2020-Insurance Times

With a huge population of 130 billion, India is fighting tooth and nail with the Corona 19 pandemic but the same is spreading like wildfire beyond control of the human…

As mandated by IRDAI, all the 30 general and health insurers that offer indemnity based health insurance, have started offering Individual Covid-specific Standard Health Policy called “Corona Kavach ''.  As…

1. It has been brought to the notice of authority that certain hospitals are denying cashless facility to policyholders for treatment of covid-19. 2. Attention is drawn to the provisions…

1. Objective: The Objective of these guidelines is to standardize the general terms and clauses incorporated in indemnity based Health Insurance [excluding Personal Accident (hereinafter called as PA) and Domestic…

1.Reference is drawn to IRDAI circular vide ref. IRDAI/HLT/REG/CIR/054/03/2020 dated 04th March, 2020 advising the general and health insurers to design need based products covering costs of treatment of coronavirus…

1.All general and health insurers registered with IRDAI rendering health services both through TPA and/or in-house shall make the captioned TPA wise public disclosures in the format specified at Annexure…

1. Pursuant to the decision of the Supreme Court in the matter of WP No.295/2012 of Shri.S. Rajaseekaran vs Union of India and Ors, the Authority issued Circular Ref: IRDAUNL/CIR/MOT/137/08/2018…

1. Reference is invited to IRDAI circular Ref. No: IRDAI/HLT/REG/CIR/054/03/2020 dated 04th March, 2020, specifying guidelines on handling of claims reported under Covid-19. 2. In view of the increase in…

Covid-19 has taken our country and the entire world by surprise and has emerged as a never imagined black swan event. It has instilled a sense of fear in every…

The Authority has issued directions vide circular ref. IRDA/F&I/CIR/F&A/012/01/2010 dt. 28th January 2010 for hosting the financial and other information in specified formats on the respective websites by insurers. Similarly,…