September 2019

India’s political and economical scenario is changing fast since the last general election in May, 2019 wherein Narendra Modi Government secured majority. The Modi govt delivered many poll promises like…

LIC’s Jeevan Amar plan is a Non-Linked, Without Profit, pure protection plan. The plan offers the flexibility to choose from two death benefit options viz: Level Sum Assured and increasing…

PUBLIC NOTICE It has been brought to the notice of the Authority that a website using domain name- www.irdaionline.org is selling insurance to the general public. This domain name is…

In April last year, a medical device powered by artificial intelligence (AI) received approval from the US Food and Drug Administration (USFDA), marking a historic moment in healthcare globally. The…

Come September and owners of passenger cars and two-wheelers will have the option to select their insurer while buying or renewing their motor insurance policy. A comprehensive motor insurance policy…

As a result of the heavy rains and floods, there are reports of loss of human lives and loss of belongings in many states such as Karnataka, Kerala, Maharashtra, Gujarat.…

1. As you are aware, the recent floods have caused immense loss to property in the state of Karnataka. There is an urgent need for the insurance industry to take…

The Authority vide the below mentioned circulars have mandated the reporting of payouts made to Insurance Agents and Insurance Intermediaries: - (i) Circular Ref. No. IRDA/F&I/CIR/F&A/008/01/2010 dated 21st January, 2010;…

A 59-year-old woman filed a complaint against Anuj Gulati, MD and CEO of Religare Health Insurance, Vijay Bhaskar, Religare’s Bengaluru manager and 13 others including doctors at Diya Healthcare, for…

The Supreme Court has reiterated the insurance claim principle whereby the computation of claim amount is supposed to be done based on age of the deceased and not age of…