December 2019 - Insurance Times

Abstract Of late, the Supreme Court of India in a couple of judgments has re-affirmed the sublime importance of the principle of “utmost goodfaith” and reinforces the viewpoint that amongst…

Principles of Insurance Insurance:It may be described as a social device to reduce or eliminate risk of life and property. Under the plan of insurance, a large number of people…

Introduction In today’s volatile, uncertain, complex and ambiguous (VUCA) world, it is important that employees at managerial and key leadership positions understand the strategic thinking in insurance firms - right…

After having served as one of the most successful chairman of Leading PSU, how do you plan to expand the activities of National Insurance Academy, one of the premier learning…

Whereas, in relation to the classes of claims mentioned in the Schedule hereto annexed, the Authority is satisfied that it is customary to entrust the work of survey or loss…

The Indian health insurance market has a number of individual health insurance products. Each product has its own benefit feature and corresponding terms and conditions. With the objective to facilitate…

We refer to clause 2.4 of IRDAI/ACT/CIR/MISC/125/07/2019 Dt 26/7/2019 and clause 1 of IRDAI/LIFE/CIR/MISC/173/09/2019 Dt 26/09/2019 on the implementation of IRDAI (Non-Linked Insurance Products) Regulations, 2019 and IRDAI (Unit Linked…

Health insurance holders are likely to get more wellness and preventive features, including Outpatient Department (OPD) consultations or treatments, pharmaceuticals, health check-ups and diagnostics, and discount vouchers in gyms and…

Abhishek Mishra was driving from Udaipur to Gurgaon along with his parents in his father's new Maruti Ciaz, a car the senior Mishra had bought a month ago with his…

IRDAI has extended the time limit for withdrawal of life insurance products upto 31st January 2020. Earlier the deadline was 30th November 2019. However, based on representation received from Life…