Claimants prefer cashless claim settlement: Survey
Most policyholders still have to file reimbursement request as cashless continues to be a small proportion of the overall claims. Read more
policyholders
IRDAI calls for standard travel covers
In a bid to simplify travel insurance and expand its reach in the country, IRDAI issued guidelines or insurers to Read more
IDBI Federal Life Insurance launches new plan
IDBI Federal Life Insurance launched a non-linked, participating, savings plan called IDBI Federal Life Insurance Young Star Plus Plan. The Read more
LIC launches digital initiatives, online switching of funds under ULIP policies
Moving to digital initiatives for improved customer servicing in the ongoing pandemic, LIC said it has introduced an online facility Read more
No Income Tax on life insurance policies of 10 or more years, ICAI recommends Central govt
In its Pre-Budget Memoranda – 2021, the Institute of Chartered Accountants of India (ICAI) has recommended the Union government to Read more
ICICI Lombard gets in-principle approval from IRDAI approval to acquire Bharti AXA General Insurance
IRDAI has approved in-principle acquisition of General Insurance business of Bharti AXA General Insurance Company Limited (Bharti AXA) by Read more
Policyholders can renew covid-centric policy plans till Mar 2021
IRDAI asked insurers to offer policyholders the option to renew, migrate or port covid-19-specific health insurance schemes, Corona Rakshak and Read more
IRDAI tells health insurers to provide Covid-19 cover in policies
With the aim of making ease for policyholders so that they would be able to avail medical covers without any Read more
IRDAI modifies the guidelines for Arogya Sanjeevani Policy
In a bid to pass on the benefits to the policyholders, the IRDAI has modified the guidelines for Arogya Sanjeevani Read more
Coronavirus in India: LIC extends premium payment deadline
Keeping the policyholders’ convenience in mind, so that they will be able to pay the insurance premium timely even amidst Read more