Health Insurance News J-K first in India to cover all residents with free health insurance January 20, 2021March 15, 2021 admin 385 Views 0 Comments Beneficiary Identification System, free health insurance, Jammu and Kashmir, PMJAY Jammu and Kashmir has become the first among Indian states and UTs to offer free health insurance to all its Read more
Life Insurance News LIC launches digital initiatives, online switching of funds under ULIP policies January 19, 2021March 15, 2021 admin 399 Views 0 Comments digital initiatives, LIC, online facility, policyholders, ULIP policies Moving to digital initiatives for improved customer servicing in the ongoing pandemic, LIC said it has introduced an online facility Read more
IRDA in India IRDAI may not ban but may tweak sale of credit-linked health policies January 19, 2021March 15, 2021 admin 416 Views 0 Comments health insurance, health policies, housing finance company, IRDAI, policyholder IRDAI may not bring a blanket ban or prohibition on the sale of credit-linked health insurance products. Instead, IRDAI may Read more
Life Insurance News LIC launches digital app for agents January 19, 2021March 15, 2021 admin 394 Views 0 Comments digital app, Digital Application, Life Insurance Corporation Life Insurance Corporation of India has launched a digital application for agents for onboarding to get a life insurance policy. Read more
IRDA in India Govt issues new rules for insurance ombudsman January 18, 2021March 15, 2021 admin 466 Views 0 Comments Council of Insurers., Finance ministry, INSURANCE OMBUDSMAN On 22 December, the finance ministry issued a draft Insurance Ombudsman (Amendment) Rules, 2020, to amending the 2017 Insurance Ombudsman Read more
IRDA in India IRDAI proposes standard travel insurance policy by April 1 January 18, 2021March 15, 2021 admin 406 Views 0 Comments IRDAI, policyholder, Travel Insurance Policy IRDAI has proposed a standard travel insurance policy with common coverage and policy wordings across the industry. The move is Read more
IRDA in India IRDAI clarifies about premium increase in health insurance January 18, 2021March 15, 2021 admin 432 Views 0 Comments general and health insurers, health insurance, IRDAI, scope of coverage IRDAI has clarified that it has permitted general and health insurers to change the base premium by up to +/-5% Read more
IRDA in India IRDAI proposes a cap of Rs. 1 crore in draft norms on standard accident insurance policies January 16, 2021March 15, 2021 admin 527 Views 0 Comments ACCIDENT INSURANCE, general and standalone health insurers, insurance companies, IRDAI IRDAI has issued draft guidelines on standard personal accident insurance policies and advised all general and standalone health insurers to Read more
IRDA in India IRDAI not in favour of making insurance mandatory January 16, 2021March 15, 2021 admin 288 Views 0 Comments insurance mandatory, IRDAI, under-insured IRDAI is of the opinion that insurance cannot be made mandatory despite India being a massively under-insured country. “There has Read more
IRDA in India IRDAI gives in principle nod to ICICI Lombard to buy Bharti AXA General January 16, 2021March 15, 2021 admin 363 Views 0 Comments Bharti AXA General, Competition Commission of India, General Insurance, ICICI LOMBARD, IRDAI IRDAI has approved in-principle acquisition of General Insurance business of Bharti AXA General Insurance by ICICI Lombard General Insurance, the Read more