Early exit benefit in term plans allows policyholders to withdraw early, pays back premium
Term insurance policy buyers now have the option to exit the policy early and even get the premium back. And Read more
policyholders
IRDAI to build comprehensive portal for resolving policyholders’ complaints
IRDAI is building a comprehensive portal for complaints redressal of policyholders. The portal is expected to be ready by the Read more
PMJJBY policyholders eligible for LIC IPO at discount
Subscribers of Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) are eligible for LIC initial public offering at a discount, Chairman Read more
10.8 million eligible to avail of policyholders’ quota
About 10.8 million policyholders of Life Insurance Corporation of India (LIC) have linked their policies with PAN and have a Read more
IRDAI proposes to make policyholders less accountable while porting health policy
Soon, insurers may be solely responsible for collecting the policyholder’s claims information from the existing insurer after porting of a Read more
COVID-19: Policyholders get only 45-80% of bills
As the number of people hospitalised due to COVID-19 rise, many find that they have to settle a big chunk Read more
LIC policyholders can deposit maturity claim documents anywhere in the country
LIC has permitted its policyholders to submit their maturity claim at any of their nearest LIC offices anywhere in India. Read more
LIC eases process to claim policy maturity benefits
Due to the restrictions on movement due to COVID-19, LIC has allowed its policyholders to deposit their maturity claim documents Read more
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
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
