The regulator is considering the option where the policyholder can receive the amount in lump-sum or in equated instalments – istock/utah778 IRDAI may ban
Category: Insurance
Latest Court Decisions are from some of the High Courts and from Supreme Court of India
Cancer insurance: All you want to know on how to prepare for various scenarios – The Hindu BusinessLine
Indemnity-based cancer policies from health insurers are the best choice today The risk of cancer is real. Every year new studies are showing increasing instances
Health Insurance: Claim settlement process of health insurance: TPA Vs In house claim department–Economic Times
The claims settlement process is one of the most important aspects of an insurance policy, especially if it is a health cover. A policyholder‘s health insurance claim can get settled
Car Insurance Policy: Why your motor insurance policy will not pay full cost of car damage repair–Economic Times
Make sure you check what all are covered under the motor insurance scheme you are planning on getting. Even if you have taken a standard
Your health policy may soon cover all flanks – The Hindu BusinessLine
IRDAI panel for weeding out many exclusions Currently available health covers are likely to get more broad-based soon with a panel constituted by the Insurance
Insurance regulator proposes higher third-party premium for cars, two-wheelers – The Hindu BusinessLine
Regulator moots discount for electric vehicles Third-party motor insurance premium rates are set to go up in the current financial year. Though new premium rates
Insurers can’t deny cover for mental illness, adventure sports enthusiasts – The Economic Times
Insurance regulator IRDAI on Friday came out with new rules that will have widespread ramifications for health insurers and the general public. Insurers henceforth cannot decline coverage to
From insurance claims to accident policy, here’re the key court orders | Business Standard News
SC upholds insurance claim rejections Life insurance companies won three cases in the Supreme Court last week as it upheld the rejection of claims on various grounds.
Flagship crop insurance scheme finds fewer takers in kharif 2018 – The Hindu BusinessLine
The number of farmers enrolled for the Pradhan Mantri Fasal Bima Yojana (PMFBY) during kharif 2018 was 3.43 crore, marginally lower than the figure in
From July 1, insurers to provide claim tracking mechanism – The Hindu BusinessLine
Access to credit is not the same as enabling a credit card, according to Brett King, acclaimed influencer in financial services, Co-Founder and CEO of
Can’t reject claims based on new issues | Business Standard Column
An insured who is aggrieved by the repudiation of this claim can challenge the repudiation by filing a consumer complaint. While defending the case, can
How to claim car insurance in case your car catches fire – The Financial Express
What if the documents related to your car such as registration papers and insurance policy gets damaged or burnt? The Aero Show 2019 in Bengaluru
Settlement of health-cover claim must improve, says IRDAI chief – The Hindu BusinessLine
Insurance regulator Insurance Regulatory and Development Authority of India (IRDAI), on Monday, asked health insurers and health providers to raise the bar on “claim settlements”,
Car Insurance: Motor insurance policy provides total loss benefit against car accident: What it means for you?
When you buy a standard motor insurance policy, the insurer may often tell you the policy will provide you total loss benefit in case of
Resolution of complaints: Insurers ignoring ombudsmen judgments – The Hindu BusinessLine
Insurance companies are ignoring the implementation of judgments given by ombudsmen in resolution of complaints from policyholders. According to insurance ombudsman regulations, it is mandatory
Now, a policy to protect bank locker – The Economic Times
IFFCO Tokio General Insurance Company today announced the launch of Bank Locker Protector Policy to protect the contents of a bank locker such as jewellery and other valuables. The policy
‘मेडिक्लेम’ नाकारणे पडले महागात | महाराष्ट्र टाइम्स
ब्लॅक लिस्टेड असलेल्या हॉस्पिटलमध्ये उपचार घेतल्यामुळे दावा नाकारणाऱ्या न्यू इंडिया इन्शूरन्स कंपनीला ग्राहक न्यायमंचाने सदोष सेवा दिल्याचा ठपका देत मेडिकल क्लेमचे पैसे व्याजासह देण्याचे आदेश
Modicare push: Over 12 lakh people availed free treatment under Ayushman Bharat – The Financial Express
Over 600 plus global medical device manufacturers, industry bodies and association, healthcare experts, and policy makers from over 25 countries are participating in the three-day
Irdai issues norms for standardized health insurance product – The Economic Times
he insurance regulator today issued draft norms for standard health insurance products with basic sum assured of Rs 50,000 crore to Rs 10 lakh defining the benefit
When cover for farmers came a cropper – The Hindu BusinessLine
How 140 farmers in Maharashtra’s Jalna district have been left high and dry Farmers of Jalna district in Aurangabad Division of Maharashra, who planted pomegranate,