Category: Insurance
Latest Court Decisions are from some of the High Courts and from Supreme Court of India
Insurance regulator issues circular to protect interests of policyholders | Personal Finance – Business Standard
https://www.business-standard.com/finance/personal-finance/insurance-regulator-issues-circular-to-protect-interests-of-policyholders-124090600658_1.html Clipped from: https://www.business-standard.com/finance/personal-finance/insurance-regulator-issues-circular-to-protect-interests-of-policyholders-124090600658_1.html Norms on claims settlement process, electronic policies improve transparency for policyholders IRDAI The Insurance Regulatory and Development Authority of India (IRDAI) has
MCA notifies new accounting standard Ind AS 117 on ‘insurance contracts’ – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/mca-notifies-new-accounting-standard-ind-as-117-on-insurance-contracts/article68525875.ece Clipped from: https://www.thehindubusinessline.com/economy/mca-notifies-new-accounting-standard-ind-as-117-on-insurance-contracts/article68525875.ece All eyes now on IRDAI for implementation; new accounting standard brings India closer to global standards on insurance accounting In a game-changing
👍👍👍Insurance-Understanding Trip Cancellation Coverage and Claim Process – The Hindu BusinessLine
https://www.thehindubusinessline.com/portfolio/personal-finance/insurance-query-understanding-trip-cancellation-coverage-and-claim-process/article68500736.ece Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/insurance-query-understanding-trip-cancellation-coverage-and-claim-process/article68500736.ece This coverage reimburses one for pre-paid, non-refundable expenses such as flights, hotels and tour packages I booked a trip a few months
Truecaller, HDFC ERGO tie up for insurance product to safeguard subscribers | Company News – Business Standard
https://www.business-standard.com/companies/news/truecaller-hdfc-ergo-tie-up-for-insurance-product-to-safeguard-subscribers-124062700648_1.html Clipped from: https://www.business-standard.com/companies/news/truecaller-hdfc-ergo-tie-up-for-insurance-product-to-safeguard-subscribers-124062700648_1.html Truecaller in a release said that amid rising cases of cyber fraud, the insurance offering underscores its commitment to combating fraud and
Health insurance application declined? Here’s what you need to know | Personal Finance – Business Standard
https://www.business-standard.com/finance/personal-finance/health-insurance-application-declined-here-s-what-you-need-to-know-124062700466_1.html Clipped from: https://www.business-standard.com/finance/personal-finance/health-insurance-application-declined-here-s-what-you-need-to-know-124062700466_1.html The insurance companies take a decision to provide coverage based on the risk assessment of an individual’s medical condition Notwithstanding the growth
Big blow for insurance companies! IRDAI cracks down on insurers’ misleading ad practices – Money News | The Financial Express
https://www.financialexpress.com/money/big-blow-for-insurance-companies-irdai-cracks-down-on-insurers-misleading-ad-practices-3532139/ Clipped from: https://www.financialexpress.com/money/big-blow-for-insurance-companies-irdai-cracks-down-on-insurers-misleading-ad-practices-3532139/ According to IRDAI, insurers need to ensure that all grievances are resolved within specific timelines and a written acknowledgment of a grievance
ABDM is all set to revolutionise healthcare delivery – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/abdm-is-all-set-to-revolutionise-healthcare-delivery/article68296994.ece Clipped from: https://www.thehindubusinessline.com/opinion/abdm-is-all-set-to-revolutionise-healthcare-delivery/article68296994.ece The Ayushman Bharat Digital Mission is aiming to replicate the success of UPI in the healthcare sector Click, Scan, and Pay– in
Demand for OPD benefits on rise among health insurance policyholders | Insurance – Business Standard
https://www.business-standard.com/finance/insurance/demand-for-opd-benefits-on-rise-among-health-insurance-policyholders-124061200730_1.html Clipped from: https://www.business-standard.com/finance/insurance/demand-for-opd-benefits-on-rise-among-health-insurance-policyholders-124061200730_1.html While demand for OPD benefits was present before, insurance industry experts believe that the Covid-19 pandemic pushed the demand further Representative Picture
Revive policy or accept surrender value | Expert Views – Business Standard
https://www.business-standard.com/opinion/columns/revive-policy-or-accept-surrender-value-124060900715_1.html Clipped from: https://www.business-standard.com/opinion/columns/revive-policy-or-accept-surrender-value-124060900715_1.html The National Commission noted that if the policyholder wanted reinstatement, he should have made a written request and cleared the premiums The
Moratorium to refund: Reforms in health insurance you must know about | Personal Finance – Business Standard
https://www.business-standard.com/finance/personal-finance/moratorium-to-refund-reforms-in-health-insurance-you-must-know-about-124060601018_1.html Clipped from: https://www.business-standard.com/finance/personal-finance/moratorium-to-refund-reforms-in-health-insurance-you-must-know-about-124060601018_1.html Be meticulous with disclosures during policy purchase despite lowering of moratorium period Representative Picture The Insurance Regulatory and Development Authority of India
Making the public health system more robust – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/making-the-public-health-system-more-robust/article68233203.ece lipped from: https://www.thehindubusinessline.com/opinion/making-the-public-health-system-more-robust/article68233203.ece Build on the National Rural Health Mission by improving healthcare delivery, enhancing the managerial skills of human resources and stepping up public
👍👍👍👍👍👍👍Master Circular on IRDAI (Insurance Products) Regulations 2024- Health Insurance
https://taxguru.in/corporate-law/master-circular-irdai-insurance-productsregulations-2024health-insurance.html Clipped from: https://taxguru.in/corporate-law/master-circular-irdai-insurance-productsregulations-2024health-insurance.html In a significant move aimed at reinforcing the empowerment of policyholders and fostering inclusive health insurance, the Insurance Regulatory and Development Authority
Insurance brokers urge Irdai to allow them to appoint ‘Bima Vahaks’ | Insurance – Business Standard
https://www.business-standard.com/finance/insurance/insurance-brokers-urge-irdai-to-allow-them-to-appoint-bima-vahaks-124052600375_1.html Clipped from: https://www.business-standard.com/finance/insurance/insurance-brokers-urge-irdai-to-allow-them-to-appoint-bima-vahaks-124052600375_1.html Bima Vahak, a part of Irdai’s Bima Trinity, is a women-centric, dedicated distribution channel to sell insurance products Photo: Shutterstock Listen to
👍👍👍Go for a health plan that covers mental illness – Insurance News | The Financial Express
https://www.financialexpress.com/money/insurance-go-for-a-health-plan-that-covers-mental-illness-3500772/ Clipped from: https://www.financialexpress.com/money/insurance-go-for-a-health-plan-that-covers-mental-illness-3500772/ A plan that also offers cover for psychiatric consultations is best. All policyholders need to serve a waiting period in which certain
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