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The Insurance Surveyors and Loss Assessors Regulations 2019 has proposed to increase the limits of self-assessment of damage up to Rs 75,000 in case of motor accidents claims from the current limit of Rs 50,000.

IRDAI Frees up Insurance Cover Wordings

Mumbai: In a historic move, the insurance regulator has freed up policy wordings in non-life insurance contracts,...

14 April 2024 10:14 PM IST

There shall not be any restriction on entry based on age in health insurance covers,â€ said the Insurance Regulatory and Development Authority of India (IRDAI). (Image: IRDAI Official Website)

IRDAI Proposes to Cut Waiting Period for Pre-existing Diseases, Cap on...

Mumbai: In a major relief to health insurance policyholders, the insurance regulator has proposed to cut down the...

20 Dec 2023 1:03 AM IST