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Life Insurance policies to offer higher surrender value on premature exit

Life Insurance policies to offer higher surrender value on premature...

Mumbai: From October 1, life insurance companies will pay you a surrender value even if you surrender your policy after...

13 Jun 2024 9:42 PM IST

IRDAI asks insurers to settle cashless claims in 3 hours

IRDAI asks insurers to settle cashless claims in 3 hours

Mumbai: The Insurance Regulatory and Development Authority of India (IRDAI) on Wednesday announced a major revamp of...

29 May 2024 9:19 PM IST

Hinduja group firm IIHL gets Irdai nod on Rs 9,650-cr RCAP acquisition

Hinduja group firm IIHL gets Irdai nod on Rs 9,650-cr RCAP acquisition

Mumbai: Insurance sector regulator IRDAI has given conditional approval to Hinduja Group firm IndusInd International...

11 May 2024 9:28 PM IST

IRDAI May Raise Special Surrender Value

IRDAI May Raise Special Surrender Value

Mumbai: To ensure fair treatment to policyholders, the Insurance Regulatory and Development Authority of India (IRDAI)...

30 April 2024 11:50 PM IST

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