Sep 25, 2020-Friday

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Friday, Sep 25, 2020


Jul 16, 2020 14:51
The pandemic has fuelled awareness about health insurance policies with people sharing their nightmarish experiences of the difficulties in getting timely medical attention and skyrocketing medical bills. Sound policies can go a long way in ensuring accessibility of good medical care facilities and maintaining one’s financial health. read more
Jul 12, 2020 23:35
Life insurance premium collections from new businesses dropped to just Rs 49,335.43 crore in the June quarter from Rs 64,565.5 crore in the March quarter, and Rs 69,000 crore in the December quarter, according to the Insurance Regulatory and Development Authority of India, or Irdai. read more
Jun 28, 2020 15:56
According to the guidelines, the minimum sum insured for the Corona Kavach Policy will be Rs 50,000 and the maximum Rs 5 lakh. While in the Corona Rakshak Policy, the minimum sum insured is 50,000 and the maximum limit has been set at Rs 2.5 lakh.  read more
Jun 17, 2020 00:10
The plea, filed by an advocate Gaurav Kumar Bansal, stated that insurance companies were refusing to provide such coverage despite a mandate under the Mental Healthcare Act of 2017. read more
Jun 14, 2020 15:00
On claim settlement, Irdai said the insurance company should settle or reject a claim, as the case may be, within 30 days from the date of receipt of last necessary document. read more
May 22, 2020 19:53
In a circular, the Insurance Regulatory and Development Authority of India (Irdai) said there are reports of loss of human lives and loss of belongings in the cyclone affected districts, primarily in the states of West Bengal and Odisha. read more
Nov 03, 2019 11:13
Irdai said BAP was implemented for automation of registration and other connected activities for insurers, brokers, surveyors and third party administrators, as well as automation of product approvals, branch office opening and advertisements, among... read more
Aug 29, 2019 17:31
According to IRDAI, PolicyBazaar violated rules by entering into a partnership with the Indian Health Organization by Aetna for offering consultation and OPD services to new customers. A total of eight charges of violation of rules were filed against... read more
Apr 05, 2019 23:16
AB-PMJAY, launched in September last year, provides an annual hospitalisation cover of Rs 5 lakh to around 100 million families in at least 16,000 empanelled hospitals. read more
Jul 16, 2018 14:51
LIC’s buying stake in IDBI Bank will help the debt-ridden state-owned bank get a capital support of Rs 10,000- 13,000 crore. read more
Jun 29, 2018 19:26
Irdai has permitted LIC to pick up to 51 per cent stake in IDBI Bank by relaxing existing rules of investment for life insurance companies read more