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IRDAI raises third-party insurance premium for cars and two-wheelers

The Insurance Regulatory and Development Authority of India (IRDAI) has revised the third-party motor insurance premium rates for cars and two-wheelers for FY 2019-20....

IRDAI panel: Accidental deaths caused by gas explosion should be covered...

The Insurance Regulatory and Development Authority of India (IRDAI) has said that insurance companies that offer insurance for home structures should provide coverage for...

IRDAI proposes higher premiums for third-party motor insurance

The Insurance Regulatory and Development Authority of India (IRDAI) has proposed a hike in premium rates for third-party coverage of all motor vehicles including...

Insurance firms asked to share claim status with policyholders from 1...

The Insurance Regulatory and Development Authority of India (IRDAI) has asked insurance firms to inform policyholders about the status of their claims at all stages of...

IRDAI plans to introduce installment claim settlement payouts for certain policies

The Insurance Regulatory and Development Authority of India (IRDAI) is reportedly planning to introduce an option that allows policyholders to receive their claim settlement...

IRDAI releases draft guidelines for Standard Health Product

The Insurance Regulatory and Development Authority of India (IRDAI) has produced a set of guidelines for a Standard Health Product which will be offered...

Flipkart to offer insurance soon, partners with Bajaj Allianz

Flipkart, one of the most popular e-commerce websites in India, has partnered with the general insurance company, Bajaj Allianz to provide insurance solutions for...

IRDAI increases minimum vehicle insurance sum insured

The Insurance Regulatory and Development Authority of India (IRDAI) raised the minimum amount of the capital sum insured (CSI) amount for vehicle insurance policies...

Vehicle Buyers Will Have To Purchase Long-Term Motor Insurance Covers From...

Starting from September 1, individuals who are purchasing new vehicles will need to purchase long-term motor insurance covers mandatorily. New car owners will need...

Mental illnesses to be covered under health insurance

The Union Health Minister, J.P.Nadda, in his recent tweet, announced that mental illnesses will be covered under health insurance plans just as physical illnesses...