IRDAI
Big breather for you from IRDAI! Worried about premium, renewal of life insurance policies? Check this
Mon, May 11, 2020
Are you worried about your pending premium payment or renewal of life insurance policy? Here is big breather for you from insurance regulator Insurance Regulatory and Development Authority of India (IRDAI).
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Grace period for life insurance policies extended till May 31
Mon, May 11, 2020
The Insurance Regulatory and Development Authority of India (IRDAI) had on March 23 and April 4 announced additional grace period of 30 days for policies where premium was due in March and April to provide relief to the policy holders amid the nationwide lockdown.
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Insurance alert! This IRDAI advice is very important for claims - All you need to know
Tue, May 05, 2020
Regulatory body Insurance Regulatory Authority of India (IRDAI) has issued an advisory for insurance intermediaries like the insurance broker, insurance web aggregators, corporate agents and insurance marketing firms to take professional indemnity policies in order to get themselves indemnified from the claims lodged against them
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Money Tip: Have ULIP? Before signing up for settlement, this is what you should know for sure
Tue, Apr 28, 2020
Insurance Regulatory and Development Authority of India (IRDAI) has allowed life insurance companies to offer settlement options to policyholders whose ULIPS are maturing up to 31 May 2020. It is important to know these important points before you opt for a settlement
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Relief for common man! You can pay health insurance premium in instalments now
Wed, Apr 22, 2020
Giving a major relief to common man, the Insurance Regulatory and Development Authority (IRDAI) has allowed them to pay health insurance premium in instalments. In a circular, IRDAI said that customers can now pay premium on health insurance policies in monthly, quarterly or half-yearly instalments.
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Good news! Now, insurers too can grant moratorium on term loans - All details here
Thu, Apr 09, 2020
In a circular, Insurance Regulatory and Development Authority of India (Irdai) said it has received representations from industry associations, seeking moratorium on repayment of term loans sanctioned by the insurers in the context of outbreak of Covid-19. The regulator has accepted the request.
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Coronavirus Lockdown: Missed your premium payment deadline? You are still not late; know why
Thu, Mar 26, 2020
If you have missed your life insurance premium payment deadline because of coronavirus lockdown or any other reason, and are worried about the policy getting lapsed or renewal fines, don' worry and read the space
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Will IRDAI direct insurance firms to cover coronavirus-hit businesses?
Mon, Mar 16, 2020
Amid rising number of cases of coronavirus in India, and businesses being hit by the pandemic, Confederation of All India Traders (CAIT) gas written to Union Finance Minister Nirmala Sitharaman seeking insurance cover for coronavirus-hit businesses.
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Coronavirus insurance: IRDA asks Insurers to settle claims related to COVID-19
Wed, Mar 11, 2020
This would bring much needed relief to policy holders some of whom were facing difficulty in getting coverage for treatment takers to coronavirus. In th e absence of clear information, a few hospitals were reportedly denying for forward such claims of policy holders to the insurers.
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IRDAI to introduce wellness product guidelines
Thu, Mar 05, 2020
The insurance regulator IRDAI will introduce guidelines on wellness products. In these schemes, you will get to pay less insurance premium if you stay fit and healthy. The guidelines on the required fitness level and other details will be introduced by IRDAI.
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After standardising health insurance, IRDAI to set rating for hospitals
Mon, Jan 06, 2020
After standardisation of basic health insurance products, Insurance Regulatory Development Authority of India (IRDAI), is planning the standardisation of health services through the rating of hospitals for insurance claims. #InsuranceClamis #IRDAI #Insurance #Health Insurance
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