ESI Contribution Reduced to 4% from 6.50%

The government has reduced the contribution under the Employees’ State Insurance (ESI) Act to 4% from 6.5%, a move expected to increase the...


Share status of Claims with Policyholders, IRDAI tells Insurers

In a new circular released by the Insurance regulator IRDAI, insurance companies will have to inform about claim settlement status to policyholders...


Your insurance premium is likely to cost less from April 1

Working-age Indians may have to pay less to buy life insurance in the next fiscal year, with the industry switching to the latest statistical tables...


IRDAI proposes changes to norms for life insurance policy revival

Insurance buyers are set to get substantial benefits, with the regulator proposing significant changes to revival of policies


‘Claim has to be honoured if death is unrelated to disease not disclosed’: NCDRC to LIC

The apex consumer commission has asked LIC India to pay Rs5 lakh to the kin of a deceased diabetes patient and made clear that insurance claims...


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