IRDAI may announce a standardised personal accident insurance cover

India’s insurance regulator has floated draft guidelines for a standardized personal accident cover aimed at simplifying the product...

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Flipkart, Bajaj Allianz launch Digital Suraksha insurance to cover cyber attacks and frauds

Flipkart and Bajaj Allianz General Insurance Company together will offer 'Digital Suraksha Group Insurance' for customers who want to cover...

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Irdai permits life, general insurers to conduct video-based KYC

Regulator Irdai has permitted life and general insurers to conduct KYC of prospective customers through Video Based Identification Process (VBIP), a...

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IRDAI to introduce standardised policies for life and small businesses

Insurance Regulatory and Development Authority of India chairman Subhash Khuntia, addressing an event organised by industry lobby group CII,

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Maruti Suzuki tests vehicle subscription pilot programme for consumers

Maruti Suzuki announced the launch of its subscription programme Maruti Suzuki Subscribe to offer easy and flexible car ownership options to...

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IRDAI Asks Insurers to Offer Corona Kavach Policy by 10 July

Amid rising number of coronavirus cases in the country, insurance sector regulator Irdai has asked the general and health insurers to offer...

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IRDAI's standard coronavirus insurance policy set to be a fixed benefit cover

The country’s insurance regulator has directed all general and health insurers to offer a standard coronavirus cover by June, reports The...

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Claims Should be Settled within 30 Days, orders IRDAI to Insurers

Irdai has asked insurance companies to settle or reject a claim, as the case may be, within 30 days from the date of receipt of last necessary...

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Health insurance claims not contestable after 8 years of premium payment: Irdai

Health insurers will not be allowed to contest claims once the premium has been paid for a continuous period of eight years, regulator Irdai said in...

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Govt extends validity of motor vehicle related documents till September 30, 2020

The government has further extended the validity date of motor vehicle documents till September 30, 2020, reports The Economic Times.

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