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...

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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...

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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

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‘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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