IRDAI PRODUCT REGULATION 2013
How IRDAI panel proposes to make health insurance more buyer-friendly
An Irdai constituted panel has recommended a simpler definition of pre-existing diseases to prevent any disputes over interpretation.
Health insurers may be allowed to tweak your policy at renewal: Premium could increase
An Irdai proposal seeks to allow ‘minor’ changes on a ...
Insurers can’t deny cover for HIV+ patients: IRDAI
Most insurance companies have stayed away from launching products for HIV/AIDS patients du...
Irdai for minimising exclusions in health insurance policy
The Irdai had from time to time issued guidelines on standardisation in health insurance and to enhance transparency and uniformity.
IDBI Bank rallies 6% on Irdai green light
S B Mathur, former Chairman at LIC, noted that the largest life insurer has always been making long-term investments.
IRDAI proposals on life covers will help buyers: Ashish Vohra, Reliance Nippon Life Insurance
"The proposals, if implemented, could make the till-now rigid life insurance product design space a lot more flexible," says Ashish Vohra, Reliance Nippon Life Insurance.
IRDAI panel moots waiting period of 30 days for hypertension, cardiac conditions in health covers
The working group set up by the IRDAI recommend ways to rationalise exclusions in health covers, so as to enhance the scope of health insurance coverage.
IRDAI may allow companies to up savings part, reduce sum insured in policies
One of the proposals is to make the minimum death benefit 7 times for regular-premium products and 1.25 times for single-premium products for all ages.
Irdai imposes 20 lakh fine on ICICI Prudential Life for various violations
The regulator noted that the insurer had floated various sales campaigns under rewards and recognition programme.
Irdai to modify insurance policy covers for shops, hotels
The seven-member panel headed by Anurag Rastogi of HDFC Ergo General Insurance Company has been asked to submit its report within 12 weeks.
Taxi sales could grind to a halt across India
Sales have already come to a halt in Delhi, Maharashtra and Madhya Pradesh in the past two weeks.
National Statistical Commission to get more teeth in 100 days
Changes likely in the institutional and legal framework of the statistics body after govt faced flak over GDP data quality.
15 insurers offer products covering AYUSH treatment
IRDAI defines AYUSH treatment as medical treatments given under Ayurveda, Yoga and Naturopathy, Unani, Siddha and Homeopathy systems.
How new insurance, pension proposals can impact you
Currently, insurers are required to offer a minimum cover of 10-times the annual premium to those under 45 and 7-times to those over 45.
IRDAI tells SBI Life again to refund policyholders
In 2012, the Insurance Regulatory and Development Authority of India had found SBI Life guilty of violating its rule on paying commission on single-premium policies.
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