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insurance act

Latest Articles


A Comprehensive Guide to Best Term Insurance Plans for ₹2 Crore Coverage

Finance : When it comes to insurance policies for your family’s finances, choosing the right term insurance is very essential. Although, t...

December 11, 2024 1047 Views 0 comment Print

Overview of IRDAI (Registration, Capital Structure, Transfer of Shares and Amalgamation of Indian Insurance Companies) Regulations (2024): Critical Analysis

Corporate Law : IRDAI’s 2024 regulations simplify processes for registration, share transfers, and mergers of Indian insurance companies, aiming...

December 8, 2024 279 Views 0 comment Print

Tax Benefits of Term Insurance Plans: A Complete Guide for FY 2024-25

Finance : A term insurance plan is considered a valuable asset in an individual's financial planning. It not only provides security to your ...

November 16, 2024 1380 Views 0 comment Print

Comparative analysis of insurance fraud laws: investigating how different jurisdictions address insurance fraud and its enforcement

Corporate Law : Explore global insurance fraud laws, prevention methods, and IRDAI's role in tackling fraud. Learn how jurisdictions address risk ...

November 14, 2024 420 Views 0 comment Print

Impact of climate change on insurance policies

Corporate Law : Explore how climate change reshapes the insurance industry, affecting risk assessment, premiums, and coverage options in an increa...

October 2, 2024 477 Views 0 comment Print


Latest News


Reduction of Entry Age and Increase in Premium Amount in LIC

Corporate Law : LIC adjusts entry age, minimum sum assured, and agent commissions. Government provides insights on these changes, addressing conce...

December 11, 2024 222 Views 0 comment Print

Reasons for High Health Insurance Premiums in India

Corporate Law : Govt. responds to concerns over high health insurance premiums, citing actuarial principles and IRDAI regulations to ensure fair p...

December 6, 2024 321 Views 0 comment Print

IRDA (Insurance Advisory Committee) (Amendment) Regulations, 2024

Corporate Law : IRDAI revises regulations for the Insurance Advisory Committee, enhancing meeting flexibility and clarifying advisory roles. Publi...

November 8, 2024 654 Views 0 comment Print

Draft IRDA (Re-Insurance Advisory Committee) (Amendment) Regulations, 2024

Corporate Law : IRDAI proposes updates to re-insurance committee regulations, introducing flexibility in meetings and member resignation or remova...

November 8, 2024 150 Views 0 comment Print

Draft IRDA (Meetings) (Amendment) Regulations, 2024

Corporate Law : IRDAI proposes amendments to its meeting regulations to enhance clarity and efficiency, including changes to meeting frequency, no...

November 8, 2024 165 Views 0 comment Print


Latest Judiciary


Doubt in Surveyor’s Report Leading to Non-Assessment by Insurance Company constitute Service Deficiency

Corporate Law : In present facts of the case, the National Commission observed that where the Final Surveyor’s Report credibility becomes doubtf...

October 12, 2023 999 Views 0 comment Print

Insurance Policy applicable to whole India & not limited to concerned premises of Insured

Corporate Law : In present facts of the case, the National Commission allowed the Revision Petition filed by the Complainant by making observation...

October 11, 2023 624 Views 0 comment Print

Insurance Claim Rejection Unjustified: No Link Between Depression & Fatal Cardiovascular Arrest

Corporate Law : In present facts of the case, the Revision Petition have been filed by the Petitioner – LIC against Respondents under section 21...

October 11, 2023 747 Views 0 comment Print

Motor Accident Claim: Tyre Burst is not an ‘Act of God’ & Insurance Company is liable to pay Compensation

Corporate Law : Tyre burst is not an act of God but a consequence of negligence and the Driver/ Insurance company cannot be exonerated for the sam...

March 16, 2023 3795 Views 0 comment Print

Court is required to ensure that prima facie a genuine arbitrable dispute exists

Corporate Law : Oriental Insurance Company Limited Vs Dacite Furnishing Limited (Supreme Court) For deciding the application under Section 11(6) o...

December 28, 2022 1299 Views 0 comment Print


Latest Notifications


IRDAI (Regulatory Sandbox) Regulations, 2025

Corporate Law : Learn about IRDAI's Regulatory Sandbox Regulations 2025, enabling innovation in the insurance sector with guidelines on experiment...

January 10, 2025 213 Views 0 comment Print

IRDAI (Maintenance of Information by Regulated Entities and Sharing of Information by Authority), Regulations 2025

Corporate Law : IRDAI introduces 2025 regulations for insurers' data maintenance, governance, and confidential information sharing under the Insur...

January 10, 2025 621 Views 0 comment Print

IRDAI (Re-insurance Advisory Committee) (Amendment) Regulations, 2025

Corporate Law : IRDAI amends Re-insurance Advisory Committee regulations to enhance efficiency. Updates include member removal criteria and meetin...

January 10, 2025 165 Views 0 comment Print

IRDAI (Insurance Advisory Committee) (Amendment) Regulations, 2025

Corporate Law : IRDAI amends Insurance Advisory Committee Regulations 2000, enhancing clarity in functions. Changes include meeting guidelines, me...

January 9, 2025 279 Views 0 comment Print

IRDAI (Meetings) (Amendment) Regulations, 2025

Corporate Law : IRDAI updates meeting regulations, including frequency, notice period, and agenda circulation. Chairperson's role clarified for em...

January 9, 2025 138 Views 0 comment Print


Latest Posts in insurance act

IRDAI (Regulatory Sandbox) Regulations, 2025

January 10, 2025 213 Views 0 comment Print

Learn about IRDAI’s Regulatory Sandbox Regulations 2025, enabling innovation in the insurance sector with guidelines on experimentation, permissions, and compliance.

IRDAI (Maintenance of Information by Regulated Entities and Sharing of Information by Authority), Regulations 2025

January 10, 2025 621 Views 0 comment Print

IRDAI introduces 2025 regulations for insurers’ data maintenance, governance, and confidential information sharing under the Insurance Act. Learn about key provisions.

IRDAI (Re-insurance Advisory Committee) (Amendment) Regulations, 2025

January 10, 2025 165 Views 0 comment Print

IRDAI amends Re-insurance Advisory Committee regulations to enhance efficiency. Updates include member removal criteria and meeting guidelines.

IRDAI (Insurance Advisory Committee) (Amendment) Regulations, 2025

January 9, 2025 279 Views 0 comment Print

IRDAI amends Insurance Advisory Committee Regulations 2000, enhancing clarity in functions. Changes include meeting guidelines, member resignation, and removal rules.

IRDAI (Meetings) (Amendment) Regulations, 2025

January 9, 2025 138 Views 0 comment Print

IRDAI updates meeting regulations, including frequency, notice period, and agenda circulation. Chairperson’s role clarified for emergent and regular meetings.

Reduction of Entry Age and Increase in Premium Amount in LIC

December 11, 2024 222 Views 0 comment Print

LIC adjusts entry age, minimum sum assured, and agent commissions. Government provides insights on these changes, addressing concerns over affordability and agent welfare.

A Comprehensive Guide to Best Term Insurance Plans for ₹2 Crore Coverage

December 11, 2024 1047 Views 0 comment Print

When it comes to insurance policies for your family’s finances, choosing the right term insurance is very essential. Although, today, there are many substitutes available in the Indian market, perhaps, you would be confused as to which is the most suitable for you. Which plan has the best set of benefits for ₹2 crore coverage and/or addition features for ₹2 crore coverage?

Overview of IRDAI (Registration, Capital Structure, Transfer of Shares and Amalgamation of Indian Insurance Companies) Regulations (2024): Critical Analysis

December 8, 2024 279 Views 0 comment Print

IRDAI’s 2024 regulations simplify processes for registration, share transfers, and mergers of Indian insurance companies, aiming to boost industry growth.

Reasons for High Health Insurance Premiums in India

December 6, 2024 321 Views 0 comment Print

Govt. responds to concerns over high health insurance premiums, citing actuarial principles and IRDAI regulations to ensure fair pricing for policyholders.

Tax Benefits of Term Insurance Plans: A Complete Guide for FY 2024-25

November 16, 2024 1380 Views 0 comment Print

A term insurance plan is considered a valuable asset in an individual’s financial planning. It not only provides security to your loved ones but also offers the advantage of saving taxes that can reduce your taxable income significantly.

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