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Endowment Plan vs. Term Insurance: Making the Right Choice

Finance : When buying a life insurance policy, choosing one that aligns with your financial goals and provides the best protection for your ...

July 20, 2024 807 Views 0 comment Print

5 Questions You Should Ask Your Insurance Advisor

Finance : Discover the crucial questions you should ask your insurance advisor to ensure you get the right coverage. Learn more about policy...

July 9, 2024 888 Views 0 comment Print

Health and Life Insurance: How much coverage amount is necessary?

Finance : Learn how to determine the right coverage for health and life insurance. Discover the best plans and tips for securing your family...

June 27, 2024 1008 Views 0 comment Print

Insurers and TPAs as Data Fiduciaries: Challenges and Solutions

Corporate Law : Explore the complexities faced by insurers and TPAs as data fiduciaries, navigating regulatory landscapes. Learn strategies and im...

May 13, 2024 813 Views 0 comment Print

Travel Insurance Claims: Handling Flight Delays and Cancellations

Finance : Are you tired of the daily grind and craving a break from the routine? Many of us look forward to that one special trip each year,...

April 26, 2024 771 Views 0 comment Print


Latest News


IRDAI Master Circular on Submission of Returns

Corporate Law : Explore IRDAIs consolidated Master Circular on Submission of Returns effective April 2024. Simplify compliance with 202 regulatory...

June 14, 2024 765 Views 0 comment Print

IRDAI’s Regulatory Revamp: A Paradigm Shift in Insurance Sector 

Corporate Law : Discover how IRDAI's recent regulatory overhaul aims to foster innovation, competition, and sustainable growth while protecting po...

March 24, 2024 768 Views 0 comment Print

Draft IRDAI (Protection of Policyholders’ Interests & Allied Matters of Insurers) regulations 2024

Corporate Law : Learn about the draft IRDAI (Protection of Policyholders' Interests & Allied Matters of Insurers) regulations 2024, including prov...

February 15, 2024 1323 Views 0 comment Print

Draft IRDAI (Rural, Social Sector & Motor Third Party Obligations) Regulations, 2024

Corporate Law : Explore the key provisions & implications of IRDAIs proposed regulations on rural, social sector & motor third party obligations. ...

February 8, 2024 849 Views 0 comment Print

Draft IRDAI Regulations 2024: Registration, Capital, Shares Transfer & Amalgamation

Corporate Law : Explore the proposed IRDAI Regulations 2024, consolidating key insurance rules. Learn about changes, clarity on capital structure,...

February 5, 2024 648 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 813 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 552 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 693 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 3465 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 1245 Views 0 comment Print


Latest Notifications


IRDAI Updates KYC Rules for Insurers as per PMLA guidelines

Corporate Law : IRDAI circular on 12th August 2024 updates KYC requirements for insurers, reflecting amendments in the Prevention of Money-Launder...

August 12, 2024 114 Views 0 comment Print

IRDAI Directs Life Insurers to Submit Data to IIBI by 30th September 2024

Corporate Law : IRDAI mandates life insurers to submit data for specified categories to IIBI by 30 Sep 2024. Annual submissions to continue from F...

August 8, 2024 186 Views 0 comment Print

IRDAI’s New Guidelines for Wayanad Landslide Insurance Claims

Corporate Law : IRDAI directs insurers to expedite claims for Wayanad landslides, with specific guidelines for response, claim processing, and com...

August 2, 2024 198 Views 0 comment Print

IRDAI imposes penalty on Care Health Insurance for ESOP Violation

Corporate Law : Explore IRDAI's order against Care Health Insurance Ltd. for ESOP violations. Detailed analysis of legal implications, penalties i...

July 23, 2024 186 Views 0 comment Print

IRDAI Fines Bandhan Life Insurance ₹1 Crore for AML & Policyholder Protection Breaches

Corporate Law : Explore IRDAI's final order on Aegon Life Insurance (now Bandhan Life) regarding violations of AML and policyholder protection reg...

July 15, 2024 306 Views 0 comment Print


Health Insurance Porting vs. Buying: Which Is Better for You? 

December 20, 2023 705 Views 0 comment Print

In a world filled with health uncertainties, having a health insurance policy is not just a wise choice; it’s a necessity. The ongoing pandemic has heightened the awareness and penetration of health insurance in India.

Insurance claims relating to Cyclone Michaung and subsequent heavy rains/floods

December 18, 2023 315 Views 0 comment Print

IRDAI’s Circular on Cyclone Michaung claims, granting special dispensation to General Insurers. Increased limits for surveyors and assessors.

Draft IRDAI Regulations 2024: Foreign Reinsurers Branches & Lloyd’s India

December 13, 2023 579 Views 0 comment Print

EXPOSURE DRAFT IRDAI (Registration and Operations of Foreign Reinsurers Branches & Lloyd’s India) Regulations, 2024 1. To meet the objective of the Authority to promote ease of doing business, the Regulation Review Committee (RRC) was formed with an intent of streamlining various regulations issued by the Authority. 2. The RRC has recommended unification of regulations, […]

Impact of DPDP Act, 2023 on Insurance: IRDAI Forms Task Force

November 24, 2023 918 Views 0 comment Print

Explore the formation of a task force by IRDAI to analyze the implications of the Digital Personal Data Protection Act, 2023 on the insurance sector. Learn about key members and the expected impact

How to Get the Best Bike Insurance Rates This Year

November 17, 2023 489 Views 0 comment Print

Riding a bike offers freedom, adventure, and the joy of exploration. However, safeguarding your biking experiences demands the right insurance coverage, particularly in the face of unforeseen accidents and setbacks.

Draft IRDAI (Expenses of Management, Including Commission, of Insurers) Regulations, 2023

November 14, 2023 897 Views 0 comment Print

IRDAI’s Exposure Draft on Expenses of Management Regulations 2023, aiming to enhance insurers’ efficiency and optimize resources for policyholder benefits.

IRDAI penalised broker for Submission of Forged CA Certificate

November 10, 2023 585 Views 0 comment Print

Explore the IRDAI order on Centcart Insurance Broking Services. Understand the violations, responses, and penalties imposed by the Insurance Regulatory Authority

Insurance Ombudsman (Amendment) Rules, 2023

November 9, 2023 1884 Views 0 comment Print

Explore the latest amendments to the Insurance Ombudsman Rules, 2017 by the Ministry of Finance. Changes in financial services institutions, resignation protocols, awards, and more.

Section 80D – All you need to know about deductions for medical & health insurance

November 8, 2023 4383 Views 1 comment Print

Health insurance is a key asset to invest in, to safeguard oneself from unexpected and hefty medical bills. However, if we look at the average household in India, a very small percentage of people have medical insurance policies.

Guidelines for Insurance Sector’s Participation in Account Aggregator Framework

November 3, 2023 495 Views 0 comment Print

Get insights into IRDAI’s latest circular on insurance sector’s participation in Account Aggregator framework. Understand guidelines, regulations, and compliance details

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