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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 819 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 960 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 738 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 723 Views 0 comment Print

Landscape of General Insurance in India: Categories & Regulatory Structure

Corporate Law : Explore the landscape of general insurance in India, covering categories, regulatory structures, historical developments, legal fr...

March 18, 2024 384 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 669 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 747 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 1287 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 807 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 597 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 777 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 525 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 678 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 3369 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 1230 Views 0 comment Print


Latest Notifications


IRDAI Penalizes Prowess Insurance Brokers for regulatory violations

Corporate Law : IRDAI issues a penalty of Rs. 37 lakhs to Prowess Insurance Brokers for regulatory violations. Read the full order details and imp...

July 17, 2024 57 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 17, 2024 69 Views 0 comment Print

ITC Entitlement for Insurance Companies on Motor Vehicle Repair Expenses under Reimbursement Claims

Goods and Services Tax : Clarification on ITC entitlement for insurance companies on motor vehicle repairs under reimbursement claim settlement as per CGST...

June 26, 2024 447 Views 0 comment Print

IRDAI Master Circular on Operations and Allied Matters of Insurers

Corporate Law : IRDAI introduces new insurance reforms focusing on policyholder empowerment, grievance redressal, and transparency in operations. ...

June 19, 2024 525 Views 0 comment Print

IRDAI Master Circular on Life Insurance Products

Corporate Law : Read about the latest reforms in the Indian life insurance sector by IRDAI, aimed at simplification, transparency, and informed de...

June 12, 2024 783 Views 0 comment Print


IRDAI and Companies Act 2013: Insurance Companies’ Final Accounts

October 8, 2023 2541 Views 0 comment Print

Explore financial statements and accounting standards for insurance companies as per IRDAI regulations and Companies Act 2013. Learn about application of Indian Accounting Standards

IRDAI Forms Committee on Cyber Security

September 14, 2023 1017 Views 0 comment Print

IRDAI has established a standing committee to enhance cyber security in insurance industry, as per their Information and Cyber Security Guidelines.

Taxability of ‘Keyman Insurance Policy’

September 9, 2023 24036 Views 0 comment Print

Learn about taxability of ‘Keyman Insurance Policies’ in light of 2013 Finance Act amendment. Understand how law has evolved and what it means for your business.

Why you must buy a super top-up plan for health insurance?

September 1, 2023 900 Views 0 comment Print

Health insurance is a fundamental monetary wellbeing net that offers individuals and families the help they need in the midst of health-related crises. By covering a significant amount of medical expenses, it contributes to the reduction of the financial burden that may be brought on by unanticipated illnesses or accidents.

IRDAI Circular: Modifications for Withdrawn Life Insurance Products

August 31, 2023 705 Views 0 comment Print

Read about IRDAI’s circular on modifications allowed for withdrawn life insurance products, ensuring additional options for policyholders while maintaining benefits.

IRDAI’s Guidelines on Flood Claims Handling in Himachal Pradesh 2023

August 24, 2023 645 Views 0 comment Print

Latest IRDAI circular on flood claims processing in Himachal Pradesh 2023. Insights on directives for quick response, digital processes, and regular updates to IRDAI.

IRDAI Insurance Advisory Committee Reconstitution: Members and Impact

August 22, 2023 2100 Views 0 comment Print

IRDAI hereby makes the following notification reconstituting the Insurance Advisory Committee which will be effective from 10th August, 2021

IRDAI (Re-insurance) (Amendment) Regulations, 2023

August 22, 2023 2535 Views 0 comment Print

Read about 2023 amendments to IRDAI Re-insurance regulations in India. Learn how these changes aim to enhance domestic capacity, encourage re-insurers, and improve ease of business.

Debunking Common Myths About Car Accidents and Insurance

August 17, 2023 522 Views 0 comment Print

After a car accident, you need to notify your auto insurance company as soon as possible. For many people, this is when they realize some of the things they believed about car accidents and insurance claims are myths.

New Income Tax Rules on Taxation of Life Insurance Policy Receipts

August 16, 2023 11931 Views 1 comment Print

Details of Sixteenth Amendment to Income Tax Rules (2023) on computation of income chargeable under life insurance policies as per Notification No. 61/2023.

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