Finance : Section 10(10D) provides exemption only when premium limits are within prescribed thresholds. If premiums exceed these limits, mat...
Finance : The article highlights the need for integrated travel and health insurance to manage both medical emergencies and trip disruptions...
Income Tax : Even where premium limits are exceeded, death benefits continue to be fully exempt. This ensures protection for beneficiaries. The...
Finance : Cyber insurance helps cover financial losses from cyberattacks like hacking and data breaches. It is becoming essential as digital...
Finance : The restoration feature ensures that insurance coverage can be reinstated after a major claim, helping maintain protection for oth...
Corporate Law : IRDAI formed a sub-committee to review private health insurance and improve policyholder experience. The initiative focuses on exp...
Corporate Law : The issue concerns identification of systemically important insurers. The regulator retained the same entities, emphasizing their ...
Corporate Law : IRDAI directs insurers to follow anti-dark pattern guidelines and submit compliance reports. The move strengthens consumer protect...
Corporate Law : The Government clarified that claim rejections are based on policy conditions like exclusions and OPD classification. IRDAI mandat...
Corporate Law : IRDAI is moving towards adopting Ind AS to standardize financial reporting across insurers. The framework aims to improve transpar...
Corporate Law : Supreme Court held that insurers impleaded as parties can raise all grounds, including quantum challenges. It remitted the case fo...
Income Tax : The SC upheld that reinsurance premiums paid to foreign entities are not taxable in India. It confirmed that absence of income acc...
Income Tax : The High Court held that reinsurance premiums paid to non-residents are not taxable in India and no TDS is required. It upheld Tri...
Corporate Law : SC affirmed a fire insurance claim after insurer attempted repudiation based on an arbitrary surveyor's report. Ruling held that o...
Corporate Law : Supreme Court rules pre-2015 life insurance policies were freely transferable, affirming High Court's decision against LIC's refus...
Corporate Law : IRDAI delegates Section 34 powers between Whole Time Members and Chairperson. The move aims to streamline enforcement actions and ...
Corporate Law : The notification addressed mandatory reinsurance cession for general insurance policies. It mandates 4% cession to GIC Re, ensurin...
Corporate Law : The issue was the need to address increasing cyber risks in the insurance sector. IRDAI introduced updated guidelines with enhance...
Corporate Law : The circular shifts SLAs from a renewal-based licensing system to a registration regime with annual fees. This ensures continuity ...
Corporate Law : IRDAI constituted a Joint Expert Group to tackle transition and implementation issues under Ind AS. The group will guide insurers ...
IRDAI issues guidelines to insurers for fast-tracking claims following the Air India Flight 171 crash in Ahmedabad. Waiving formalities, quick settlements for victims.
Health is unpredictable. Today, you are perfectly fine, and the next day, an unexpected illness can turn your life upside down. In life-threatening situations, every second counts, and financial worries should be the last thing on your mind.
Understand common eligibility criteria for buying health insurance in India, including age limits, pre-existing conditions, medical tests, and common policy exclusions.
IRDAI imposes a Rs 1 Crore penalty on Acko General Insurance for violating outsourcing and commission regulations with Ola Financial Services.
IRDAI circular on corporate agency rules for amalgamated RRBs. Covers COR surrender, agreement harmonisation, SP transfer, and commission eligibility post-merger.
A term insurance plan secures your family’s future during unforeseen events. Explore the best term insurance plans in India and their key benefits here!
IRDAI warns Heritage Health Insurance TPA for closing claims and issuing repudiations directly, violating regulations. Action report due in 90 days.
IRDAI warns Heritage Health TPA for non-compliance in claims handling. Advisory issued to follow regulations in health insurance claim settlements.
IRDAI fines Flipkart ₹1.06 crore for insurance regulation breaches, including ISNP misuse and operating without valid registration.
Learn how group travel insurance protects against trip cancellations, medical emergencies, and lost luggage. Find out why it’s essential for group trips.
