Finance : Modern term insurance offers young professionals lower premiums, flexible options, and wider eligibility, enabling early financial...
Finance : Bajaj Life Insurance (formerly Bajaj Allianz Life) offers reliable protection with a 99.29% CSR and strong financials, focusing on...
Finance : In a world of rising medical bills and unpredictable events, many people ask—Should I get life insurance or health insurance? Th...
Corporate Law : Understand when your insurance policy's risk coverage begins. Learn how premium payment, policy issuance, and specific contract te...
Finance : A guide for young professionals in India on selecting health insurance. Learn about key benefits like lower premiums comprehensive...
Corporate Law : IRDAI releases a draft proposing an Internal Insurance Ombudsman for insurers. This aims to enhance grievance redressal for claims...
Corporate Law : IRDAI issues guidelines to insurers for fast-tracking claims following the Air India Flight 171 crash in Ahmedabad. Waiving formal...
Corporate Law : IRDAI permits insurers to use equity derivatives for hedging, aiming to reduce portfolio risks amid market volatility. Strict comp...
Corporate Law : LIC adjusts entry age, minimum sum assured, and agent commissions. Government provides insights on these changes, addressing conce...
Corporate Law : Govt. responds to concerns over high health insurance premiums, citing actuarial principles and IRDAI regulations to ensure fair p...
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 : In present facts of the case, the National Commission observed that where the Final Surveyor’s Report credibility becomes doubtf...
Corporate Law : In present facts of the case, the National Commission allowed the Revision Petition filed by the Complainant by making observation...
Corporate Law : In present facts of the case, the Revision Petition have been filed by the Petitioner – LIC against Respondents under section 21...
Corporate Law : IRDAI cautioned Universal Sompo for claim closures, refund delays, and late settlements. The insurer was warned to improve complia...
Corporate Law : The IRDAI imposed a ₹1 crore penalty on Liberty General Insurance for serious violations of outsourcing and commission regulatio...
Corporate Law : IRDAI issued a warning to Reliance Nippon Life for violating Section 45(1) by cancelling policies after the three-year limit. The ...
Corporate Law : IRDAI stops surveyors from adding Lines of Business (LOB) based on 2001 categorization, citing obsolete knowledge. New additions m...
Corporate Law : IRDAI's new guidelines establish a comprehensive framework for all insurers and distribution channels to deter, prevent, detect, a...
IRDAI cautioned Universal Sompo for claim closures, refund delays, and late settlements. The insurer was warned to improve compliance and reporting.
SC affirmed a fire insurance claim after insurer attempted repudiation based on an arbitrary surveyor’s report. Ruling held that once a genuine loss is proven, the exact cause of fire is irrelevant, and surveyors cannot ignore documented evidence of stock loss. The key takeaway is that insurance policy terms like FFF (Furniture, Fixtures, and Fittings) must be interpreted broadly in favor of insured.
The IRDAI imposed a ₹1 crore penalty on Liberty General Insurance for serious violations of outsourcing and commission regulations, including excessive payments to related parties of intermediaries. The insurer also received cautions for policyholder complaint misclassification and procedural lapses.
IRDAI issued a warning to Reliance Nippon Life for violating Section 45(1) by cancelling policies after the three-year limit. The insurer must pay interest on refunds and conduct an audit.
Modern term insurance offers young professionals lower premiums, flexible options, and wider eligibility, enabling early financial protection and long-term security.
IRDAI stops surveyors from adding Lines of Business (LOB) based on 2001 categorization, citing obsolete knowledge. New additions must adhere to updated 2015 regulations.
IRDAI’s new guidelines establish a comprehensive framework for all insurers and distribution channels to deter, prevent, detect, and report insurance fraud, effective April 1, 2026.
Bajaj Life Insurance (formerly Bajaj Allianz Life) offers reliable protection with a 99.29% CSR and strong financials, focusing on simple products and digital service.
IRDAI has issued a warning to Shriram Life Insurance for violations related to policyholder protection, free-look cancellations, and corporate governance norms.
In a world of rising medical bills and unpredictable events, many people ask—Should I get life insurance or health insurance? The truth is, both are essential for a well-rounded financial plan.
