Finance : Individual and family floater health insurance plans provide different types of coverage and claim structures. The right choice de...
Corporate Law : The Supreme Court observed that conflicting judicial decisions on identical issues create legal uncertainty and erode public confi...
Finance : This guide explains why senior travellers should review travel insurance coverage, organise medical records, and plan ahead before...
Finance : Electric two-wheelers are becoming a more visible part of everyday mobility in India. As the EV market grows, riders are also begi...
Finance : Section 10(10D) provides exemption only when premium limits are within prescribed thresholds. If premiums exceed these limits, mat...
Corporate Law : IRDAI approved implementation of Ind AS for all insurers from 1 April 2026 with transitional arrangements and limited forbearance....
Corporate Law : The proposed PEPF framework seeks to improve insurance penetration through financial literacy, digital services, and awareness pro...
Corporate Law : IRDAI has proposed comprehensive amendments to insurance intermediary regulations to implement the SBSR Act, 2025. The proposals s...
Corporate Law : IRDAI's draft 2026 amendments overhaul actuarial governance, reporting, investment norms, and insurer compliance to align with the...
Corporate Law : IRDAI has released draft amendments simplifying the registration framework for foreign reinsurers and Lloyd's India while introduc...
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 has extended transitional arrangements for annual fee payment and registration certificates until 31 August 2026 or notifica...
Corporate Law : IRDAI has constituted a Working Group to develop governance, oversight, and security frameworks for AI adoption in the insurance s...
Corporate Law : IRDAI has amended its earlier notification to prescribe a 4% obligatory cession and require the entire cession to be placed with G...
Corporate Law : IRDAI has cautioned that the entity's Certificate of Registration as an Insurance Marketing Firm has expired and remains unrenewed...
Corporate Law : The regulator held that agreements lacking clear fee provisions undermined contractual clarity and regulatory compliance. A penalt...
A comprehensive vehicle insurance claim for theft cannot be repudiated or settled on a non-standard basis due to alleged taxi use, as established by Supreme Court precedent on breach of policy conditions.
IRDAI’s Bima Vahak initiative aims to expand insurance reach in rural areas. It introduces a women-centric distribution channel for Bima Vistar, an affordable bundled policy.
Understand Own Damage Motor Insurance, its coverage for natural and man-made disasters, and the step-by-step claim process. Learn about essential documents and key considerations.
Supreme Court rules pre-2015 life insurance policies were freely transferable, affirming High Court’s decision against LIC’s refusal to register assignments.
India’s PMLA, 2002, mandates a robust Anti-Money Laundering (AML) framework for insurance companies, involving KYC, risk assessment, suspicious transaction reporting, and employee training to combat financial crime.
J&K High Court rules motor insurance typically excludes gratuitous passengers, shifting compensation liability to the vehicle owner, with courts sometimes ordering insurers to pay and recover.
The NCDRC ruled that an insurance policy’s grace period starts from the electronic clearing system (ECS) dishonour date, not the premium due date, holding LIC liable for a death claim.
Learn how critical illness riders in insurance offer extra coverage, types of riders available, and key terms like waiting period, exclusions, and payouts.
IRDAI releases a draft proposing an Internal Insurance Ombudsman for insurers. This aims to enhance grievance redressal for claims up to Rs. 50 lakh and improve policyholder trust.
IRDAI clarifies that foreign reinsurer branches and Lloyd’s India must maintain all collected records, including electronic, within India as per new regulations.
