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...
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...
Corporate Law : IRDAI approved in-principle drafting and publication of new and amended regulations following the Sabka Bima, Sabki Raksha (Amendm...
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 : 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 : The Authority found that core survey functions were carried out by unlicensed personnel. It held that such outsourcing violated re...
Corporate Law : The regulator cancelled a surveyor’s licence after finding false records, mismatched filings, and inaccurate disclosures. The ru...
Corporate Law : The case involved submission of a forged diploma for obtaining and renewing a licence. The Authority held that continued reliance ...
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...
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.
IRDAI mandates strict adherence to cyber security guidelines, including incident reporting, forensic audits, and compliance measures for regulated entities.
Life insurance is among the most valuable money assets you own. It will cover your loved ones with financial protection if something happens to you. But numerous people end up messing up when they buy life insurance, and it might result in insufficient coverage, wastefulness, or disappointment.
IRDAI reconstitutes its Insurance Advisory Committee, appointing five new members. The notification takes effect from its publication in the official gazette.
Term insurance is one of the most cost-effective ways to ensure financial protection for your loved ones. With a variety of options available in the market, choosing the right plan can be overwhelming. The best term insurance plans offer high coverage at affordable premium rates, ensuring that your family remains financially secure in case of any unfortunate event.
Health insurance is an essential financial safeguard that covers medical expenses during emergencies and planned treatments. However, policyholders must be aware of the various conditions attached to their health insurance plan, including room rent limits.
