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...
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.
The Ministry of Finance has released draft rules to amend the Indian Insurance Companies (Foreign Investment) Rules, 2015, proposing key changes to foreign investment limits and regulatory procedures.
Understand when your insurance policy’s risk coverage begins. Learn how premium payment, policy issuance, and specific contract terms determine the effective date.
The IRDAI has directed all insurers to conduct a second Quantitative Impact Study (QIS 2) to refine the Risk-Based Capital framework. Results are due by October 15, 2025.
IRDAI has issued a warning to Acko General Insurance for violating premium collection rules. The insurer failed to strictly comply with Section 64VB(1) of the Insurance Act, 1938.
A guide for young professionals in India on selecting health insurance. Learn about key benefits like lower premiums comprehensive coverage, cashless networks and tax savings.
Learn how late claims affect insurance payouts. The consequences of delayed notification depend on whether the policy clause is a condition or a condition precedent.
Learn about void insurance policies, the difference between void and cancelled coverage, and the legal and contractual conditions that determine whether a premium can be refunded.
Learn about top-up and super top-up health insurance plans, how they work, and the key differences between them to effectively increase your health coverage.
