Irda: Latest News and Updates, Top Stories, Videos, Photos About Irda

Now Cashless Approvals For COVID Claims Within 60 Minutes

The Insurance Regulatory and Development Authority of India (IRDAI) advised insurers on Thursday to make decisions on cashless COVID-19 care claims within 60 minutes of receiving the final bill so that the hospital bed can be easily made available to another ...

IRDAI Allows Insurance Companies To Invest In Debt Instruments of InvITS and REITS

The Insurance Regulatory and Development Authority (IRDA) has permitted insurance companies to invest in debt securities issued by any pooled investment vehicle, including infrastructure and real estate investment trusts, in order to increase funds available for infrastructure investment. The Insurance Regulatory ...

Covid-19 Second Wave: Types of Standard Insurance Policies Launched During Pandemic

With the second wave engulfing the country, let us take a look at the insurance options available to keep oneself and one's family financially safe during this pandemic. The Insurance Regulatory and Development Authority of India (Irdai) had asked insurers to ...

What is IRDA's Saral Pension Plan?

Here is a great opportunity for those who want to make an early investment in their retirement funds. There are currently many individual immediate annuity plans sold by life insurers in the Indian life insurance industry, with each policy having its ...

Motor Insurance To Get Expensive As Third-Party Death Compensation Increased

The amendment to the Motor Vehicles Act has increased the compensation for accidental insurance to ten-fold i.e. to Rs. 5 lakh. With this change that is effective from May 22 the impact will befall on the general insurance industry. The industry ...

IRDA Enhances Customer Protection By Notifying New Rules

As part of its efforts to enhance consumer protection and ensure interests of insured are well looked after, Insurance regulator, IRDA or Insurance Regulatory and Development Authority, has through its notification informed about new rules. The new rules mostly ...

What Is Persistency Ratio in Insurance?

Persistency with respect to the insurance industry is a measure of the total business that the insurance company is able to retain in a financial year without policies being lapsed or premium amount being lost to other insurers. The measure is ...

How To Make A Complaint On Your Insurance Provider?

If you are not satisfied with your insurance provider be it regarding false information or issues regarding claims one can raise a complaint on the same. Many individuals instead of raising a complaint they just change their policies even if they ...

How To Port Or Transfer Health Insurance Policy In India?

Like mobile portability, we also have health insurance portability in India. What this means is that if you are unhappy with a particular health insurance company, you can now move to an altogether new insurance company. Say for example, if ...

How To Open e-Insurance Account (eIA)?

Holding many insurance policies and placing them safely was a tedious job. Now you can open electronic account and hold your policies under one online account. This step was initiated by our previous finance minister P. Chidambaram who launched IRDA's insurance ...

IRDA launches insurance products' sale through CSCs

Insurance Regulatory and Development Authority (IRDA) Chairman T S Vijayan today launched Insurance products sale and services through common service centres (CSCs) here. CSCs, being set up under National e-Governance Plan (NeGP), are envisioned to facilitate a platform that will ...

5 reasons to immediately convert your insurance certificates in electronic form at zero cost

The Insurance Regulatory & Development Authority (IRDA) has been at the heart of taking several decisions in the interest of consumers. One such decision is to facilitate insurance holders to hold their certificates in the electronic form or demat form. The ...

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