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IRDAI Slaps Rs 24 lakh Penalty on Policybazaar: Here is Why
Policy aggregator Policybazaar has been fined Rs 24 lakh by the Insurance Regulatory and Development Authority of India (IRDAI) for breaching advertising norms in relation to SMSs sent to customers last year regarding increases in term insurance policy premiums. The Insurance ...
Irdai Slaps Rs 24 Lakh Penalty On Policybazaar Here Is Why

How To Select The Right Saral Jeevan Bima Term Insurance Plan?
The Insurance Regulatory and Development Authority of India (Irdai) in order that individuals choose the right term insurance plan and that too without much hassle directed all life insurance companies to come up with Saral Jeevan Bima plan from January 1, ...
How To Select The Right Saral Jeevan Bima Term Insurance Plan
IRDAI Asks Insurers To Issue Policies Digitally
IRDAI (Insurance Regulatory and Development Authority of India) has asked insurers to issue digital policies to their policyholders and also tell them how to use these documents. The regulator said that the step will not only bring down the cost but ...
Irdai Asks Insurers To Issue Policies Digitally
IRDAI Warns Public Of Fraud By Digital National Motor Insurance
Insurance sector regulator IRDAI (Insurance Regulatory Development Authority of India) has cautioned the general public against falling prey to fraud and cheating by Digital National Motor Insurance in selling policies without a license. It has been brought to the notice of ...
IRDAI Proposes Standard Personal Accident Policies From 1 April
On Wednesday, the Insurance Regulatory and Development Authority of India (IRDAI) proposed a standard personal accident product with common coverage and policy wordings across the industry, a move aimed at increasing penetration of the product. "Every general and standalone health insurer, ...
Irdai Proposes Standard Personal Accident Policies From 1 April
Changes In Insurance Advertisement Regulations Proposed By IRDAI
Insurance regulator IRDAI, in a bid to protect consumers, has proposed to prohibit insurers from issuing advertisements that make claims which are beyond reasonable expectations of performance. The unfair and misleading advertisements will include those which fail to clearly identify the ...
IRDAI Allows Life Insurance Space To Issue Policies Digitally
Given the current pandemic situation when usual business activity has come to a toss, the insurance regulator on August 4 allowed insurance companies to offer life insurance policies electronically. Until now physical bonds signifying the title to the policy have been ...
Irdai Allows Life Insurance Space To Issue Policies Digitally
Cashless Treatment For Covid 19 Refused: Here's Recourse For You
For treatment of the deadly novel coronavirus infection, the insurance regulator IRDAI has asked insurance companies to have a communication channel with their network providers or hospitals such that customers grievance is addressed promptly. And in a case when in ...
Cashless Treatment For Covid 19 Refused Here S Recourse For You
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