June 26 2017
As losses were high in the motor insurance segment, the maximum available accident claim has been fixed at ₹10 lakh in the financial year of 2018. Read more about it here.
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June 25 2017
The Haryana state government is making a lot of effort to improve access to health care in the state & provide free health insurance to the poor. Read more about it here.
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June 06 2017
To integrate AYUSH into the public health system, the government is drafting a national policy that puts it under the universal health insurance scheme. Know more about AYUSH here!
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May 23 2017
Huge economic losses in natural disasters and poor penetration of fire and allied policies have prompted IRDAI to review the coverage of such policies.
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May 22 2017
Under GST, the tax rate for insurance is likely to increase, which will result in an increased premium outgo for the insured Indian middle class.
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May 18 2017
Liability clause, which is likely to cut down insurance losses have been removed in the new Motor Vehicles Act passed by Lok Sabha.
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May 16 2017
Losses arising from cyber-attacks such as the WannaCry ransomware will not be covered if you use pirated and outdated software. Know more about it here!
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May 15 2017
The CMCHIS provides health coverage to over a million families who can’t afford expensive treatment in private hospitals. Read more about the health insurance scheme here.
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May 11 2017
The IRDAI has asked insurers to submit revised rates to the Insurance Information Bureau (IIB), which will not be lower than the base rates of IIB. Read more about the hike in property insurance here.
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May 10 2017
As per the IRDAI, the insurance industry registered 17% growth on premiums that outpaced the growth of the Indian economy. Read more about it here.
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