New Delhi: The Insurance Regulatory and Development Authority of India (Irdai) had issued MISP guidelines in 2017 with the intention of streamlining the process and bringing the practices of vehicle insurance, being sold by automotive dealers under the provisions of the Insurance Act, 1938. Buyer of a new vehicle may...
Life insurers can get digital consent till March 31: IRDAI
New Delhi: The Insurance Regulatory and Development Authority of India (IRDAI) said life insurers can dispense with getting the wet signature of a prospective policyholder on the proposal form till March 31, 2021. According to IRDAI, life insurers should send the completed proposal form, benefit illustration and suitability assessment to...
Treatment of corona also included in the Arogya Sanjeevani Insurance Policy
New Delhi: Corona cases are increasing in the country due to which people are scared. Meanwhile, there is a relief news. The Insurance Regulatory IRDAI said that Arogya Sanjivani included hospitalization and treatment due to corona. Arogya Sanjeevani is a standard health plan prepared by IRDA. All 29 general and...
Irdai to insurance cos: design policy to cover coronavirus treatment
New Delhi: Insurance Regulatory and Development Authority of India (IRDA) has asked insurance companies to bring policies that also cover the cost of treatment of corona virus. Thousands of people have been infected with the corona virus worldwide. Under providing need based health insurance cover, insurance companies are providing products...