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BIMA ASBA
When insurance reforms met reality: Hospitals, insurers and patients2025 marked a watershed year for Indian insurance, with the Sabka Bima Sabki Raksha Bill significantly boosting FDI to 100% and empowering ...- Bima-ASBA facility will eliminate unauthorised deductions, say insurance sector playersIrdai's implementation of Bima-ASBA for insurance premium payments will enhance transparency and security by blocking the premium amount un...
- Irdai asks insurers to provide ASBA facility for premium paymentsInsurance regulator Irdai mandates life and health insurers to implement the Bima-ASBA facility, enabling policyholders to block premium am...
- IRDAI launches Bima-ASBA via UPI to make insurance premium payment easier when you buy a policyThe new payment mechanism, aims to streamline the payment process for life and health insurance policies, will be effective from March 1, 2...
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