Searched for
IRDAI CIRCULAR
Insurance CEOs’ pay now linked to claims and customer grievances: What it means for policyholdersInsurance CEOs’ remuneration will now partly depend on how well they treat policyholders, from settling claims to resolving complaints. A t...- Irdai asks insurers to tie senior exec performance to customer serviceIndia's insurance regulator, Irdai, is changing how insurance company executives are evaluated. Performance and pay will now be linked to c...
- Claim settlement and grievance redressal related performance will determine the incentives of top executives of insurance companies: IRDAIn a significant policyholder-centric move, IRDAI has linked insurance executive pay to customer-centric metrics like claim settlement and ...
- NPS annuity exit rules relaxed: Policy surrender allowed in cases of critical illness, old policies with surrender clauseThe Pension Fund Regulatory and Development Authority has revised rules for National Pension System annuity surrenders. Subscribers facing ...
- Missed insurance claim submission deadline? Don't worry, you are still eligible for reimbursement. Here's whyA Bombay High Court ruling favored policyholders, stating insurers cannot reject claims solely for delayed document submission beyond the 9...
- Pick your own health cover: How custom plans work and their hidden downsidesA health plan consists of a base plan and riders or add-ons. Earlier, the base plan comprised fixed features that could not be changed, and...
- Revised NPS Swasthya Pension Scheme rules: Onboarding fee, coverage, claim process, premature exit and moreNew guidelines for NPS Swasthya Pension Scheme PoC 2 are now in effect. Health insurance benefits are mandatory for subscribers. The scheme...
- NPS gets wider reach: Pension body allows CAs, fintech firms, Gramin Dak Sevaks, Pension Sakhis and others to act as pension agentsThe Pension Fund Regulatory and Development Authority has expanded the National Pension System distribution network. Ten new categories, in...
- 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...
- General insurance companies can't reject claims for want of documents: IrdaiIrdai stated that general insurance companies cannot reject claims for lack of documents, introducing reforms in the business with a new ma...
- Irdai draft guidelines to safeguard insurance policyholder interests: 5 major changes proposedIn order to decrease stakeholder compliance requirements, facilitate company operations, and protect policyholder interests, the Insurance ...
- IRDAI allows for modification of withdrawn life insurance products to benefit policyholders; 4 key provisionsThe primary goal of this circular is to give existing policyholders more flexibility while protecting their interests. IRDAI has approved c...
- Irdai forms task force to facilitate ease of doing KYC using Aadhaar for policyholders: What will be coveredThe Insurance Regulatory and Development Authority of India (Irdai) has announced the formation of a task force to enable the use of Aadhaa...
- IRDAI circular on enforcing WMD Act sectionInsurers must comply with the procedure, which includes verifying whether individuals and entities on the designated list hold funds, finan...
- NPS pension rules eased and digital life-certificate allowedNPS rule change: Starting today, IRDAI has eased rules for the pensioners. Here's all you need to know.
- You can continue to buy life insurance policy without signature, as IRDAI extends timelineThe Insurance Regulatory and Development Authority of India (IRDAI) has extended until September 30, 2022 the ease of not requiring physica...
- IRDAI issues new norms to curb life insurance misselling, makes illustrations mandatoryThe IRDAI has asked insurers to start providing benefit illustrations to policy holders
- Irdai to develop 'sandbox' approach for fintech-related productsLoosely defined, a sandbox approach means experimenting and learning before finally adopting a technology or system.
- Insurers to file compliance to investment norms form March"As the Regulations mandate certain systems and process to be put in place, the IRDAI (Investment) Regulations, 2016 shall be effective fro...
- IRDAI warns Star Health Insurance for misleading advertisementIRDAI has warned Star Health Insurance Co for publishing a misleading advertisement and asked it to comply with regulatory provisions.
Load More
