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IRDAI FINE POLICYBAZAAR
Less than 24 hours in Hospital? Know about health insurance coverage for day care treatments, surgeries, and emergency proceduresMany policyholders believe health insurance claims require a 24-hour hospital stay. However, modern policies cover numerous treatments comp...- 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...
- Over 50% of vehicles lack third-party insurance; is yours among them? Know legal consequences, cost of coverage, and savingsDriving without third-party motor insurance in India carries severe penalties. This mandatory cover protects accident victims financially. ...
- China out of Paytm; White-collar walls crumbleChina's Antfin is ending its decade-long association with Paytm, selling its remaining stake in the Indian digital payments platform. This ...
- Irdai imposes Rs 5 crore fine on Policybazaar Insurance BrokersIrdai has levied a Rs 5 crore penalty on Policybazaar Insurance Brokers, formerly Policybazaar Web Aggregator, due to identified violations...
- IRDAI penalizes Policybazaar Rs 5 crore for various violations including biased and misleading product promotionsIRDAI has fined Policybazaar Rs 5 crore for various regulatory breaches. As per the IRDAI order, Policybazaar promoted specific insurance p...
- IRDA fined Flipkart Rs 1.06 crore for this insurance related violation; here’s how it impacts policy buyersIRDAI has penalized Flipkart Rs 1.06 crore for violating e-commerce norms related to online insurance distribution. Flipkart was found redi...
- SBI Life Insurance fined Rs 1 crore for regulatory violations; Irdai asks insurer to adhere to rules to settle death claimsSBI Life Insurance has been fined Rs 1 crore by the Insurance Regulatory and Development Authority of India (Irdai) for violating regulatio...
- Is your medical claim stuck? Find out why you face problems in health insurance claim settlement and how to avoid themWhile health insurers can sometimes be blamed putting customers through unending hardship in clearing claims, many a times it’s the policyh...
- Digit to go public on May 15, looking to raise Rs 1,125 croreDigit's upcoming IPO on May 15 aims to raise Rs 1,125 crore, delayed by Sebi compliance issues. Valued at $4 billion, Digit faced fines fro...
- You need to have a valid PUC certificate to renew your motor insurance: IRDAIThe emission levels are fixed for motor vehicles in India. Once the vehicle undergoes the PUC test successfully, a certificate is provided ...
- E-commerce draft policy & recommended changesAs the deadline to submit feedback on India's draft e-commerce rules comes to an end, we bring you all the suggestions given by industry gr...
- Policybazaar IPO imminentFrom Policybazaar's upcoming IPO to Byju's big acquisition and Netflix's gaming foray, here's a quick look at the top tech news today.
- Policybazaar fined Rs 24 lakh for flouting IRDAI’s SMS ad rulesThe Policybazaar SMS ad, circulated in March 2020, was deemed by IRDAI as “having potential to cause avoidable panic among customers”.
- A premium for good road behaviour? Motor insurance buyers will soon be assessed for traffic violationDelhi NCT will be the testing ground for the ‘Traffic Violation Premium’ once the draft guidelines are finalized. It would harness thousand...
- How senior citizens aged over 65 years can get optimal health insurance at reasonable costThe new plan, Arogya Sanjeevani Policy, will not serve the purpose of those above the age of 65 or those who need a larger insurance cover....
- 10 changes IRDAI has proposed in 2019 to make motor insurance a simpler productThis year, a separate third-party insurance category for electric vehicles (EVs) was issued. Further, to increase the sale of EVs, the thir...
- Has your motor insurance cover lapsed? Here's all you need to know about renewing itUnderstand the process before you dash off to renew a lapsed motor policy.
- When should you change your financial services provider?Find out the conditions under which you should shift to a better service provider, be it your stockbroker, financial adviser or health insu...
- Here's why you should look before you click to insureMuch like online shopping, buying insurance through Internet is becoming popular. But, this purchase calls for thorough homework.
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