The PolicyX.com report marks a huge difference of 9.75% in the term index value between the first quarter of 2021 and the fourth quarter.

The emission levels are fixed for motor vehicles in India. Once the vehicle undergoes the PUC test successfully, a certificate is provided ...

The gift card will work like any gift voucher that can be redeemed and utilized as an additional payment mode for making premium payment. T...

There shall be no discrimination in providing any of the wellness and preventive features offered and in granting the reward points thereun...

The Authority is in receipt of requests from life insurers to allow them to offer index-linked products. Current IRDAI, product regulations...

You can pay the policy premium either annually, half-yearly, quarterly or in monthly mode. There will be uniformity in premium pricing. No ...

Buying a term insurance plan is getting difficult due to the COVID-19 situation in India. The reason behind the same is the growing Covid-1...

This move brings relief to medical insurance policyholders who may prefer to consult medical practitioners online or telephonically to avoi...

Term insurance premiums are calculated on the basis of mortality rate and expected claims outgo, and accordingly, re-insurers fix the re-in...

To extend your foreign travel insurance while you are abroad, you need to have a valid travel insurance policy, that is, the policy should ...

The Insurance Regulatory and Development Authority of India (IRDAI) has issued norms for general and health insurers for quick settlement o...

Last year in September, the regulator had modified the definition of pre-existing diseases (PEDs) to include certain illnesses if diagnosed...

A pre-existing disease is a condition, ailment or injury that already exists at the time you buy a health insurance policy.

In order to increase penetration, IRDAI is opening up the distribution space for e-commerce in insurance products.

In an increasingly hostile world, it makes sense to seek insurance cover that takes into account possibility of terror strikes and their fa...

The health insurance industry is seeing potential policy buyers opting for higher sum assured than they used to a year back.

General insurance players will have to continue selling few common products mandated by the regulator like third party motor insurance.