The Punjab and Haryana High Court ruled that a driving license remains valid for 30 days post-expiration under the Motor Vehicle Act. This ...

New health insurance rule: To bring some much-needed relief to health insurance policyholders, Insurance Regulatory and Development Authori...

A health insurance policy offers a grace period of around 30 days after the due date to make sure the policy is active.

Insurance Regulatory and Developement Authority of India (Irdai) has already provided additional time for payment of renewal premium in cas...

Now as the lockdown has been further extended up to May 17, 2020, the regulator has allowed extended grace period up to May 31 for all life...

If your current health, motor insurance policy is expiring between March 25, 2020 and May 3, 2020 and you are not able to renew your policy...

The policy does not stay in force unless renewed. This means any claim filed during the grace period is not considered by the insurer for t...

If your current health, motor insurance policy is expiring between March 25, 2020, and April 14, 2020, and you are not able to renew your p...

The objective of the guidelines on 'Standardization of General Clauses in Health Insurance Policy Contracts' is to standardise the common g...

Heavy rains and subsequent floods have adversely affected life and property in Kerala and some districts of Karnataka.

A news item has been brought to Irdai's notice, which says that the Authority has instructed insurers to accept old notes for premium.

The grace period for payment of premium on life insurance policies ranges from 15 to 30 days, depending on whether the frequency is quarter...

Health plans are typically offered as one year contracts and require a renewal every year. Some insurers may send a renewal notice.

Scores of life insurance policy holders run the risk of losing their insurance covers when they fail to renew their premiums within a deadl...

Scores of life insurance policy holders run the risk of losing their insurance covers when they fail to renew the policy within a deadline....

Domestic life insurers may have to adopt a uniform definition for expiry of insurance policies to give more leeway to policyholders on prem...

Domestic life insurers may have to adopt a uniform definition for lapsation of insurance policies to give more leeway to policyholders on p...