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LIC to launch three new insurance plans on October 19, 2026: Annuity, health insurance and cancer cover to go on offerLife Insurance Corporation of India is set to introduce three new insurance products on October 19, 2026. The offerings include LIC’s New J...- IRDAI may allow transition period for insurance fee capIRDAI Chairman Ajay Seth said the regulator is examining industry feedback on a consultation paper that is open until October 25, while mai...
- Office critical illness cover: How well does it protect employees and their families?The distinction matters for how HR teams design the benefit. A fixed benefit CI policy addresses income replacement and non medical costs t...
- Visa denied, trip cancelled: Can travel insurance help you recover your losses?Some insurers now reimburse visa fees if your application is rejected. But modest payouts, exclusions and multiple conditions can limit the...
- Two health insurance policies, one hospital bill: Here’s how to claim the unpaid hospital bill from the second insurerNavigating health insurance claims can be tricky, especially when you have multiple policies. If your hospital bill exceeds your coverage, ...
- GST reforms 2026: Employers get ITC on employee health, life insurance premiumsThe GST Council has recommended allowing employers to claim input tax credit on GST paid for health and life insurance policies taken for e...
- Canara HSBC Life Q2 profit rises 5% YoY to Rs 43 croreCanara HSBC Life Insurance Company's September quarter has marked a significant growth, with a 5 percent rise in net profit, totaling Rs 43...
- Nomura becomes latest brokerage to cut PB Fintech share price target by 31%, lists 2 scenarios for fair priceNomura has cut PB Fintech’s target price by 31% to Rs 1,100 after proposed IRDAI curbs on insurance website practices and commissions. The ...
- Ageas Federal launches multi-currency life insurance plan at GIFT CityAgeas Federal Life Insurance has launched its first GIFT City product, a multi-currency ULIP that lets customers invest in US dollars, euro...
- Good news for employees: Input Tax Credit on group health and life insurance allowed; Know how it employeesNow GST input tax credit to emoyers on group insurance; this can mean more life and health insurance coverage for employees; Know how it he...
- IRDAI may roll out insurance commission caps from January, overhaul distribution rulesIndia's insurance regulator is planning significant reforms to the insurance distribution system, aiming for implementation soon. Proposed ...
- IRDAI and the avoidable art of regulatory jaywalkingThe recent policy adjustments by IRDAI have led to a marked decline in investor confidence and value within the insurance industry. The tra...
- Rs 50 lakh personal accident claim denied over “misrepresentation”; insurer’s own investigator found it valid; here’s why nominee wonIn a significant ruling, the Kurnool Consumer Commission directed ICICI Lombard to pay a Rs 50 lakh insurance claim that was initially reje...
- AI can decode your insurance policy, but can it predict your claim? Know the limitsNavigating health and life insurance policies can be daunting due to complex jargon and lengthy documents. AI can simplify understanding by...
- IRDAI overhaul may force insurance brokers to rethink deal valuationsThe Insurance Regulatory and Development Authority of India has suggested regulatory changes that may significantly affect insurance broker...
- Insurance brokers oppose IRDAI commission caps, warn of 60-70% revenue hitInsurance brokers in India are opposing commission cap proposals from the Insurance Regulatory and Development Authority of India. They war...
- Insurance brokers oppose IRDAI's proposed reforms on caps on commissionsIndian insurance brokers are opposing regulatory proposals that include caps on commissions paid to various distributors. The Insurance Reg...
- Insurance misselling misunderstood: The regulator’s proposal is tantamount to addressing the symptom, while ignoring the causeIn FY25, the Indian insurance sector experienced significant premium growth while maintaining flat penetration rates. However, complaints r...
- Reducing commissions may help curb mis-selling of insurance products; IRDAI’s role remains crucialThe Insurance Regulatory and Development Authority of India has announced new proposals to limit commission rates for insurance distributor...
- IRDAI’s insurance distribution paper: Economics in focus, consumer protection gaps remainRules and caps can change behaviour. Incentives determine whether organisations merely comply with the rules or actually change the behavio...
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