Driving without third-party motor insurance in India carries severe penalties. This mandatory cover protects accident victims financially. ...

If you are confused by personal finance terms, jargon and calculations, here’s a new series to simplify and deconstruct these for you. In t...

Travel insurance provides coverage for travel risks, including medical support, flight cancellations, and emergency evacuation. It is not a...

It is mandatory to buy a personal accident cover of Rs 15 lakh under car insurance, if you are the owner-driver of a car. It usually costs ...

The Delhi High Court has stated that existing regulations regarding mandatory insurance, wearing headgear, and penalties for non-compliance...

With the new guidelines issued by IRDAI, one will now get the flexibility to buy these two insurance covers separately, either from the sam...

According to the latest draft proposal issued by the insurance regulator on Monday, standalone OD cover may be allowed where long-term liab...

The ministry has also proposed a two-step process of assessing crop yields required for calculating the extent of crop damage.

It was being opposed by opposition parties for curtailing the powers of states and favouring corporates.

Insured Declared Value means the maximum value for which your car is insured in case of total loss/theft in a particular year.

Irdai has increased the compulsory personal accident cover for owner driver under motor insurance policies from Rs 2 lakh to Rs 15 lakh.

The Motor Vehicles Amendment Bill 2016 has raised fines significantly to make roads safer. It makes Aadhaar mandatory for driving licence a...

Find out the simple measures, such as installing safety devices in your vehicle and avoiding small claims, that can help you lower the prem...

Only a third of the vehicles in India were insured in 2009-10, according to an information bureau, set up by the regulator.

The 10-year-old National Agriculture Insurance Scheme (NAIS) is one of the largest insurance plans for farmers in the world.

The self regulatory body for auditors, Institute of Chartered Accountants of India (ICAI) is pushing for compulsory rotation of auditors by...

GIC Re is moving away from captive business to becoming a market-led player with a focus on life reinsurance, energy cover and liability re...