IRDAI issues fresh norms on insurance ads

Country’s insurance regulator IRDAI has granted new norms on insurance advertisements with an objective to protect the interests of the insuring public , raise their level of confidence on the nature of sales material used and encourage fair business techniques.
It has asked companies to ensure that communications are clear, fair and not misleading whatever be the mode of communication. Insurers have been directed to use material and design (including paper size, colour, font type and font size, tone and volume) to present the information legibly and in an accessible manner Read More



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thirdparty

Irdai reduces third party insurance rates

Insurance sector regulator Irdai today reduced motor insurance premium rates in most of the segments like two-wheelers, cars and trucks by modifying the rates for 2017-18 issued three-weeks ago. The modified ‘premium rates for motor…


Insurance Regulator Opens Online Market

Insurance Regulator Opens Online Market Place To Register, Sell Insurance Policies

insurance regulator Irdai has launched a web portal for insurers that will allow them to register and sell policies online. The portal — isnp.irda.gov.in — is also open to intermediaries in the insurance business, Irdai said in a circular. Read…


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Soon, drunk drivers will have to pay damages on own

Drunk drivers will have to pay the entire compensation for causing death or injury in a road crash. According to the Motor Vehicles (Amendment) Bill introduced in the Lok Sabha on Friday, insurance companies will…


Mistake to avoid when buying medical insurance

Ways to insure your parents

Insuring your elderly parents is your way of expressing your love for all that they have done for you. There are two ways to insure your parents, namely, life insurance and health insurance. While life…


life-insurance

6 types of people who must have life insurance

Many people in India don’t see the need for life insurance.Here are six scenarios in which you could benefit from life insurance: You’re the main breadwinner: Protecting your family is the main reason to buy…


yoga

Yoga a passport to health insurance: PM Modi

Emphasizing the significance of yoga, Prime Minister Narendra Modi on Friday said the entire world wants peace not only from wars but also from stress and it could only be gained by practicing yoga. “There…


No Picture

Why do you need a good health insurance plan?

Here are some of the reasons as to why you really need a good health insurance plan. Protects you from unforeseen medical expenses Protects from high-cost medical expenses. Health insurance plans come with low premium…


health

Why Health Insurance is no more just an option

The great irony of healthcare in India is that while the country is renowned as a low-cost destination for health treatment by foreigners; the citizens are increasingly complaining about the rising medical expenses. So, while…


Mistake to avoid when buying medical insurance

Mistake to avoid when buying medical insurance

With the rising cost of healthcare services in the country, it makes sense to buy medical insurance to pay for medical bills instead of paying from personal savings. But it is also necessary to avoid…


healthcare-32

Should you buy a health cover even if your employer is covering you?

There is no better incentive/perk than a group health insurance provided by an employer to his/her employee, considering the rising cost of medical treatments in India. A group health cover is extended to an employee…