Unexpected collisions and minor scrapes can snowball into complex paperwork if the first steps go wrong. Many of the core principles mirror the approach to third party bike insurance, yet there are ...
Irdai mandates quick claim settlements. Insurers must involve Claims Review Committee. Policyholders can choose policy for claims and may get increased sum insured for no claims. Policyholders, who ...
The Insurance Regulatory Development Authority of India (IRDAI) has introduced new customer-friendly measures for health insurance policies. According to the latest circular, if insurers fail to ...
IRDAI has tightened motor insurance claim-settlement rules, mandating transparency, board-approved policies and faster processing. Complaints have declined, AI-based assessments are being used for ...
The Insurance Regulatory and Development Authority of India (IRDAI) released a new master circular on health insurance. According to this circular, insurers must decide on cashless authorisation ...
MUMBAI : The Insurance Regulatory and Development Authority of India (IRDAI) is closely examining the shortfall in the settlement of health insurance claims, even as more than half of the complaints ...
India's Insurance Regulatory and Development Authority (IRDAI) has identified notable shortcomings in health claim practices following inspections at eight insurers. As per a report by CNBC TV18, ...
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Insurance claims, mis-selling account for most insurance complaints in FY25, reveals IRDAI annual report
Irdai recorded 2.57 lakh insurance grievances in FY25 via Bima Bharosa.Life insurance saw 15.72 complaints per lakh policies, ...
The Insurance Regulatory and Development Authority of India (IRDAI) has said in a statement, that health insurance companies will not be allowed to contest claims once the premium has been paid for a ...
The IRDAI has initiated the process to issue show-cause notices to eight insurance companies. Image: Twitter The Insurance Regulatory and Development Authority of India (IRDAI) has initiated the ...
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IRDAI 2024-25 annual report: Health premiums cross Rs 1.27 lakh crore mark
Health insurance premiums rose 9.19 per cent to Rs 1.27 lakh crore, per Irdai.Health now forms 41.42 per cent of non-life ...
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