Irdai

Indian Railways plans linking of these documents for booking tickets on IRCTC

Irdai says fasten life insurance claims settlement of Maharashtra flood victims – 2021-08-09 05:24:24

[ad_1] NEW DELHI: The Insurance Regulatory and Development Authority of India (Irdai) has called for quick and timely settlement of life insurance claims of victims of recent floods in Maharashtra. In a circular, Irdai has asked insurers to designate a senior level officer as nodal officer in the state for coordinating/expediting settlement of all claims […]

Continue Reading
Indian Railways plans linking of these documents for booking tickets on IRCTC

How to choose the right TPA to settle health policy claims

[ad_1] A TPA is a company registered with the Insurance Regulatory and Development Authority of India (Irdai) and engaged by a health insurer, which helps in providing healthcare services to policyholders, primarily claims settlement. It is an intermediary between policyholders and the insurance company. You can choose a TPA at the time of buying the […]

Continue Reading
Indian Railways plans linking of these documents for booking tickets on IRCTC

Irdai asks life insurers for speedy settlement

[ad_1] NEW DELHI: Irdai on Friday asked life insurance companies to take immediate action to ensure expeditious settlement of claims in wake of cyclone ‘Tauktae, Yaas’ causing loss of lives and belongings primarily in the states of Maharashtra, Gujarat, Odisha, and West Bengal, in a circular issued on 28 May. Cyclone Tauktae and Yaas have […]

Continue Reading
According to Irdai, new premium income has been declined by 5.6% to 12,976.99 crore in May 2021 (MINT_PRINT)

New premium income declines by 5.6% to 12,976 cr in May; LIC reports 12.4% dip

[ad_1] Life insurance firms have witnessed a decline in their new premium incomes in May this year, the Insurance Regulatory and Development Authority of India (Irdai) said on Wednesday. According to Irdai, new premium income has been declined by 5.6% to 12,976.99 crore in May 2021. Last year, a total of 24 registered life insurance […]

Continue Reading
As a broker, Policybazaar will be entitled for commission as well as fee for web aggregation

Policybazaar gets insurance broking licence

[ad_1] Leading web aggregator Policybazaar on Friday said it has got approval from regulator IRDAI to undertake insurance broking, a development that will help the company augment business and expand bouquet of services. With this development, the company will surrender its web aggregator licence to Insurance Regulatory and Development Authority of India (IRDAI) and undertake […]

Continue Reading
Insurers are using pedometers  and health monitoring apps to reward policy buyers and incentivise a preventive approach to health, shows a study by study by Policybazaar.com. (iStockphoto)

Over 20% health policy buyers redeem ‘wellness points’ for discount on renewals

[ad_1] MUMBAI: As medical costs increase every year, it is important to have a health insurance policy and to stay fit. According to a study by Policybazaar.com, over 20% of people who purchased health insurance plans in March and April of last year renewed their policies through wellness points this year. Policyholders are now using […]

Continue Reading