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Latest Articles in IRDAI

IRDAI Asks Life Insurers To Launch 'Saral Jeevan Bima' Scheme By Jan 1

The Saral Jeevan Bima will be a pure term life insurance product that can be purchased by people in the age group of 18 to 65 years and will have a policy term of 4 to 40 years

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IRDAI Identifies LIC, GIC, New India Assurance Systemically Important Insurers

The continued functioning of D-SIIs is critical for the uninterrupted availability of insurance services to the national economy,

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IRDAI exempts general insurers from issuing policy documents physically amid COVID-19

IRDAI exempts general insurers from issuing policy documents physically amid COVID-19

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Companies Must Focus On Innovative & Simple Insurance Products: IRDAI Chairman

Dr Subhash C Khuntia, Chairman, IRDAI has underlined the need for insurance companies to focus on more simple products that are both innovative and transparent in nature. He has also urged the companies to focus on long-term measures post COVID to increase customer base.

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Why Should I Buy The Corona-Health Insurance Plan In 2020?

The COVID-19 Standard Health Insurance Policy needs to be mandatorily offered by all insurance companies, says the regulator

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Life Insurers Bat For 100 Pc Foreign Investment In Sector Via Automatic Route

India has received nearly Rs 30,000 crore worth of FDI in the private sector insurance firms since 2015.

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DHFL Bankruptcy: IRDAI Rules Out Troubles For Two Insurance Arms

As of September, DHFL Pramerica Life's solvency ratio stood at 388 per cent and that of DHFL General Insurance at 230 per cent.

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IRDAI Approves True North's Stake Purchase In Max Bupa Health Insurance

Bupa, the existing joint venture partner in Max Bupa, remains committed to the joint venture and will continue to play an active role.

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8 Endowment Plan Features: De-Jargonized!

Here are a few of the most relevant features of your traditional (or “non-linked”) Life Insurance plan, minus the jargon.

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BSE-Ebix Get IRDAI Approval To Sell Life And Non-Life Insurance Products

The venture, branded as BSE-Ebix Broking Insurance Broking Pvt Ltd, will enable distribution outlets, wealth management advisors, point of sales (POSs) to sell life and non-life insurance products.

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IRDAI Asks Insurers To Provide 60-days Grace Period For Health Insurance Premium

Insurance regulator IRDAI has asked insurers to give a grace period of 60-days for payment of premium in respect of all health insurance policies in flood affected kerala and parts of Karnataka

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IRDAI Makes Long-Term 3rd-Party Insurance Mandatory; Car, Bike To Cost More From September 1

Following a supreme court order, IRDAI makes it compulsory for all general insurers to issue a 3 year third-party insurance cover for new cars and 5 year third-party insurance cover for new two-wheelers.

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Linking Aadhaar With Insurance Policies Mandatory

"The Authority clarifies that linkage of Aadhaar number to Insurance Policies is mandatory under the Prevention of Money-laundering (Maintenance of Records) Second Amendment Rules, 2017," IRDAI

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SBI Life To Open Bahrain Branch By December

The company has received the requisite approvals from the Central Bank of Bahrain and the Indian regulator IRDAI

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