Invest Rs 200 daily in the scheme to get Rs 28 lakh on maturity

Life Insurance Corporation of India (LIC) offers a slew of investment options for investors looking to put their money in schemes that provide impressive and secure returns. In the Jeevan Pragati policy, the state-owned insurer lets investors invest their hard-earned money to build a corpus for their retirement or old age. In the LIC Jeevan […]

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PhonePe gets IRDAI license to serve as direct insurance broker

Digital payments platform PhonePe said on Monday it has been issued an insurance broking license from the Insurance Regulatory and Development Authority of India (IRDAI). Last year, PhonePe entered insurtech sector with a limited insurance ‘corporate agent’ license which restricted the company to partnering with only three insurance companies per category. Now, with this new […]

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Pension tension in old age ‘Saral Pension Yojana’ will start from April 1, know how you will benefit

1 अप्रैल से आपकी जिंदगी में बड़ा बदलाव हो सकता है. बीमा नियामक IRDAI ने बीमा कंपनियों को सरल पेंशन योजना 1 अप्रैल से लागू करने के निर्देश जारी कर दिए हैं. बीमा कंपनियां एक अप्रैल 2021 से सरल पेंशन योजना शुरू करने जा रही है. बीमा विनियामक और विकास प्राधिकरण (IRDAI) ने जीवन बीमा […]

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Important changes will be introduced in Health Insurance Norms from October 1, Check Benefits

In a bid to remove ambiguities, Irdai has asked insurers to standardize the exclusions — diseases or medical conditions that are not covered under a policy. Any disease or ailment that is diagnosed by a physician 48 months prior to the issuance of the health cover will be classified as pre-existing diseases. Besides, any condition whose […]

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You need to have a Valid PUC Certificate to Renew Your Motor Insurance: IRDAI

The Insurance Regulatory and Development Authority (IRDAI) has advised general insurance companies to ask for valid PUC or pollution under control certificates from policyholders at the time of renewal of motor insurance policies. In a circular issued on August 20, 2020, IRDAI said, “Central pollution control board (CPCB) has raised concerns regarding status of compliance of above direction of […]

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Gift Insurance Policy to Anyone! SBI General Insurance makes it Possible

When you buy an insurance policy, the insured has to be either you or someone related to you. But, after the launch of SBI General Insurance’s “Shagun – Gift an Insurance”, it is not necessary for the policy buyer to be related to the insured. It is a unique Personal Accident policy approved by the […]

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Buying Term Insurance is Easier than Ever Now! All You need to know about IRDAI’s new Rule

Now, you shouldn’t have any excuse for not buying term insurance. The Insurance Regulatory and Development Authority of India (IRDAI) has made buying term insurance easier than ever by removing the paperwork, otherwise required. Now, you shouldn’t have any excuse for not buying term insurance. The Insurance Regulatory and Development Authority of India (IRDAI) has […]

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Life Insurance: Physical Signatures not Required to buy a New Policy

IRDAI , the Insurance Regulator has allowed life insurers to obtain the customer’s consent without requiring wet signature on the hard copy of the proposal form. They can send the completed proposal form to the customer’s registered e-mail ID or mobile number in the form of an e-mail or a message with a link. Once […]

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Now Receive and Cancel Life Insurance Policies Online: IRDAI allows Insurers to Send Policy Document on E-Mail

The life insurance rules allow the policyholder to cancel the policy within 15 days of receiving the policy document. This was, however, applicable on a physical copy of the policy document received by the insured. Now, the IRDAI has allowed insurers to issue the policy document on email and the insured can even get it […]

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You have also taken an Insurance Policy, be Careful, Otherwise You may be a Victim of Fraud

In the name of selling insurance products, fraudsters cheat people in the name of attractive offers. In this connection, the Insurance Regulatory Authority has warned the general public. These thugs cheat people in the name of a government agency. new Delhi. Usually, everyone gets a call to buy an insurance policy. But, sometimes this call […]

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