Insurance

The Insurance Regulatory and Development Authority of India (IRDAI) has directed that health insurers have to decide or clear requests for cashless treatment and final discharge from hospital within one hour of receipt of the request. The instructions come into force with immediate...
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  • In a significant decision, the Insurance Regulatory and Development Authority of India (IRDAI) has allowed insurers to invest in debt securities of infrastructure investment trusts (InvITs) and real estate investment trusts (REITs). Earlier, insurance companies were allowed to invest only in...
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  • Physicians heal thyself is passe. Insurers reimburse themselves is the new phrase.   At a time when the general public health insurance policyholders are denied genuine hospital expenses incurred by them, the employees of government owned general insurance companies have been allowed...
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  • India's insurance sector regulator has directed general and health insurance companies to take action against hospitals if they don't provide cashless facility for COVID-19 claims.   In a circular, the Insurance Regulatory and Development Authority of India (IRDAI) told the insurers...
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  • Max Life Insurance has launched a new term life insurance called Max Life Smart Secure Plus Plan. The policy will offer new and enhanced benefits like premium break option, special exit value and a choice of claims payout for nominees.    Term life insurance is a pure risk cover...
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