IRDAI through a Corrigendum dated 28.08.2020 rectifies definition of Pre-Existing Disease under the Master Circular on Standardization of Health Insurance Products by Anum Ahmed | Sep 1, 2020 | Central, INSUR, InsuranceThe Insurance Regulatory and Development Authority of India (“IRDAI”) has issued a Corrigendum... Read More
IRDAI permits Dividend Criteria for Equity Investment under “Approved Investment” by Anum Ahmed | Aug 26, 2020 | Central, INSUR, InsuranceIn a recent circular dated 21st August, 2020, the IRDAI has permitted insurers to classify... Read More
IRDAI cautions general public against spurious phone calls with fictitious / fraudulent offers and unrealistic benefits beyond the scope of insurance policies by Anum Ahmed | Jul 29, 2020 | Central, INSUR, InsuranceThe Insurance Regulatory and Development Authority of India (“IRDAI”) has cautioned all policy... Read More
IRDAI extends timelines for Insurance Companies and Third Party Administrators to comply registration with “ROHINI” and obtaining NABH/NOAS Certification for a further period of one year by Anum Ahmed | Jul 28, 2020 | Central, INSUR, InsuranceInsurance Regulatory and Development Authority of India (“IRDAI”) in a Circular dated 22nd July,... Read More
IRDAI designs standard COVID specific insurance policy – “Corona Kavach Policy”; grants clearance to 30 General and Health Insurance companies to market the same by Anum Ahmed | Jul 15, 2020 | Central, INSUR, InsuranceIn view of the COVID-19 pandemic, the Insurance Regulatory and Development Authority of India... Read More
IRDAI advises all the Insurers and Insurance Intermediaries to mandatorily share PAN while uploading insurance salesperson applicant data in the ENVOY at IIB by Anum Ahmed | Jul 3, 2020 | Central, INSUR, InsuranceThis is an update to let you know that the Insurance Regulatory and Development Authority of India... Read More