IRDAI exempts insurers from requirement of issuing policy document and copy of the proposal in physical form in respect of motor, fire, package policies etc. till 31st March, 2021 by Lexplosion Solution | Sep 15, 2020 | Central, INSUR, InsuranceIn the wake of Covid-19 pandemic and based on representations received from insurers, the... Read More
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 Lexplosion Solution | 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 Lexplosion Solution | 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 Lexplosion Solution | 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 Lexplosion Solution | 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 Lexplosion Solution | Jul 15, 2020 | Central, INSUR, InsuranceIn view of the COVID-19 pandemic, the Insurance Regulatory and Development Authority of India... Read More
