
IRDAI allows insurers to roll out short term policies for Covid-19
Insurance Regulatory and Development Authority of India (IRDAI) has asked all insurers life, non-life and health to provide short term cover against Covid-19 disease. On 4th March, IRDAI had

Standardised ‘Corona Kavach’ & ‘Corona Rakshak’ health insurance products from July 10
You will be able to buy standard COVID-19 health insurance policies with uniform features, terms and conditions from any insurer from July 10. You can choose

India: Govt plans medical treatment plan for motor accident victims
The government plans to launch a cashless treatment scheme for road accident victims with a cap of INR250,000 ($3,300) per case, to ensure that victims

New COVID-19 insurance covers travel agents against cancellation costs
Considering impending announcements from the UK government on easing travel restrictions, ROCK Insurance Group has launched two new COVID-19 insurance policies to protect travel businesses

INSURANCE INDUSTRY Instilling hope during Covid-19 times
Covid-19 has impacted all economies very badly. Indian economy has suffered a loss of Rs 10 lakh crores due to Covid-19 . The insurance companies

India:WhatsApp to launch insurance and micro-pension pilot schemes
Messaging app WhatsApp India is set to launch pilot schemes in insurance, micro-pension and lending in partnership with domestic service providers. Mr Abhijit Bose, head

Irdai asks insurers to settle Covid-19 claims for treatments done in makeshift hospitals
The insurance regulator, Insurance Regulatory and Development Authority of India (IRDAI), directed all non-life insurers to settle claims for patients treated in temporary or make-shift hospitals. The regulator told

Keep it simple, compete on settling claims: IRDAI to insurers
Chennai: Citing the 4.5 lakh lives covered under the stardardised insurance policy like Corona Kavach within 20 days of its launch, simple and standardised health insurance products will grow