Introduction Have you ever faced a denied insurance claim and felt completely helpless? You’re not alone. Every day, countless policyholders find themselves frustrated with insurance companies that seem to have mastered the art of saying “no.” But here’s the good… Continue Reading
Introduction The insurance world is undoubtedly complex and often enough issues and disputes arise. Sometimes it is related to a mis-sold insurance, sometimes it is a wrongful claim rejection, it can be anything. When insurance disputes arise, many policyholders feel… Continue Reading
Introduction The Insurance Regulatory and Development Authority of India (IRDAI) has announced significant updates to the Customer Information Sheet (CIS) format, set to take effect from January 1, 2024. The CIS serves as a crucial document for both insurance providers… Continue Reading
An Overview Insurance is a critical part of financial planning, providing us with the much-needed safety net during unforeseen events. However, there may be instances when you feel dissatisfied with your insurance provider’s services, claim settlement, or any other aspect… Continue Reading
An Overview India has a sizable insurance market, and there are numerous insurance firms that deal with life insurance and general insurance among other sorts of insurance. These businesses require a regulatory agency to oversee their operations. The Insurance Regulatory… Continue Reading
As per IRDAI guidelines, life insurance companies can now offer individual and group unit-linked life under File and Use system. Life insurance companies have also been allowed to offer combi plans of life and health insurance plans without the need… Continue Reading
The Insurance Regulatory and Development Authority of India (IRDAI) has recently instructed insurance companies to establish ABHA IDs for policy seekers. This move aims to enhance the efficiency and convenience of the insurance application process. IRDAI constantly works for the… Continue Reading
The claim ratio data from IRDAI of top 10 insurance companies is definitely something worth knowing about since it will help you take a good decision before signing on the dotted line. After all, the claim ratio has to be… Continue Reading