The rights of the rights of insurance policy require legal clarity

In the complex world of asset distribution, the rights of the nominee, especially in life insurance…

Insurance: Critical need for strong protection of policyholder rights

The other day, a claims executive arbitrarily rejected a claim for hospitalization for a heart condition.…

A new era of customer centricity awaits as IRDAI lays the foundation

Since the turn of the century, the Insurance Regulatory and Development Authority of India (IRDAI) has…

IRDA proposes standardization of group insurance policies, issues draft guidelines

The Insurance Regulatory and Development Authority of India (Irdai) has proposed to rationalize and standardize the…

IRDA proposes to make policyholders less accountable while porting health policy

New Delhi: Soon, insurers may be solely responsible for collecting the policyholder’s claims information from the…

Upcoming LIC IPO should reward its old policy holders

It is reported that the government is set to list Life Insurance Corporation of India (LIC)…