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ASHA and MGNREGA
Shivani Jain
| Updated: Apr 02, 2021 | Category: IRDA Advisory

Obligations of Insurers towards ASHA and MGNREGA workers Notified by IRDAI

The Insurance Regulatory and Development Authority of India (IRDAI), on 11.03.2021, has notified the obligations of Insurers towards ASHA and MGNREGA workers. The same was notified through the Notification No...

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Insurance (Amendment) Act 2021
Shivani Jain
| Updated: Apr 01, 2021 | Category: Insurance Broker, News

Insurance (Amendment) Act 2021: A Complete Guide

Recently, the GOI (Government of India) has passed the Insurance Amendment Act 2021, on 25.03.2021, to amend the provisions of the Insurance Act 1938. Further, the said amended act has...

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Product Filing in Health Insurance Business by IRDAI
Shivani Jain
| Updated: Mar 25, 2021 | Category: IRDA Advisory, News

IRDAI Modified the Guidelines on Product Filing in Health Insurance Business

On 16.03.2021, the Insurance Regulatory and Development Authority of India (IRDAI), by way of Circular Ref No IRDAI/HLT/REG/CIR/049/03/2021, has notified modification in the Guidelines on Product Filing in Health Insurance...

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Standard Personal Accident Insurance Product issued by IRDAI
Shivani Jain
| Updated: Mar 15, 2021 | Category: IRDA Advisory, News

IRDAI Issued Guidelines on the Standard Personal Accident Insurance Product

The Insurance Regulatory and Development Authority of India or IRDAI, by way of Notification No IRDA/ HLT/ GDL/ MISC/ 036/ 02/ 2021, issued on 25.02.2021, has notified Guidelines on the...

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Different Formats for Collection of Insurance Rural Data by IRDAI
Shivani Jain
| Updated: Mar 08, 2021 | Category: IRDA Advisory, News

Different Formats for Collection of Insurance Rural Data Notified by IRDAI

The Insurance Regulatory and Development Authority of India has recently notified different formats for collection of Insurance Rural Data, by way of the notification no IRDA/ NL/ CIR/ MISC/ 033/...

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IRDAI Mandates Communication of Basic Information to Policyholders
Shivani Jain
| Updated: Mar 06, 2021 | Category: IRDA Advisory, News

IRDAI Mandates Communication of Basic Information to Policyholders

The IRDAI (Insurance Regulatory Development Authority of India), by way of the Notification No IRDAI/ HLT/ REG/ CIR/ 038/ 03/ 2021, issued on 01.03.2021, has notified that it is mandatory...

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Difference between Insurance Brokers and Agents
Karan Singh
| Updated: Mar 05, 2021 | Category: Insurance Broker, IRDA Advisory

Difference between Insurance Brokers and Agents – An Overview

Knowing the difference between insurance brokers and agents is very important to understand how you as an insurance holder can make the best use of their services to purchase other...

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IRDAI Notifies the Insurance Ombudsman (Amendment) Rules 2021
Shivani Jain
| Updated: Mar 05, 2021 | Category: IRDA Advisory, News

IRDAI Notifies the Insurance Ombudsman (Amendment) Rules 2021

The Central Government on 02.03.2021 has notified comprehensive amendments to the existing Insurance Ombudsman Rules 2017. The reason behind the amendment was to improve the working and operations of the...

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Procedure for Insurance Broker License
Shivani Jain
| Updated: Feb 25, 2021 | Category: Insurance Broker, IRDA Advisory

Procedure for Insurance Broker License: A Complete Guide

Nowadays, a lot of Insurance Products are available in the market, but choosing the right one is a challenging task. Further, an insurance broker advises people about the best insurance...

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How Does an Insurance Broker Makes Money
Karan Singh
| Updated: Feb 22, 2021 | Category: Insurance Broker, IRDA Advisory

How Does an Insurance Broker Makes Money?

An Insurance Broker makes money from selling various insurances to businesses or individuals. Insurance Brokers sell different insurance types, including life insurance, health insurance, accident insurance, home insurance, car insurance,...

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