Tag: Insurance Regulatory and Development Authority of India

Insurance companies can now sell short-term covid-19 health plans

In a bid to offer better coverage to policyholders amid the covid-19 pandemic, the Insurance Regulatory and Development Authority of India (Irdai) has sent out...

Will Irdai’s new covid-19 health insurance that pays a lump sum benefit you?

Early in June, Irdai sent draft guidelines for a standard covid-19 health insurance product to all general and stand-alone health insurance companies. It was a...

Long-term comprehensive motor cover won’t be available soon

The Insurance Regulatory and Development Authority of India (Irdai) on 9 June asked all insurers to withdraw long-term packages offering both third-party (TP) and own-damage...