Irdai asks insurers not to demand insurance premiums from customers when submitting the proposal form, except where immediate risk cover is provided.

Mis-selling in life insurance often occurs when agents or brokers persuade customers to buy policies that do not align with their financial needs or goals

The co-payment option in senior citizens' health insurance is a contractual arrangement where the policyholder pays a specified percentage of medical costs upfront, and the insurance provider covers the rest.

The Insurance Regulatory and Development Authority of India (Irdai) instructed insurance companies to set up a cashless health claim settlement system by July 31, 2024.

Insurance documents are full of jargon that makes them difficult for a layperson to understand; here, we explain the difference between a moratorium, waiting, and a free-look period.

The Ministry of Ayush, in a recent discussion, brought about different issues related to Ayush, such as the regulatory framework, policy support, and integration of Ayush treatment under insurance schemes

The Insurance Regulatory and Development Authority (Irdai) revoked 55 previously issued circulars and has issued a master circular providing strict timelines for cashless claim settlement in health Insurance.

The need for a health insurance policy increases as you grow older, especially after retirement. IRDAI has modified its earlier circular to provide more clarity on insurance coverage for seniors. Learn more

Bima Sugam is an integrated online platform for all insurance-related services and information, offering convenience to all users, including senior citizens and service providers.

As medical costs increase exponentially, having a health insurance plan with global coverage can come in handy during an emergency, but there are better options, too. Learn more.