Insurance Policy

The Insurance Regulatory and Development Authority of India (IRDAI) has removed the age cap on buying health insurance policies, effective from April 1, 2024.

Individuals with allergic conditions often wonder if health insurance policies would cover speciality foods for allergies. Read on to know how it works.

The family advises travelers to review their insurance, as an error in completing a form resulted in an invalidated policy.

A 42-year-old man from Panvel in Navi Mumbai has allegedly been cheated of Rs 21.59 lakh by some persons under the pretext of getting him an insurance policy from a private company, police said on Monday.

The Income Tax department has prescribed a mechanism for calculating income proceeds from life insurance policies where aggregate annual premium exceeds Rs 5 lakh.

The Income Tax department on Wednesday prescribed a mechanism for calculating income proceeds from life insurance policies where aggregate annual premium exceeds Rs 5 lakh.

The Navi Mumbai police have registered a case against a man for allegedly selling fake insurance policies of vehicles to an automobile parts shop owner, an official said on Sunday.

Insurance offers financial protection and support during challenging times.This special day serves as a reminder to review our insurance policies, understand their benefits, and ensure that we have the coverage we need to safeguard ourselves.

Following insurance regulator Irdai directive, LIC on Saturday announced concessions to mitigate the hardships of the claimants of policies and also of Pradhan Mantri Jeevan Jyoti Bima Yojana affected by the Cyclone Biparjoy.

Regulator Irdai's decision to bar repayment of loans taken against life insurance policies through credit cards is a good move and will prevent policyholders from falling into a debt trap, according to insurers.

Fifty-year-old lawyer Nitin Soni, who handles cases of cyber fraud, became a victim himself when a woman caller, posing as a representative of a leading online insurance broker, sold him a fake car insurance policy at an attractive rate.

Delhi Police arrested 5 people, including 2 ex-employees of a leading insurance firm, for allegedly cheating 22 policy holders and withdrawing Rs 2.38 crore that remained with the insurer unclaimed either as surrendered amount or after maturity.

The Enforcement Directorate (ED) has seized 119 bank accounts, 2 luxury vehicles and some insurance policies under anti-money laundering law after raids on promoters of a Bihar-based real estate company that is alleged to have duped home buyers.

The move, which will come into effect for policies issued from April 1, has rattled insurers, with top company executives meeting Finance Minister Nirmala Sitharaman and finance ministry officials to petition them to reconsider the proposal.

An individual will have to pay tax on the maturity amount of life insurance policies where the aggregate annual premium exceeds Rs 5 lakh, according to a Budget proposal presented on Wednesday.

The Insurance Regulatory and Development Authority of India (IRDAI) has removed the age cap on buying health insurance policies, effective from April 1, 2024.

Individuals with allergic conditions often wonder if health insurance policies would cover speciality foods for allergies. Read on to know how it works.

The family advises travelers to review their insurance, as an error in completing a form resulted in an invalidated policy.

A 42-year-old man from Panvel in Navi Mumbai has allegedly been cheated of Rs 21.59 lakh by some persons under the pretext of getting him an insurance policy from a private company, police said on Monday.

The Income Tax department has prescribed a mechanism for calculating income proceeds from life insurance policies where aggregate annual premium exceeds Rs 5 lakh.

The Income Tax department on Wednesday prescribed a mechanism for calculating income proceeds from life insurance policies where aggregate annual premium exceeds Rs 5 lakh.

The Navi Mumbai police have registered a case against a man for allegedly selling fake insurance policies of vehicles to an automobile parts shop owner, an official said on Sunday.

Insurance offers financial protection and support during challenging times.This special day serves as a reminder to review our insurance policies, understand their benefits, and ensure that we have the coverage we need to safeguard ourselves.

Following insurance regulator Irdai directive, LIC on Saturday announced concessions to mitigate the hardships of the claimants of policies and also of Pradhan Mantri Jeevan Jyoti Bima Yojana affected by the Cyclone Biparjoy.

Regulator Irdai's decision to bar repayment of loans taken against life insurance policies through credit cards is a good move and will prevent policyholders from falling into a debt trap, according to insurers.

Fifty-year-old lawyer Nitin Soni, who handles cases of cyber fraud, became a victim himself when a woman caller, posing as a representative of a leading online insurance broker, sold him a fake car insurance policy at an attractive rate.

Delhi Police arrested 5 people, including 2 ex-employees of a leading insurance firm, for allegedly cheating 22 policy holders and withdrawing Rs 2.38 crore that remained with the insurer unclaimed either as surrendered amount or after maturity.

The Enforcement Directorate (ED) has seized 119 bank accounts, 2 luxury vehicles and some insurance policies under anti-money laundering law after raids on promoters of a Bihar-based real estate company that is alleged to have duped home buyers.

The move, which will come into effect for policies issued from April 1, has rattled insurers, with top company executives meeting Finance Minister Nirmala Sitharaman and finance ministry officials to petition them to reconsider the proposal.

An individual will have to pay tax on the maturity amount of life insurance policies where the aggregate annual premium exceeds Rs 5 lakh, according to a Budget proposal presented on Wednesday.