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Insurers In India Race To Tie Up With Tesla Amid EV Boom
Elon Musk's electric vehicle (EV) giant has come to India, but a bigger question that people are asking is who will be the insurance provider for the American auto maker?
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Policy Loan Facility Mandatory In Life Insurance Savings Products: IRDAI
Regulator Irdai on Wednesday said the facility of policy loan is now mandatory in all life insurance savings products, enabling policyholders to meet liquidity requirements.
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People Above 65 Can Also Buy Health Insurance Now
The Insurance Regulatory and Development Authority of India (IRDAI) has removed the age cap on buying health insurance policies, effective from April 1, 2024.
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Auto Insurance: New 'Pay As You Drive, How You Drive' Motor Insurance Rule Announced
The Insurance Regulatory and Development Authority of India (IRDAI) has revealed new motor insurance rules that will allow the users to pay for insurance as per their automobile usage.
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Vehicle Owners Must Have A Valid PUC Certificate To Renew Insurance: IRDAI
The Insurance Regulatory and Development Authority of India (IRDAI) has advised all insurance companies to ask for valid pollution under control (PUC) certificate from vehicle owners at the time of renewing their motor insurance policies.
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Buying A New Car Or Two-Wheeler To Get Cheaper In India From August 1
Planning to buy a new vehicle? Register it after August 1, 2020, with the on-road prices on cars and two-wheelers set to reduce, as IRDAI reverses its decision for mandatory long-term motor vehicle insurance packages.
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IRDAI Withdraws Long-Term Motor Vehicle Insurance Package Cover For New Cars & Two-Wheelers
The Insurance Regulatory and Development Authority of India (IRDAI) on Monday officially released a circular mentioning the withdrawal of long-term motor insurance package plans including 3rd party insurance as well as own damage. This will come into effect from August 1, 2020. The insurance regulator decided to withdraw the long-term insurance pac...
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IRDAI To Keep Third Party Motor Insurance Premiums Unchanged For All Vehicles In FY'21
The support will have a multiplier effect as increase in premium would have resulted into thrice the increase as buyers are now required to pay a onetime premium for three years.
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Third-Party Insurance Premium For Cars, 2-Wheelers To Go Up From June 16
Car and two-wheeler insurance to cost more from June 16 with regulator IRDAI increasing the mandatory third party (TP) motor insurance by up to 21 per cent in certain category of vehicles.
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Car And Bike Purchase To Cost More From September 1
Buying a car or two-wheeler is set to become expensive from September 1, 2018 as long-term third party insurance policy has been made mandatory by the IRDAI following a Supreme Court order.
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IRDAI To Lower Third-Party Insurance Premium On Small Cars From April 1
IRDAI released an exposure draft on premium rates for motor third-party insurance for 2018-19 fiscal year and have requested stakeholders to comment on the new proposal till March 22.
-
Deadline For Linking Aadhaar, PAN With Insurance Policies Extended
On November 8, Irdai had directed the insurers to link Aadhaar and Pan Card numbers with insurance policies
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IRDAI Allows General Insurers To Sell Motor Cover Via Dealers Without Tie-Ups
Earlier, insurers were not allowed to offer differential pricing which would reward good customers and ensure higher premium for bad customers.
-
Third Party Vehicle Insurance To Become Costlier
The Indian government will soon discontinue the upper limit cap on third party liability of insurance companies in cases of road accidents, injuries or death. Also, the Insurance Regulatory and Development Authority (IRDAI) has sent a proposal to the government for hiking the premium for third party insurance by 50 per cent for all vehicle segments...
-
IRDAI to Hike Motor Insurance Premium Rates From April 1
Effective from April 1, the decision will affect the insurance cost of both cars and bikes by up to 40 per cent.
-
Insurers In India Race To Tie Up With Tesla Amid EV Boom
Elon Musk's electric vehicle (EV) giant has come to India, but a bigger question that people are asking is who will be the insurance provider for the American auto maker?
-
Policy Loan Facility Mandatory In Life Insurance Savings Products: IRDAI
Regulator Irdai on Wednesday said the facility of policy loan is now mandatory in all life insurance savings products, enabling policyholders to meet liquidity requirements.
-
People Above 65 Can Also Buy Health Insurance Now
The Insurance Regulatory and Development Authority of India (IRDAI) has removed the age cap on buying health insurance policies, effective from April 1, 2024.
-
Auto Insurance: New 'Pay As You Drive, How You Drive' Motor Insurance Rule Announced
The Insurance Regulatory and Development Authority of India (IRDAI) has revealed new motor insurance rules that will allow the users to pay for insurance as per their automobile usage.
-
Vehicle Owners Must Have A Valid PUC Certificate To Renew Insurance: IRDAI
The Insurance Regulatory and Development Authority of India (IRDAI) has advised all insurance companies to ask for valid pollution under control (PUC) certificate from vehicle owners at the time of renewing their motor insurance policies.
-
Buying A New Car Or Two-Wheeler To Get Cheaper In India From August 1
Planning to buy a new vehicle? Register it after August 1, 2020, with the on-road prices on cars and two-wheelers set to reduce, as IRDAI reverses its decision for mandatory long-term motor vehicle insurance packages.
-
IRDAI Withdraws Long-Term Motor Vehicle Insurance Package Cover For New Cars & Two-Wheelers
The Insurance Regulatory and Development Authority of India (IRDAI) on Monday officially released a circular mentioning the withdrawal of long-term motor insurance package plans including 3rd party insurance as well as own damage. This will come into effect from August 1, 2020. The insurance regulator decided to withdraw the long-term insurance pac...
-
IRDAI To Keep Third Party Motor Insurance Premiums Unchanged For All Vehicles In FY'21
The support will have a multiplier effect as increase in premium would have resulted into thrice the increase as buyers are now required to pay a onetime premium for three years.
-
Third-Party Insurance Premium For Cars, 2-Wheelers To Go Up From June 16
Car and two-wheeler insurance to cost more from June 16 with regulator IRDAI increasing the mandatory third party (TP) motor insurance by up to 21 per cent in certain category of vehicles.
-
Car And Bike Purchase To Cost More From September 1
Buying a car or two-wheeler is set to become expensive from September 1, 2018 as long-term third party insurance policy has been made mandatory by the IRDAI following a Supreme Court order.
-
IRDAI To Lower Third-Party Insurance Premium On Small Cars From April 1
IRDAI released an exposure draft on premium rates for motor third-party insurance for 2018-19 fiscal year and have requested stakeholders to comment on the new proposal till March 22.
-
Deadline For Linking Aadhaar, PAN With Insurance Policies Extended
On November 8, Irdai had directed the insurers to link Aadhaar and Pan Card numbers with insurance policies
-
IRDAI Allows General Insurers To Sell Motor Cover Via Dealers Without Tie-Ups
Earlier, insurers were not allowed to offer differential pricing which would reward good customers and ensure higher premium for bad customers.
-
Third Party Vehicle Insurance To Become Costlier
The Indian government will soon discontinue the upper limit cap on third party liability of insurance companies in cases of road accidents, injuries or death. Also, the Insurance Regulatory and Development Authority (IRDAI) has sent a proposal to the government for hiking the premium for third party insurance by 50 per cent for all vehicle segments...
-
IRDAI to Hike Motor Insurance Premium Rates From April 1
Effective from April 1, the decision will affect the insurance cost of both cars and bikes by up to 40 per cent.
