IRDAI’s latest report highlights widespread life insurance mis-selling in India, as RBI data shows rising early policy exits and surrender-led payouts.
Medical inflation in India is soaring, making health insurance unaffordable and leading to higher out-of-pocket expenses.
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Insurance for seniors: IRDAI says yearly health insurance premium for elderly can't be increased by more than 10%
In a significant relief for senior citizens, the Insurance Regulatory and Development Authority of India (IRDAI) has imposed a limit on annual health insurance premiums. The regulator has stated that ...
Investments have quadrupled, and total premium growth has gone up from Rs 7.6 lakh crore in FY20 to Rs 11.9 lakh crore in ...
India's insurance industry, currently at 3.7% GDP penetration, anticipates structural reforms like GST rationalization and composite licensing in the 2026 Union Budget.
IRDAI has permitted insurers to block funds in a customer’s bank account via UPI for premium payments for life and health insurance policies In a circular, the insurance regulator said that the ...
Insurance tech and digital insurance platforms are likely to be compelled into recalibrating their life insurance products, ...
The Court held that GST exemption under the 2025 notification applies only to individual health insurance policies. Group policies obtained through collective bargaining were ruled ineligible for ...
IRDAI mandates AYUSH coverage for hospitalisation, OPD consultations for alternative therapies are generally excluded unless specifically offered by the insurer ...
The court held that the 2025 GST exemption applies only to individual and family floater health policies. Group insurance, ...
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