Published in Livemint The covid-19 pandemic has increased awareness and pushed a part of the uninsured population to finally buy insurance. But if you’ve had any symptoms of covid-19, buying life insurance, especially term plans, could become a challenge. According to life insurance companies, reinsurers are asking for covid-19-based disclosures at the time of policy […]
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Status quo: Sahara insurance gets one more week of life
Published in Mint on 1st August, 2017 The Insurance Regulatory and Development Authority of India (Irdai) had on 28 July ordered ICICI Prudential Life Insurance Co. Ltd to take over the life insurance business of Sahara India Life Insurance Co. Ltd, which was effectively wound up by the regulator in the past few months. The […]
Things to note when renewing, migrating or porting covid plan
Published in Livemint. With the vaccine for covid-19 months away and the cases still on the rise, the Insurance Regulatory and Development Authority of India (Irdai) earlier this month asked insurers to allow policyholders to renew, migrate or port covid-specific health insurance schemes. Corona Rakshak and Corona Kavach plans were launched from 10 July 2020 onwards with an aim […]
Saral Jeevan Bima is simple, but is it enough to cover on offer
Published in Livemint. If you are looking to buy a pure term life insurance cover, you will soon be able to choose simply on the basis of your preferred brand and the premium or price. Making it simpler for individuals to buy a term insurance policy, the Insurance Regulatory and Development Authority of India (Irdai) has come up with […]
Moratorium effect: Life insurers can now extend tenure of home loan insurance policies
Published in Forbes India Home loan borrowers who have opted for the loan moratorium allowed by the Reserve Bank of India (RBI) can now expect relief on their home loan insurance tenure too. The Insurance Regulatory and Development Authority of India (IRDAI) has permitted insurers to increase the sum assured and policy tenure for such […]