Insurers are shying away from offering life cover to women during pregnancy. Lack of clarity and misinformation on the matter is leading to confusion and agony for many. “I contacted a major insurance broker seeking life insurance as an Indian citizen in the United States. Despite selecting a policy and completing paperwork, I was denied coverage upon revealing my pregnancy when questioned,’‘ Manisha, an Indian citizen who is now living in the US, told businessline. She also approached about half a dozen individual insurers who declined her application for life...
The Insurance Regulatory and Development Authority of India (IRDAI) has set up a standing committee on cyber security to regularly review the threats...
The Insurance Regulatory and Development Authority of India (IRDAI) introduced new measures allowing more choices and benefits for policyholders with withdrawn life insurance...
There is a need to design special insurance products for disabled citizens to bring India at par with developed countries and global insurance module standards,...