Cabinet Approves expansion of Ayushman Bharat: All Seniors 70+ Now Eligible for Rs5 Lakh Insurance
The Union Cabinet has taken a significant step in healthcare by approving the expansion of the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB...
MAS Team | 24 September 2024
Share
3
LIC Cautions Policyholders Against Unauthorized Policy Transfers
In a recent press release, the Life Insurance Corporation of India (LIC), the country's largest life insurance provider, has issued a strong warning...
MAS Team | 03 July 2024
Share
IRDAI Announces Final Surrender Charges for Life Insurance Products
The Insurance Regulatory and Development Authority of India (IRDAI) has unveiled the conclusive surrender charges for non-linked or linked life...
MAS Team | 28 March 2024
Share
Insurance Mis-selling: Union Govt Suggests Checks on Agents, including Recording Sales Pitch, Says Report
Insurance agents may soon be required to maintain audio-visual records of their sales pitch, where they must read out a summary of the policy...
MAS Team | 04 January 2024
Share
Irdai's Proposed Changes to Surrender Values
The Insurance Regulatory and Development Authority of India (Irdai) is set to shake up the insurance landscape with its draft product regulations,...
MAS Team | 15 December 2023
Share
Insurer launched insurance covers with add-on for damage to EV battery while charging
Zuno General Insurance, formerly known as Edelweiss General Insurance, has introduced three innovative add-on covers for electric vehicle (EV)...
MAS Team | 23 November 2023
Share
Rising Consumer Demands Prompt Measures to Enhance Clarity in Insurance Policies
In a notable shift, a growing number of policyholders are turning to consumer courts when their insurance claims face rejection or discrepancies.
MAS Team | 05 October 2023
Share
IRDAI Forms Task Force to Simplify KYC Using Aadhaar for Policyholder
The Insurance Regulatory and Development Authority of India (IRDAI) has taken substantial efforts to make the Know Your Customer (KYC) procedure for...
MAS Team | 01 June 2023
Share
IRDAI Prohibits repayment of Insurance Policy loans via Credit Cards
In a recent circular, the Insurance Regulatory Development Authority of India (IRDAI) has prohibited all life insurers from accepting loan repayments...
MAS Team | 06 May 2023
Share
To renew lapsed LIC policies that have expired, LIC runs a special revival campaign.
Life Insurance Company launched a unique initiative to reopen insurance policies that had expired, enabling policyholders to resume their coverage....
MAS Team | 17 March 2023
Share
LIC Warns Policyholder About Fake Information With Regard to Penalty Charges for KYC Update
In a public notification, the Life Insurance Corporation of India stated that it does not impose any fines on customers who fail to update their Know...
MAS Team | 23 December 2022
Share
For New Life Insurance policy, Covid-recovered Have to Wait For 3 Months
People who have recovered from Covid and wish to take a life insurance policy may have to wait for up to three months before they can avail it.
MAS Team | 21 January 2022
Share
LIC launches campaign to revive lapse policies; offers concession on late fees
Life Insurance Corporation of India (LIC) launched a special campaign for the revival of lapsed individual policies, writes The Economic Times.
MAS Team | 28 August 2021
Share
Rs 4,698.10 crore paid for death claims under PMJJBY last fiscal
The Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) has settled more than two lakh death claims of around Rs 4,700 crore in the previous financial...
MAS Team | 03 July 2021
Share
Life insurers first year premium declined by 5.6% in May
New premium income of life insurance companies declined by 5.6% to Rs 12,976.99 crore in May this year, according to the IRDAI data.
MAS Team | 11 June 2021
Share
Wife not entitled to insurance money if not contributed by deceased husband, rules Madras High Court
The wife will not be entitled to any legal share in the insured money, if her deceased husband did not contribute any premium, the Madras High Court...
MAS Team | 04 June 2021
Share
LIC eases claims process, life certificate requirements for its policies
Life Insurance Corp of India has eased its claims settlement process in a bid to help customers with the process during the pandemic, writes The...
MAS Team | 12 May 2021
Share
Term life cover to become expensive as insurers look at recouping losses from Covid
Insuring life is set to get more expensive and harder in the fiscal year starting April, writes The Economic Times. Increased comorbidity risks due...
MAS Team | 12 March 2021
Share
Insurance Cos asked to issue digital policies, use DigiLocker by IRDAI
Insurance sector regulator Irdai has asked insurers to issue digital policies to their policyholders and also tell them how to use these documents,...
MAS Team | 19 February 2021
Share
Insurance policy documents can be saved in Digilocker, says IRDAI
The Insurance Regulatory and Development Authority of India (IRDAI) told insurers to enable their IT systems to interact with Digilocker facility to...
MAS Team | 11 February 2021
Share
Dear Investor,
In case of any grievance / complaint :
In case of any grievance / complaint :
- Please contact Compliance Officer Pankaj Raheja at [email protected] and Phone No. - 91-22-35131664.
- You may also approach CEO Debashis Basu at email- id [email protected] and Phone No. - 91-22-35131664.