IRDAI Unveils Comprehensive Motor Insurance Reforms for Customer Convenience
The Insurance Regulatory and Development Authority of India (IRDAI) has introduced a series of reforms aimed at enhancing the motor insurance...
MAS Team | 12 June 2024
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Income Tax Department Extends Deadline for PAN-Aadhaar Linking
The Income Tax Department has extended the deadline for linking Permanent Account Numbers (PAN) and Aadhaar Numbers for taxpayers who missed the...
MAS Team | 29 April 2024
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IRDAI's Regulatory Overhaul: Navigating Insurance Reforms
The Insurance Regulatory and Development Authority of India (IRDAI) recently unveiled a series of significant regulatory changes aimed at...
MAS Team | 27 March 2024
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IRDAI made it mandatory for general insurers to cover mental illness, HIV and PwDs
eneral insurers and independent health insurers in India are now required by the Insurance Regulatory and Development Authority of India (IRDAI)
MAS Team | 01 March 2023
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New IRDAI Regulations: KYC is mandatory for all insurance buyers
It was not necessary to complete KYC in order to purchase insurance policies prior to January 1, 2023.However,
MAS Team | 24 January 2023
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ICICI Lombard General Insurance Launches New Range of Products
General Insurance company ICICI Lombard has come up with a line-up of 14 new Insurance solutions across Health, Motor and Corporate segments.
MAS Team | 09 December 2022
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Government Notifies Increase in Motor Third Party Insurance Premium from 1st June
The central government has approved the new base premium rates for third party motor vehicle insurance.
MAS Team | 27 May 2022
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Insurance Firms Refusing Claims on Flimsy Grounds in Many Cases; Shouldn't be Too Technical: SC
Insurance companies are refusing claims in many cases on
MAS Team | 21 May 2022
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IRDAI Warns Against Buying Health Insurance Plans From Even Healthcare
On 13th April, the Insurance Regulatory and Development Authority of India (Irdai) issued a notice in public interest warning against buying health...
MAS Team | 16 April 2022
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LIC: Last Chance To Revive Your Lapsed Policies; Check Details Here
If you have taken a policy from the Life Insurance Corporation of India (LIC) and it has lapsed, then there is an opportunity to revive it. The LIC...
MAS Team | 17 March 2022
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LIC Alerts Customers Regarding Kanyadan Policy
Insurance behemoth Life Insurance Corporation of India offers a gamut of policies so as to assist in securing a person's financial future. However,...
MAS Team | 17 March 2022
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Mere Delay in Intimating Insurer of Vehicle Theft No Ground For Denying Claim, Says SC
The Supreme Court on Friday held that an insurance company cannot reject a claim on the basis that there was a delay in communicating the theft of a...
MAS Team | 12 February 2022
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Tax Benefit on Insurance For Disabled
In a relief to the disabled as well as their guardians, the Budget 2022 has introduced a minor taxation tweak in the insurance product for disabled.
MAS Team | 04 February 2022
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Nearly 30% of Indian population don't have any health insurance: Survey
Nearly 30% or 42 crore of Indian population don’t have any health insurance. The actual may be higher due to gaps in the existing scheme and...
MAS Team | 05 November 2021
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Non-payment of premium and lapsed policies will lead to rejection of insurance claim: SC
An insurance claim can be rejected if the policy has lapsed on account of non-payment of premium, said the bench of Justices Sanjiv Khanna and Bela M...
MAS Team | 03 November 2021
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Axis Mutual Fund Reclassifies its Dynamic Equity Fund as Balanced Advantage Fund
Axis Mutual Fund has renamed and re-positioned its four year old Axis Dynamic Equity Fund as Balanced Advantage Fund.
MAS Team | 09 October 2021
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Insurance claims on vehicle without valid registration will be denied, says SC
Insurance claim can be denied if the vehicle does not have valid registration, the Supreme Court said while rejecting a claim in theft of a car which...
MAS Team | 01 October 2021
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Madras HC’s order for mandatory bumper-to-bumper car insurance put on hold
The Madras High Court has put on hold its earlier order mandating bumper-to-bumper cover for new vehicles sold from September 1, as reported by...
MAS Team | 03 September 2021
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Madras HC mandates bumper-to-bumper car insurance from 1 September
The Madras High Court ruled that
MAS Team | 28 August 2021
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Insurers settled 15.39 lakh health and 48,000 life claims during second wave of Covid
India’s health and life insurance companies have settled 15.39 lakh medical claims exceeding an amount of Rs 15,000 crore and over 48,000 life...
MAS Team | 25 June 2021
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