Insurance policy: IRDAI issues guidelines on holders’ protection rights for life, health plans. Check details 

Insurance policy: IRDAI issues guidelines on holders’ protection rights for life, health plans. Check details 

The Insurance Regulatory and Development Authority of India (IRDAI) has issued  a master circular on Protection of Policyholders’ Interests 2024, which gives details on norms on the protection of policyholders’ interests. The latest circular combines policyholder entitlements into a comprehensive reference document. It focuses on measures towards providing a seamless, faster and hassle-free claims settlement … Read more

Health insurance: IRDAI sets 3-hour time limit for insurers to clear cashless claims. Details here

Health insurance: IRDAI sets 3-hour time limit for insurers to clear cashless claims. Details here

The Insurance Regulatory and Development Authority of India (IRDAI) has made some major changes in the regulatory norms for health insurance policies. The regulator has issued a comprehensive Master Circular on Health Insurance Products repealing 55 circulars. All the entitlements in a health insurance policy available to a Policyholder have been brought in one place … Read more