Bima Vistaar priced at Rs 1,500: Life, health, property insurance bundled in one product | Know features and benefits - Money News financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
Bima Vistaar is a composite insurance policy offering life, health, accident and property coverage, primarily targeted at rural India. Vistaar, along with Bima Sugam, the online insurance marketplace and Bima Vaahak, the distribution channel, could transform insurance in India.
All in one insurance plan: IRDAI may price Bima Vistar at around ₹1,500 per individual thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Regulatory Push: IRDAI's two-day brainstorming session with insurers begins in Hyderabad thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
The Insurance Regulatory and Development Authority of India (IRDAI) is considering measures to enhance governance in the insurance sector. One proposal involves requiring prior approval from IRDAI for the appointment of insurance chairmen, aligning with practices in the banking sector. The regulator is also exploring the establishment of mandatory committees, including an Asset-Liability and Ethics Committee, and a board-approved Environmental, Social, and Governance (ESG) and Climate Risk Framework.