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How To Port Health Insurance Policy? Know Your Rights & Step-by-step Guide To Transfer Policy

When transitioning your health insurance policy from one insurer to another, you need not forfeit the accumulated benefits you've acquired. ....

Policyholders Brace , Impact From April , Policyholder Interests , Current Insurer , Portability Form , New Insurer ,

IRDAI issues series of regulations, tweaks regulation on surrender charges

IRDAI (Insurance Products) Regulations, 2024 merge six regulations into a unified framework aimed at enabling insurers to swiftly respond to evolving market demands, enhancing the ease of conducting business, and boosting insurance penetration. These regulations promote good governance in product design and pricing, including strengthening the principles governing guaranteed surrender value & special surrender value along with disclosures thereof, IRDAI said in a statement. ....

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IRDAI Revamps Regulations, Announces Bima Sugam Platform for Robust Insurance Market

IRDAI Revamps Regulations, Announces Bima Sugam Platform for Robust Insurance Market
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New Delhi , Bima Sugam , Product Development , Development Authority Of India , Galaxy Health , Health Insurance Options , Insurance Regulatory , Development Authority , Streamlined Regulations , Policyholder Interests , Allied Matters , Insurance Products , Allied Insurance ,

Major changes in insurance regulations — new health insurer Galaxy Health, Bima Sugam, more protection for policyholders

IRDAI has approved eight principle-based regulations at its recently held board meeting. The primary ones include Bima Sugam — an online marketplace for insurance policies, product regulations regarding the surrender charges of the insurance policies, and regulations for the protection of policyholders. All you need to know ....

Bima Sugam , Development Authority Of India , Insurance Regulatory , Development Authority , Policyholder Interests , Allied Matters , Insurance Products , Electronic Marketplace , Digital Public Infrastructure ,

IRDAI clears the decks for Galaxy Health Insurance, rolls out revised regulations for industry, policyholders

The IRDAI, at its board meet, has finalised key regulations relating to Bima Sugam, higher surrender values in endowment policies and policyholder protection, besides rural and social obligations as also registration, capital structure and amalgamation of insurers. ....

Bima Sugam , Niva Bupa , Star Health , Aditya Birla Health , Development Authority Of India , Galaxy Health , Insurance Regulatory , Development Authority , Allied Insurance , Insurance Products , Digit Life Insurance , Policyholder Interests , Allied Matters ,