unclaimed hospitals received surprise know claims complexes district stated finance size valid lorry life approved account telematics awareness funds cash official karnataka tax model senior noida citizens loans used owners

Articles for Irda

Aviva’s India officials approved brokerage model queried by taxmen
1 week, 4 days ago

Aviva’s India officials approved brokerage model queried by taxmen

Live Mint  

* Tax woes a major legal challenge for Aviva India * Tax officials accuse it of paying agents excess brokerage * Many top India executives signed off on brokerage system * Aviva says it is co-operating with Indian agency By Aditya Kalra and Nikunj Ohri NEW DELHI, Dec 13 - An Aviva business model that Indian tax officials say was …

India Indian Reuters Icici Aviva This Arrangement Officials Approved
"Cannot Force Citizens To Run From Pillar To Post": Bombay HC Slaps ₹1 Lakh Cost On Insurance Company For Circumventing Ombudsman's Order
1 week, 6 days ago

"Cannot Force Citizens To Run From Pillar To Post": Bombay HC Slaps ₹1 Lakh Cost On Insurance Company For Circumventing Ombudsman's Order

Live Law  

The Bombay High Court on Monday, while slapping exemplary costs of Rs 1 lakh on an insurance company, ordered the Insurance Regulatory and Development Authority and the Ministry of Finance to consider coming up with a mechanism to keep a check on insurance companies as to whether they are complying with the orders of the Insurance Ombudsman.A division bench of …

Insurance Pay Ombudsman Officials Lakh Bench Insurance Companies
IRDA, insurance companies must raise awareness on different modes of payments: Madras HC
9 months ago

IRDA, insurance companies must raise awareness on different modes of payments: Madras HC

New Indian Express  

MADURAI : Wondering why insurance companies are accepting policy premiums from vehicle owners through cheques, despite a 2002 notification issued by the Insurance Regulatory and Development Authority allowing companies to receive premiums through e-transfer or card payments, the Madurai Bench of the Madras High Court observed that it is high time that the IRDA and insurance companies raise awareness about …

Insurance Companies Insurance Companies Irda
Hotel exec defrauded with claims of getting life insurance of deceased father
1 year, 6 months ago

Hotel exec defrauded with claims of getting life insurance of deceased father

Hindustan Times  

MUMBAI: A hotel executive was defrauded to the tune of ₹9.5 lakh by cyber frauds who posed as insurance agents, and claimed they would help her withdraw an insurance amount of around ₹25 lakh based on a policy taken by her recently deceased father. HT Image In her complaint to the police, Sakinaka resident Daksha Ghadi said she was in …

Insurance
All-in-one policy plan to spread insurance in India
1 year, 6 months ago

All-in-one policy plan to spread insurance in India

The Hindu  

If India’s insurance regulator’s plans fructify, households across the country could soon be able to get an affordable single policy that covers health, life, property and accident, get their claims settled within hours, and even secure value-added services such as gym or yoga memberships at the time of buying a policy. In an ambitious bid to expand the poor insurance …

India Policy Insurance Panda Irda
Ensure Insurance Companies Transfer Unclaimed Policy Amounts To Senior Citizen Welfare Funds : Karnataka HC Directs IRDA
3 years, 3 months ago

Ensure Insurance Companies Transfer Unclaimed Policy Amounts To Senior Citizen Welfare Funds : Karnataka HC Directs IRDA

Live Law  

The Karnataka High Court on Wednesday directed the Insurance Regulatory and Development Authority to ensure that all insurance companies follow the master circular issued by it and the companies transfer unclaimed amounts to the Senior Citizens Welfare Funds, established under the Finance Act, 2015. Counsel for the IRDA informed the court that the Government of India has enacted the Senior …

Insurance Welfare Transfer Companies Fund Funds Citizens
Covid-19: IRDAI asks hospitals to not discriminate between cash, cashless insurance plans
3 years, 7 months ago

Covid-19: IRDAI asks hospitals to not discriminate between cash, cashless insurance plans

India Today  

The Insurance Regulatory and Development Authority on Tuesday urged hospitals not to discriminate between patients having cash and cashless policies while treating Covid-19 cases. The IRDA missive comes amid reports that some families of Covid-19 patients were allegedly forced to opt for cash payment for settling hospital bills despite having cashless insurance policies. News you can use | Covid-19: Understanding …

Insurance Cash
Pollution Under Control (PUC) Certificate Must For Renewal Of Motor Insurance Policies : IRDA Tells Insurers
4 years, 4 months ago

Pollution Under Control (PUC) Certificate Must For Renewal Of Motor Insurance Policies : IRDA Tells Insurers

Live Law  

The Insurance Regulatory and Development Authority has issued a circular to insurance companies asking them to ensure that policy holders provide a valid Pollution Under Control Certificate at the time of renewal of their motor insurance policy.The circular issued on August 20, 2020 has advised general insurance providers to not renew any motor vehicle's insurance policy without. The circular issued …

Insurance Delhi Court Pollution Control Order Vehicle