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Untangling mental health policy knots

Hyderabad Chronicle

Untangling mental health policy knots

IRDAI has made mental health coverage mandatory in insurance policies, but patients complain there are loopholes in some...

5 Jun 2024 12:00 AM IST

The Insurance Regulatory and Development Authority of India (IRDAI) and the General Insurance Council would be formally announcing the nationwide common cashless hospital network in a press conference on January 24. (Representational Image: Flickr)

Now you can take cashless treatment in 40,000 hospitals across country

Mumbai: Health insurance policyholders will now have access to cashless hospitalisation in around 40,000 hospitals...

9 Jan 2024 10:49 PM IST

The exposure draft, if implemented, will be draconian to the insurance industry for various reasons. Persistency levels will fall, and margins from non-participating products will fall impacting profitability. Policyholders would be incentivised to surrender their policies and buy another policy thereby impacting persistency of the business. (Representational Image Source: picpedia.org)

Panel to study impact of IRDAI's norms on higher surrender payout to...

Mumbai: Life Insurance companies have formed a committee to study the actuarial and financial impact of the insurance...

26 Dec 2023 9:57 PM IST

IRDAI Member Says Insurance Sector Needs To Reorient Itself

IRDAI Member Says Insurance Sector Needs To Reorient Itself

Mumbai: While the domestic economy is growing well, the insurance sector has been unable to keep pace with it unlike the...

4 Oct 2023 1:28 PM IST

IRDAI Relaxes Norms Relating to Foreign Reinsurance Branches

IRDAI Relaxes Norms Relating to Foreign Reinsurance Branches

Mumbai: In a move aimed at attracting more reinsurers to establish operations in India, the Insurance Regulatory and...

26 Aug 2023 1:34 PM IST