Insurance Act 1938 Current Affairs, GK & News

IRDAI: Health Insurance and Motor Insurance Filing Process Standardised

The Insurance Regulatory and Development Authority of India (IRDAI) recently standardised the technical notes for filing health and motor insurance policies. The IRDAI has lately been taking up several initiatives to standardise the health insurance products in the country. This is mainly being done to reduce the complexities faced by the customers at the time ..

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Rajya Sabha passes Insurance Amendment Bill

The Rajya Sabha has passed the “Insurance Amendment Bill 2021”. The Bill will amend the Insurance Act, 1938. The bill was passed even after the Opposition parties was criticising the bill for its clause that enable “control and ownership” by the foreign investors. Key Provisions of the bill The bill will increase the limit of ..

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