IRDAI Current Affairs, GK & News
IRDAI Launches Standard Personal Accident Cover
The Insurance Regulatory and Development Authority (IRDAI) has launched a standard personal accident cover called Saral Suraksha Bima. This accident cover will be mandatorily offered by the general and health insurers from April 1, 2021. Saral Suraksha Bima This product has assured maximum sum of Rs 1 crore while the minimum assured sum of Rs ..
Month: Current Affairs - February, 2021
Category: Economy & Banking Current Affairs
Topics: Insurance Regulatory and Development Authority • IRDAI • personal accident cover • Saral Suraksha Bima
Bharat Griha Raksha Policy: The Home Insurance Policy
The IRDAI is to introduce standard products covering the risk of fire and allied perils. The policy being introduced is to replace the Standard Fire and Special Perils Policy. It has three main components namely the Bharat Griha Raksha, Bharat Laghu Udyam Suraksha and Bharat Sookshma Udyam Suraksha. What is Bharat Griha Raksha? Under the ..
Month: Current Affairs - January, 2021
Category: India Nation & States Current Affairs
Topics: Agricultural insurance • fire insurance • Government Policies • home insurance • IRDAI • Natural Disasters • Policies
IRDAI proposes Standard Travel Insurance policy
The Insurance Regulatory and Development Authority of India (IRDAI) recently proposed the “Standard Travel Insurance Policy”. The Policy aims to ensure insurance coverage during domestic as well as international travel. The IRDAI recently released a draft ‘Guidelines on Standard Travel Insurance Policy’. About the Guidelines The Guidelines states that standard travel insurance products would be ..
Month: Current Affairs - December, 2020
Category: Economy & Banking Current Affairs
Topics: Domestic Tourism • Government Policies • IRDAI • Policies • travel insurance
What is IAIS?
International Association of Insurance Supervisors (IAIS) is a voluntary membership organisation of insurance supervisors and regulators from more than 200 jurisdictions constituting 92% of the world’s insurance premiums. It is the international standard setting body in charge of developing and assisting in the implementation of principles, standards and other supporting materials for the supervision of ..
Month: Current Affairs - December, 2020
Category: Economy & Banking Current Affairs
Topics: Foreign Direct Investment (FDI) • IFSC • Insurance Regulatory and Development Authority • IRDAI • Malhotra committee • Saral
GoI issues rules to manage Mental Illness amid COVID-19
The Ministry of Health and Family Welfare issued guidelines to manage mental illness during COVID-19 pandemic. The guidelines will help protect vulnerable patients and frontline health care workers. This is being done to reduce risk of COVID-19 exposure and protect patients against psychiatric disorders. Highlights The guidelines were issued based on the recommendation of Indian ..
Month: Current Affairs - November, 2020
Category: Economy & Banking Current Affairs
Topics: COVID-19 • ICMR • Indian Council of Medical Research • IRDAI • Mental health • WHO • World Mental Health Day