Tag Archives: IRDA

Latest IRDA Health Insurance Regulations 2016–17

The Insurance Regulatory and Development Authority of India announced Health Insurance Regulations 2016 on 12th July 2016. Few positives were insured to the individuals to look for. Below is the brief description of these changes: Life Insurance Companies cannot Sell Mediclaim Policies There are two types of health policies in the insurance market. They are… Read More »

Insurance Ombudsman: How To Register Complain Against Insurance Fraud

The Insurance Ombudsman was created due to a notification dated November 11, 1998, by the Indian Government. The purpose behind setting up an institution like Insurance Ombudsman was to address and solve the complaints in an impartial way. Ombudsman is of immense relevance and great importance as it safeguards the interests of policy holders. It… Read More »