Finance : This guide explains why senior travellers should review travel insurance coverage, organise medical records, and plan ahead before...
Finance : Electric two-wheelers are becoming a more visible part of everyday mobility in India. As the EV market grows, riders are also begi...
Finance : Section 10(10D) provides exemption only when premium limits are within prescribed thresholds. If premiums exceed these limits, mat...
Finance : The article highlights the need for integrated travel and health insurance to manage both medical emergencies and trip disruptions...
Income Tax : Even where premium limits are exceeded, death benefits continue to be fully exempt. This ensures protection for beneficiaries. The...
Corporate Law : IRDAI approved in-principle drafting and publication of new and amended regulations following the Sabka Bima, Sabki Raksha (Amendm...
Corporate Law : IRDAI formed a sub-committee to review private health insurance and improve policyholder experience. The initiative focuses on exp...
Corporate Law : The issue concerns identification of systemically important insurers. The regulator retained the same entities, emphasizing their ...
Corporate Law : IRDAI directs insurers to follow anti-dark pattern guidelines and submit compliance reports. The move strengthens consumer protect...
Corporate Law : The Government clarified that claim rejections are based on policy conditions like exclusions and OPD classification. IRDAI mandat...
Corporate Law : Supreme Court held that insurers impleaded as parties can raise all grounds, including quantum challenges. It remitted the case fo...
Income Tax : The SC upheld that reinsurance premiums paid to foreign entities are not taxable in India. It confirmed that absence of income acc...
Income Tax : The High Court held that reinsurance premiums paid to non-residents are not taxable in India and no TDS is required. It upheld Tri...
Corporate Law : SC affirmed a fire insurance claim after insurer attempted repudiation based on an arbitrary surveyor's report. Ruling held that o...
Corporate Law : Supreme Court rules pre-2015 life insurance policies were freely transferable, affirming High Court's decision against LIC's refus...
Corporate Law : The regulator held that agreements lacking clear fee provisions undermined contractual clarity and regulatory compliance. A penalt...
Corporate Law : IRDAI has directed insurers to disclose performance-linked remuneration details of Key Management Persons on their websites. The c...
Corporate Law : The case involved a broker implementing substantial shareholding changes without obtaining IRDAI's prior approval as required by r...
Corporate Law : The Authority found that core survey functions were carried out by unlicensed personnel. It held that such outsourcing violated re...
Corporate Law : The regulator cancelled a surveyor’s licence after finding false records, mismatched filings, and inaccurate disclosures. The ru...
This guide explains why senior travellers should review travel insurance coverage, organise medical records, and plan ahead before overseas trips. Proper preparation can simplify responses during covered medical emergencies abroad.
The regulator held that agreements lacking clear fee provisions undermined contractual clarity and regulatory compliance. A penalty of ₹1 crore was imposed for violations of MISP guidelines.
IRDAI has directed insurers to disclose performance-linked remuneration details of Key Management Persons on their websites. The circular aims to improve governance, policyholder protection, and accountability in the insurance sector.
The case involved a broker implementing substantial shareholding changes without obtaining IRDAI’s prior approval as required by regulations. IRDAI held that the violation was established but issued a warning considering corrective measures and future compliance commitments.
IRDAI approved in-principle drafting and publication of new and amended regulations following the Sabka Bima, Sabki Raksha (Amendment of Insurance Laws) Act, 2025. The regulations are to be framed within six months from the law coming into force.
Electric two-wheelers are becoming a more visible part of everyday mobility in India. As the EV market grows, riders are also beginning to think about coverage in a more detailed way. That is why bike insurance for electric models is now discussed with more attention than before. For many buyers, electric bike insurance is no […]
The Authority found that core survey functions were carried out by unlicensed personnel. It held that such outsourcing violated regulatory norms and warranted licence cancellation.
The regulator cancelled a surveyor’s licence after finding false records, mismatched filings, and inaccurate disclosures. The ruling highlights strict compliance expectations in maintaining survey data.
The case involved submission of a forged diploma for obtaining and renewing a licence. The Authority held that continued reliance on a known fake document amounted to misrepresentation and cancelled the licence.
Section 10(10D) provides exemption only when premium limits are within prescribed thresholds. If premiums exceed these limits, maturity proceeds become taxable. The key takeaway is that compliance with premium-to-sum assured ratios determines tax exemption eligibility.
