Irda to set up integrated grievance redressal cell
Insurance watchdog Irda will set up a centralised grievance redress mechanism to ensure that the problems of customers in the life and non-life sectors are addressed in a time-bound manner.
Read more on Business Standard India
Health insurance cashless dispute getting resolved: IRDA
“The issue is getting resolved. There are more hospitals in the network of government owned insurers – over 400 – as compared to around 300 prior to the dispute,” IRDA Chairman J. Hari Narayan told reporters here.
Read more on New Kerala
Ulips life insurance products, Irda to regulate, rules govt
The government has put to rest the two-month-long turf war between insurance regulator Irda and capital market watchdog Sebi, clarifying that life insurance business includes any unit-linked insurance policy, scripts or similar instruments. “Life insurance business shall include any Ulip or any such instruments. This would set [...]
ULIP policies must come with life cover, says IRDA
New Delhi, May 4 (PTI) Insurance regulator IRDA, locked in a turf war with capital market watchdog Sebi over regulation of unit-linked policies, has reemphasised that insurers should offer assured life insurance cover with ULIPs.
Read more on Press Trust of India
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