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IRDAI

IRDAI Imposes Rs 2 Crore Fine on HDFC Life

IRDAI fines HDFC Life Insurance Rs 2 crore for violating policyholder interests and outsourcing rules, following a 2020 inspection.
LIC

LIC Warns Policyholders Against Companies Offering to Buy Their Insurance Plans 

LIC warns policyholders about third-party offers to acquire policies, urging caution and consultation with LIC officials.
IRDAI

IRDAI’s New Rule: Insurers Can’t Sell ULIPs, Index-linked Products As Investment Schemes

Learn about IRDAI's new rule prohibiting insurers from selling ULIPs and index-linked products as investment schemes to prevent misselling.
IRDAI

IRDAI’s Special Surrender Value (SSV) Rule: Get Some Premium Back Even After 1 Year!

IRDAI mandates higher special surrender value for endowment policies, offering refunds even after one year for increased flexibility.
Life Insurance

IRDAI makes Policy Loans mandatory under non-linked Life Insurance savings products 

IRDAI mandates Policy Loans for non-linked Life Insurance savings products. Free look period extended to 30 days for policyholders.
Three out of four health plans of HDFC, discontinued

HDFC ERGO Withdraws Three Variants of My Health Suraksha Health Insurance Plans

HDFC ERGO General Insurance has announced the withdrawal of three variants of its popular health insurance product
Bima Vistaar

What is Bima Vistaar, IRDAI’s all-in-one Insurance Policy?

Priced at Rs 1500 per policy, Bima Vistaar is designed to be affordable and accessible to a wide range of consumers.
Life insurance cover

How Much Life Insurance Do You Need? Use DIME Method to Calculate

Do you want to know how much life insurance coverage is sufficient for you? Use the DIME method to calculate your cover. Know how
term insurance for smoker

How does Smoking increase your Life Insurance Premium?  Ditto’s CEO explains 

Smoking can increase your term insurance premium, so should you declare it or not? Find out