Some recommendations from IRDAI that will affect your car’s insurance policy.
The insurance regulator had earlier mandated non-life insurance providers to offer the standard health insurance policy from April 1, 2020, onward.
With this move, IRDAI aims to bring in uniformity and greater transparency to insurance contracts
Arogya Sanjeevani Policy needs to cover the basic needs of customers with a minimum insured sum of Rs 1 lakh and a maximum of Rs 5 lakh
The lesser you drive and the safer your driving habits are, the lower your insurance premiums will be. Here's how.
All new policies being launched have to comply with these new guidelines. Existing policies have to make amendments by October 2020.
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