New Delhi: A working group set up by insurance regulator Irdai will look at reviewing the regulations on formulae of current Motor Third Party obligations. “The working group to revisit the IRDAI (Motor Third Party Obligation in respect of insurers), Regulations 2015,” the Irdai said. Sec 32D of the Insurance Act, 1938 requires every insurer […]
New Delhi: Insurance regulator IRDAI has again extended the grace period for premium payment or renewal of life insurance policies, which were due in March, till May 31. “As the lockdown has been extended up to May 17, keeping in view the difficulty faced by some policyholders in renewing their policies in time, the IRDAI […]
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