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Did you know that third-party liability insurance is to be capped at Rs. 10 lakh? Read ahead to know all about this new proposed revision in the Motor Vehicles Act.

After rolling out the passenger insurance scheme at 92 paise, the Indian Railways will also cover passenger belongings such as baggage, mobiles, and laptops.

As per issues raised by the Motor Accident Claims Tribunal, the Motor Vehicle (Amendment) Bill, 2016 which capped insurance compensation to victims has been called for a review.

Passengers travelling in local railways can now heave a sigh of relief as Indian Railways has come up with an initiative to offer train travel insurance at the cheapest premium possible.

IRDA has stated that from October onwards, buying insurance policies would require an e-account. Learn how this initiative makes it convenient for insurance seekers.

Policyholders can now rejoice as health insurance firms will be providing a wide range of products that one can choose from.

IRDA has declared that after a period of three years, insurers can revise the price of health insurance products based on their experience.

Policyholders can be stress-free as IRDA has issued a directive where insurance companies cannot force claimants to sign on payment receipts collected in advance.

It has been recently proposed that drivers’ treatment cost should also be covered up to a certain limit. Read on to know more about the recommendations.

The Transport Ministry has proposed to consider soft copies of driving license and other essential documents for the verification while on the road.

IRDA's vigilance on the mergers and acquisitions of insurers comes as a relief to policyholders. Learn more about this initiative that has been taken by IRDA.

IRDAI has released a draft regulation authorizing e-commerce portals to sell insurance online. Find out how it can help in insurance penetration and benefit insurers and policyholders.