The Insurance Regulatory and Development Authority of India (Irdai) has enforced stricter timelines for insurance companies to boost accountability and customer service. Changes include faster settlement of death claims, quicker processing of policy surrenders, and prompt handling of health insurance claims. Customers can approach the ombudsman if these deadlines are not met.
Related Posts
ICICI Prudential Life’s Q2 profit rises to Rs 252 crore
ICICI Prudential Life Insurance witnessed a 3% increase in net profit for the September quarter, reaching Rs 252 crore. Total income, net premium earned, and […]
Adani Group stocks surge up to 7% as market looks beyond Gautam Adani US indictment
Adani Group stocks surged up to 7% as investors gained confidence in the company’s ability to contest US charges of bribery and fraud. Legal experts […]
Taiwan’s Delta Electronics plans to double Indian workforce, add 3000 employees in five years
Taiwan’s Delta Electronics is set to nearly double its Indian workforce from 3,500 to 6,500 employees over the next five years. The company has opened […]