Master Circular News Today

The Insurance Regulatory and Development Authority of India (IRDAI) made major changes in the regulatory norms for health insurance policies and issued a comprehensive Master Circular on Health Insurance Products repealing 55 circulars. IRDAI said that the insurer must grant final authorisation within three hours of receiving receipt of discharge request from the hospital. Health insurance: The IRDAI issued a comprehensive Master Circular on Health Insurance Products repealing 55 circulars.

The IRDAI stated that in emergency cases the insurers must decide on cashless authorisation requests immediately.

Get latest articles and stories on Business at LatestLY. The Insurance Regulatory and Development Authority of India (IRDAI) has directed the insurance companies to settle the cashless claims within one hour of hospital admission and the claim settlement with three hours of hospital discharge. Business News | Cashless Claims Within an Hour and Discharge from Hospital in 3 Hours Says IRDAI's Master Circular.

The regulator has asked the exchanges to respond to the brokers application much faster than the present timeline

IRDAI revamps health insurance norms for policyholder empowerment, seamless claims experience, wider product choices, and no claim bonuses.

IRDAI also said policyholders should be provided wider choices by the insurers by making available products/add-ons/riders by offering diverse insurance products.

The Securities and Exchange Board of India (SEBI) has announced a modification in the minimum duration of the staggered delivery period for commodity futures contracts.

NOTICES Notice No. 20240523-23 Notice Date ...

The Securities and Exchange Board of India (SEBI) has released a Master Circular specifically aimed at Environmental, Social, and Governance (ESG) Rating Providers (ERPs). This circular, announced...

The Reserve Bank of India imposed penalties on three urban cooperative banks as well as extended the