Latest news and updates about term insurance in India
IRDAI’s final mis-selling rules, notified on 30 July 2026, will name the seller on every intermediary-sold policy from 1 January 2027 and make large intermediaries publish their commission. They do not cut commissions.
Home loan insurance shrinks as you repay and pays the bank, not your family. Group loan cover still carries 18% GST, and IRDAI now proposes to ban compulsory bundling. Here’s how it compares with term insurance, and why loan cover alone isn’t enough.
IRDAI has asked insurers to define “claim” and standardise claim settlement ratio. The answer matters for every term insurance buyer comparing CSRs.
100% FDI, Bima Trinity, zero GST, and a distribution reform crackdown. Every 2026 insurance reform explained with what it means for you.
IRDAI is collecting granular commission data from every life insurer. The numbers explain why agents push endowments over term plans — and what the commission restructuring could change.
NHRC issued a notice to IRDAI after disabled persons were denied life insurance. The legal framework, IRDAI guidelines, and your rights as a buyer explained.