The Insurance Regulatory and Development Authority of India (IRDAI) asked all life and non-life insurance companies to set out their transgender underwriting rules on their websites on Tuesday in order to increase transparency.

Health insurance for transgenders: Spell out all underwriting rules, says IRDAI

Non-life insurer SBI General Insurance Company Ltd was fined Rs.25 lakh (2.5 million) by the Insurance Regulatory and Development Authority (IRDAI) for violation of regulations relating to motor third party insurance obligations.

Indian insurance regulator IRDAI slaps 2.5 million rupees of fines on SBI General

Several companies in the UK have cut travel insurance due to the coronavirus even as travellers have been seeking cover during their stay away from home. Also Read: US Capitol closed to public after staffer tests positive for coronavirus The move comes even as India's insurance regulator IRDAI instructed all insurers to include medical cover for COVID-19, the insurance authority's notification says that medical expenses during the quarantine period will also be reimbursable.

Coronavirus insurance: India moves to protect patients as UK companies limit cover

irdai

Irdai, News on Irdai, stories on Irdai, articles on Irdai, Irdai stories at Wion, Irdai news, Irdai latest news