We have all been there. You are looking through a health insurance policy document, feeling reasonably good about taking control of your financial future, and then you get hit with legal jargon. Among the most confusing terms you will encounter is the waiting period. Thinking about what it is? A
India’s health insurance sector is seeing a series of changes in 2026, from new products and tighter protections for policyholders to proposals that could reshape how insurers, hospitals and patients deal with medical costs. The government has launched a new health insurance product for Central Government Health Scheme (CGHS) beneficiaries.
On March 17, 2026, Pankaj Chaudhary, Union Minister of State in the Ministry of Finance, quoting IRDAI data, said 2,57,790 complaints were filed against insurers in FY 2024-25. The data covered life and non-life insurers. Replying to a question by a Rajya Sabha MP, Chaudhary also said claims repudiated without
Retail health insurance was the strongest segment in India’s non-life market in July 2026, growing 31 per cent year on year even as overall industry premiums excluding crop slowed to 12 per cent from 18 per cent in June. Kotak Institutional Equities linked the momentum to sustained demand following the
Bima Sugam allows agent-assisted insurance purchases, while new IRDAI rules will make it easier for buyers to identify who sold them a policy. Insurance agents and intermediaries can sell and service policies through Bima Sugam under the platform’s assisted-sales model. The latest insurance distribution rules now add another layer of
Motor-policy renewals now have another digital channel: the IRDAI-backed Bima Sugam marketplace, alongside the familiar agent and private aggregators. The honest answer to which door is best depends on what the renewal actually needs, so here is the comparison, channel by channel. One caveat up front: Bima Sugam’s renewal window
The Insurance Regulatory and Development Authority of India (IRDAI) is tightening its enforcement framework, giving greater structure to how suspected violations by insurers and other regulated entities are examined, heard and acted upon. For policyholders, stronger regulatory scrutiny could mean greater accountability. The changes are part of IRDAI’s broader effort
India’s life insurance market delivered strong headline growth in July 2026, but the numbers looked very different depending on where the premium came from. New business premiums collected by life insurers rose nearly 21% year-on-year to ₹47,004.84 crore in July. But group single-premium collections jumped almost 31%, from ₹21,280.53 crore
