Parliament Passes Insurance Amendment Bill 2025
Parliament has approved the Insurance Amendment Bill 2025, amending three key laws: the Insurance Act, 1938, LIC Act, 1956, and IRDA Act, 1999. Read about the sector's transformation.
Parliament has approved the Insurance Amendment Bill 2025, amending three key laws: the Insurance Act, 1938, LIC Act, 1956, and IRDA Act, 1999. Read about the sector's transformation.
Parliament passes the Sabka Bima Sabki Raksha Bill, allowing 100% FDI in insurance. The bill aims to transform the sector, ease coverage access, and bring universal protection by 2047. Read the key amendments.
The new insurance bill aims for 100% FDI, easier access, and universal protection by 2047. Discover how it changes rules for LIC, IRDA, and policyholders.