February 21, 2026

Bima

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New Insurance Bill 2025: ‘Sabka Bima Sabki Raksha Bill’ cleared by Parliament; opens sector to 100% FDI

contact@dailyupdatesindia.com02 mins

NEW DELHI: The Parliament on Wednesday cleared the new insurance bill that allows 100% FDI. The “Sabka Bima Sabki Raksha Bill” was passed in Rajya Sabha, a day after getting Lok Sabha’s nod. This comes despite several Rajya Sabha opposition members’ demands that it’s referred to a Parliamentary committee fir further scrutiny. The members also…

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New insurance bill 2025: 100% FDI, protection for policyholders & more — Top things to know about Sabka Bima Sabki Raksha Bill

contact@dailyupdatesindia.com02 mins

The government on Tuesday introduced the Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025 in Parliament, but what could it mean for you? The Bill, already cleared by the Union Cabinet, aims to revolutionise India’s insurance sector, making coverage easier to access for all and setting the ambitious goal of universal protection by…

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