insurance act

How is a Marine Insurance Claim Settled?

Finance - Irrespective of the transportation mode chosen, lots of risks prevail in transporting goods from one place to the other. Unpredictable potholes and turbulent seas are always there to disrupt your otherwise smooth journey....

Read More

Getting complete protection against Cancer and Heart ailments isn’t that difficult anymore

Finance - Cancer and heart attacks are two of the most common diseases affecting people today. If you take a few seconds, you will certainly remember someone who has suffered or is suffering from these conditions. Fortunately, the latest technology in medical science and the marvels of modern medicine are making it easier for people to fight cancer...

Read More

Insurance For Home Makers

Finance - It has always been a question of common belief that the male member or the bread winner of the family only needs to be insured. This belief has emerged due to the fact that the financial interests of the other dependent family members had to be protected in case of death of the bread winner. […]...

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Why a personal accident insurance policy is the first insurance that you should buy?

Finance - Chances are high that you might have already bought term and health insurance policies and now you are happy that you have properly protected yourself. But before you put your insurance planning on a back seat, it is necessary to find out the gap in your insurance portfolio....

Read More

Insurance plans to help you with wealth accumulation

Finance - Today each and individual wants to live up the aspirations and dreams of his/her family and provide all kinds of comfort to them. For turning all the dreams into reality and fulfilling all the aspirations, one is required to identify all the different avenues for maximising their earnings as all aspirations and dreams have a price which n...

Read More

Unclaimed Deposits in Banks and Insurance Companies

Finance - (i) All insurers are required to display the information about any unclaimed amount above Rupees 1000/- of Policyholders in their respective web-site. (ii) A facility shall be given in the web-site of the insurer to enable Policyholders / or its dependents to find out whether any unclaimed amounts due to them are lying with the insurer....

Read More

9 Criterias to Assess Performance of Private Insurance Companies

Finance - Performance of private insurance companies are assessed through the following: - i.) Analysis of the financial statements and corporate governance report of the insurance companies on annual basis. ii.) Analysis of the statement of expenses of management and payment of commission on an annual basis....

Read More

Indian women continue to be viewed as supplementary bread earners in families

Finance - A survey, conducted by Apollo Munich Health Insurance in collaboration with Nielsen India Pvt. Ltd. in 19 cities found that despite a rise in health insurance claims filed by women, few women are coming forward to buy health insurance....

Read More

Insurance penetration in India likely to cross 4% this year: ASSOCHAM

Finance - Government’s policy of insuring the uninsured has gradually pushed insurance penetration in the country and proliferation of insurance schemes are expected to catapult this key ratio beyond 4 per cent mark by the end of this year, reveals the ASSOCHAM latest paper....

Read More

Second surveyor can not be appointed by Insurance Companies

Finance - Upholding a district forum order, the Maharashtra State Consumer Disputes Redressal Commission recently dismissed an appeal filed by an insurance firm. The commission ruled against the Oriental Insurance Company after it appointed a second surveyor t...

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Govt. notifies Insurance Ombudsman Rules, 2017

Notification No. G.S.R. 413(E) - (25/04/2017) - These rules shall be called the Insurance Ombudsman Rules, 2017. The objects of these Rules is to resolve all complaints of all personal lines of insurance, group insurance policies, policies issued to sole proprietorship and micro enterprises on the part of insurance companies and their agents and ...

Read More

Recent Posts in "insurance act"

How is a Marine Insurance Claim Settled?

Irrespective of the transportation mode chosen, lots of risks prevail in transporting goods from one place to the other. Unpredictable potholes and turbulent seas are always there to disrupt your otherwise smooth journey....

Read More
Posted Under: Finance |

Getting complete protection against Cancer and Heart ailments isn’t that difficult anymore

Cancer and heart attacks are two of the most common diseases affecting people today. If you take a few seconds, you will certainly remember someone who has suffered or is suffering from these conditions. Fortunately, the latest technology in medical science and the marvels of modern medicine are making it easier for people to fight cancer...

Read More
Posted Under: Finance |

Insurance For Home Makers

It has always been a question of common belief that the male member or the bread winner of the family only needs to be insured. This belief has emerged due to the fact that the financial interests of the other dependent family members had to be protected in case of death of the bread winner. […]...

Read More
Posted Under: Finance |

Why a personal accident insurance policy is the first insurance that you should buy?

Chances are high that you might have already bought term and health insurance policies and now you are happy that you have properly protected yourself. But before you put your insurance planning on a back seat, it is necessary to find out the gap in your insurance portfolio....

Read More
Posted Under: Finance |

Insurance plans to help you with wealth accumulation

Today each and individual wants to live up the aspirations and dreams of his/her family and provide all kinds of comfort to them. For turning all the dreams into reality and fulfilling all the aspirations, one is required to identify all the different avenues for maximising their earnings as all aspirations and dreams have a price which n...

Read More

Govt. notifies Insurance Ombudsman Rules, 2017

Notification No. G.S.R. 413(E) (25/04/2017)

These rules shall be called the Insurance Ombudsman Rules, 2017. The objects of these Rules is to resolve all complaints of all personal lines of insurance, group insurance policies, policies issued to sole proprietorship and micro enterprises on the part of insurance companies and their agents and intermediaries in a cost effective and i...

Read More

Unclaimed Deposits in Banks and Insurance Companies

(i) All insurers are required to display the information about any unclaimed amount above Rupees 1000/- of Policyholders in their respective web-site. (ii) A facility shall be given in the web-site of the insurer to enable Policyholders / or its dependents to find out whether any unclaimed amounts due to them are lying with the insurer....

Read More
Posted Under: Finance |

9 Criterias to Assess Performance of Private Insurance Companies

Performance of private insurance companies are assessed through the following: - i.) Analysis of the financial statements and corporate governance report of the insurance companies on annual basis. ii.) Analysis of the statement of expenses of management and payment of commission on an annual basis....

Read More
Posted Under: Finance |

Indian women continue to be viewed as supplementary bread earners in families

A survey, conducted by Apollo Munich Health Insurance in collaboration with Nielsen India Pvt. Ltd. in 19 cities found that despite a rise in health insurance claims filed by women, few women are coming forward to buy health insurance....

Read More
Posted Under: Finance |

Insurance penetration in India likely to cross 4% this year: ASSOCHAM

Government’s policy of insuring the uninsured has gradually pushed insurance penetration in the country and proliferation of insurance schemes are expected to catapult this key ratio beyond 4 per cent mark by the end of this year, reveals the ASSOCHAM latest paper....

Read More
Posted Under: Finance |
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