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5 Questions You Should Ask Your Insurance Advisor

Finance : Discover the crucial questions you should ask your insurance advisor to ensure you get the right coverage. Learn more about policy...

July 9, 2024 819 Views 0 comment Print

Health and Life Insurance: How much coverage amount is necessary?

Finance : Learn how to determine the right coverage for health and life insurance. Discover the best plans and tips for securing your family...

June 27, 2024 960 Views 0 comment Print

Insurers and TPAs as Data Fiduciaries: Challenges and Solutions

Corporate Law : Explore the complexities faced by insurers and TPAs as data fiduciaries, navigating regulatory landscapes. Learn strategies and im...

May 13, 2024 738 Views 0 comment Print

Travel Insurance Claims: Handling Flight Delays and Cancellations

Finance : Are you tired of the daily grind and craving a break from the routine? Many of us look forward to that one special trip each year,...

April 26, 2024 723 Views 0 comment Print

Landscape of General Insurance in India: Categories & Regulatory Structure

Corporate Law : Explore the landscape of general insurance in India, covering categories, regulatory structures, historical developments, legal fr...

March 18, 2024 384 Views 0 comment Print


Latest News


IRDAI Master Circular on Submission of Returns

Corporate Law : Explore IRDAIs consolidated Master Circular on Submission of Returns effective April 2024. Simplify compliance with 202 regulatory...

June 14, 2024 669 Views 0 comment Print

IRDAI’s Regulatory Revamp: A Paradigm Shift in Insurance Sector 

Corporate Law : Discover how IRDAI's recent regulatory overhaul aims to foster innovation, competition, and sustainable growth while protecting po...

March 24, 2024 747 Views 0 comment Print

Draft IRDAI (Protection of Policyholders’ Interests & Allied Matters of Insurers) regulations 2024

Corporate Law : Learn about the draft IRDAI (Protection of Policyholders' Interests & Allied Matters of Insurers) regulations 2024, including prov...

February 15, 2024 1287 Views 0 comment Print

Draft IRDAI (Rural, Social Sector & Motor Third Party Obligations) Regulations, 2024

Corporate Law : Explore the key provisions & implications of IRDAIs proposed regulations on rural, social sector & motor third party obligations. ...

February 8, 2024 807 Views 0 comment Print

Draft IRDAI Regulations 2024: Registration, Capital, Shares Transfer & Amalgamation

Corporate Law : Explore the proposed IRDAI Regulations 2024, consolidating key insurance rules. Learn about changes, clarity on capital structure,...

February 5, 2024 597 Views 0 comment Print


Latest Judiciary


Doubt in Surveyor’s Report Leading to Non-Assessment by Insurance Company constitute Service Deficiency

Corporate Law : In present facts of the case, the National Commission observed that where the Final Surveyor’s Report credibility becomes doubtf...

October 12, 2023 777 Views 0 comment Print

Insurance Policy applicable to whole India & not limited to concerned premises of Insured

Corporate Law : In present facts of the case, the National Commission allowed the Revision Petition filed by the Complainant by making observation...

October 11, 2023 525 Views 0 comment Print

Insurance Claim Rejection Unjustified: No Link Between Depression & Fatal Cardiovascular Arrest

Corporate Law : In present facts of the case, the Revision Petition have been filed by the Petitioner – LIC against Respondents under section 21...

October 11, 2023 678 Views 0 comment Print

Motor Accident Claim: Tyre Burst is not an ‘Act of God’ & Insurance Company is liable to pay Compensation

Corporate Law : Tyre burst is not an act of God but a consequence of negligence and the Driver/ Insurance company cannot be exonerated for the sam...

March 16, 2023 3369 Views 0 comment Print

Court is required to ensure that prima facie a genuine arbitrable dispute exists

Corporate Law : Oriental Insurance Company Limited Vs Dacite Furnishing Limited (Supreme Court) For deciding the application under Section 11(6) o...

December 28, 2022 1230 Views 0 comment Print


Latest Notifications


IRDAI Penalizes Prowess Insurance Brokers for regulatory violations

Corporate Law : IRDAI issues a penalty of Rs. 37 lakhs to Prowess Insurance Brokers for regulatory violations. Read the full order details and imp...

July 17, 2024 66 Views 0 comment Print

IRDAI Fines Bandhan Life Insurance ₹1 Crore for AML & Policyholder Protection Breaches

Corporate Law : Explore IRDAI's final order on Aegon Life Insurance (now Bandhan Life) regarding violations of AML and policyholder protection reg...

July 17, 2024 75 Views 0 comment Print

ITC Entitlement for Insurance Companies on Motor Vehicle Repair Expenses under Reimbursement Claims

Goods and Services Tax : Clarification on ITC entitlement for insurance companies on motor vehicle repairs under reimbursement claim settlement as per CGST...

June 26, 2024 447 Views 0 comment Print

IRDAI Master Circular on Operations and Allied Matters of Insurers

Corporate Law : IRDAI introduces new insurance reforms focusing on policyholder empowerment, grievance redressal, and transparency in operations. ...

June 19, 2024 528 Views 0 comment Print

IRDAI Master Circular on Life Insurance Products

Corporate Law : Read about the latest reforms in the Indian life insurance sector by IRDAI, aimed at simplification, transparency, and informed de...

June 12, 2024 783 Views 0 comment Print


Motor Accident Claim: Tyre Burst is not an ‘Act of God’ & Insurance Company is liable to pay Compensation

March 16, 2023 3369 Views 0 comment Print

Tyre burst is not an act of God but a consequence of negligence and the Driver/ Insurance company cannot be exonerated for the same.

Finance Bill 2023: A Right Direction For Life Insurance

February 18, 2023 5187 Views 0 comment Print

It may be pertinent to note that the legislative intent of providing exemption under clause (10D) of section 10 of the Act has been to further the welfare objective by subsidising the risk premium for an individual’s life and providing benefit to small and genuine cases of life insurance coverage.

Income from Insurances policies taxable if annual premium exceeds Rs. 500000

February 4, 2023 12123 Views 0 comment Print

Income from insurance policies (other than ULIP) having premium or aggregate of premium above Rs 5,00,000 in a year shall be taxable under the head income from other sources

Budget 2023: Tax Exemption on life insurance policies & payments to MSEs

February 3, 2023 14535 Views 1 comment Print

Understand the Union Budget 2023 tax exemption on life insurance policies & payments to MSEs. Learn about Section 10 (10D) income tax exemption on premiums & more in this article.

A Lifetime of Financial Security: Life Insurance Investing

January 13, 2023 1155 Views 0 comment Print

Investing in life insurance is one of the most important financial decisions you can make. Not only will it provide your family with financial security, but it can also bring peace of mind and stability during difficult times.

IRDAI modifies Surety Insurance Guidelines

January 12, 2023 861 Views 0 comment Print

Provided the above cap is not applicable to mono-line surety insu rance companies registered for doing surety insurance business on a standalone basis. The surety insurance business of mono-line surety insurance companies shall be subject to such prudential norms as may be specified from time to time.

GST refund circular for unregistered home buyers & Insurance Policy holders

January 3, 2023 8142 Views 1 comment Print

Circular No 188/20/2022-GST to claim refund for unregistered person long term Insurance Policy holder and Home Buyers/ Building buyers

Court is required to ensure that prima facie a genuine arbitrable dispute exists

December 28, 2022 1230 Views 0 comment Print

Oriental Insurance Company Limited Vs Dacite Furnishing Limited (Supreme Court) For deciding the application under Section 11(6) of Arbitration Act, 1996, the court is required to ensure that an arbitrable dispute exists and has to be prima facie convinced about the genuineness or credibility of the plea and not be too particular about the nature […]

साइबर सुरक्षा इंश्योरेंस: समय की मांग 

December 26, 2022 795 Views 0 comment Print

जिस स्तर पर साइबर फ्राड, धोखाधड़ी और ठगी पूरे देश में फ़ैल रही है, इसके लिए जरूरी हो गया कि: १. साइबर लेनदेन में जागरूकता २. साइबर सुरक्षा के नियमों की जानकारी ३. साइबर सुरक्षा इंश्योरेंस पहला, यह सरकार और वित्तीय संस्थानों की जवाबदेही होगी कि लोगों को साइबर माहौल में वित्तीय लेनदेन में क्या […]

Basics of Insurance one should know

December 23, 2022 3555 Views 0 comment Print

Understand the basics of insurance and the different types of coverage available. Learn more with this guide on how to be financially secure. Keyphrase: Basics of Insurance one should know.

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