Finance : Discover the crucial questions you should ask your insurance advisor to ensure you get the right coverage. Learn more about policy...
Finance : Learn how to determine the right coverage for health and life insurance. Discover the best plans and tips for securing your family...
Corporate Law : Explore the complexities faced by insurers and TPAs as data fiduciaries, navigating regulatory landscapes. Learn strategies and im...
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,...
Corporate Law : Explore the landscape of general insurance in India, covering categories, regulatory structures, historical developments, legal fr...
Corporate Law : Explore IRDAIs consolidated Master Circular on Submission of Returns effective April 2024. Simplify compliance with 202 regulatory...
Corporate Law : Discover how IRDAI's recent regulatory overhaul aims to foster innovation, competition, and sustainable growth while protecting po...
Corporate Law : Learn about the draft IRDAI (Protection of Policyholders' Interests & Allied Matters of Insurers) regulations 2024, including prov...
Corporate Law : Explore the key provisions & implications of IRDAIs proposed regulations on rural, social sector & motor third party obligations. ...
Corporate Law : Explore the proposed IRDAI Regulations 2024, consolidating key insurance rules. Learn about changes, clarity on capital structure,...
Corporate Law : In present facts of the case, the National Commission observed that where the Final Surveyor’s Report credibility becomes doubtf...
Corporate Law : In present facts of the case, the National Commission allowed the Revision Petition filed by the Complainant by making observation...
Corporate Law : In present facts of the case, the Revision Petition have been filed by the Petitioner – LIC against Respondents under section 21...
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...
Corporate Law : Oriental Insurance Company Limited Vs Dacite Furnishing Limited (Supreme Court) For deciding the application under Section 11(6) o...
Corporate Law : IRDAI issues a penalty of Rs. 37 lakhs to Prowess Insurance Brokers for regulatory violations. Read the full order details and imp...
Corporate Law : Explore IRDAI's final order on Aegon Life Insurance (now Bandhan Life) regarding violations of AML and policyholder protection reg...
Goods and Services Tax : Clarification on ITC entitlement for insurance companies on motor vehicle repairs under reimbursement claim settlement as per CGST...
Corporate Law : IRDAI introduces new insurance reforms focusing on policyholder empowerment, grievance redressal, and transparency in operations. ...
Corporate Law : Read about the latest reforms in the Indian life insurance sector by IRDAI, aimed at simplification, transparency, and informed de...
As per the Indian Council of Medical Research and the National Centre for Disease Informatics and Research, the total number of men getting affected with different types of cancer is expected to reach 6,79,421 in 2020 and 7,63,575 in 2025.
Dive into the world of Marine Insurance and uncover its features. Learn about the coverage it provides for ships, cargo, terminals, and various transportation modes. Explore the historical context with the Marine Insurance Act of 1906 and the standardization efforts by Lloyds and The Institute of London Underwriters. Understand the classifications of Hull & Machinery and Cargo insurance. Delve into the evolution of insurance law in India, from the British era to the Insurance Act of 1938.
Understand the key aspects of Insurance Policy Payment Eligibility. Explore the types of insurance, including life, general, and health insurance. Learn about nominees, assignments, and legal provisions governing insurance claims. Gain insights into the roles of nominees, the impact of assignments, and the significance of nominations in the Insurance Act, 1938. Uncover the legalities involved in transferring or assigning policies and the role of the Transfer of Property Act, 1882. Delve into the complexities of nomination processes, cancellation, and changes, ensuring a clear understanding of the person entitled to insurance claims.
To comply with the section 101A of Insurance Act, an insurance company must re-insure a specific proportion of the sum assured with another insurance company, commonly known as a “re-insurer”. A certain amount of re-insurance commission is kept by the insurer for this reason, which is termed as “Cession of Re-insurance Commission”. It is imperative to note that IRDAI’s […]
In order to participate in any such public offering by LIC, policyholders will need to ensure that their PAN details are updated in the Corporation’s records. Further, subscribing to any public offering in India is only possible if you have a valid DEMAT account —accordingly, policyholders should ensure that they have an active DEMAT account in place.
Understanding the jurisdiction of the High Court in cases of repudiation of life insurance claims. Know your rights and legal options.
It is how life insurance and life are interconnected. Owning life insurance is a mandate, and one should never underestimate it’s a necessity in life because catastrophes or unfortunate events don’t inform and arrive.
Uncover the facts about Cover Note or Interim Receipt in insurance. Learn what it is and how it provides coverage during the proposal stage.
On the disclosures made by the appellant with regard to his existing disease, namely diabetes mellitus II, the insurance company considered the same and issued the policy in question to the appellant. The respondent insurance company as a prudent insurer considered the details given by the appellant in the proposal form and issued the policy.
I was watching Amir Khan’s advertisement for Phone Pe on TV. The actor’s Motor Cycle was being destructed in a domino effect. Realizing the disaster in advance, the actor does not run to save his motorcycle but fills up form for insurance and makes payment through Phone Pe. The payment was so easy and fast […]
