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,...
Income Tax : Explore the taxation of ULIP and LIC maturities under the Income Tax Act in India. Learn about capital gains, computation, and tax...
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...
Explore the dynamic world of Alternative Risk Transfer (ART) and discover innovative solutions beyond traditional re-insurance. From risk retention groups and insurance pools to captives and securitization, learn how ART can enhance your risk management strategies. Delve into the complexities, benefits, and evolving landscape of ART in this comprehensive guide.
Wanting the best protective detail for your car is natural. Car insurance is the key to maintaining and preventing technical glitches. The consequences of an accident can be more than just a dented exterior and that is why good car insurance is a necessity.
IRDAI (Surety Insurance Contracts) Guidelines, 2022 shall be applicable to all Insurers registered under the Insurance Act, 1938, to transact the business of general insurance and Surety Insurance, subject to compliance with eligibility criteria as set out in these guidelines.
Age is one of the most important facts to be declared by the customer at the time of onboarding, because the rate of premium, the risk attached to his age, his medical conditions etc., will be determined on the age.
Understand the crucial Agreed Bank Clause in insurance policies when dealing with financing from Banks, Financial Institutions, or NBFs for projects, homes, working capital, and more. Learn how this special clause protects the interests of Banks/Financial Institutions and the insured, ensuring compliance with Loan Agreement conditions. Delve into the specimen Bank Clause, exploring its provisions related to payments, discharge of liabilities, communication, and dispute resolution. Stay informed about the impact on insurance coverage in case of property ownership changes or alterations, emphasizing the importance of timely notification.
Clarification on meaning of the term ‘Capital Employed’ mentioned under the Item, Retention (Each and Every Claim), of the Policy form under Section III of the abovementioned Guidelines. The Authority hereby issues clarification that the term ‘Capital Employed’ refers to the Paid up capital of the entity.
Why do you need Health Insurance? It depends on when you are buying an Insurance Policy and for whom are you considering it. Although the need for health insurance varies from one use case to another, here are the top 3 reasons why we think you’d need Health Insurance for
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.