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Insurance Marketing Firm Registration for Pvt Ltd Companies: Process & Benefits

Corporate Law : Learn about IMF Registration for private limited companies, its process, requirements, and benefits. Expand into insurance marketi...

March 4, 2025 342 Views 0 comment Print

How to Apply for a Surveyor and Loss Assessor License in India?

Corporate Law : Learn how to apply for a Surveyor & Loss Assessor License in India. Check eligibility, required documents, fees, and IRDAI exam de...

February 5, 2025 336 Views 0 comment Print

A Comprehensive Guide to Best Term Insurance Plans for ₹2 Crore Coverage

Finance : When it comes to insurance policies for your family’s finances, choosing the right term insurance is very essential. Although, t...

December 11, 2024 1092 Views 0 comment Print

Overview of IRDAI (Registration, Capital Structure, Transfer of Shares and Amalgamation of Indian Insurance Companies) Regulations (2024): Critical Analysis

Corporate Law : IRDAI’s 2024 regulations simplify processes for registration, share transfers, and mergers of Indian insurance companies, aiming...

December 8, 2024 423 Views 0 comment Print

Tax Benefits of Term Insurance Plans: A Complete Guide for FY 2024-25

Finance : A term insurance plan is considered a valuable asset in an individual's financial planning. It not only provides security to your ...

November 16, 2024 1437 Views 0 comment Print


Latest News


IRDAI Allows Insurers to Hedge Equities With Derivatives

Corporate Law : IRDAI permits insurers to use equity derivatives for hedging, aiming to reduce portfolio risks amid market volatility. Strict comp...

March 2, 2025 282 Views 0 comment Print

Reduction of Entry Age and Increase in Premium Amount in LIC

Corporate Law : LIC adjusts entry age, minimum sum assured, and agent commissions. Government provides insights on these changes, addressing conce...

December 11, 2024 240 Views 0 comment Print

Reasons for High Health Insurance Premiums in India

Corporate Law : Govt. responds to concerns over high health insurance premiums, citing actuarial principles and IRDAI regulations to ensure fair p...

December 6, 2024 348 Views 0 comment Print

IRDA (Insurance Advisory Committee) (Amendment) Regulations, 2024

Corporate Law : IRDAI revises regulations for the Insurance Advisory Committee, enhancing meeting flexibility and clarifying advisory roles. Publi...

November 8, 2024 708 Views 0 comment Print

Draft IRDA (Re-Insurance Advisory Committee) (Amendment) Regulations, 2024

Corporate Law : IRDAI proposes updates to re-insurance committee regulations, introducing flexibility in meetings and member resignation or remova...

November 8, 2024 165 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 1065 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 660 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 780 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 3873 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 1323 Views 0 comment Print


Latest Notifications


IRDAI Issues Guidelines on Hedging via Equity Derivatives

Corporate Law : IRDAI allows insurers to hedge equity risks using derivatives. The guidelines specify permitted instruments, risk management, and ...

March 2, 2025 390 Views 0 comment Print

IRDAI Sets 4% Reinsurance Cession for 2025-26

Corporate Law : IRDAI mandates a 4% obligatory cession to GIC Re for 2025-26, excluding terrorism and nuclear risks. Learn about commission rates ...

March 2, 2025 138 Views 0 comment Print

IRDAI Fines UIB Insurance Brokers ₹1 Crore for Premium Remittance Delay

Corporate Law : IRDAI penalizes UIB Insurance Brokers ₹1 crore for delayed premium remittances. The company must review pending transactions and...

February 19, 2025 117 Views 0 comment Print

One-Time UPI Mandate for Premium Blocking: Bima-ASBA for Life & Health Insurance

Corporate Law : IRDAI introduces Bima-ASBA via UPI for secure insurance premium payments. Funds blocked until proposal acceptance. Effective from ...

February 18, 2025 255 Views 0 comment Print

IRDAI Limits Health Insurance Premium Rate Hike for senior citizens

Corporate Law : IRDAI caps annual premium hike for senior citizens' health insurance at 10%, mandates prior consultation for higher revisions, and...

January 30, 2025 492 Views 0 comment Print


How to buy the Right Health Insurance Plan

April 8, 2016 5680 Views 1 comment Print

In India, an average healthy family incurs about Rs. 50, 000 for their medical expenses while the expenditure goes even higher when someone in your family suffers from a critical illness. The increasing cost of health care and medical treatment in the country needs you to plan your healthcare expenses. Although the advancements of technology applications in the healthcare system have led to significantly improved procedures followed at the hospitals, you are recommended to opt for a premium health insurance plan for your family, including your parents, spouse, children, and self.

Young India dreaming big, but parents underprepared

February 23, 2016 2232 Views 0 comment Print

Sachin Tendulkar, who was also the master mentor of the initiative, said, Aviva and I have worked together on various initiatives that have helped identify the aspirations of Young India. I had an early start in my career due to the support of my family. India, today, is buzzing with many bright minds and I am very happy to partner personalities, who are renowned professionals in their respective fields, to enable these kids live their dreams.

Insurance Claim For Loss Of Stock

February 15, 2016 48070 Views 3 comments Print

DETERMINATION VALUE OF STOCK ON THE DATE OF DESTRUCTION: 1. From Stock Records 2. If stock records are destroyed, then prepare trading account on the date of destruction by taking previous years Gross Profit rate into account. Value of stock will be balancing figure in the trading account.

No Shortcuts to Financial Security: Time to experience power of 5

January 18, 2016 830 Views 0 comment Print

Discover the importance of long-term planning for financial security. Learn why shortcuts won’t provide lasting solutions for your family’s well-being.

Second surveyor can not be appointed by Insurance Companies

January 4, 2011 4588 Views 0 comment Print

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

LIC's new premium crosses Rs 50,000 crore during Apr-Oct

November 28, 2010 237 Views 0 comment Print

The new premiums of country’s largest insurer Life Insurance Corporation (LIC) has breached the Rs 50,000-crore mark during April-October period this year, an increase of 66 per cent from the corresponding period last fiscal. In the first seven month

Finance Minister Directs all PSBs, FIs and Insurance Companies to Look into their Exposures to Various Companies Men

November 25, 2010 240 Views 0 comment Print

Finance Minister Directs all PSBs, FIs and Insurance Companies to Look into their Exposures to the Various Companies Mentioned by CBI : Carry Out an Independent Evaluation on the Asset Quality, Documentation and Compliance of Prudential Requirements;

PPN Scheme in Health Insurance

November 19, 2010 795 Views 0 comment Print

The Cashless Medical Insurance is provided by the Public Sector General Insurance Companies (PSGICs) through Third Party Administrators (TPAs). However, the health insurance portfolio is characterized by mounting losses mainly because some of the hos

Fire insurance claim for CIGAR

October 2, 2010 681 Views 0 comment Print

Mr. Satodiya Extractor Purchased a box of very rare and expensive cigars then insured them against, among other things, fire. Within a month, having smoked his entire stockpile of these great cigars and without yet having even one month complete Mr.

Biyani offers 50 crore Salary Package to former CEO of ICICI Prudential Life Insurance

August 3, 2010 2041 Views 0 comment Print

Ever heard of a Rs. 50-crore compensation package? That’s what V Vaidyanathan, former managing director (MD) and CEO of ICICI Prudential Life Insurance, has been offered to shift loyalties to Future Capital Holdings, the finance company promoted by Kishore Biyani of Big Bazaar/Pantaloons fame.

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