Finance : Electric two-wheelers are becoming a more visible part of everyday mobility in India. As the EV market grows, riders are also begi...
Finance : Section 10(10D) provides exemption only when premium limits are within prescribed thresholds. If premiums exceed these limits, mat...
Finance : The article highlights the need for integrated travel and health insurance to manage both medical emergencies and trip disruptions...
Income Tax : Even where premium limits are exceeded, death benefits continue to be fully exempt. This ensures protection for beneficiaries. The...
Finance : Cyber insurance helps cover financial losses from cyberattacks like hacking and data breaches. It is becoming essential as digital...
Corporate Law : IRDAI approved in-principle drafting and publication of new and amended regulations following the Sabka Bima, Sabki Raksha (Amendm...
Corporate Law : IRDAI formed a sub-committee to review private health insurance and improve policyholder experience. The initiative focuses on exp...
Corporate Law : The issue concerns identification of systemically important insurers. The regulator retained the same entities, emphasizing their ...
Corporate Law : IRDAI directs insurers to follow anti-dark pattern guidelines and submit compliance reports. The move strengthens consumer protect...
Corporate Law : The Government clarified that claim rejections are based on policy conditions like exclusions and OPD classification. IRDAI mandat...
Corporate Law : Supreme Court held that insurers impleaded as parties can raise all grounds, including quantum challenges. It remitted the case fo...
Income Tax : The SC upheld that reinsurance premiums paid to foreign entities are not taxable in India. It confirmed that absence of income acc...
Income Tax : The High Court held that reinsurance premiums paid to non-residents are not taxable in India and no TDS is required. It upheld Tri...
Corporate Law : SC affirmed a fire insurance claim after insurer attempted repudiation based on an arbitrary surveyor's report. Ruling held that o...
Corporate Law : Supreme Court rules pre-2015 life insurance policies were freely transferable, affirming High Court's decision against LIC's refus...
Corporate Law : The Authority found that core survey functions were carried out by unlicensed personnel. It held that such outsourcing violated re...
Corporate Law : The regulator cancelled a surveyor’s licence after finding false records, mismatched filings, and inaccurate disclosures. The ru...
Corporate Law : The case involved submission of a forged diploma for obtaining and renewing a licence. The Authority held that continued reliance ...
Corporate Law : IRDAI delegates Section 34 powers between Whole Time Members and Chairperson. The move aims to streamline enforcement actions and ...
Corporate Law : The notification addressed mandatory reinsurance cession for general insurance policies. It mandates 4% cession to GIC Re, ensurin...
Just imagine, you are surfing on the blue green waters of Mauritius, sipping the serene and spiritual beauty of Bhutan in your soul or just wandering on the green pastures of Switzerland! Then all of a sudden, you develop severe stomach- upset in Mauritius, lost your baggage in Bhutan or misplace your passport during night train travel in Switzerland/Germany.
All those reports about earthquakes damaging homes, floods ravaging them, even in urban areas, fires spreading like, well, have got you thinking.
To cover the financial losses due to any unforeseen event, as a contractor or builder in real estate business, you may use construction all risk insurance policy.
What is single premium term insurance policy? Want to get over the entire process of buying the term insurancein one go because you have some extra money? A single premium insurance policy is the right thing for you.
With the ever widening spectrum of health insurance options available, is it a development that will prove to be encouraging or alarming at the consumers’ end? Choosing the most feasible health insurance plan can be a complex process. In order to ensure that you get the best option out of endless choices available, always be […]
The financial planners today claim ‘term insurance’ to be the best and the most suitable type of policy available, as it provides a high cover at lower costs. The premium paid is just a portion of the amount you give to purchase a money-back policy or unit-linked insurance policy with same coverage.
Buying a car is a big deal, but then there is something even bigger. It is buying car insurance. It can get quite overwhelming at times,but it is something that needs to be done, without too much delay. The only thing that one needs to be sure of is that the policy is what will […]
In almost all cases, where claims are rejected, the main reason is lack of knowledge about the insurance policy. The claims are usually refused depending upon the points mentioned in the policy documents.
How do we define a good life insurance policy? A life insurance will be termed as satisfying, if it provides: a decent financial support at the minimal cost to our loved ones, in a situation when the person insured suffers an ill-timed end of his/her life.
When life gives you lemons, make lemonade is a common phrase that best describes the unpleasant unexpected occurrences that life throws at you. As an achiever, you need to plan ahead and create a growth funnel that will enable your family to be financially strong even in your absence.
