Month: October 2011

Economists often describe health insurance as an imperfect market. To understand the concept we have to dwelt in deep the features of an imperfect market.

IRDA Notification: Insurance sector has entered into sixth year of effective AML/CFT regime. In this context, extant AML/CFT guidelines to the insurance sector are being reviewed to assess the need…

Next online examination for Licentiate shall be conducted in the month of February 2012.

Insured cannot file an appeal for claim rejected by Insurer after the stipulated time period. In the instant case the complainant filed the appeal after 2 years. Appeal rejected by…

Underwriting the process of determining the level of risk presented by the proposer and deciding whether to accept the same and if so at what terms and at what price.

The need for medical insurance increases with age. Disease may affect persons of any age may be a child, grown ups, young man or a old man. Accidents and injuries…

Star Union Dai-ichi Life Insurance has introduced its latest participating endowment insurance plan, Suraksha Kavach, with an aim to strengthen and extend their existing portfolio. The policy offers an innovative…

The condition of the Complainant at the time of admission in the Hospital was such as not to warrant hospitalisation. Repudiation of claim by Newindia upheld by Insurance Ombudsman, Ahmedabad

The Board of Education Insurance Institute of India in its meeting held on 2nd July 2011 has decided to introduce a Credit Point System for Qualifying in Licentiate, Associateship and…