Section 138 of the NIA – Dishonoured Cheques
Suppose you get a cheque from somebody who owes you money and the cheque bounces. What happens? Under Section 138 of the Negotiable Instruments Act, the person giving you such…
Apollo Munich`s Optima RESTORE wins the Innovation of the Year Award at the Asia Insurance Industry Awards 2012
Leading health insurance company, Apollo Munich Health Insurance unbelievable, 10 month old product Optima RESTORE, has won the Innovation of the Year award recently at 16th Asia Insurance Industry Award…
HDFC ERGO General Insurance pays 16L compensation to road mishap victim
The family of a 29-year-old man, who died after a rashly- driven truck hit the car he was driving, has been awarded Rs 16.68 lakh as compensation by a motor…
L&T Insurance bets big on health cover biz, plans 5-6 products
L&T General Insurance, a wholly-owned subsidiary of L&T Limited, is eyeing the health cover business for which it plans to launch five to six products in the near future, a…
Religare Health plans to roll out travel insurance
Religare Health Insurance, a standalone health insurer, plans to launch a travel insurance product before the close of the current fiscal, Anuj Gulati, Managing Director & Chief Executive Officer has…
Man gets full medical insurance after 2 years
City-based consumer forum has awarded a man complete claim for his hospital bill for the hernia surgery that he underwent.
Tribunal enhances compensation of accident victim’s family
Enhancing the compensation amount claimed by a widow, the Motor Accident Claims Tribunal (MACT) here has held that claim can be entertained even if the proof for age or income…
Road mishap victim awarded Rs 11.30 lakh compensation
A 31-year-old man, who suffered "100 per cent loss of functional ability" after he was hit a rashly-driven car, has been awarded Rs 11.30 lakh as compensation by a motor…
Health plans: Good idea to buy online or offline?
There has been a strong emergence of technical development in India in the recent years along with the use of internet as a powerful tool in our day-to-day life. With…
Don’t get conned: Insurance is not investment
Agents are still misleading consumers by suggesting insurance products are good investments. These definitely are not. Get your life covered but don't hand over your savings.