Case of: Mr. Haresh B Bhavsar V/s Reliance Gen. Insu.Co.Ltd Complaint No. AHD-G-035-1617-0427 Policy No. 1602552311003016 Insurance Ombudsman Date of award : 19/09/2016 The Complainant’s father had purchased a “Private…
Complaint No. I.O.(HYD) G -11.51.0100 / 2017-18 Mr. P. Satyanarayana VS. United India Ins. Company Ltd. Award No. I.O. (HYD)/A/GI/0013/ 2017-18 Insurance Ombudsman Date of award : 11.08.2017 GROUP MEDICLAIM FACTS…
Praveen Gupta, CEO, Raheja QBE The non-life segment of the insurance industry is suddenly all over the place. The proposed national health insurance scheme announced in Budget FY2018-19 is only…
Life Insurance is one of the sectors which have an adequate growth potential. It is the only financial asset which provides return in addition to the life risk coverage. In…
ABSTRACT Indian economy is in transition over the last ten years, owing to the initiation of major economic reforms affecting almost all sectors. The paradigm shift from a mixed economic…
The Insurance Regulatory and Development Authority Act was passed in India in 1999, which allowed the introduction of private companies to participate in the insurance market in India and named…
Introduction Digitalization is the use of digital technologies to change a business model and provide new revenue and value-producing opportunities; it is the process of moving to a digital business.…
Everyday we hear people receiving fraudulent calls for purchasing insurance policies from various numbers. They use various terms like Calling from Insurance Verification department, Policy Servicing department, Calling from Ministry…
Life Insurance Corporation of India has announced promotional exams for its officers. Under the new system the officers will be required to appear in written examination to be conducted by…
An insurance company can't deny paying the assured amount even if the policy holder dies within 90 days from taking a policy. The National Consumer Disputes Redressal Commission (NCDRC) has…