Month: April 2024

Introduction             Life Insurance Corporation of India or LIC has launched a new individual, savings and whole life insurance plan. The scheme is an unaffiliated, non-participating scheme. It is a…

The Supreme Court on Monday (20.11.2023) reiterated that an insured cannot claim anything more than what is covered by the insurance policy. The Court also said the terms of an…

Bajaj Allianz Life Insurance has introduced a variation of its participating savings plan, providing customers with a stream of increasing income while also protecting against the impact of rising inflation.…

NivaBupa Health Insurance Company Limited (Formerly known as Max Bupa Health Insurance Company Limited) – one of India’s leading standalone health insurers, has introduced its latest product, Aspire focusing on…

Reliance General Insurance Company introduced “Reliance Health Global", a healthcare policy aimed at providing Indians with access to global healthcare. This policy offers comprehensive coverage not only within India but…

As we enter into the year 2024, optimism mingles with the need for prudent action in the Indian Insurance Industry. There has been lot of initiatives for the new wave…

In the dynamic realm of insurance, change is not merely constant; it's the cornerstone of evolution. As we stand at the crossroads of unprecedented challenges and opportunities, it's imperative for…

The Andhra Pradesh State Consumer Disputes Redressal Commission bench comprising Smt. C.V.S. Bhaskaram (Woman Member) and Sri B. Srinivasa Rao (Member), allowed an appeal filed by National Insurance Company Limited.…

The Supreme Court has upheld an order of the State Consumer Disputes Redressal Commission, Punjab, which granted INR 29,17,500 to an insurer and was eventually modified by the National Consumer…

The Cyclone Michaung and subsequent heavy rains/floods (December 2023) are reported to have caused widespread loss to human lives, property (homes and businesses) and infrastructure in various states. All Insurance…