Court upholds rejection of false claims
The claim of an infrastructure company that sought compensation from its insurer alleging damage to roads because of excessive rainfall was rejected as meteorological data showed that there was little…
Information to the insurance policy-holders/claimants about various insurance policy services.
1. Clear and transparent communications play a vital role in servicing of insurance policies and in ensuring that the benefits of insurance policies flow to the beneficiaries in a timely…
Exposure Draft on IRDAI (Public disclosures by Insurers transacting other than Life Insurance Business) Guidelines 2019
The Insurance Regulatory and Development Authority of India (IRDAI) is entrusted with the regulation, promotion and orderly growth of insurance business in India. Maintaining an efficient, fair and stable insurance…
Writ petition maintainable against private body when it has a public duty imposed on it: Madras HC
The Madras High Court has held that a writ petition is maintainable against any private body if it has a public duty imposed on it. Justice Pushpa Sathyanarayana allowed a…
Willful non-disclosure of medical history is fraud: SC
In a recent judgment, the Supreme Court said that failure on the part of a person to reveal his past history of disease is valid ground for repudiation of his…
Non-Life Insurance Plan
Long Term Home Insurance from SBI General Insurance Key Feature You can buy the Policy upto a period of 30years In-built coverage for earthquake Coverage SBI General's Long term Home…
Life Insurance Plan
How does the plan work STEP 1: Choose your Sum Assured and Plan Option (Level Sum Assured | Increasing Sum Assured*) STEP 2: Choose Your Policy Term STEP 3: Choose…
‘Dead man’ bought life insurance policy
Did a dead man walk into an insurance office to obtain a life insurance policy? Or did his widow project the dead man as alive to get the policy? The…
Premium Rates for Motor Third Party Liability Insurance Cover for the Financial year 2019-20 effective from 16th June, 2019
(1) By virtue of powers vested in the Authority under Section 14 (2)(i) of the IRDA Act, 1999, the Authority has been notifying the premium rates applicable to Motor Third…
Interview with N.K.V Roop Kumar RIMS – CRMP, FLMI, Head Risk Management, SBI Life Insurance Company
Roop Kumar is a Risk & Insurance professional, with 31 years of experience (20 years in LIC of India and 11 years in SBI Life Insurance Co) in handling Enterprise…