DEDUCTION OF DEPRECIATION – A DECEPTION
The contract of insurance, unlike other civil contracts, is the contract of Indemnity, whereby in consideration of the premium, the insurer expressly undertakes and promises to pay or make good…
Impact of Healthcare Acquired Infections on Length of Stay and Treatment costs
Abstract Healthcare-associated infections (HCAI) are infections that patients acquire during the course of receiving treatment for other conditions within a healthcare setting. HCAI are preventable complications occurring with varying but…
Everything You Wanted to Know About Liability Insurance
Liability Civil Under Common Law: A body of law consisting of past court decisions and customs and usages recognized by courts. Liability Contingent: Liability for damages arising out of the…
Emerging Global Scenario Of Cyber Risks (RE)Insurances
A. Introduction: ‘CYBER’ is a term derived from ‘CYBERNETICS’ which means comparative study of automatic communications and control of functions of living bodies and in mechanical electronic systems such as…
Cyber risks and How can an effective Cyber Insurance can be explored for mitigate risks
Cyber risk Risks associated by the use of Information Technology systems that affects the confidentiality, availability or integrity of information and Information system caused by criminal as well as non-criminal…
Diabetes as a Lifestyle Disease: Insurance Claim Cannot Be Rejected
State Consumer Commission Decision: The state consumer commission ruled against Oriental Insurance Co Ltd (OICL) for rejecting a mediclaim based on non-disclosure of pre-existing conditions, including diabetes mellitus (DM) and…
Understanding the Difference Between Premium and Deductible in Insurance: A Comprehensive Guide
Introduction: Insurance plays a crucial role in protecting individuals and businesses from financial risks and uncertainties. When it comes to insurance policies, two key terms that often come up are…
PNB MetLife Launches Bharat Manufacturing Fund in ULIP Segment
New Fund Introduction PNB MetLife India Insurance Company Limited has launched the Bharat Manufacturing Fund, offering policyholders a chance to invest in India's manufacturing sector. This fund is available as…