Role of a point of sale person in insurance
To increase insurance penetration in the country, the industry needs more distributors to travel the last mile. To achieve that goal, what's needed is a simple certification process for these…
PPN SYSTEM – FAILURE OR SUCCESS
In terms of such agreements fixed packaged rates for various SPECIFIED PROCEDURES OTHER THEN TRAUMA & EMERGENCY CASES are agreed upon by hospitals/NH to be charged from the insured in…
PROFESSIONAL REINSURERS IN INDIA SINCE 1956
A) Introduction: From 16th January 2017 IRDAI'S Gazette Notification has implemented Reinsurance Regulations with immediate effect and licenses are cleared for Branches of Global Reinsurers as well as Indian Professional…
My health Medisure Plus from HDFC General Insurance Limited Covers under My health Medisure Plus Insurance
Standard Covers Grandmother Grand Father Brother Sister Grand Son Grand Daughter Daughter in Law Son in Law Nephew Niece Advantage: Custom Covers (Without payment of additional premium) Deletion of Pre/Post-Hospitalisation…
Private Car Insurance from Liberty Videocon General Insurance Company Limited
Features & Benefits Hassle-free inspection & cashless claim service at more than 1900 network garages. Claim settlement within 7 working days. Transfer existing No Claim Bonus from any insurance provider.…
Legal Case Studies on Householders’ Policy
Chandigarh Ombudsman Centre CASE NO. GIC/521/OIC/11/09 G.C Bhargava Vs. Oriental Insurance Co. Ltd. Order dated 12.02.09 Sh. G.C Bhargava had taken a Householder policy vide cover note no. 283105 on…
Ombudsman Directs Insurance Company to Pay Ex-Gratia After Repudiation of Accidental Death Claim Due to Income Misrepresentation
Case No. 332/11/003/NL/07/2008-09 Smt. Meena Agarwal Vs. National Insurance Company Ltd Order Dated: 22.01.2009 Facts & Submissions: This petition was against repudiation of accidental death claim under Group Janata Personal…
Ombudsman Orders Settlement of Insurance Claim After Delay Due to Unawareness of Policy Following Insured’s Death
Guwahati Ombudsman Centre Case No.11/003/0059/08-09 Smt. Bindu Barman Vs National Insurance Co. Ltd. Policy No. 100300/42/04/8200012 Award dated - 22.10.2008 The Complainant's husband procured the above policy from the National…
Claim for Lost Jewelry Repudiated Due to Negligence in Handling Valuables While Traveling on Motorcycle
Lucknow Ombudsman Centre Case No.G-44/11/05/08-09 Shri. Ravindra Kumar Verma Vs The Oriental Insurance Co. Ltd. Award Dated: 12.3.2009 Complaint filed against Oriental Insurance Co. Ltd. by Shri. Ravindra Kumar Verma…
Claim for Son’s Medical Treatment Approved After Initial Rejection Due to Alleged Pre-existing Condition
Office of the Insurance Ombudsman, Kochi Complaint No.IO/KCH/GI/11-004-251/2008-09 Shri T.X.Sebastian Vs United India Insurance Co.Ltd. Award dated 17.12.2008 A Universal Health Insurance Policy was issued to Win Centre, a social…