Introduction In marine insurance, compliance with express warranties and full disclosure of critical incidents is important – failing to do so terminates the insurance cover automatically. Mere knowledge on the…
In my previous article, “Reinstatement – Its Varied Interpretation in Fire Policy,” I drew attention to a case where, in my view, the Court failed to distinguish between the term…
[caption id="attachment_29905" align="alignleft" width="125"] Dr Abhijit K. Chattoraj[/caption] The word 'reinstatement' in the insurance context should be used judiciously, as it is open to varied interpretation when viewed as a…
[caption id="attachment_29905" align="alignleft" width="116"] Dr Abhijit K. Chattoraj[/caption] In my last article published in January under the caption ‘The Legal and Technical Craft of Drafting a Letter of Subrogation’, I…
Traditionally, in insurance, subrogation refers to the right of an insurer having indemnified an insured in respect of a particular loss to recover all or part of the claim payment.…
[caption id="attachment_29027" align="alignleft" width="127"] Dr Abhijit K. Chattoraj[/caption] Scenario An ill-fated overloaded (goods) commercial carrier met with an accident in the busy thoroughfare of Delhi. It was raining very heavily…
[caption id="attachment_29027" align="alignleft" width="141"] Abhijit K Chattoraj[/caption] In my last article, 'Unravelling the Implications of Estopel and Waiver in Claims Settlement,' published in the August issue of 'The Insurance Times'…
[caption id="attachment_28854" align="alignleft" width="144"] Dr Abhijit K.Chattoraj, [/caption] Imagine a scenario where you have been paying mediclaim premium year after year without any break in the continuity of the cover, and…