Religare Insurance booked for fake claim
A 59-year-old woman filed a complaint against Anuj Gulati, MD and CEO of Religare Health Insurance, Vijay Bhaskar, Religare’s Bengaluru manager and 13 others including doctors at Diya Healthcare, for…
Age of Deceased, not age of dependent, Material in Computing Insurance Claim: SC
The Supreme Court has reiterated the insurance claim principle whereby the computation of claim amount is supposed to be done based on age of the deceased and not age of…
Supreme Court Enhances Compensation in Motor Accident Claim
The bench of Justices Indu Malhotra and Sanjiv Khanna in Sunita Tokas & Anr. Versus New India Insurance Co. Ltd. & Anr reiterated that age of the deceased is material…
Niggardly towards lifetime disability
The Supreme Court has recently criticized the Calcutta High Court for dismissing the appeal of a woman without giving reasons. She had appealed on behalf of her 10-year-old son who…
Law on insurer’s burden in a flux
The liability of an insurance company to compensate a road accident victim when the terms of the policy have been violated came in for examination again in the Bombay High…
iTerm too descriptive for internet insurance policies
The Bombay High Court in a noteworthy decision held that the mark iTerm used by the plaintiff, Aegon Life Insurance Company, was not inherently distinctive in relation to the insurance…
In the absence of a comprehensive law, here’s how employee whistleblowers fare
Abhishek Mishra was driving from Udaipur to Gurgaon along with his parents in his father's new Maruti Ciaz, a car the senior Mishra had bought a month ago with his…
International insurance companies reduce premiums if you are a non-smoker or have quit smoking
Health insurance holders are likely to get more wellness and preventive features, including Outpatient Department (OPD) consultations or treatments, pharmaceuticals, health check-ups and diagnostics, and discount vouchers in gyms and…
Claim can’t be denied for an old machine
Abrol Engineering had taken a policy of Rs 40 lakh from New India Assurance to cover a CNC machine made by DMG Deckel Maho Gildemister. During the tenure of the…
Claim can’t be rejected on mere suspicion
Oswal Plastic Industries had taken a fire and special perils policy from New India Assurance to cover its industrial establishment. The policy was issued on June 27, 2009. The sum…