Loss assessment under a Fire Insurance Policy and impact of GST
The end consumer always takes the entire burden of indirect taxes in a tax structure. Goods and Services Tax (GST) in which as many as 17 different central and state…
The end consumer always takes the entire burden of indirect taxes in a tax structure. Goods and Services Tax (GST) in which as many as 17 different central and state…
In a bold move towards modernization and efficiency, the 2024 Union Budget of India has laid down a roadmap for the digitization of the country's life insurance sector. With a…
INTRODUCTION: The Fire Insurance portfolio of all General Insurers in India was right from the beginning for all time considered as a profit generating assortment. All insurers knew that Fire…
Prologue: Fire is among one of the early discoveries of mankind. It is believed to have been discovered in the Early Stone Age by our ancestors. The discovery of fire…
“Because I could” carried an image “Oh ! I too, should have” Of late numerous incidents of fraudulent fire claims have been reported and many insurers all over the world…
Why this article: Property (Material Damage) insurance, more traditionally known as Fire Insurance, is a basic insurance cover used by huge number of customers. The promise of true protection under…
INTRODUCTION A fire investigation is an unenviable task. The devastation, charred debris, collapsed structures, water soaked ashes, together with the smoke and stench, makes the task uninviting and seemingly impossible.…
Readout this interesting story of a man whose hut was on fire.....
Under the Fire Insurance policy the Underwriters agree that "If after payment of the premium the Property Insured described in the said Schedule or any part of such Property be…
Spontaneous Combustion is nitpicky issue in Fire insurance. It is a matter of great concern for industries that deal with substances that are prone to spontaneous combustion like