Can a Minor Be Insured in India?
Yes, insurance can be issued to a minor, but it comes with certain conditions. A minor, being under the age of 18, cannot legally enter into contracts, including an insurance…
Which Insurance Policy is Best for Vehicles – Car and Bike?
Owning a car or bike in India is not just a matter of convenience but also an investment. However, with rising accidents and unpredictable circumstances on the road, protecting your…
Difference Between Term Insurance and Life Insurance: What You Need to Know
In today’s world, where uncertainty can strike at any moment, securing your family’s financial future is crucial. The best way to ensure this security is through insurance. However, choosing the…
Understanding Homeowners Insurance: Your Comprehensive Guide
For most people, their home is their most significant investment and a place of security and comfort. However, unforeseen events such as natural disasters, fires, or theft can threaten the…
How does Grievance Redressal work in General Insurance
Introduction: General insurance serves as a safety net against unforeseen events, protecting individuals and businesses from financial losses due to risks such as accidents, natural disasters, and theft. However, disputes…
Exploring Top-Up Health Insurance Covers: A Comprehensive Guide
In today's uncertain times, having comprehensive health insurance coverage is essential for safeguarding oneself and family against unforeseen medical expenses. Top-Up Health Insurance Covers offer an additional layer of protection,…
CONFLUENCE OF TECHNOLOGY ADVANCEMENT IS SET TO TRANSFORM MOTOR INSURANCE
The Indian government has recently passed the Motor Vehicle Amendment Bill 2016 in Lok Sabha. The Bill brings in major amendments to the 30-year-old Motor Vehicle Act. Certain amendments emphasise…
Growing use of social media in customer engagement in insurance industry in India.
INTRODUCTION: The last decade has witnessed a paradigm shift in marketing area because of the ever-increasing use of digital platform enabled by the internet. It has not only effected how…
SIMPLIFICATION IN LAW AND PROCEDURE FOR PAYMENT OF COMPENSATION TO VEHICULAR VICTIMS IN INDIA
Abstract- It is complex, cumbersome and adversarial. It deter to legitimate victims. It takes far too long to get compensation. It diverts too much money to claim handlers. Therefore, the…
The difference between grounding stranding, sinking and capsizing of the vessel
The difference between stranding and grounding of the vessel was necessary when F.P.A. warranty or policy franchise did not apply to the claim for stranding of a vessel but did…