2023 – Insurance Times

Jacob Punnen and Ors. vs. United India Insurance Co. Ltd. I(2022)CPJ87(SC) Policy type- Medical Insurance Policy The Supreme Court rejected the insurer’s argument that the consumer was under an obligation…

Life Insurance Corporation of India and Ors. vs. Sunita Life Insurance Corporation of India and Ors. (2022)1SCC68   Policy type- Life Insurance Policy under the JeevanSurakshaYojana The accident claim benefit…

Various car insurance companies provide different add-on covers for car insurance. The following are some of the most common add-on riders available in India by most car insurance companies: Zero…

Max Life Insurance Company Ltd. has launched Smart Capital Guarantee Solution, a life insurance product solution that combines three benefits. Merging the benefits of 'Max Life Smart Wealth Plan' and…

Go Digit General Insurance has launched three new plan under Digit Health Insurance policy --Digit Double Wallet plan, Digit Infinity Wallet plan, and Digit Worldwide Treatment plan -- aimed at…

Canara HSBC Life Insurance launched a new unit-linked insurance plan (Ulip) with savings option.Named Wealth Edge, the product offers three different plans depending on an individual's need and current requirements.…

Climate change is going to have a significant impact on the world, affecting many aspects of human society, the natural environment, and the economy. It is high time we wake…

In a significant move, IRDAI has given insurers more freedom to offer commission to intermediaries. Insurers can now have a board-approved policy to determine the commission they pay to intermediaries…

NarsinghIspat Ltd. v. Oriental Insurance Company Ltd. and Ors. Civil Appeal No. 10671 of 2016 Policy type- Standard Fire and Special Perils Policy The insured had taken a Standard Fire…

Haris Marine Products v. Export Credit Guarantee Corporation (ECGC) Limited Civil Appeal No. 4139/2020 Policy type- Single Buyer Exposure Policy The Supreme Court delved into the term business common sense…