Various Policies issued in Aviation Insurance in India
Aircraft (Flight & Ground Risks) Policy : The cover provided by the policy is to replace or make good accidental loss of or damage to the aircraft including standard components…
Concept of Hit and Run Accident in Motor Insurance
Hit and Run Accident is a motor accident arising out of the use of a motor vehicle or motor vehicles the identity whereof cannot be ascertained in spite of reasonable…
The general exclusions under fire insurance policy
There are nine exclusions under the policy. They are:
Max Life Insurance to pay Rs 20K, ordered by a consumer forum
Max  Life Insurance Company been ordered by a consumer forum here to pay Rs 20,000 as compensation to the grandfather of a policy holder for issuing a policy with terms…
Concept of Insurable interest in insurance
The requirement of insurable interest gives legal validity to insurance contracts and distinguishes them from wagers. It may be defined as the legal right to insure, where the right arises…
District Forum has instructed Reliance General Insurance to pay Rs410000
The Complainant, Radheshyam Singh informed that his truck was torched by the insurgents when it was being used for transporting bamboos from Bijapur. After fleeing from the scene, the driver…
Indian Life Insurance Statistics for year 2011-2012 :Download
Get the latest Statistics on Life Insurance Insurance Industry in India for the period 2011-2012 (1.4.2011-31.3.2012). The report has been compiled by The Insurance Times Group. Download the file in…
Indian Non Life Insurance Statistics for year 2011-2012 :Download
Get the latest Statistics on Non Insurance Insurance Industry in India for the period 2011-2012 (1.4.2011-31.3.2012). The report has been compiled by The Insurance Times Group. Download the file in…
Consumer court rules against New India Assurance
When the vehicle was stolen at night, he immediately lodged a police complaint. When they could not find the bike, he claimed insurance. The company assured him that it would…
Various Types of alarm systems used for fire fighting
Mechanical device for signalling the occurrence of an unwanted condition, such as a fire, burglary, or the unnecessary activation of a fire-suppression system so that a corrective action may be…