Insurance footnotes you wish you had read earlier
The thing about insurance is that you realize its value (or lack thereof) only at the time of making a claim. A claim denied or not fully paid for a…
The thing about insurance is that you realize its value (or lack thereof) only at the time of making a claim. A claim denied or not fully paid for a…
A 26-year-old man, who suffered 80 percent disability in a road mishap involving a rashly-driven truck four years ago, has been awarded over Rs 17 lakh as compensation by a…
With healthcare costs in India increasing at an exorbitant rate every year, it becomes mandatory to have a health insurance policy. However, most people usually take a health cover of…
A 56-year-old housewife, who suffered permanent disability in a road mishap involving a rashly-driven car three years ago, has been awarded over Rs 2.12 lakh as compensation by a Motor…
A road mishap victim's widow has been awarded nearly Rs seven lakh as compensation by a Motor Accident Claims Tribunal (MACT) here.
Days after general insurers aired their concerns over losses from third party motor insurance, the finance ministry has issued guidelines for settling such cases that would help reduce their liability…
Suppose you get a cheque from somebody who owes you money and the cheque bounces. What happens? Under Section 138 of the Negotiable Instruments Act, the person giving you such…
The family of a 29-year-old man, who died after a rashly- driven truck hit the car he was driving, has been awarded Rs 16.68 lakh as compensation by a motor…
Enhancing the compensation amount claimed by a widow, the Motor Accident Claims Tribunal (MACT) here has held that claim can be entertained even if the proof for age or income…
A 31-year-old man, who suffered "100 per cent loss of functional ability" after he was hit a rashly-driven car, has been awarded Rs 11.30 lakh as compensation by a motor…