Supreme Court Upholds “Pay and Recover” Rule in Motor Accident Claims
The Supreme Court reiterated the principle of "pay and recover" in road accident cases. According to this rule, if the driver of the offending vehicle has no license or there…
No Arbitration If Insurer Rejects Claim
The dispute arose when there was a serious accident during the construction of a bridge over the Chambal River. The insurer repudiated the claim of the contracting company based on…
Supreme Court: Insurers Can’t Blame Victim in Road Accidents
The Supreme Court has underlined that an insurance company cannot raise the issue of negligence by a road accident victim when Section 163A of the Motor Vehicles Act is invoked.…
Steel Almirah Not Enough: Jeweler Loses Insurance Claim
Jewellers who keep their precious wares in steel almirahs will lose their insurance cover if the items are not kept in a safe with a complex locking system. If there…
Protect Yourself with Universal Sompo Health Insurance
Health Insurance policy of Universal Sompo is offered to individuals and/or his family. The policy is designed to pay the Insured person(s) the hospitalization expenses as well as domiciliary hospitalization…
Guaranteed Lifetime Income: Explore LIC’s Jeevan Shanti Plan
Plan This is a single premium plan wherein the Policyholder has an option to choose an Immediate or Deferred annuity. The annuity rates are guaranteed at the inception of the…
Ayushman Bharat: A Giant Leap, But Challenges Persist
Steeped in stiff challenges as it may be at the moment, but Ayushman Bharat is now a reality. Universal Health is no longer a distant dream. Ayushman Bharat would make…
Exclusive Interview with Ritesh Kumar, MD & CEO of HDFC ERGO General Insurance
He has been at the helm of affairs of one of India's leading and most admired private insurance companies for close to one decade and during these long years, he…