The National Consumer Disputes Redressal Commission ( NCDRC) has ruled that an insurance company can't deny paying the insurance claim even if the policy holder dies within 90 days from…
Insurers can't reject an insurance claim on grounds of delay alone. On 4 October, the Supreme Court ruled in favour of a truck owner whose truck was stolen in 2010.…
The Supreme Court has ruled that if the owner of the vehicle did not bother to change the ownership in registration records, he would be liable for compensation claims arising…
Reference is drawn to the revised Guidelines of Insurance Repositories and electronic issuance of insurance policies dt. 29th May 2015. As per guideline No.34 A – other services, the IRs…
Mr. Pravin Kutumbe assumed charge as Member (Finance & Investment) in Insurance Regulatory and Development Authority of India (IRDAI) on 12th March 2018. Prior to joining IRDAI, he was Executive…
About Mr. Sainesh Dar Sainesh has more than two decades of a very diverse work experience which has seen him engaged with leading companies across the multidimensional service industries ranging…
The contract of insurance, unlike other civil contracts, is the contract of Indemnity, whereby in consideration of the premium, the insurer expressly undertakes and promises to pay or make good…
The first impression of an 'insurance sales agent' brings up memories of pestering, red tape and frustrations. AI empowered insurance agents, on the other hand, are bringing about an image…