October 2021 - Insurance Times

Abstract Health insurance is a tool to bring financial stability and is a necessity for modern societies. It restricts the financial drain of an individual during a medical emergency and…

Road accidents are a common incidence, but during monsoon, the chances of an accident become higher owing to waterlogging, slippery roads, & poor visibility. It has also been observed that…

India is a hugely under-insured country, where only 19 percent of lives are insured. In the case of vehicles, although third party insurance is mandatory, only 79 per cent of…

IRDAI has issued revised guidelines for Trade Credit Insurance by Non Life Insurers to be effective w.e.f. 1st November, 2021 which is a long demand of the Industry and Trade.…

Road accidents are a common incidence, but during monsoon, the chances of an accident become higher owing to waterlogging, slippery roads, & poor visibility. It has also been observed that…

Organ donations can make a significant difference to someone’s life. But most people shy away from this noble cause owing to safety concerns and the exorbitant cost of organ transplant…

Covid-19 has shaken up the world in more ways than one. As we all try to adapt to a new normal in the aftermath of this health crisis, it is…

While health insurance compensates you for your hospitalization expenses in the case of extreme health conditions, it may not pay you for regular check-ups or appointments with your doctor. In…

Ahmedabad Ombudsman Center Case No.11-005-1207-12 Mr. Urvishbhai A. Patel  Vs.  Oriental Insurance Co. Ltd. Repudiation of Treatment expense Complainant treated for accidental injury of his leg and expense incurred for…

FACTS The complaint was filed about Group Personal Accident Policy that covers police personnel. Complainant’s husband, late (Shri) Gurdev Singh, insured under the policy for Rs. 1,00,000/- had died in…