Karnataka Flood Victims: Insurance Claim Guidelines
1. As you are aware, the recent floods have caused immense loss to life and property in certain districts of Karnataka State, including Kodagu. There is an urgent need for…
Kin of road accident victims to get Rs. 5 lakh compensation
Families of people dying in road accidents will now get a compensation of Rs. 5 lakh, according to a gazette notification. Accident victims will get a minimum of Rs. 25,000…
Living wills not likely to affect insurance Claims
The recent Supreme Court ruling permitting a 'living will' that specifies that a person should be taken off life support if he or she slips into a vegetative state or…
Guidelines on Insurance Claims of Victims of Cyclone Fani (May 2019) in the states of Odisha, West Bengal and Andhra Pradesh
As you are aware, the recent cyclone Fani has caused immense loss to property in the state of Odisha and also in neighboring states. There has been loss to some…
Guidelines on Insurance Claims of victims of recent floods (August 2019) in parts of Karnataka
1. As you are aware, the recent floods have caused immense loss to property in the state of Karnataka. There is an urgent need for the insurance industry to take…
Exemption of classes of claims under sub-section (10) of Section 64UM of the Insurance Act, 1938
Whereas, in relation to the classes of claims mentioned in the Schedule hereto annexed, the Authority is satisfied that it is customary to entrust the work of survey or loss…
Insurance claim to be rejected if premium not paid: Supreme Court
An insurance claim can be rejected if the policy has lapsed on account of non-payment of premium, said the Supreme Court which stressed that the terms of an insurance policy…
Guidelines on Insurance Claims of victims of Floods (July 2021) in the calamity affected districts of Maharashtra State
1. As you are aware, the recent floods (July 2021) have caused immense loss to property in parts of Maharashtra State. General Insurers may have issued policies for protection of…
2019-Insurance Times
General Insurance articles
Insurance Articles
Journal/Books
July 2019
The Insurance Times Journal
Will Mosquito Bites Bite the Policyholders?
The Supreme Court has very recently decided an important question of law that death due to malaria inflicted by mosquito bite is not an accident which will have a wide…
Changing Times for Insurance Claims Organizations
Insurers are renowned for their risk management capabilities. Their core business proposition is to identify risks, assess them, create products around the risks and sell them to customers with a…