Life Insurance: A Secure Future for Your Loved Ones
Life insurance, often considered a complex financial product, plays a crucial role in securing the financial well-being of your loved ones after you're gone. It's a contract between you (the…
Understanding the Factors Affecting Life Insurance Premiums: A Comprehensive Guide
Introduction: Life insurance serves as a crucial financial tool, providing individuals and families with essential protection and peace of mind. When purchasing a life insurance policy, one of the most…
How Do Insurance Companies Make Money and How Do They Work?
Insurance is a financial safety net that protects individuals and businesses from unforeseen risks and liabilities. While insurance companies offer this valuable service, many people wonder, how do insurance companies…
Unlocking the Power of Assignments in Life Insurance: A Comprehensive Guide
Life insurance is more than just a financial safety net; it's a tool for protecting your loved ones and securing their future. Assignments in life insurance add an extra layer…
Pradhan Mantri Jeevan Jyoti Bima Yojana | Provisions Of Policy Must Be Interpreted To Benefit Policy Holder: Madras High Court
Case Title: M Chellammal v Office of the Insurance Ombudsman Summary The Supreme Court has ruled that a proposer of a life insurance policy must disclose any pre-existing medical conditions…
Proposer Duty Bound To Disclose Pre-Existing Ailments To The Insurer: Supreme Court
Case: Branch Manager, Bajaj Allianz Life Insurance Company Ltd. vs. Dalbir Kaur [ CA 3397/2020] Summary The Supreme Court has ruled that a proposer of a life insurance policy must…
Bajaj Allianz Life Insurance Co. is held accountable by the Bihar State Commission for the unjust repudiation of a valid claim.
Case Title: Shabra Khatoon vs Bajaj Allianz Life Insurance Company Ltd. and Anr. Summary The State Commission, comprising Justice Sanjay Kumar and Mr. Ram Prawesh Das, found Bajaj Allianz Life Insurance…
Best Insurance to Cover Home Loan in India
Buying a home is one of the biggest financial commitments you’ll make in your lifetime. Most people in India finance their dream home through a home loan, which spans over…
Exploring Riders in Life Insurance: Understanding Concept, Meaning, Purpose, and Benefits
Introduction: Life insurance serves as a crucial tool for providing financial protection and security to individuals and their families. While traditional life insurance policies offer essential coverage for death benefits,…
Understanding Nominees in Life Insurance: Ensuring Financial Security for Your Loved Ones
Life insurance is a crucial financial tool that provides protection and security for your loved ones in the event of your untimely demise. One of the essential aspects of a…