Tribunal enhances compensation of accident victim’s family
Enhancing the compensation amount claimed by a widow, the Motor Accident Claims Tribunal (MACT) here has held that claim can be entertained even if the proof for age or income…
Enhancing the compensation amount claimed by a widow, the Motor Accident Claims Tribunal (MACT) here has held that claim can be entertained even if the proof for age or income…
A 31-year-old man, who suffered "100 per cent loss of functional ability" after he was hit a rashly-driven car, has been awarded Rs 11.30 lakh as compensation by a motor…
The India Motor Tariffs, as amended in July 2002 provided for two types of Policy forms. These were:
The UT District Consumer Disputes Redressal Forum has directed United India Insurance Company Limited to pay Saurav Bhatti, a resident of Sector 40, Rs 2.75 lakh as a value of…
The origin of Motor Insurance began in 1895 in England. It is surprising to note, when he motor vehicles started its operation, General Insurance Corporation was the first company to…
The India Motor Tariffs, as amended in July 2002 provided for two types of Policy forms. These were:
A Motor Accident Claims Tribunal (MACT) has held both the original owner and a subsequent purchaser of an uninsured vehicle involved in  road mishap liable to pay compensation to the…
The principle  of indemnity requires that when a loss arises  under an insurance policy, the loss must be made good in such a manner that financially the insured is neither…
In insurance contracts, the legal doctrine of utmost good faith applies. This casts on the insured the duty to disclose all material facts that have a bearing on the insurance.…
Regulators will launch a full-blown investigation into the motor insurance market recently in a move that will cause months of uncertainty for the industry but could result in lower premiums…