Is murder or suicide covered in insurance policies? Here are the exceptions
The concept of life insurance is simple. The policyholder pays a premium each year and when he dies, the family receives the claim amount. But, what if the policyholder is…
The concept of life insurance is simple. The policyholder pays a premium each year and when he dies, the family receives the claim amount. But, what if the policyholder is…
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…
Case title: Hind Offshore Pvt Ltd v. IFFCO General Insurance Co. Ltd. Summary The Supreme Court has ruled that marine insurance policies cannot be held responsible for losses resulting from…
Case Title: IFFCO Tokio General Insurance Co. Ltd. V. Geeta Devi and others., Special Leave Petition (C) No. 19992 of 2023 Summary The Supreme Court has ruled that an insurance…
The Supreme Court has asked Oriental Insurance to pay Rs. 3.5 crore to National Bulk Handling Corporation, which suffered by a fraud committed by its employees. The corporation had taken…
The Supreme Court has directed an insurance company to pay Rs. 1 crore to the mother of a youth who died while sightseeing in a glider in Canada. The youth…
Settling differences between two judges on the question of consequences of delay in informing theft of a vehicle to the insurance company, the Supreme Court has ruled that such delay…
Narsingh Ispat Ltd. vs. Oriental Insurance Company Ltd. and Others. Civil Appeal No. 10671 of 2016 The insured had taken a Standard Fire and Special Perils Policy from the insurer.…
United India Insurance Co. Ltd. Levis Strauss (India) Pvt. Ltd. Civil Appeal No. 2955 of 2022 Court in the course of its judgment, inter-alia, examined expressions under the Marine Insurance…
Shivram Chandra Jagarnath Cold Storage and Ors. New India Assurance Company Limited and Ors. I(2022)CPJ138(SC) In this case, the insurance claim of the Insured arose under a deterioration of stock…