October 18, 2020, Sunday
Insurance firms cannot deny claims if there is any inadvertent error on the part of the insured
July 09, 2020, Thursday
The Commission didn't agree with LIC's argument that Singh had misrepresented facts and blamed the insurer for not doing proper ...
June 06, 2020, Saturday
The biggest nightmare for an individual in this digital age is to see an unauthorised debit in his bank account and realise he ...
May 11, 2020, Monday
Insurance companies around the world were sailing smoothly until late February, when markets realised Covid-19's impact. Now, is ...
May 07, 2020, Thursday
All policies expiring during the lockdown should be deemed extended for this period and one week thereafter
April 30, 2020, Thursday
The apex court noted that there was continuous insurance coverage since 2007 and there was no evidence to show that the ailment ...
February 25, 2020, Tuesday
Most of the insurance providers have mobile apps, meant to provide customers easier access to the insurer
August 21, 2019, Wednesday
The forum observed that a joyride under a trained pilot is neither banned nor illegal. It said the exclusion clause had been ...
June 07, 2019, Friday
The insurance transaction process often includes reliance on third-party service providers, making insurance companies highly ...
May 29, 2019, Wednesday
The insurer claimed that Jawadkar's wife had committed suicide. However, it could not produce any proof of the same
April 03, 2019, Wednesday
The claim has to be settled within the scope and ambit of the coverage mentioned in the policy
January 31, 2019, Thursday
During the tenure of the policy, an abnormal noise suddenly started emanating from the spindle in the tool box
December 27, 2018, Thursday
If you are managing your money well and can save enough, you can take that much wanted vacation without compromising on large ...
November 22, 2018, Thursday
Whole life plans are being mis-sold as term plans because insurers and agents are unable to earn margins
November 15, 2018, Thursday
A convertible life insurance plan provides the benefit of obtaining less expensive term plan at the beginning while maintaining ...
November 14, 2018, Wednesday
Insurer argued that a claim cannot be made on the basis of a cover note but consumer forum dismissed it
September 27, 2018, Thursday
It was pointed out that the vehicle was insured as a commercial vehicle
September 05, 2018, Wednesday
The State Commission observed that insurance is a contract requiring good faith. And the insurer's stand was based on a ...
July 26, 2018, Thursday
The insurance company contested the case
July 11, 2018, Wednesday
An insurer cannot change the contract by issuing circular and depriving the customer of stated benefits
- If error is inadvertent, claim must be paid
- Can't reject claims due to discrepancies in proposal
- Major shift to digital space demands data security, cyber insurance
- Insurance business insecure and uncertain as Covid-19 damage claims mount
- Insurance grace period may give rise to disputes
- Policy change doesn't impact continuity