Explore the features of ICICI Prudential Life Insurance’s latest offering, the ICICI Pru Guaranteed Pension Plan Flexi with Benefit Enhancer, which stands as the industry’s first annuity plan providing customers the unique option of a 100% premium refund. Learn how this innovative plan addresses retirement planning concerns and aligns with regulatory proposals for fair surrender…
In the ever-changing realm of financial security, understanding insurance can feel like finding your way through a maze. Two key players, Health Insurance and Term Insurance, often seem mysterious. But fear not! Let’s break it down in simpler terms, uncovering their special features and seeing how they work together to create a safety net for…
NCDRC Directs New India Assurance to Settle Substantial Claim in Deceased Policyholder’s Case In a recent development, the National Consumer Disputes Redressal Commission (NCDRC) has modified an earlier order, instructing New India Assurance Co Ltd to reimburse a significant portion of medical expenses incurred by the deceased policyholder. The NCDRC, while addressing the case of…
CAR Policies: In the realm of construction projects, particularly those involving substantial civil works such as roads, dams, bridges, and hydro power plants, risk management becomes paramount. This is where the Contractor’s All Risk or also known as CAR Policies steps in, offering a robust safety net against an array of potential perils. Policy Coverage…
Discover the intricacies of property insurance as we delve into the world of cosmetic damage issues. From defining cosmetic damage to exploring legal nuances, learn how insurers handle exterior damages and the impact on coverage. Dive into real-life cases and court interpretations, ensuring you’re equipped to navigate the evolving landscape of property insurance. The Realm…
Explore recent shifts in LNG vessel routes, with a focus on the Red Sea. Discover why some ships are bypassing Yemen, altering their paths through the Suez Canal. Stay informed on geopolitical influences impacting maritime transportation around the Red Sea. Four liquefied natural gas (LNG) vessels recently changed their course to avoid sailing close to…
Discover unparalleled global healthcare coverage with Reliance Health Global. Our revolutionary health insurance policy transcends borders, offering extensive coverage within India and up to $1 million globally. Experience peace of mind with unmatched features, including comprehensive Visa services and support for unforeseen situations. Rely on us for a seamless healthcare journey. Introduction: In a groundbreaking…
Explore the Supreme Court’s landmark decision emphasizing trust in insurance contracts, particularly in the context of a significant ‘fire insurance’ claim. Delve into the nuanced judgment that rectified an unjust repudiation, setting a precedent for the industry and reaffirming the pivotal role of trust in safeguarding policyholders’ interests. In a judicial pronouncement, a bench comprising…