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…
Tata AIA Life Insurance is taking steps to enhance its presence in the health insurance sector by offering a broader range of policies. The company’s goal is to provide short-term health insurance and indemnity plans, pending the approval of the Insurance Regulatory and Development Authority of India (Irdai) to allow insurers a composite license for…
A significant judgment reinforcing policyholder rights in insurance contracts In a significant ruling that strengthens the rights of policyholders, the Jammu & Kashmir and Ladakh High Court has held that an insurance company cannot rely on a concealed or inadequately disclosed exclusion clause to reject a genuine insurance claim. The judgment reiterates a fundamental principle…
Discover the different types of motor insurance available and learn how to safeguard your vehicle against flood damage. Explore essential coverage options, recommended precautions, and valuable add-ons to ensure comprehensive protection for your valuable asset. Introduction: Motor insurance plays a vital role in safeguarding your vehicle against unforeseen risks, including natural disasters like floods. It…
Discover the superhero potential of having dual life insurance policies! Explore the benefits, pitfalls, and essential tips for navigating the world of multiple life insurance plans. Ensure a stress-free payout for your loved ones with transparency and expert guidance. The Dual Insurance Dynamic Life insurance regulations and policies vary, underscoring the importance of thorough policy…
Discover the remarkable rise in Insurance Awareness in India, catalyzing financial security and economic growth. Explore key developments, historical milestones, and the impact on individuals and communities. Introduction to Insurance Awareness In a transformative journey, Insurance Awareness has experienced an exceptional surge, playing a pivotal role in shaping a secure and economically vibrant future for…
[ad_1] In a bid to increase competition in India’s insurance industry, the Insurance Regulatory and Development Authority of India (IRDAI) has given the green light to two new life insurance companies. Acko Life Insurance Ltd. and Credit Access Life Insurance Ltd. have been granted certificates of registration to begin operating in the country. This marks…
Discover the essential fundamentals of insurance in a quick 2-minute read! Uncover key insights and gain a solid understanding of insurance basics to make informed decisions. Your comprehensive guide to navigating the world of insurance effortlessly. Executive Summary Insurance is a form of risk management that offers financial protection against unforeseen losses by transferring the…
