In a heart-wrenching case, the Calcutta High Court has delivered a verdict stating that death caused by a mosquito bite is not covered under an accident insurance policy. The court reasoned that illness does not fall within the scope of accidental death, and a mosquito bite lacks the suddenness and shock required to be classified…
In the world of insurance, STFI, which stands for Storm, Tempest, Flood, and Inundation, plays a crucial role in providing thorough coverage. These four natural disasters—storms, tempests, floods, and inundations—can cause significant damage to homes and belongings. Understanding what STFI covers is essential for those looking to protect themselves from the unpredictable forces of nature….
Can insurance be considered as a means of passive wealth creation? This is a common question asked by many. Many people wonder whether insurance can serve as a passive source of wealth creation. However, the answer to this question is simply ‘NO’ , insurance cannot be described as a way to create wealth passively. It…
In today’s digital world, cyber threats are increasing in frequency and sophistication, making cybersecurity insurance an essential safeguard for businesses of all sizes. From ransomware attacks to data breaches, organizations face significant risks that can lead to financial losses, legal liabilities, and reputational damage. Cybersecurity insurance helps cover these costs, ensuring businesses can recover swiftly…
Dive into the captivating story of the SS Baychimo, a ghost ship that defied time and nature. Discover the remarkable insurance policy designed to safeguard against its elusive nature. Unravel the mysteries of this phantom vessel and explore the intriguing world of marine insurance. Introduction: The captivating legend of the SS Baychimo takes us into…
Discover how to secure your health insurance coverage even after losing your job. Explore the benefits of health insurance portability in India and learn how to navigate the transition with a personalized plan tailored to your unique healthcare needs. In the dynamic landscape of India’s workforce, job security is often uncertain. This blog delves into…
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…
Surrogacy: A New Hope for Childless Couples. In a significant move, the Insurance Regulatory and Development Authority of India (IRDAI) has directed all insurance companies to include the cost of surrogacy under their health insurance policies. This development is expected to provide a ray of hope for couples who have been struggling with fertility issues…
