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…
Understand Reinstatement Value Policy (RVP) in insurance, how it differs from Market Value, benefits, claim conditions, and key points business owners must know. What is Reinstatement Value Policy? A Reinstatement Value Policy (RVP) is an insurance policy condition where damaged property is insured at the cost of reinstating or replacing it with a new item…
Life insurance is meant to provide financial security to beneficiaries after the policyholder’s passing. However, the process of receiving the insurance payout isn’t always straightforward. In this blog, we will delve into the intricacies of why you may be facing challenges in cashing your father’s life insurance check from the insurance company, especially if they…
Fire Insurance: Explore the comprehensive world of Fire Insurance and its formidable features designed for ultimate protection. Discover the positive power of safeguarding your assets with our in-depth guide on what Fire Insurance entails. Secure your peace of mind today! Introduction to Fire Insurance: Welcome to our comprehensive guide on fire insurance! We will explore…
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….
Introduction: HDI Global SE: “Empowering Businesses with Tailored Insurance Solutions for a Secure Future.“ HDI Global SE has implemented significant changes in its UK & Ireland branch to support its ambitious growth strategy. The company has appointed Antonia Osborne as the new Director of Underwriting, responsible for underwriting performance and future strategy. Alongside this, Philip…
We will discover the ins and outs of Fire Insurance in this comprehensive blog. We will gain insights into the importance of fire insurance, how it works, coverage options, and expert tips for safeguarding your assets. Get empowered with the knowledge to make informed decisions and protect yourself against fire-related risks. Introduction to Fire Insurance:…