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RS 50 LAKH INSURANCE CLAIM
Indians opt for higher life insurance cover as average premium rises 43%- Insurer rejected Rs 50 lakh claim after man’s death; consumer panel finds insurer at fault, orders full payout with 6% interest
- Wife sought higher maintenance citing husband’s wealth; High Court rejects plea but orders Rs 46 lakh for daughters' education
- Income tax for senior citizens: No salary after retirement? These 7 incomes can still attract tax; know what is exemptRetirement is not synonymous with tax freedom. Your pensions, interest income, rental earnings, and capital gains may still incur taxes. It...13 Aug, 2026, 10.47 AM IST
- Have over Rs 1 crore cash to invest? Expert suggests portfolio for retirement, children’s goalsAn investment advisor recommends a tailored strategy for a surplus of Rs 1.31 crore, focusing on balancing risk and stability for retiremen...13 Aug, 2026, 10.09 AM IST
- India needs to double infra investments to Rs 40 lakh cr/year to achieve growth ambitions: NaBFID MDIndia must double infrastructure investments to forty lakh crore rupees annually. This significant scaling up is crucial for achieving long...12 Aug, 2026, 07.47 PM IST
- Brahmaputra floods in Assam to moderate as hydropower projects rise in Tibet, Arunachal Pradesh: Himanta Biswa SarmaIn a proactive move, Assam's Chief Minister highlighted the importance of using hydropower projects from Tibet and Arunachal to mitigate fl...12 Aug, 2026, 07.15 PM IST
- Insurer denied claim against workplace accident during lunch break; employee escalated the issue in Delhi HC and won ₹7.86 lakh compensation with 12% interestEmployee denied compensation as he lost his left leg due to accident at workplace during lunch-break; Delhi HC orders insurance company to ...11 Aug, 2026, 08.55 PM IST
- SC ruling may widen motor insurance cover for vehicle occupants, pillion ridersMotor insurance policyholders will receive broader occupant protection following a Supreme Court ruling. The court directed the insurance r...11 Aug, 2026, 02.22 PM IST
- Motor insurance bills could feel the pinch as insurers crack down on third-party fraudMotor insurers are intensifying efforts to curb third-party claim fraud as rising court awards and more uninsured vehicles increase pressur...11 Aug, 2026, 12.44 PM IST
- Sold property for Rs 94 lakh despite a stamp value of Rs 1.93 crore, received an income tax notice under Section 50C; ITAT Chennai grants relief for this reasonChennai man sold property for Rs 94 lakh despite Rs 1.93 crore stamp duty value; so tax dept sent notice u/s Section 50C to tax the differe...10 Aug, 2026, 05.24 PM IST
- Insurer-hospital panel on the cards to resolve disputes, says General Insurance Council CEODr S. Prakash, CEO, Health Insurance Ecosystem & Strategic Partnerships, General Insurance Council, speaks to Preeti Kulkarni on policyhold...10 Aug, 2026, 12.10 PM IST
- Group term life: Why salary-linked insurance cover can matter after death and offer critical financial support to familyThe objective of life insurance is to provide a replacement income to the dependents of the deceased employee. That is why it is important ...10 Aug, 2026, 12.08 PM IST
- FIRE isn't the finish line: Escape from 9-5 with early retirement is fine but finding purpose after financial freedom is crucialVamsi Ayyagari and Gajendra Sharma are among professionals who are leaving corporate jobs to follow their entrepreneurial dreams. They focu...10 Aug, 2026, 11.37 AM IST
- AU$100,000 salary sounds like Rs 67 lakh in India, but an Indian in Australia explains the realityAn Indian man in Australia explained salary conversion differences to his family. His AU$100,000 annual income appears large when converted...09 Aug, 2026, 11.06 PM IST
- Buying health insurance after 60? Here's how senior citizens can reduce premiums and increase coverageWorried about rising healthcare costs after 60? Discover how senior citizens can secure robust health insurance without breaking the bank. ...07 Aug, 2026, 08.43 AM IST
- PB Fintech Q1 Results: Policybazaar parent's profit soars 92% to Rs 163 crore as insurance premium grows 41%PB Fintech reported a 92% year-on-year rise in Q1FY27 consolidated profit to Rs 163 crore, driven by robust insurance premium growth, highe...05 Aug, 2026, 08.31 PM IST
- Life insurer rejected Rs 70 lakh death claim, but consumer commission ordered it to refund Rs 7 lakh premium despite a lapsed policy; here's whyA life insurer denied a seventy lakh death claim after a policy lapsed. The policyholder had paid seven lakh as the first year premium. The...04 Aug, 2026, 10.54 AM IST
- LIC rejects claim saying past typhoid, jaundice were not disclosed: Court says the illnesses have no link to sudden heart attack that killed the policyholder; orders insurer to pay over Rs 10 lakhLIC rejects insurance claim saying policyholder hid illnesses: LIC rejected a death claim filed by a Guntur widow, arguing her husband had ...31 Jul, 2026, 09.58 AM IST
- Do you really need home loan insurance if you already have a term insurance plan?Home loan insurance is designed to pay off outstanding loans if the borrower passes away, while term insurance provides a one-time payment ...29 Jul, 2026, 12.22 PM IST
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