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TATA AIG REJECTS INSURANCE CLAIM
LIC rejects insurance claim saying policyholder hid illnesses: Court says past typhoid, jaundice had no link with sudden heart attack; insurer ordered 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 ...- Tata AIG rejects stolen bike insurance claim over delayed FIR: Court says police delay can't cost a policyholder their compensation; orders insurer to pay over Rs 2 lakhTata AIG rejects stolen bike insurance claim over delayed FIR: Tata AIG General Insurance ordered to pay over Rs 2.19 lakh by a Visakhapatn...
- Bank of Baroda may trigger cyber insurance claimBank of Baroda has filed a preliminary claim under its cyber insurance policy after a suspected data breach exposed nearly 1 TB of customer...
- Insurers redraw playbook as AI risks spawn new coverAI-specific underwriting is being built into existing policies, with standalone products expected as the market matures.
- Star Health Insurance Q1 Results: Profit jumps 25% to Rs 550 croreStar Health reported a twenty-five percent net profit increase for the first quarter. Total income rose to Rs 4,471 crore from Rs 3,990 cro...
- Will using E20 petrol lead to insurance claim rejection? Here’s what govt saysThe Ministry of Petroleum and Natural Gas has clarified E20 petrol use. Insurance claims cannot be rejected solely based on using E20 fuel....
- Air India turnaround to take 5-10 years, says Tata Sons' ChandrasekaranTata Sons chairman N. Chandrasekaran said Air India's turnaround will take five to 10 years, citing supply-chain constraints, legacy system...
- Bank of Baroda Data Leak: Compromised employee email linked to alleged 1TB data leak on darknetBank of Baroda said its recent data leak resulted from the compromise of a single employee's email account and did not affect its core bank...
- NRIs can now buy term insurance in USD from India: Policybazaar explains how new plan protects against currency riskNon-Resident Indians can now purchase US dollar-denominated term insurance plans in India. These plans are available through Policybazaar's...
- ICICI Lombard rejects Rs 50 lakh accidental death insurance claim, consumer court said insurers can't add new claim conditions. Here's what happenedA consumer commission ordered ICICI Lombard to pay fifty lakh rupees to a policyholder's nominee. The policyholder died in a road accident,...
- Regulator warns insurers against deep discounts on fire risk coverThe insurance regulator has flagged aggressive underpricing in fire insurance, with discounts of up to 99% on large industrial risks, warni...
- Aditya Birla Health approved insurance before treatment, then cancelled it during discharge: Family left to pay Rs 44,000 hospital bill gets relief; court orders Rs 74,000 payoutAditya Birla Health approved insurance, then cancelled it during discharge: A Delhi consumer commission has ordered Aditya Birla Health Ins...
- LIC rejects life insurance claims saying policyholder hid diabetes: Court finds disease was diagnosed only after buying the policies; orders over Rs 60 lakh payoutLIC rejects life insurance claims saying policyholder hid diabetes: The National Consumer Disputes Redressal Commission has ordered LIC to ...
- 5 critical checks before buying health insurance policy to avoid claim rejectionsChoosing health insurance requires careful consideration of several important factors. Opting for a policy simply because it has a low prem...
- Oriental Insurance rejects mediclaim saying policyholder's hospitalisation wasn't necessary: Court says doctors, not insurers, decide medical necessity; orders over Rs 2 lakh payoutOriental Insurance rejects claim saying hospitalisation wasn't necessary: A Delhi consumer commission has ordered Oriental Insurance to pay...
- NRI insurance: Benefits, risks, and features of GIFT City’s dollar-denominated insurance plansMany companies—including HDFC Life International, ICICI Prudential Life, ICICI Lombard, Star Union Dai-ichi Life, IndiaFirst Life and Tata-...
- HDFC Life rejects Rs 50 lakh insurance claim over two existing policies: Widow wins after court finds the proposal form never asked about other insurers; full payout orderedHDFC Life rejects Rs 50 lakh insurance claim over two existing policies: A Kurnool consumer commission has ordered HDFC Life Insurance to p...
- ICICI Lombard denied health insurance claim, stating the policy was cancelled; policyholder wins the case in consumer court, here’s whyAn insurer's appeal was dismissed by the Delhi State Consumer Commission. ICICI Lombard failed to submit its written statement within the l...
- Aadhaar alone can't determine victim's age in accident claims: Chhattisgarh HCChhattisgarh High Court ruled insurers are not liable before policy issuance. The court found the tribunal wrongly used Aadhaar for age det...
- Tata AIG rejects mediclaim saying policyholder hid a disease: Court says 'insurance companies are only interested in premiums'; orders insurer to pay over Rs 60KTata AIG rejects mediclaim of a policyholder: A consumer court in Haryana has directed Tata AIG to pay a policyholder after finding the ins...
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