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INSURANCE COMPANY DENIES MEDICAL CLAIM
Insurance company rejected Rs 3 lakh mediclaim saying it was an obesity treatment; court found the surgery also treats high BP, weight gain, knee pain; insurer ordered to pay Rs 3.5 lakhAn insurance company rejected a Rs 3.2 lakh mediclaim by calling a weight loss surgery an obesity treatment excluded under the policy. The ...- Rs 89,000 foldable phone developed black line along the crease within a year, company denied warranty and asked Rs 1.3 lakh for repair; Google ordered to pay Rs 1.1 lakhA Kasaragod district consumer commission has ordered Google to refund the full price of a customer's foldable phone after the company denie...
- Rs 5 lakh health insurance claim denied by insurer over waiting period for pancreatitis; here's why the policyholder's wife wonA health insurer cannot automatically reject claims using waiting-period clauses. The Mumbai Consumer Commission ruled that insurers must p...
- Taliban denies Masood Azhar is in Afghanistan, rejects Pakistan's repeated claimsThe Taliban regime has denied Masood Azhar's presence in Afghanistan. Pakistan claims Azhar fled to Afghanistan while facing FATF pressure....
- Shriram General Insurance inks pact with SK Finance for distribution of insurance productsShriram General Insurance has partnered with SK Finance to enhance customer access to insurance products in vital markets. This exciting co...
- LIC expects no immediate government stake sale, eyes long-term growth: CEOLIC does not expect the government to sell another stake in the insurer in the immediate future, CEO R Doraiswamy said. The state-owned ins...
- Centre may provide 100% funding support for medical testing equipment, says Piyush GoyalThe government will fully fund the acquisition of advanced medical testing equipment. Domestic firms are encouraged to seek technology part...
- Whose bill is it when the fire spares the house but poisons the air? California just made that callCalifornia wildfire survivors gain new protections with the Smoke Damage Recovery Act. This legislation establishes the nation's first scie...
- Should homemakers buy a term plan? Here’s why their unpaid work has real financial valueThe contributions of homemakers to household management have substantial economic significance that is now being acknowledged by life insur...
- ₹1 crore health insurance for each of 18 family members at just ₹7,000 a year: Marwadi grandfather’s secret strategy to handle medical emergency goes viralMarwadi grandfather pays ₹7,000 a year to insure 18 family members for ₹1 crore: A wealth advisor’s viral X post highlights how a Marwadi g...
- Public Insurance Registry: From tracking policies to improving claim processing, how PIR could benefit policyholdersIndia's Insurance Regulatory and Development Authority of India (IRDAI) has introduced a groundbreaking Public Insurance Registry aimed at ...
- Nepal floods could cost insurers over $130 mln even before death, injury claimsNepal's recent flood may cause over 20 billion Nepali rupees in insured losses. Hydropower projects sustained the most significant damage f...
- Insurer can't reject claim if alcohol habit disclosed before policy purchase: Consumer commissionA consumer commission ordered Edelweiss Tokio Life Insurance to pay over fifty lakh rupees. The company rejected a widow's claim despite di...
- Nepal floods could cost insurers over $130 million even before death, injury claimsNepal’s devastating floods could trigger more than 20 billion Nepali rupees ($132.3 million) in commercial insurance losses, with hydropowe...
- Should young professionals buy health insurance beyond their employer cover?Employer health insurance offers peace of mind, but what happens when you change jobs? This article explores the benefits of securing your ...
- Won't chase top-line growth at any cost: SBI General CEO on fire insurance pricing warSBI General Insurance will not chase fire insurance business at unsustainable prices. The company aims to improve profitability and maintai...
- Dubai health regulator bans exaggerated medical claims on social media by doctors and influencersDubai's health authority has banned exaggerated medical claims on social media. Healthcare facilities are now responsible for influencer co...
- Insurer rejects motor insurance claim citing invalid driving licence; policyholder fights back and wins Rs 3.5 lakh in consumer commissionA motor insurance claim was rejected by HDFC General Insurance over driver's license concerns. The West Bengal Consumer Commission found in...
- Health insurance during pregnancy: When unrelated illnesses can lead to claim rejectionWithout maternity cover, pregnancy-related complications aren’t covered, but disputes can arise over whether the exclusion extends to unrel...
- Chandigarh Taxi Union protests against cab aggregators over alleged exploitationChandigarh taxi drivers continue their ninety-day protest against cab aggregators. They demand government-mandated fares and promised polic...
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