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INSURANCE POLICY CLAIMS
Life insurer denied Rs 1 crore death claim over earlier policy postponement on medical grounds; here's why family wins in state commissionA life insurance claim was rejected due to alleged non-disclosure of a prior proposal. The insurer failed to prove the policyholder knowing...- Insurer rejected Rs 50 lakh claim after man’s death; consumer panel finds insurer at fault, orders full payout with 6% interestInsurer rejected Rs 50 lakh claim after man’s death: A consumer commission has directed Cigna TTK to pay Rs 50 lakh after finding that the ...
- Corporate cover rates decline amid ample capacityInsurance rates for fire, cyber, professional indemnity and directors’ liability fell sharply in the June quarter as abundant capacity inte...
- Cyber risks, EV batteries, breakdowns and more covered by this new motor insurance policy; check what all it offersMotor insurance is undergoing a transformation! Bajaj General Insurance introduces ProShield, specifically designed for defence personnel t...
- 15% lifetime premium discount and pregnancy break for women; check what all this women-centric new term plan offersICICI Prudential Life Insurance has unveiled the ICICI Pru iProtect Smart Her, a dedicated term plan tailored for women. This plan features...
- Supreme Court rulings set to raise insurers' third-party liabilityGeneral insurers face higher motor third-party claim reserves due to Supreme Court rulings. A recent ruling fixes homemakers' notional inco...
- India plans insurance reforms to rein in healthcare costs, sources sayIndia is considering sweeping health insurance reforms to standardise treatment rates, coverage and billing, while expanding a nationwide c...
- 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 ...
- 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...
- 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...
- 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...
- 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 ...
- 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. ...
- US to expand incentives for employers offering paid family leaveThe US Treasury Department will announce new guidance expanding employer paid family leave incentives. This policy centers on an expansion ...
- 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...
- Comprehensive health insurance: Navigating childhood illnesses, vaccination support, and kidney function careHealth insurance covers childhood illnesses and their treatments effectively. Vaccination support is a key preventive care strategy for fam...
- Using pick-up and drop for car service? Know who pays if an accident happensService centres cannot evade responsibility for accidents during vehicle pick-up and drop-off. A signed waiver does not absolve them of neg...
- National Insurance rejects mediclaim over 'hidden hypertension': Court says insurers can't deny genuine claims without evidence; orders over Rs 2 lakh payoutNational Insurance Company has been ordered to pay over Rs 2 lakh to a Thrissur man after a Kerala consumer commission ruled that the insur...
- Star Health cuts mediclaim without citing any policy clauses: Court says insurer cannot act on 'whims and fancies'; orders to pay the remaining Rs 47KStar Health Insurance has been ordered by a Guntur consumer commission to pay Rs 47,356 to a policyholder whose Covid hospitalisation claim...
- 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 ...
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