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LIFE INSURANCE CLAIM
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...
In 1881, a rich silver vein turned Lake Valley, New Mexico, into a town of about 4,000; by 1902 only 150 remained, and the last residents left in 1994Silver mining in Lake Valley began in the 1870s and boomed after a major discovery in 1881. Lawlessness and a railroad spur followed the pr...
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 ...
Insurers plan floor for fire cover to avoid large burnsNon-life insurers are considering a minimum rate for fire insurance's natural catastrophe component. This move follows concerns about steep...
ET Product of the Year Awards 2026: Where consumer products meet real-world relevanceThe Economic Times Product of the Year Awards 2026 are evolving their focus from mere launch promises to tangible post-market success. This...
Huge growth opportunity as rising incomes, longevity fuel insurance demand: LIC CEOIndia's insurance sector anticipates strong demand for protection and savings products. LIC aims to adapt its distribution and product mix ...
IRDAI pitches public insurance registry to reshape industryIndia's insurance regulator is proposing a Public Insurance Registry for data sharing. This digital infrastructure will connect insurers, i...
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...
GST Council to hold 57th meet on Sept 12 with ITC, simplifying the GST corporate guarantees & more on agendaThe GST Council will meet on September 12 to discuss key reforms. Proposals include easier input tax credit access for buyers and simplifie...
India’s Reinsurance: Hidden tax or treaty? Best way to expand tax base is to redraw map of where business is doneIndian insurers transfer risk to global reinsurers, impacting tax treaties. These international agreements often prevent India from taxing ...
Should you close your PPF account after becoming an NRI? Here’s what to know about maturity, withdrawal, and tax rulesMoving abroad as an NRI? Your PPF account might not need immediate closure. Discover how your contribution, withdrawal, and maturity option...
In 1961, two Wisconsin fishing buddies vanished without a trace but now the mystery of their haunting disappearance has been solvedIn 1961, two Wisconsin fishing buddies vanished without a trace but now the mystery of their haunting disappearance has been solved. Ronald...
Is ₹5-10 lakh health insurance cover enough? Check these 3 factors to know how much you needHealthcare costs in India are soaring due to escalating medical inflation. Experts warn that securing adequate health insurance is no longe...
Can Turtlemint Fintech shares rally to Rs 190? Why Jefferies initiated coverage on the stockJefferies has initiated coverage on Turtlemint Fintech Solutions with a Buy rating and a target price of Rs 190, implying 37% upside. The b...
NRI bought life insurance policy in Dubai from a foreign insurer, got maturity proceeds after returning to India, his claim for tax exemption was denied; he won the case in ITAT for this reasonAn Indian resident successfully challenged the tax department's claim of undisclosed foreign income on maturity proceeds from a Dubai life ...
Care Health Insurance rejected heart attack patient's mediclaim over ‘pre-existing diabetes, hypertension’: Court says these are ‘lifestyle diseases’; orders insurer to pay Rs 2.1 lakhCare Health Insurance has been ordered to pay Rs 2.1 lakh after a Delhi consumer commission ruled that rejecting a heart attack patient's m...
NRI life insurance protection plans can be 50–60% cheaper in India: Should you buy here or in your country of residence?NRIs can buy life insurance in India to protect financial obligations. Additional KYC and underwriting requirements apply for non-resident ...
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...