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ORIENTAL INSURANCE REJECTS CLAIM
LIC rejects five life insurance claims saying policyholder hid diabetes: Court finds disease diagnosed only after buying the policies; orders over Rs 60 lakh payoutLIC rejects five life insurance claims saying policyholder hid diabetes: The National Consumer Disputes Redressal Commission has ordered LI...- Should I sell gold to buy a second home, or is it better to pledge it?ET Wealth Reader's Query: I am 45, and want to buy a holiday home, or what may be called a second home. I do not have any major financial c...
- 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...
- Motor insurance: Consider issuing circular standardising cross-border coverage clauses, SC to IRDAIThe Supreme Court on Monday asked IRDAI to consider issuing a master circular to standardise cross-border coverage clauses in motor insuran...
- 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...
- US judge won't block Meta from laying off workers who filed AI discrimination lawsuitDistrict Judge William Orrick in Oakland, California, in a written order said he would not stop Meta from carrying out the layoffs beginnin...
- 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...
- E20 petrol damages Maruti Grand Vitara: In a first, consumer court orders manufacturer & dealer to replace the car or pay over Rs 21.6 lakh to Chhattisgarh car ownerE20 petrol battle reaches court: A consumer court has ordered a vehicle manufacturer and dealer to reimburse repair costs after a vehicle o...
- ICICI Lombard Q1 profit slumps 46% to Rs 403 crore on fire claims, SC verdict impactICICI Lombard's net profit fell 46 per cent in the June quarter. This decline resulted from two large fire insurance claims. A Supreme Cour...
- India's war-risk insurance pool faces its first real-world testIndia's new maritime insurance pool has received its first claim. A vessel covered by the arrangement was damaged in a drone attack. This i...
- ICICI Lombard Q1 Results: Profit falls 46% on commercial insurance slowdown, higher claimsICICI Lombard reported a dramatic forty-six percent drop in profit for the first quarter, attributed to a downturn in commercial insurance ...
- 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...
- Life insurers seen posting mixed Q1 nos, health players likely to outperformLife insurers anticipate slower premium growth amid economic uncertainty and geopolitical tensions. Health insurers are poised for strong p...
- Input tax credit relief for companies on staff cars, insurance likelyCompanies may soon claim input tax credit on employee vehicles. Group health and life insurance policies for staff are also included. The G...
- Personal loan application rejected? Here are 6 real reasons banks said no & a 5-step fix-it plan
- 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...
- Should you go for accidental death insurance despite having term insurance? Check this before decidingTerm insurance offers protection, but an accidental death rider provides additional payout. This rider is an optional add-on, not a replace...
- Bajaj Allianz rejects car insurance claim saying damage didn't match owner's story: Court orders Rs 20 lakh compensation under the policyBajaj Allianz General Insurance rejected a Punjab man's Rs 20 lakh claim after his BMW was totalled in a road accident involving stray catt...
- Cashless health insurance claim rejected? You may still get your claim settled; here’s howCashless health insurance claims are often rejected due to documentation or procedural issues, not outright denial. Understanding the reaso...
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