Insurance Company Not Liable To Pay Compensation For Death Of Gratuitous Pass...

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Question of Law "Whether the Insurance Company can be held liable to answer the claims of persons who are either "Unauthorized Passengers" or "Gratuitous Passengers" in a "Goods Vehicle"? I...

Mental Health Insurance in India: Developments in the Recent Years

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In India, mental health is usually neglected, if not explicitly demeaned. Mental health should not be taboo in today's fast-paced, intensely competitive society since it is just as vital as phy...

Human Life Value (HLV): Is This Concept Understood And Practiced While Taking...

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The human-life technique is a formula for determining the amount of insurance coverage required in the event of a fatality. The method bases the calculation of the insurance cover amount on the...

Analysis Of Suicide Clause In Life Insurance Policy

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A life insurance policy is an agreement between the policy owner (the insured) and the insurer (the insurance enterprise), whereby the insurer agrees to pay the designated beneficiary a certain...

Insurance Ombudsman: Grievance Redressal Mechanism

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The insurance Ombudsman is an alternative dispute resolution forum set up to resolve disputes relating to insurance contracts. Established in 2000, under the Public Grievance Redressal Rules of...

What is Sports Betting Insurance? A Complete Guide

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Sports betting is a lucrative industry with great revenue potential. It is a flourishing industry that is constantly expanding and many investors are looking to enter the market by launching th...

Need To Study Insurance Laws In India

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Insurance as a sector received impetus by the nationalisation of the Life Insurance Corporation of India in 1956 and henceforth by the passing of this Act. With time, in 1999, as the global eco...

Theory Of Probablity And Theory Of Cooperation

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The very foundation of the Insurance Industry as a risk-pooling social system is based on two theories - The Theory of Probability and the Theory of Cooperation. Insurance law as a branch of la...

Usha Devi vs New Assurance India

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An unfortunate incident can occur anytime which is why insurance is required. Insurance can help a person to be prepared for any future financial losses and to cover their needs for lifetime. I...

Evolution of General Insurance in India

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What Is General Insurance Any non-life insurance including medical, automobile, or a certain piece of painting, and nowadays even mobile phone insurances come under the ambit of the General In...