Section 138 of the NIA – Dishonoured Cheques

Suppose you get a cheque from somebody who owes you money and the cheque bounces. What happens? Under Section 138 of the Negotiable Instruments Act, the person giving you such cheque is an offender and can be punished with two years imprisonment or fine up to twice the amount of cheque or both. But there are certain conditions: Read more

Apollo Munich`s Optima RESTORE wins the Innovation of the Year Award at the Asia Insurance Industry Awards 2012

Leading health insurance company, Apollo Munich Health Insurance unbelievable, 10 month old product Optima RESTORE, has won the Innovation of the Year award recently at 16th Asia Insurance Industry Award in Kuala Lumpur.

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Health plans: Good idea to buy online or offline?

There has been a strong emergence of technical development in India in the recent years along with the use of internet as a powerful tool in our day-to-day life. With an increase in internet penetration in India the new generation of working professionals have become increasingly comfortable with transacting online. The insurance industry is very much a part of this e-commerce growth story with a slew of insurance products being sold online. Read more