Insurance to go paperless
Millions of insurance policy holders can soon get rid of their physical policy certificates and hold them in electronic mode in the same way as equity shares are held in demat account. Read more
INSURANCE POLICY
If your insurance policy application is rejected
You might not get another one. If you do, it will be at a much-higher premium. A young information technology professional applied for an online term life plan from a private insurance company. Read more
Home loan customers are not bound to buy insurance policy
Buy two and get a third one at a discount. One often comes across such offers at apparel, footwear or electronic stores. Even in financial products there are such offers. Banks offer their existing borrowers additional loans at lower rates. Read more
Checklist before buying a Insurance policy
It is important for you to know answers to a few crucial questions before buying an insurance policy. This not only helps in understanding the policy better, but also ensures peace of mind during the entire policy term. Here’s helping you get started.
Read moreMotor Insurance is a contract of Indemnity.” Discuss
The principle  of indemnity requires that when a loss arises  under an insurance policy, the loss must be made good in such a manner that financially the insured is neither better off nor worse off as the result of the loss. The object of this principle is to place the insured after a loss in the same pecuniary position as far as possible as he occupied immediately before the loss. Read more
Life Insurance Article : How to use your insurance to help your adult children
If you are trying to help your adult children find their financial footing during the current recession, you’re not alone. Read more
Insurance Co can’t go back on policy once its issued
Once an insurance company has issued a policy, it cannot later reject the insured person’s claim on the ground that cover was given in violation of terms and conditions, the Delhi State Consumer Commission has ruled.
Read moreNecessity of training for the General Insurance Agents
Having put in service of more than 4 decades in the insurance industry, I had been seeing that among the Read more
Preparation of Marine Cargo Policies
It is generally observed that most of the marine policies issued are defective. The areas where the mistakes are being committed are in attaching the clauses. Read more
Forum Makes United India Pay Mediclaim
The Consumer Disputes Redressal Forum, Ahmedabad (Rural), has partly allowed a complaint filed jointly by Consumer Education and Research Society Read more