Have you ever noticed that the Claim Settlement Ratio (CSR) of nearly any Insurer in India always happens to be over 90%! The Government, with its goal of Insurance for

The Insurance Regulatory and Development Authority of India (IRDAI) has revealed concerning data for FY2024: nearly one-third of all registered insurance claims remain unpaid. This includes over 3 crore claims

On 18th November 2024 robbers decamped with 19kg of gold ornaments valued at Rs. 13 crore kept in the strongroom of the State Bank of India (SBI) branch of Rayaparthy

Tata Power recently made headlines by filing a substantial insurance claim of Rs. ₹221 crore following a fire at its Trombay Plant (Unit 5) on September 24, 2024. This fire

Before 1999, the Indian film industry never considered insuring the projects that were undertaken. Despite all the uncertainty and risk involved, the insurance considered Bollywood uninsurable mainly because the industry

Be it motor, health or property insurance, you have probably encountered the terms excess and deductible at the time of buying your insurance policy – or, at the time of

If you have insured your life, you are probably familiar with the term ‘nomination’. But are you aware of how important having a nomination on your life insurance policy is?

So, you are sure you understand every term/phrase used in your motor insurance policy? What if we said that you do not? VEHICLE OR CAR: The term vehicle or car

We already know that motor insurance is compulsory by law. People pay thousands of rupees towards premiums to comply with this legal requirement. We also know the phrases: Comprehensive and

A statement in the motor insurance policy wording reads: “this policy and the schedule shall be read together and any word or expression to which a specific meaning has been