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Tag: Fire Insurance

firecrackers
As India prepares for Diwali this October, the streets will glow with lamps, sweets will be exchanged, and fireworks will light up the night sky. But with these fireworks comes
war
Does your insurance cover War?

By: Insurancepe May 16, 2025

In light of the recent tensions along the India-Pakistan border, a question that has come up time and again is: Does insurance cover war-related damages? Let’s break it down by
Claims data 2024
Concerning claims payment data 2024

By: Insurancepe January 4, 2025

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
safe deposit lockers insured?
Safe deposit lockers – are they insured?

By: Insurancepe November 21, 2024

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 Trombay
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
The Myth of 'Sold, Not Bought'
Insurance is not Bought, but Sold

By: Insurancepe March 28, 2024

People tend to be certain that they will live a hundred years; be damn sure that their house will not burn down; that their car will not be totaled in
Domino's Pizza Case Study - reputation management online
Success in the restaurant business is no easy feat.  Perhaps the only thing more difficult is living up to the customers’ expectation of the reputation built over the years. While
Is your bank loan insured?

By: Insurancepe October 21, 2023

When Mr. S. Kumar took a loan of Rs. 10 Lakhs for his business in 2018, the bank, in Namakkal district of Tamil Nadu, deducted a premium of Rs. 35,535
CERTAINTY or UNCERTAINTY – Your Preference

By: Insurancepe July 5, 2023

“The whole world’s in a terrible state o’ chassis” – Captain Boyle from the play Juno and the Paycock. As Jean-Jacques Rousseau rightly said, “Everything, including life is in constant
Fighting Fire – Types of Fire

By: Insurancepe June 21, 2023

Fire insurance covers damages and losses caused by accidental fire. Such insurance covers the loss that the insured may suffer due to destruction of or damage to property or goods,