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Tag: property insurance

insurance fraud
The reward of insurance fraud

By: Insurancepe November 6, 2025

It might sound like a clever plan: report a fake fire, show some forged bills, and walk away with a cheque from the insurer, but for two Mumbai-based businessmen, that
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
Mona Lisa
The uninsured Mona Lisa

By: Insurancepe August 13, 2025

The world’s most famous painting The Mona Lisa, painted by Leonardo da Vinci in the early 1500s, is more than a masterpiece, it’s a cultural icon.Housed in the Louvre Museum
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
bima trinity
Insurance in India is about to become simpler, more accessible, and affordable. The Insurance Regulatory and Development Authority of India (IRDAI) has introduced an innovative three-part strategy called “Bima Trinity”
Flight insurance, train insurance, travel insurance, accidental coverage insurance
How does it compare to standalone insurance?

By: Insurancepe April 24, 2025

What is Embedded Insurance? Embedded insurance is coverage seamlessly integrated into everyday purchases or services, offering protection exactly when and where you need it. Think of it as insurance that’s
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
Deductible and excess
Deductible vs Excess? Compulsory vs Voluntary?

By: Insurancepe August 30, 2024

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