Can I get claim for more than one personal accident policy? Personal accident (PA) insurance is designed to give financial protection to you and your family in case of an untoward accident that may result in death or disablement. PA cover helps in filling the void, to an extent, created by non-existence of the deceased regular earning. If you hold multiple PA policies, in case...
MUMBAI: With a view to improve transparency in reinsurance contracts, the sectoral watchdog Irda today said that it is planning to introduce an electronic re-insurance platform for insurers. http://economictimes.indiatimes.com//articleshow/11965837.cms "We are going to come out with re-insurance platform for both local and foreign re-insurers,"...
General Insurance Premium May Double To Rs 1 Lakh Crore By '15, Says Pranab Mukherjee NEW DELHI: Finance Minister Pranab Mukherjee on Saturday said the annual general insurance premium collection could double to Rs 1 lakh crore in the next three years on the back of rising insurance penetration and disposable income. ...
CERS Intervenes In Medical Insurance Logjam Place : Ahmedabad Jyotsna Patel will be paid more than the assured sum of Rs 1 lakh by United India Insurance which had previously denied her claim after her husband Ambalal succumbed to a head injury. In a similar case, Himanshu Barot was also denied insurance money after the death of his wife Jagruti, who died of blood...
Oriental Insurance, National Insurance Need Rs 1,000 Crore As Motor Pool Strains Solvency Place : Mumbai The government may have to invest 1,000 crore in two non-life insurance companies - Oriental Insurance and National Insurance - to make up for provisioning requirements towards third-party motor pool by March, said two people close to the development. Of...
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