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INSURANCE POLICY NEWS
‘Stolen SUV’ theft claim rejected over policy transfer, Delhi woman wins Rs 11.65 lakh
August 03, 2026 3:03 pm
A Delhi Consumer Commission has directed an insurance company to pay Rs 11.65 lakh after ruling it wrongly rejected a stolen car insurance claim over policy transfer issues.
IRDAI unveils reforms to boost insurance sector, improve policyholder protection
July 29, 2026 9:34 pm
The reforms are expected to improve ease of doing business, enhance financial resilience and support insurers’ long-term growth
Fire gutted ancestral home, insurer ‘delayed claim', owner wins Rs 1.25 crore payout
July 24, 2026 1:13 pm
The District Consumer Commission held that insurer had wrongfully delayed settlement of genuine insurance claim by repeatedly demanding documents that had already been submitted to the surveyor.
The bike crash that didn't add up: How Karnataka cops cracked a murder for insurance claim
June 24, 2026 3:20 pm
The Tumakuru police arrested the victim's elder brother and three others for allegedly killing him and staging an accident scene.
Insurer fails to prove dead man’s driving licence was fake, widow wins Rs 15 lakh cover
June 18, 2026 1:00 pm
The commission said the transport officer expressed an inability to trace old paper-format records within their current system, which does not render the physical licence copy produced to be fake.
Chandigarh consumer court overturns Rs 10 lakh insurance award in ‘filmy style’ revolver death case
June 12, 2026 2:27 pm
The Chandigarh state consumer forum denied a Rs 10 lakh insurance claim, ruling that a man’s fatal gunshot wound was a self-inflicted injury, not an accident.
Covid distress? Sharp surge in surrender of insurance policies
August 27, 2022 12:20 pm
A national lockdown announced by the government on March 24, 2020, following the Covid-19 outbreak, had forced many people out of jobs across the country, resulting in loss of livelihood and salary cuts.
Banks violate Irdai norms, sell insurance policies above Rs 5 crore, claim brokers
April 04, 2022 6:24 am
Banks, which work as corporate agents of insurance companies, are allowed to solicit insurance cover only for policies where sum assured is not more than Rs 5 crore per policy as per the Insurance Regulatory and Development Authority of India’s (Irdai’s) corporate agent regulations
Smart ideas to improve your insurance protection amid heightened uncertainties
July 19, 2021 5:35 pm
Insurance may not ensure the safety of life or protection from illnesses; however, it certainly reduces the associated financial stress, provided you are adequately insured when you get exposed to the risks.
Five things to look for in your insurance policy document
April 18, 2014 7:37 pm
Life insurance is the only financial tool that offers the triple advantage of risk coverage, long-term savings and tax benefit.
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