The Commission concluded that the bank officials had evidently been negligent in failing to compare the signature prior to making payment, notes Jehangir B Gai.
Any insurance policy cannot be treated as a 'buy and hold' strategy like one may want to do with their investments.
At least two farmers had ended their lives in Sillod during March 3 to 12, police had said. However, sources claimed at least six agriculturists had ended their lives in Aurangabad district in the Marathwada region during the same period, prima facie due to indebtedness.
Ensure the car is used for the purpose stated in the policy. For instance, a car meant for private use cannot be used for providing taxi services, without making the required changes in the policy document.
The poll panel has asked state Congress chief Govind Singh Dotasra to respond to the notices by 3 pm on Thursday and 7 pm on Friday, respectively.
Inflow of more funds is likely to widen the reach of insurance and drive M&A activities in the sector where growth has stalled.
An insurance company would be under an obligation to pay a claim only after a cheque issued towards the policy premium is encashed, the Supreme Court has said. Interpreting Section 64VB of the Insurance Act, the apex court said, a contract of insurance comes into being only after the insurer gets the premium in advance.
'Elections are fought to win.' 'In our party, the leadership takes the final decision, and our leaders are very clear about it.'
Online policies are cheap because there is no agent's fee involved, other administrative costs of the insurance company are lower and, most importantly, these use the latest statistics for calculating premia.
It is important to preserve copies of benefit illustration and product features.
Your financial goals are of utmost importance and the tax saving is an added incentive, advises Dwaipayan Bose.
In a move that impacts long-term subscribers of medical insurance policies, leading insurers like Oriental Insurance Company and United India Insurance have stopped no-claim bonus for existing and new policy holders.
According to data analysed by the Insurance Regulatory and Development Authority, the claim severity is 83 per cent higher in case of cashless mediclaim than reimbursement in the last two years.
India suffered a $3 billion loss to its economy from severe rainfall and flooding in November and early December.
Sushil Sheth, a Chicago area physician, was sentenced on Wednesday by US District Judge Rebecca Pallmeyer and ordered to begin serving the 60-month prison term in two months.
NCP led by the former Union minister said the Election Commission had sought its response to a petition filed by Ajit Pawar, and the party submitted its "preliminary response" to the poll panel on September 7.
Choosing a term insurance policy is an economical way of getting life insured but choosing the most economical term insurance policy will help you to get life insurance on a tight budget also
Health care costs are rising exponentially and most people are under-insured.
Critical illness plans can be bought both as a benefit cover and an indemnity cover, say experts.
We are sure you will agree with these reasons!
A term plan's premium is lower than that of a wholelife plan.
There are host of policies one needs to manage. These include property, business continuation, health, and life.
The Insurance Regulatory and Development Authority on Monday mooted ways to allow consumers to switch over from one company to another for Mediclaim policies and prevent rejection of claim by insurers.
Indian government expects LIC to have better business this year.
Finance Minister Nirmala Sitharaman is likely to step up efforts to boost consumption and rural economy while keeping inflation under check when she presents her sixth straight Budget on February 1. Experts said one way to boost consumption is to put more money in the hands of people, and one of the possible ways of doing it is by reducing the tax burden through tinkering with tax slabs or increasing the standard deduction. Another proposal is related to increasing the funds under the rural employment guarantee scheme MGNREGA and higher payout for farmers.
'Somebody was using somebody to make statements that will stir the stock market and lead to a surge.' 'A sudden surge and a sudden crash is always an ideal situation for people to make illicit gains and then siphoning off the money.'
She has shown shrewdness, sensitivity, and courage. All of these will be needed in ample quantities for the real challenge that will emerge after the elections, notes Shreekant Sambrani.
China is also providing supertankers and insurance coverage to move Russian Urals crude to PRC ports, as Moscow seeks vessels for exports after a G-7 oil price cap restricted the use of Western cargo services and insurance.
The life insurance kind of 'statutory nomination', which confers final ownership on the nominee, is the need of the hour for all assets, suggests Harsh Roongta.
The order said 865 villages from 12 tehsils in Belagavi, Karvar, Kalburgi and Bidar have been included under the Mahatma Jyotirao Phule Jan Arogya Yojana.
In a relief to FMCG major Dabur, two of its foreign subsidiaries, Dabur International and Dermoviva Skin Essentials, have been removed as a defendant in multiple lawsuits filed in a US court over allegations that their hair-relaxer products caused ovarian cancer, uterine cancer and other related health issues. However, lawsuits filed against its third international subsidiary Namaste Laboratories LLC, would continue before the US District Court for the Northern District of Illinois, according to a statement from Dabur on Wednesday. Dabur International and Dermoviva were removed and got relief in the multiple suits due to lack of jurisdiction as they have not either manufactured, marketed, distributed or sold hair relaxer products in the US, it added.
'For the first time ever it has come below 1 per cent, at 0.97 per cent.'
The size of the industry, with over 1,500 property and casualty insurance companies and 1,300 health insurance firms in the US alone, makes insurance outsourcing an attractive market, KPMG said.
The other day I did a small gig on what a real estate agent says and how you should interpret it... today it is the turn of the insurance agent. :-)
The Left parties, Janata Dal (United), and two other Opposition members on the committee opposed raising the foreign direct investment limit in the insurance sector from 26 per cent to 49 per cent.
