'Many policyholders do not understand that non-medical expenses, cosmetic treatments, and certain other procedures are not covered by health insurance policies.'
A debt-ridden man in Jalna allegedly staged his own death to escape financial liabilities and claim an insurance benefit of Rs 20 lakh by masterminding the killing of his acquaintance, whose body was found inside a gutted car.
The National Health Authority (NHA) is promoting the National Health Claims Exchange (NHCX) to standardise and simplify health insurance claims processing in India, aiming for a seamless and reliable digital infrastructure similar to UPI.
A man wanted for nearly nine years in connection with the murder of a woman for an alleged Rs 50 lakh insurance claim and property has been arrested in Bihar, Delhi Police said. Another accused in the case was found to have died in 2018.
Non-resident Indians (NRIs) in the Gulf region are increasingly purchasing term life insurance policies from India, driven by geopolitical uncertainties in West Asia and the significant cost advantages offered by Indian products, with the GCC region now contributing over half of the total NRI demand.
Proposal forms are often filled by the agent. Check the form after it is filled.
Most owners assume car insurance covers everything, but hidden exclusions can lead to claim rejections and unexpected financial shocks.
If nominees pass away, distribution is governed by succession laws of insured's religion.
The Indian government has dismissed concerns that the use of E20 fuel could affect the validity of vehicle insurance policies, stating that the ethanol blending programme remains safe, consumer-friendly, and economically beneficial.
The claims will include three kinds of liabilities: Damage to the aircraft; loss of lives who were aboard the aircraft; including the crew members; and third-party liability because of loss of lives where the aircraft crashed; and cargo liability.
A police constable and a Home Guard personnel in Beed, Maharashtra, were caught by the Anti-Corruption Bureau for demanding and accepting a bribe of Rs 10,000. The bribe was sought from a man for providing documents needed to file an insurance claim after his father's death in a road accident. The accused are facing charges under the Prevention of Corruption Act.
Nine individuals, including a government medical officer and four police officers, have been arrested in Jalgaon for allegedly conspiring to fraudulently claim insurance money by faking a road accident death.
Understand your travel insurance policy before travelling abroad this summer. This article outlines what travel insurance covers, including trip cancellations, missed connections, and medical emergencies, and what it excludes, such as war-related disruptions and pre-existing conditions.
A doctor in Anantnag, Jammu and Kashmir, has been suspended following an inquiry into alleged large-scale procedural irregularities, including a pacemaker implantation scam where nearly 50 per cent of evaluated patients underwent unnecessary advanced cardiac surgical procedures. The inquiry revealed fraudulent insurance claims, patient exploitation, and manipulation of medical records.
A junior clerk in Nagpur was arrested for allegedly accepting a bribe to process a medical reimbursement claim, according to the Anti Corruption Bureau.
Police in Palghar have registered a case against a doctor and four others for allegedly creating fake documents to claim insurance commissions.
As heart disease increasingly impacts young Indians, understanding the complexities of health insurance, including higher premiums, waiting periods, and the benefits of specialised cardiac policies, becomes vital for financial protection.
Do not get repair work started without informing the insurer as the latter like to carry out end-to-end verification of damages and documents before approving a claim.
A former Metropolitan Police officer of Indian origin has pleaded guilty to his involvement in a 'crash for cash' scam in the UK, involving fraudulent personal injury claims after staged vehicle collisions.
A Delhi Motor Accident Claims Tribunal has awarded over 2.46 crore to Lakhpat Singh, a Marine Commandos (MARCOS) diver, who suffered 88 per cent permanent disability in a 2018 road accident, severely impacting his ability to continue his specialised military career.
Faridabad police have busted a fake call centre operating from Delhi and arrested six individuals involved in defrauding people by offering bogus bonuses on insurance policies.
A man in Rampur, India, has been arrested along with two associates for allegedly murdering his wife, a police constable, and their three-year-old son to fraudulently claim insurance money and other benefits.
The Union government has informed the Bombay High Court that Agniveers are not "similarly situated" as regular soldiers and hence, cannot claim parity in pensionary benefits for their next of kin in the event of death in action.
'Dark patterns exploit human psychology, cognitive biases, urgency, confusion, or lack of attention to increase revenue for digital platforms at the expense of consumer choice and transparency.'
Gujarat's Director General of Police Gyanendra Singh Malik describes the devastating Air India crash in Ahmedabad a year ago, which killed 260 people, as the 'most painful' chapter of his career, highlighting the unprecedented speed of the emergency response and DNA identification process.
Shiv Sena (UBT) leader Sanjay Raut has written to the Mumbai Police Commissioner, seeking action against MP Sanjay Dina Patil for allegedly threatening to "throw bombs" at protesters and claiming to have "killed five people" in the past. Maharashtra Chief Minister Devendra Fadnavis has assured that police will take appropriate action against anyone issuing threats.
'By quick, fast, and just awards, the insurance ombudsman can bring the trust of the policyholders in the insurance system and insurance as a product and create a positive impact on the entire industry.'
NSE's draft prospectus discloses a legal dispute over 5,000 shares allegedly transferred by mistake into an individual investor's demat account.
Young buyers often underestimate future health risks.
Shiv Sena MP Sanjay Dina Patil allegedly abused and threatened journalists, prompting Deputy Chief Minister Eknath Shinde to ask him to express regret. The incident occurred after journalists questioned Patil about a letter from Shiv Sena (UBT) leader Sanjay Raut and his daughter's political stance, leading to a political controversy.
Dungarpur Police have arrested three individuals involved in an organized gang allegedly siphoning money from life insurance policies using forged documents, with the fraud involving approximately Rs 58 lakh.
Policy owners need to avoid errors on their part to prevent claims from being denied.
While investments are typically reviewed annually, risk cover is often left unchanged for years.
Ask rediffGURU Naveenn Kummar your insurance mutual fund and personal finance-related questions.
A Lok Adalat in Thane has awarded 1 crore in compensation to the family of an assistant security manager who died in a road accident in 2024.
India Post is reinventing itself from a traditional mail service into a modern logistics, e-commerce, and real estate powerhouse. Several post offices situated inside major university campuses, called Gen Z post offices, have received a facelift, with cafe-like decor and wi-fi availability.
Five members of the Agrawal family, including a chartered accountant, his wife, their two daughters, and his mother, were cremated in Gurugram after perishing in a devastating fire at a Malviya Nagar B&B. The family was in Delhi for the father's medical treatment, and the tragedy also claimed the lives of other relatives, leaving the community in profound grief.
The Motor Accident Claims Tribunal (MACT) in Thane has awarded a compensation of 31.65 lakh to the family of a vegetable vendor who died in a road accident in 2017.
Rajesh Mehta, Chairman of Rajesh Exports, has distanced his firm from LIC's investment decisions, stating, "We don't even know where LIC's office is. We have no contact, no connection. This decision of buying shares through the secondary market is their own decision in a prudent commercial manner."
Yet another first week of December brought familiar scenes of rain, storm, flooding, power outages, and fallen trees. When Cyclone Michaung wreaked havoc, leading to the heaviest rainfall in 47 years in the city, residents of Chennai drew parallels to the devastating floods of 2015. However, initial data on insurance claims suggests that the impact this time may portray a more optimistic scenario.
