In order to simplify the process, a district collector will be issuing a certificate and the insurance company will approve and settle the claims within a period of 48 hours.
After a decade of being left out in the cold, it seems like Indian banks and financial institutions will be allowed access to the credit insurance market again.
Two benches of the Delhi High Court took note of delays in the issuance of no-objection certificates for Covid patients by insurance companies that are needed for discharge.
Directors & Officers policy acts as a lifeline for directors and senior officers providing coverage for loss arising from claims made during policy period.
Rajya Sabha Thursday cleared bill that allows more foreign investment flowing into India. Find out how this could change the industry, what are the safeguards for policy holders & more.
Explaining the decision Thursday, Nirmala Sitharaman said insurance companies are facing liquidity pressure and the higher limit would help meet the growing capital requirement.
Decision to merge the 3 companies — National Insurance Co Ltd, United India Insurance Co Ltd, and Oriental Insurance Co Ltd — ahead of their proposed listing was announced in 2018 budget.
HDFC wants to have adequate capital in place to expand lending business once economic growth picks up from downturn sparked by the coronavirus pandemic.
Disenfranchisement by institutional fiat is profoundly undemocratic. The effect of the ECI's new documentary process in Bihar will tilt the scales in favour of the BJP.
Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.
India-Russia JV is also racing to deliver 7,000 more AK-203 assault rifles by 15 Aug. These are currently being made with 50% indigenisation and this will surge to 100% by 31 December.
Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.
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