INSURANCE


Sponsored Post 10 February 2026
NCB, or No Claim Bonus, is a renewal discount that can lower your car insurance premium when you complete a policy term without making an own-damage claim. Since it can be carried forward across renewals and transferred when you switch insurers, understanding how NCB works helps you save...

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Mohsin Dar (Bar  and   Bench) 30 January 2026
The Jammu & Kashmir and Ladakh High Court recently observed that an insurer cannot rely on a concealed or inadequately disclosed exclusion clause to deny a consumer’s legitimate claim (National Insurance Company Limited V/s Mala Bashir).   A Division Bench of Justice Sanjeev Kumar and Justice...

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Sponsored Post 28 January 2026
Many people searching for the best health insurance in India start with premiums and add-ons. A smarter approach is to start with your family structure, health profiles, and who may need care simultaneously. That is where the family floater vs individual decision becomes clear.   In this...

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Moneylife Digital Team 20 January 2026
While dismissing a revision petition filed by the Life Insurance Corporation of India (LIC), the national consumer disputes redressal commission (NCDRC) has upheld concurrent findings that the insurer wrongly repudiated death claims under five life insurance policies on allegations of...

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Moneylife Digital Team 02 January 2026
Reserve Bank of India (RBI) has raised concerns over the insurance sector’s growing dependence on high-cost, distribution-led strategies to drive premium growth, warning that such practices could pose risks to the industry’s medium-term sustainability despite the absence of immediate systemic...

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Sponsored Post 29 December 2025
Choosing between an individual cover and a family floater is one of the most practical decisions you will make while setting up protection for medical costs. Both options can provide strong coverage, but they work differently when multiple family members need care in the same year. The right...

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Sponsored Post 26 December 2025
Most people buy a life insurance plan believing that the cover they choose will be enough for their family. But when you pause for a moment and think about it, how sure are you that your policy can genuinely support your long-term financial goals? Life moves quickly. Responsibilities grow,...

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Sponsored Post 17 December 2025
India’s roads are getting busier as urban traffic swells, delivery fleets work longer shifts, and electric two-wheelers enter everyday use. More on-road incidents, together with higher repair bills, especially for traction batteries and sensitive electronics, are pushing payouts higher.   If...

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Moneylife Digital Team 16 December 2025
The national consumer disputes redressal commission (NCDRC) has upheld an order directing United India Insurance Co Ltd to pay ₹59.84 lakh along with interest to Securitrans India Pvt Ltd and AP Securitas Pvt Ltd, the two cash logistics companies, after a major ATM cash van theft in Delhi,...

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Sponsored Post 05 December 2025
For many middle-class families in India, healthcare has quietly turned into one of the most worrying household expenses. A single hospital visit can disturb long–planned savings, and even routine checks feel heavier on the pocket than before. In this environment, people are thinking more...

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Moneylife Digital Team 01 December 2025
Delivering a stringent order against Niva Bupa Health Insurance Company Ltd, the Mumbai suburban district consumer disputes redressal commission has directed the insurer to reimburse ₹66.50 lakh to a Juhu resident whose overseas cancer treatment claim was rejected on grounds later found to be...

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Moneylife Digital Team 27 November 2025
Upholding concurrent findings that Care Health Insurance Ltd wrongly repudiated a claim arising from the death of a Gujarat resident who fell from a mango tree, the national consumer disputes redressal commission (NCDRC) has dismissed two second appeals filed by the insurer. The order, reserved...

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Moneylife Digital Team 26 November 2025
Dismissing a second appeal filed by United India Insurance Company Ltd, the national consumer disputes redressal commission (NCDRC) upheld a state commission order directing payment of 75% of the insured amount to the family of a man who died in a road accident. The NCDRC bench of presiding...

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Moneylife Digital Team 18 November 2025
The national consumer disputes redressal commission (NCDRC) has upheld a series of orders against Reliance Nippon Life Insurance Company Ltd, concluding that insurance agents had mis-sold long-term insurance policies to vulnerable customers through deception, misrepresentation and concealment...

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Moneylife Digital Team 12 November 2025
The national consumer disputes redressal commission (NCDRC) has dismissed a revision petition filed by Bajaj Allianz General Insurance Co Ltd, upholding the Gujarat state consumer commission’s order directing the insurer to pay Rs15 lakh insurance claim with 9% interest per annum and Rs2,500 as...

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Moneylife Digital Team 10 November 2025
The national consumer disputes redressal commission (NCDRC) has upheld the Rajasthan state consumer commission’s finding of medical negligence against Udaipur-based Geetanjali Medical College and Hospital and its ear, nose and throat (ENT) specialist Dr AK Gupta, in a case involving a botched...

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Moneylife Digital Team 05 November 2025
While dismissing a revision petition filed by Shriram Life Insurance Company Ltd and upholding concurrent orders of the district and state consumer commissions, the national consumer disputes redressal commission (NCDRC) directed the insurer to settle a death claim and pay Rs1 lakh as costs to...

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Shrirang V Samant 31 October 2025
If the title sounds provocative, a quick clarification should provide the context. The received wisdom amongst the insured public is that motor insurance premium rates are mandated and insurance companies are giving big ‘discounts’ on benchmark rates. Very few ask the question: Are they really...

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On 25th October, the Washington Post (WaPo) published an explosive investigation alleging that Indian government had drawn up a plan to channel nearly US$3.9bn (billion) of Life Insurance Corporation (LIC) funds into Gautam Adani’s debt-laden conglomerate. The proposal, allegedly coordinated by...

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Moneylife Digital Team 31 October 2025
Making a strong pitch for reforming India’s motor insurance framework, the Supreme Court has asked  Insurance Regulatory and Development Authority of India (IRDAI) and 22 major insurance companies to explore the creation of a uniform motor insurance policy to better protect accident victims and...

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