INSURANCE


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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Moneylife Digital Team 23 October 2025
While dismissing a revision petition filed by Niva Bupa Health Insurance Company Ltd, the national consumer disputes redressal commission (NCDRC) upheld a Karnataka state consumer commission order directing the insurer to pay more than Rs9.2 lakh in pending medical claims, along with Rs82,000...

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SN Thyagarajan (Bar  and   Bench) 20 October 2025
The Bombay High Court has granted urgent ad-interim relief to Generali Central Life Insurance Company Limited after it was hit by a ransomware attack, allegedly carried out by a hacker group identifying itself as “Medusa" (Generali Central Life Insurance Company Limited Vs Union of...

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Moneylife Digital Team 20 October 2025
Dismissing an appeal and upholding an order of the Gujarat state consumer disputes redressal commission, the national consumer disputes redressal commission (NCDRC) directed HDFC Life Insurance Company Limited (formerly Exide Life Insurance) to pay Rs25 lakh along with interest and compensation...

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Sponsored Post 14 October 2025
Planning to upgrade your ride or simply don’t use your current bike anymore? Selling a two-wheeler in today’s digital age is relatively easy, but only if you know how to do it right. Whether you are looking to close the deal fast or want to make sure you receive the best price, a little...

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Moneylife Digital Team 13 October 2025
Holding IndiaFirst Life Insurance Company Ltd deficient in service for cancelling her late husband’s housing loan insurance cover without notice, the national consumer disputes redressal commission (NCDRC) has directed the insurer to pay Rs17.37 lakh along with 7% annual interest to Suman Soni,...

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Kulvinder Singh Sethi 10 October 2025
Rajinder Singh walked into the bank to finalise his loan—an anxious father hoping to secure his daughter’s college fees. The paperwork was routine, the officer courteous. But just before signing, a brightly colored insurance form was slid across the desk. “It’s mandatory,” the officer said,...

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Moneylife Digital Team 10 October 2025
Holding that the insurer’s decision was unjustified and contrary to the principle of good faith, the national consumer disputes redressal commission (NCDRC) has directed HDFC Standard Life Insurance Company Ltd to pay Rs20 lakh to a bereaved father whose son’s life insurance claim was...

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Sponsored Post 30 September 2025
In today's unpredictable world, safeguarding your financial future is not just wise—it's essential. In this regard, a life insurance policy is not simply a matter of facilitating a death payout; rather, it serves a much more strategic function in a sound financial plan.    From covering loved...

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Moneylife Digital Team 26 September 2025
India’s health insurance sector has been jolted in recent weeks as the Association of Healthcare Providers of India (AHPI), which represents more than 15,000 hospitals and healthcare institutions, clashed with leading insurers over tariffs, claim settlements and cashless services. At the heart...

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Moneylife Digital Team 23 September 2025
The national consumer disputes redressal commission (NCDRC) has directed United India Insurance Company Ltd to settle a medical insurance claim of Rs8.95 lakh with 9% annual interest in favour of Delhi resident Satish Garg, who was denied reimbursement of expenses incurred during a cardiac...

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Moneylife Digital Team 15 September 2025
Coming down heavily on civic authorities across Maharashtra for their failure to tackle the state’s recurring pothole menace, the Bombay High Court (HC) held them responsible for deaths and injuries caused by dangerous road conditions. The bench of justice Revati Mohite Dere and justice Sandesh...

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Moneylife Digital Team 08 September 2025
The Supreme Court has held that in motor accident cases, the entire liability to pay compensation rests squarely on the insurance company, and there is no justification for shifting the burden onto the vehicle owner through a 'pay and recover' order.   In an order last week, the bench of...

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Moneylife Digital Team 05 September 2025
The goods and services tax (GST) council has announced sweeping reforms in the GST structure that promise to fundamentally transform the accessibility and affordability of healthcare services and insurance products across the nation. The 56th GST council meeting, chaired by Union minister of...

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Sponsored Post 28 August 2025
Are you getting married or just stepping into married life? Right now, everything probably feels like pure bliss. Your days are filled with the celebrations, the plans and the excitement of building a life together. It is a wonderful time, but it is also a time full of changes. And with change,...

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