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Articles for Insured, search results for relief

Insurance Company Must Pay Full Insured Amount, Relief From Government Irrelevant: High Court
2 months, 3 weeks ago

Insurance Company Must Pay Full Insured Amount, Relief From Government Irrelevant: High Court

Live Law  

The Jammu and Kashmir and Ladakh High Court has ruled that an insurance company cannot reduce the payout to a claimant based on ex gratia relief received from the government. The court emphasized that the insurance company is bound to pay the claim against the sum insured, regardless of any government relief received.

Government Law Insurance Cases Jammu
Wayanad landslides: Deaths of both the insured and their nominees may hit disbursal of life insurance payout
5 months ago

Wayanad landslides: Deaths of both the insured and their nominees may hit disbursal of life insurance payout

The Hindu  

Death has played a woeful game with the lives of a few life insurance policy holders in Wayanad as some of them and their nominees perished in the landslides. If the policyholders and their nominees are dead, the policy amount would go to Class One or Two legal heirs. The Class One legal heirs include the spouse or the close …

Policy Legal Wayanad Class Nominees Heirs Landslides Deaths
Insurance Ombudsman Performs Quasi-Judicial Functions While Deciding Complaints; Award Can Be Challenged Under Article 227: Bombay High Court
2 years, 4 months ago

Insurance Ombudsman Performs Quasi-Judicial Functions While Deciding Complaints; Award Can Be Challenged Under Article 227: Bombay High Court

Live Law  

Observing that the Insurance Ombudsman is like a tribunal while deciding a complaint, the Bombay High Court on Thursday held that an insurance company can challenge Insurance Ombudsman's award before the High Court under Article 227 of the Constitution. The court was dealing with petition under Article 227 filed by an insurance company challenging Insurance Ombudsman decision granting relief to …

Constitution Court Bombay High Court Company Tribunal High Insured
Atal Bimit Vyakti Kalyna Yojna: How to apply, benefits and eligibility criteria
2 years, 8 months ago

Atal Bimit Vyakti Kalyna Yojna: How to apply, benefits and eligibility criteria

India Today  

The ESI Corporation launched a scheme named 'Atal Bimit Vyakti Kalyan Yojana' which, in case the Insured Person is rendered unemployed, provides relief to the extent of 25% of the average per day earning during the previous four contribution periods to be paid up to maximum 90 days of unemployment once in a lifetime of the IP on submission of …

Person Insured Esi
Insurer Can't Reject Claim By Citing Existing Medical Condition, Says Supreme Court. Check Details Here
3 years ago

Insurer Can't Reject Claim By Citing Existing Medical Condition, Says Supreme Court. Check Details Here

ABP News  

New Delhi: A new Supreme Court ruling has brought relief for policyholders as the insurer cannot reject a claim by citing an existing medical condition that was disclosed by the insured in the proposal form once the policy has been issued. An insurer cannot reject a claim by citing an existing medical condition that was disclosed by the insured in …

Policy Medical Insurer Claim Condition Existing Medical Condition
Colorado Caps Insulin Co-Pays At $100 For Insured Residents
5 years, 7 months ago

Colorado Caps Insulin Co-Pays At $100 For Insured Residents

NPR  

Colorado Caps Insulin Co-Pays At $100 For Insured Residents Enlarge this image toggle caption David Zalubowski/AP David Zalubowski/AP As nearly 7.5 million Americans contend with covering the skyrocketing costs of insulin to manage the disease, diabetics in Colorado will soon have some relief. Dramatic price hikes have left some people with Type 1 and Type 2 diabetes who use insulin …

Price Cost Colorado Hernandez Insulin