News From Press Motor vehicle insurance payment: Insurer cannot reject genuine claim, rules Supreme Court

Motor vehicle insurance payment: Insurer cannot reject genuine claim, rules Supreme Court

Source: The Financial Express Oct 9, 2017

Good news for policyholders, particularly those having motor insurance. Now your insurance company won’t be able to reject an insurance claim merely on the ground of delay in filing the claim. The Supreme Court, in the case of Om Prakash vs. Reliance General Insurance, has ruled that insurance claims cannot be denied to a person on grounds of delayed filing.

Click here to know more >>

Like what you are reading?

Login to get instant access to this article and many other such articles on business development, success stories and industry updates.

Don't worry ... it's FREE!

Have a query or a doubt?
Need a clarification or more information on an issue?
Cafemutual welcomes all mutual fund and insurance related questions. So write in to us at newsdesk@cafemutual.com

Latest Articles

6 equity mutual funds offer over 25% CAGR in five years

Retirement planning: 5 things to keep in mind when planning your retirement corpus allocation

Investment insights from one of the most successful midcap fund managers in India

Be cautious about high valuations in lower end of market, warns Kotak Mutual Fund CIO Harsha Upadhyaya

Explained: How to interpret Treynor Ratio in mutual funds

75 years to reach per capita income of $2730, will take only 5 years to add another $2000, FM Sitharaman

How to pick passive mutual funds? Radhika Gupta shares four tips

China market rally: How Indian mutual fund investors can ride the boom

HDFC Bank's Instant SIP introduced. Know how will it work for mutual fund investment

Mutual fund investment: Flexicap funds or multicap funds - where can you get more returns?

Click to clap

Disclaimer: Cafemutual is an industry platform of mutual fund professionals. Our visitors are requested to maintain the decorum of the platform when expressing their thoughts and commenting on articles. Viewers are advised to refrain from making defamatory allegations against individuals. Those making abusive language or defamatory allegations will be blocked from accessing the web site.

0 Comment

Be the first to comment.

More than 2,07,000 of your industry peers are staying on top of their game by receiving daily tips, ideas and articles on growth strategies. Join them and stay updated by subscribing to Cafemutual newsletters.

Fill in the below details or write to newsdesk@cafemutual.com and subscribe to Cafemutual Newsletter now.

POLL

MORE POLLS

As regards Portfolio Management Services (PMS), what is your status

Actively selling PMS

Not selling PMS but considering it seriously

Not selling PMS and not considering it either

EVENTS FORUMS