Does the recent Bangalore cafe blast incident fall within the purview of terrorism coverage under property insurance? The investigation is being conducted by National Investigative Agency (NIA) which is mandated to investigate terrorism incidents. Criminal case has been registered under Read more…
The material damage provison of the LOP says there has to be an indemnifiable loss or damage under the material damage policy for the LOP claim to trigger. “……the Company agrees (subject to the Special Conditions and Exclusions contained herein Read more…
Latency refers to the time gap between the causation of injury from an accident and the consequence or outcome of the same. For instance, traumatic brain injuries (TBI) can cause progressive neurodegeneration and disability or death several weeks or months Read more…
These three insurances PRI, CPI and MRI, have a lot of similarities as well as differences. They are meant to cover situations where there is something wrong with a product that has to be recalled and/or safely disposed of. PRI Read more…
This cover is offered under personal accident policies, where the insured is usually offered 100% of the capital sum insured (CSI) in case he is permanently and totally disabled. The disability should be permanent and beyond any reasonable hope of Read more…
A bridge in Baltimore, US, known as the The Francis Scott Key Bridge collapsed today 26.03.2024, after a ship collided with it. Several vehicles fell off the bridge into the river below raising fears of loss of life and property. Read more…
