Step-By-Step guide to filing Workmen Compensation Insurance Claims. A Workmen’s Compensation Insurance covers the legal liability of the employer to pay compensation to the employee or their family members in case of accidental death or disablement.
Business Interruption Coverage in a Cyber Insurance Policy
Business Interruption Cover in a Cyber Insurance Policy pays for the loss of profits faced by the business due to interruption in business operations because of a Cyberattack.
Directors and Officers Liability Insurance under Companies Act 2013
Companies Act 2013 primarily determines the liability of Directors and Officers in India. A D&O Liability Insurance Policy provides protection to the Directors and Officers from such liabilities if they are sued for claims of Wrongful Acts
Principles of Fire Insurance Policy
The various Principles of a Fire Insurance Policy are the fundamentals of Fire Insurance and governs various aspects of Fire Insurance
Medi Assist TPA: Benefits, Claim Process and Hospital List
Medi Assist TPA is one of India’s leading IRDA-approved Third-Party Administrators with a network of more than 15,000 network hospitals and tie-ups with 30+ Group Health Insurers in India. They were also awarded India’s best Third-Party Administrator by Asia’s Insurance Awards in 2020.
Export Credit Insurance Policy – Coverage, Benefits and Exclusions
An Export Credit Insurance Policy (ECI) protects an exporter of goods and services against the risk of non-payment by an overseas buyer. This means that if an overseas buyer fails to make payment for the goods or services received the insurance company will reimburse the seller.
Duty to Defend in Liability Insurance
Duty to Defend is a provision of Liability Insurance Policies which makes it an obligation of the Insurance Company to provide legal defence against a lawsuit. The Insurance Company can choose the lawyers to defend the Insured in a lawsuit as well as decide whether to settle the case or take fight the case in a court under the duty to defend provision.
Data Breach Insurance – Coverage and Quotes
A Data Breach Insurance Policy offers protection against financial losses arising from Data Breach Incidents. The Policy provides reimbursement for credit monitoring services, data restoration costs and forensic expenses.
5 Key Benefits of a Cyber Insurance Policy [Infographic]
In today’s digital age, businesses are becoming increasingly vulnerable to cyberattacks and data breaches. A Cyberattack can cause huge financial losses and reputational damage. In order to safeguard against the impact of cyberattacks, businesses are increasingly looking to secure themselves with a Cyber Insurance Policy. A Cyber Liability Insurance Policy protects the Insured Company against […]
Product Liability Insurance Policy and Consumer Protection Act of 2019
Indian Consumer Protection Act 2019 makes the product sellers, manufacturers or distributors liable for defects and the role of Product Liability Insurance Policy in protecting the Insured against such claims