Insurance claim liable to be rejected if lapsed on account of non-payment of premium: SC
The apex court observation came while setting aside an order of the National Consumer Disputes Redressal Commission (NCDRC) that ordered additional compensation in a road accident case.
Nov 01, 2021, 18:21 PM ISTLife insurance policy holders may get 15% cut in premiums
Life insurance policy holders, who opt for electronic format of policy, may now get a 10-15 percent reduction in their premiums as IRDA has revised guidelines with regard to repositories and dematerialisation.
Jan 16, 2015, 21:23 PM IST