INSURANCE


Moneylife Digital Team 16 December 2025
The national consumer disputes redressal commission (NCDRC) has upheld an order directing United India Insurance Co Ltd. to pay ₹59.84 lakh along with interest to Securitrans India Pvt Ltd and AP Securitas Pvt Ltd, the two cash logistics companies, after a major ATM cash van theft in Delhi,...

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Sponsored Post 05 December 2025
For many middle-class families in India, healthcare has quietly turned into one of the most worrying household expenses. A single hospital visit can disturb long–planned savings, and even routine checks feel heavier on the pocket than before. In this environment, people are thinking more...

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Moneylife Digital Team 01 December 2025
Delivering a stringent order against Niva Bupa Health Insurance Company Ltd, the Mumbai suburban district consumer disputes redressal commission has directed the insurer to reimburse ₹66.50 lakh to a Juhu resident whose overseas cancer treatment claim was rejected on grounds later found to be...

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Moneylife Digital Team 27 November 2025
Upholding concurrent findings that Care Health Insurance Ltd wrongly repudiated a claim arising from the death of a Gujarat resident who fell from a mango tree, the national consumer disputes redressal commission (NCDRC) has dismissed two second appeals filed by the insurer. The order, reserved...

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Moneylife Digital Team 26 November 2025
Dismissing a second appeal filed by United India Insurance Company Ltd, the national consumer disputes redressal commission (NCDRC) upheld a state commission order directing payment of 75% of the insured amount to the family of a man who died in a road accident. The NCDRC bench of presiding...

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Moneylife Digital Team 18 November 2025
The national consumer disputes redressal commission (NCDRC) has upheld a series of orders against Reliance Nippon Life Insurance Company Ltd, concluding that insurance agents had mis-sold long-term insurance policies to vulnerable customers through deception, misrepresentation and concealment...

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Moneylife Digital Team 12 November 2025
The national consumer disputes redressal commission (NCDRC) has dismissed a revision petition filed by Bajaj Allianz General Insurance Co Ltd, upholding the Gujarat state consumer commission’s order directing the insurer to pay Rs15 lakh insurance claim with 9% interest per annum and Rs2,500 as...

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Moneylife Digital Team 10 November 2025
The national consumer disputes redressal commission (NCDRC) has upheld the Rajasthan state consumer commission’s finding of medical negligence against Udaipur-based Geetanjali Medical College and Hospital and its ear, nose and throat (ENT) specialist Dr AK Gupta, in a case involving a botched...

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Moneylife Digital Team 05 November 2025
While dismissing a revision petition filed by Shriram Life Insurance Company Ltd and upholding concurrent orders of the district and state consumer commissions, the national consumer disputes redressal commission (NCDRC) directed the insurer to settle a death claim and pay Rs1 lakh as costs to...

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Shrirang V Samant 31 October 2025
If the title sounds provocative, a quick clarification should provide the context. The received wisdom amongst the insured public is that motor insurance premium rates are mandated and insurance companies are giving big ‘discounts’ on benchmark rates. Very few ask the question: Are they really...

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On 25th October, the Washington Post (WaPo) published an explosive investigation alleging that Indian government had drawn up a plan to channel nearly US$3.9bn (billion) of Life Insurance Corporation (LIC) funds into Gautam Adani’s debt-laden conglomerate. The proposal, allegedly coordinated by...

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Moneylife Digital Team 31 October 2025
Making a strong pitch for reforming India’s motor insurance framework, the Supreme Court has asked  Insurance Regulatory and Development Authority of India (IRDAI) and 22 major insurance companies to explore the creation of a uniform motor insurance policy to better protect accident victims and...

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Moneylife Digital Team 23 October 2025
While dismissing a revision petition filed by Niva Bupa Health Insurance Company Ltd, the national consumer disputes redressal commission (NCDRC) upheld a Karnataka state consumer commission order directing the insurer to pay more than Rs9.2 lakh in pending medical claims, along with Rs82,000...

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SN Thyagarajan (Bar  and   Bench) 20 October 2025
The Bombay High Court has granted urgent ad-interim relief to Generali Central Life Insurance Company Limited after it was hit by a ransomware attack, allegedly carried out by a hacker group identifying itself as “Medusa" (Generali Central Life Insurance Company Limited Vs Union of...

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Moneylife Digital Team 20 October 2025
Dismissing an appeal and upholding an order of the Gujarat state consumer disputes redressal commission, the national consumer disputes redressal commission (NCDRC) directed HDFC Life Insurance Company Limited (formerly Exide Life Insurance) to pay Rs25 lakh along with interest and compensation...

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Sponsored Post 14 October 2025
Planning to upgrade your ride or simply don’t use your current bike anymore? Selling a two-wheeler in today’s digital age is relatively easy, but only if you know how to do it right. Whether you are looking to close the deal fast or want to make sure you receive the best price, a little...

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Moneylife Digital Team 13 October 2025
Holding IndiaFirst Life Insurance Company Ltd deficient in service for cancelling her late husband’s housing loan insurance cover without notice, the national consumer disputes redressal commission (NCDRC) has directed the insurer to pay Rs17.37 lakh along with 7% annual interest to Suman Soni,...

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Kulvinder Singh Sethi 10 October 2025
Rajinder Singh walked into the bank to finalise his loan—an anxious father hoping to secure his daughter’s college fees. The paperwork was routine, the officer courteous. But just before signing, a brightly colored insurance form was slid across the desk. “It’s mandatory,” the officer said,...

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Moneylife Digital Team 10 October 2025
Holding that the insurer’s decision was unjustified and contrary to the principle of good faith, the national consumer disputes redressal commission (NCDRC) has directed HDFC Standard Life Insurance Company Ltd to pay Rs20 lakh to a bereaved father whose son’s life insurance claim was...

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Sponsored Post 30 September 2025
In today's unpredictable world, safeguarding your financial future is not just wise—it's essential. In this regard, a life insurance policy is not simply a matter of facilitating a death payout; rather, it serves a much more strategic function in a sound financial plan.    From covering loved...

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