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Shriram Life Insurance Claim Settlement Ratio
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Vehicle is Insured, But the Life is not. Why?
Three members of a family, a business man Sumit Singhal, his wife Ruchi and his mother left dead, when a dumper truck overturned on their Audi car in Delhi. A two-year-old son Vihaan is the only survival. The child survived, only because he was sleeping on the rear seat. The child’s parents, Sumit Singhal and […]
Life Insurance Companies Claim Settlement Ratio
Life insurance policy is a two way contract between the insurance company and the insured based on the principle of utmost good faith. The insured (whose risk of life is covered by the insurance company) promises to pay the premium as per the policy contract terms and conditions. On the other hand, the insurance company […]