Knowledge Series
Mitigating The Risks Associated With Standstill Period Under Projects
It is not uncommon to find an ongoing construction project being interrupted. The reasons for the interruptions could be manifold…
Changes In Health Insurance Policies – Part 2
The IRDAI has modified guidelines on proportionate deductions under health insurance policies that will take effect from October with the…
Changes In Health Insurance Policies
From October health insurance policies in India will change in accordance with the guidelines and specifications issued by IRDAI. The…
Quick Guide To Basis Of Sum Insured And Claim Settlement
Cambridge Dictionary defines Sum Insured as “a maximum amount that an insurance company will pay to someone who makes a…
Public Liability Insurance – Act Only
Public Liability Insurance Act 1991 provides compensation to victims of an accident which occurs as a result of handling of…
Cyber Crime and Insurance
Digitalization is exposing organizations to cybercrime. The scale of cyber crime is increasing manifold daily. It is estimated that 500…
Product Liability Insurance-Understanding the Fine Print
This intersection between policy deductibles and the number of claims or occurrences results in a significant impact on insurance coverage,…
Know the difference: Burglary Vs Theft
Burglary: Burglary is defined in the policy as: 1. Theft of property from the premises described in the schedule of…
Avoiding Unintended Gaps in Directors & Officers and Professional Indemnity Insurance
The following hypothetical claim scenario illustrates a potential risk faced by many companies: A consumer services company maintains a comprehensive…
How does Liability arise for Food Products?
Something is there that should not be – Foreign Objects in Food Products A small stone in her ready-to-eat food…
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