Insurance

Accidental death insurance coverage for govt employees raised to Rs 15 lakh

February 23, 2023

Accidental death insurance coverage for govt employees raised to Rs 15 lakh

The State Finance department has issued an order to this effect based on the budget announcement.

February 05, 2023
Insurance sector to take a hit on withdrawal of tax sops

The government has proposed that from FY24, proceeds received by a person who makes aggregate contribution for life insurance above Rs 0.5m will be taxed.
February 02, 2023
Insurance company liable to pay compensation to victim, even if driver was in drunk state: HC

The court further stated that the company has the right to later recover this amount from the owner and the driver.
January 16, 2023
Govt hospitals get a raw deal in reimbursement by Medisep insurer

Medisep lists 1,920 treatment procedures and services for reimbursement. In the majority of these procedures, private hospitals receive more than double the amount the government hospitals get from the insurer.
October 19, 2022
Alcohol consumption no ground for denying insurance claim: HC

HC upheld Ombudsman’s order to allocate Rs seven lakh towards the insurance claim.
October 07, 2022
Vadakkencherry accident: KSRTC to provide Rs10 lakh insurance to victims' families

The insurance sum is the amount listed under personal accident insurance coverage in KSRTC Act, 2014.
August 07, 2022
MEDISEP: Correct mistakes in insurance ID card until Aug 25

The Kerala Government has decided to extend the last date for adding names or making corrections in the MEDISEP identity cards until 25 August. Those who do not correct the mistakes in the cards wouldn’t get insurance coverage. Besides, those who haven’t got the cards until now too can apply now.

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