Tag: Life Insurance Corporation of India

Is an Employee Liable if Their Employer Misses the Insurance Premium Payment Deadline

Case Study: Consequences for Employees When Employers Delay Insurance Premium Payments

Should an employee suffer if the employer has not made the renewal payments on time? This was the question examined by the National Consumer Dispute Redressal Commission (NCDRC). The facts of the case are one Mrs. Pittala Pochamma has as. Pittala Pochamma has approached the Life Insurance Corporation of India (LIC) to settle the claim […]

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Should You Tell Your First Insurer About Your Second Life Insurance Policy?

Should You Tell Your First Insurer About Your Second Life Insurance Policy?

Have you taken a second life insurance policy and wondered whether you should disclose this to the first life insurance company? There are many terms and conditions in a life insurance policy which have to be adhered to by the insured customer and of these, changes to the material risk should be particularly communicated to […]

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