FA No 1345/2015 in MACT Case 634/2002 at Pune
On an eventful day, 35 years ago, a meritorious and bright student, Mr. Aniruddha Dashrath Anand, having dreams of making it big in life, was travelling on a motorcycle with his friend. Due to incessant rain on that unfortunate day, the motorcycle driver lost control and Mr. Anand was pushed into a life of pain and suffering. He was in coma for 21 days after that. However, that was only the beginning of a life, that could have been adored with unending heights of greatness, but for the accident, was languishing in the nadir of despair, frustration and mental agony. In an attempt to ameliorate some of his suffering, we settled the matter at the High Court, Bombay in 2022, during the National Lok Adalat for an amount of Rs 43,50,000/- (32 lakhs plus accrued interest) towards the full and final settlement. This was the least we could do for the budding engineer the society lost on that day.
FA No 426/2015 in MACT Case 85/2013 at Satara
A teacher in a school, Mr. Bhaurao Bhangare, was busy in grooming the next generation of our society. However, all came to a halt on that fateful day of 14.01.2013, when he was dashed by a Jeep while crossing the road. His family lost the sole bread-earner at an age when he was just about to bloom into a fine human being, the caregiver for his wife, the doting father to his daughters, the last resort of his ageing parents. We can never compensate for their loss, but within our limited capacity, we settled the case for an amount of Rs 62,00,000/- to give some financial security to the bereaved family.
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Bu hikaye THE INSURANCE TIMES dergisinin September 2022 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
International News
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Life Insurance News
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Health Insurance News
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Insurance Regulator Update
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General Insurance News
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"Bancassurance is at the heart of our growth strategy. It allows Bandhan Life to reach more customers and provide accessible, trusted insurance solutions through a familiar network."
About Indranil Dutta - Indranil Dutta brings 23 years of experience in insurance, banking, and sales, with a specialization in bancassurance. As the Chief Business Officer - Bancassurance at Bandhan Life Insurance, he leads the banca sales channel and plays a key role in driving the company's strategic vision of becoming a leading multi-channel life insurer with an expanded presence across product categories.
IRDAI Corner
The Eighth Bima Manthan, the quarterly meeting of IRDAI with the insurance industry was held on 11th and 12th November 2024, in Hyderabad
International Conference on Inclusive Insurance (ICII) 2024
The 20th edition of the International Conference on Inclusive Insurance (ICII) concluded on a high note in Kathmandu, Nepal, after five days of insightful discussions, interactive workshops, and collaborative networking. Hosted by the Nepal Insurers' Association in partnership with the Life Insurance Association Nepal, Nepal Micro Insurance Association, Nepal Insurance Authority, Munich Re Foundation, and the Microinsurance Network, the conference brought together around 500 participants from around the globe. The Insurance Times was the media partner in the event.
How to choose a Health Insurance Plan that fits your evolving needs
When you are single, you might focus on plans with basic coverage and low premiums. As you get married, look for family floater plans that cover your spouse. When you have children, ensure the plan covers pediatric care, vaccinations, and other child-specific healthcare needs.
My View on #20SIRC Conference
The participants include world top reinsurers, brokers, insurers, IT companies, Consultants, and Regulators. As a regulator from Nepal attending the (#20SIRC) was a unique thrilling experience that provided opportunities for learning, networking, and strategic development. Here's a detailed perspective that I had experienced during my visit to Singapore.