Tag: fire insurance
Underwriting the Policy at the Time of Claim Settlement
National Consumer Disputes Redressal Commission (NCDRC) has held that once verification of property and policy issuance is done by the insurance company, it cannot raise objections of non-disclosure or misrepresentation of material facts by the Insured. Underwriting at the time of claim settlement is not an option for the Insurer. Let’s Look at the Case […]
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Fire Insurance Tips for Homeowners: Safeguarding Your Property
Fire insurance is the basic and oldest form of property insurance available in the World. It would be almost impossible to imagine a property insurance policy without a fire insurance plan. Given the importance of fire insurance policy, it is advisable to understand how to get the most out of your fire insurance policy. Select […]
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