The principle of insurable interest is one of the essential elements of insurance. It can be defined as the substantial emotional, financial, or pecuniary interest in the subject matter of the insurance contract. It means the party stands to gain… Continue Reading
Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), first mentioned in the 2015 Budget Speech of then-Finance Minister Arun Jaitley, was launched by our Hon’ble Prime Minister Narendra Modi on May 9, 2015. It is a life insurance scheme that aims… Continue Reading
Indian Cricketer Shreyas Iyer missed the 14th edition of the Indian Premium League (IPL) 2021 tournament due to an injury to his left shoulder while playing one of the one-day internationals. Shreyas Iyer was trying to save the boundary and… Continue Reading
Buy insurance Insurance claim Urvashi Kumari is in urgent need of a 20 lakh rupees loan. She receives a call from a loan agent promising her an interest-free loan. All she had to do was buying an insurance policy of… Continue Reading