The problem with the Indian consumers is no one reads the policy conditions. They spend huge money in paying the compulsory Motor Insurance premium. However, once the policy is issued, they never read the policy terms and conditions. They simply keep the policy either in the glove compartment or at home and forget all about […]
Author: Dr. K. Raja Gopal Reddy
14. Personal Accident Cover for Owner – Driver
Personal Accident cover for owner-driver is dealt in Section 3 of the Motor Insurance policy. This section talks about bodily injury or death of the owner-driver while driving the car. It says that the said bodily injury or death of the owner driver must happen in direct connection with the vehicle insured: while driving while […]
13. Conditions for Renewal of the Contract
Under the Conditions for the Renewal of Contract, it is mentioned whether the Motor Insurance policy will be renewed or not and if yes, what is renewal procedure. Generally, Motor Insurance policies are issued for one-year duration, though we do have policies for 3 years. In either case the policy renewal conditions will apply. What […]
Memories of Sir Alfred Hitchcock – 7 seasons, 400 Episodes and 220 Hours Later
“Alfred Hitchcock Presents” is an American television anthology series hosted and executive produced by Alfred Hitchcock, which aired on CBS and NBC between 1955 and 1965. It featured dramas, thrillers, and mysteries. Alfred Hitchcock is a wonderful storyteller and there are a lot of interesting plots and surprising twists. It’s also nice to see so […]
Meeting Lord Jeffrey Archer
‘I am currently working in the second novel in the series which will focus on William’s time as young detective sergeant in the elite drugs unit. Should he ever make it to commissioner will depend as much on William Warwick’s determination and ability as my hopes for longevity – mine, not yours.’ These are the […]
He was the Man
Recently we celebrated Buddha Purnima. Buddha Purnima, also known as Buddha Jayanti is a day that marks the birth anniversary of Gautama, the Buddha. He is the founder of Buddhism. Though there are no documentary evidence it is believed that this was the day on which Buddha attained enlightenment. He was the Man. All of […]
Our Curse: May You Never Sleep Twice on The Same Bed!
You are the notorious traitor that ever came to office and a cannibalistic monster, having eaten thousands of innocent Indians live. You have an Indian face, but a Rakshasa at heart with a fat body, the color of soot, with a large tongue, and a terrible stench. You chose gambling, liquor, prostitution, slaughter, gold and […]
12. Compulsory and Voluntary Deductible
These deductibles i.e., Compulsory Deductible and Voluntary Deductible are stated in IMT 22 and IMT 22A. You may be wondering what is this IMT. It stands for India Motor Tariff. I will discuss about IMT later. The word deductible as described in the policy conditions in this manner: The Company shall not be liable for […]
Why Motor Insurance Policies do not have Same Policy Wording in India?
Why Motor Insurance Policies do not have Same Policy Wording in India? It always bothered me as to why the motor insurance policies do not have the same wording in India. Motor Insurance is a compulsory insurance. None has thought about the wordings earlier i.e., to know whether all the insurance companies are having same […]
11. In Writing, Immediately and Reasonable Period
The common man asks one real question…in case of motor accident claim, what am I expected to do? This is what will be discussed in this article. The policy wording reads ‘this policy and the schedule shall be read together and any word or expression to which a specific meaning has been attached in any […]
