Zen Vichaar

  In the wake of the recent confrontation between India and Pakistan through Operation Sindoor, a question in the minds of those with an insurance policy was if their policy will cover war-related damages. Our clients were no exception; we got queries on insurance coverage for wars during this period. War seemed a remote possibility until Operation Sindoor, but this operation made everyone believe that war was a reality and prompted the exploration of insurance coverage for such an incident.  In this blog, we will explore the coverage for war in insurance policies. War Coverage in Insurance Policies Most insurance policies—whether for property, auto, life, health, or travel—include a war exclusion clause . This clause denies coverage for losses or damages resulting directly or indirectly from war, invasion, civil unrest, rebellion, insurrection, or military action. Importantly, this exclusion generally applies even if war is not officially declared. Declared Wars: When...

  As a business owner, you need a liability insurance policy because you can face the risk of litigation even in a minor mishap involving a third party. Whether you run a factory, organize public events or run a retail store, you can face claims from the public due to bodily injury or property damage or other liabilities due to your business. This is where public liability insurance can help you. A public liability policy can act as a financial shield when you face claims from the public. In this blog we will examine how liability policies can help businesses manage public liability claims. What is Public Liability Insurance? Public liability insurance is a type of coverage that protects businesses and individuals against claims made by third parties for injuries, property damage, or financial loss caused by the insured’s business activities. This includes: Injuries to visitors at a workplace. Damage to third-party property during operations. Accidents ...

  Many employees covered under a group health insurance policy are under the impression that this policy will cover any cost they incur for illness or hospitalization. But the fact is the insurance cover by a group health insurance policy has several exclusions which employees discover much later. Due to these exclusions, an employee who has to undergo medical treatment might not get the required coverage due to exclusions, which can cost him financially and emotionally. Employees need to be aware of what is not covered in a group health insurance policy so that when medical treatment is necessary for them or their family members, they know whether coverage is available or not and they can be in a better position by taking a personal health insurance policy. In this blog, we will focus on exclusions in a group health insurance policy. What are exclusions in group health insurance? Exclusions are conditions or treatments that a group health insurance policy will not cover...

  When you buy a health insurance policy, you must take the responsibility of renewing it every year. This is crucial if you wish to continue enjoying your health insurance benefits. Most health insurance policies have a validity period of one year and have to be renewed annually for continuous coverage. Renew your health insurance policy renewal on time to ensure your policy does not lapse. In this blog we will look at the benefits of renewing your policy and explain the things you need to look out for when doing it. Why is renewing your health insurance policy important? Renewing your health insurance policy before the due date ensures uninterrupted coverage, retains your no-claim bonus benefits, and helps you avoid starting a new waiting period or undergoing fresh medical tests. Here’s why timely renewal is crucial: Continued Coverage: Avoid claim rejection due to policy expiry. Retention of No-Claim Bonus: Boost your sum insured or enjoy premium discou...