Archive for the ‘Insurance’ Category

Insurance companies strike gold as Bollywood runs for cover

January 21, 2009. Tags: , , ,  •  No Comments

Insurance companies have struck pay dirt with a new client — Bollywood films, whose premiums are steadily fattening their bank balance. What was earlier an afterthought, with film-makers running for cover only at the nth hour, is now becoming an extremely lucrative business for insurance companies, with film companies opting for not one or two but four different policies on each film. As reported in manor newspapers last year, ’politics’, ‘public sentiment’ and ‘last-minute legal wrangles’ have made it mandatory for Bollywood …

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Beware! No insurance cover if you lend car to your kids

December 30, 2008. Tags: , ,  •  15 Comments

Ahead of the New Year revelry, here is a warning from the Supreme Court for all parents — Do not lend your two-wheelers or cars to your children, who are eager to impress their peer group, without taking an appropriate insurance cover. For, if the youngster driving your vehicle meets with a fatal accident and, even if you have a third-party insurance cover, the insurer is not liable to compensate the death of your child, says the apex court.

People may …

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