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Search Result : Insurence Lawyers

Consult Expert Insurence Lawyers in India. If you are searching for Insurence Lawyers, then your searches will end here.

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Nidhi Mathur

Exp
Delhi |

Specialization

  • Consumer Protection
  • Contracts and Agreements
  • Trust and Society (NGO)
  • Sexual Harassment at Workplace
  • Intellectual Property, Copyright, Patent, Trademar
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Ayantika Mondal @ Prime Legal

Exp
Bangalore |

Specialization

  • Consumer Protection
  • Cyber, Internet, Information Technology
  • Cheque Bounce
  • Banking
  • Immigration
Total Answers Given : 9319
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Law Juris Solicitors & Consultants

Exp
Delhi |

Specialization

  • Insurance
  • Commercial
  • Real Estate
  • Arbitration and Mediation
  • Criminal
Total Answers Given : 19
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J S Pawar

Exp
Mumbai |

Specialization

  • Consumer Protection
  • Family
  • Adoption
  • Military Laws
  • Will
Total Answers Given : 604
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Prabhu N. Savanur Founder, Hari Om Legal

Exp
Bangalore |

Specialization

  • Insurance
  • Consumer Protection
  • Family
  • Civil
  • Domestic Violence
Total Answers Given : 1
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Advocate Anik

Exp
Bangalore |

Specialization

  • Consumer Protection
  • Cyber, Internet, Information Technology
  • Advertising
  • Mutual Consent Divorce
  • Bankruptcy And Debt
Total Answers Given : 8595
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Banerjee Law Chambers. Prodyut Banerjee- Advocate

Exp
Kolkata |

Specialization

  • Consumer Protection
  • Corporate and Incorporation
  • Arbitration and Mediation
  • Financial Markets and Services
  • Bankruptcy and Debt
Total Answers Given : 10
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Prashant Mane

Exp
Pune |

Specialization

  • Consumer Protection
  • Arbitration and Mediation
  • Contracts and Agreements
  • Commercial
  • Civil
Total Answers Given : 53
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Karunasish Chakraborty

Exp
Kolkata |

Specialization

  • Consumer Protection
  • Contracts and Agreements
  • Civil
  • Divorce
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GIRRAJ PRASAD

Exp
Jaipur |

Specialization

  • Consumer Protection
  • Divorce
  • Banking
  • Family
  • Criminal

Insurance Laws in India

Find Insurance Laws expert lawyer in India.

What is Insurance

What are Insurance Laws?

Who is an Insurer?

Who is an Insured?

What areas are covered by the Insurance Laws?

Vidhikarya will help you find a most suitable lawyer, for you in your city, who will be able to answer all your Insurance Laws related queries and also guide you on how to resolve this matter with ease.

About the Insurance Laws

As per Black’s law dictionary, insurance refers to a contract whereby, for a stipulated consideration, one party undertakes to compensate the other for loss on a specified subject by specified perils. The party agreeing to make the compensation is usually called the “insurer” or “underwriter;” the other, the “insured” or “assured;” the agreed consideration, the “premium;” the written contract, a “policy;” the events insured against, “risks” or “perils;” and the subject, right, or interest to be protected, the “insurable interest.”

What are the applicable laws to the Insurance Sector?

o The Motor Vehicles Act 1988

o The Insurance Laws (Amendment) Act 2015

o Insurance Act 1938

Some important governance of Insurance Laws

o Insurance Act 1938 – it is the essential law relating to insurance which prescribes the procedures and requirements to agree to by insurance organizations while doing the business of insurance and re-insurance. It likewise prescribes the arrangements relating to insurance affiliations, chambers and councils.

o The Motor Vehicles Act 1988 – it prescribes the arrangements related to the 3rd party insurances to be gotten by motor vehicle proprietors and furthermore the obligations of the insurers towards outsiders in instances of accidents.

o The Insurance Rules 1939 – accommodates licensing of different delegates and arrangement of different panels and the compliances to be seen by insurance organizations while working in the matter of insurance.

o Insurance Regulatory and Development Authority (IRDA) Act 1999, And, The IRDA Rules & Regulations – the obligations, powers and elements of the IRDA have been indicated under Section 14 of the IRDA Act 1999. The IRDA has the obligation to advance, regulate and ensure methodical development of the insurance and re-insurance business crosswise over India, subject to the arrangements of this Act and some other law being in compel. This Act additionally sets out the Code of Conduct for insurance delegates.

o The Insurance Laws (Amendment) Act 2015 – this amendment has been achieved with an expectation to help the insurance part in India. The most essential amendment delivered by the Act, its point is to build the FDI top in insurance companies in India from 26% to 49%.

o Foreign Exchange Management (Insurance) Regulations 2000 – grants a person resident in India to take or keep on holding a life insurance policy issued by an insurer outside India, gave that the policy is held under a specific or general authorization of the Reserve Bank of India. It likewise allows a man resident in India to keep on holding any life insurance policy by an insurer outside India when such individual was resident outside India, with no consent of the RBI

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