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Consult and get Expert Advice on Insurance Laws matters from the best Insurance Lawyers in India. Let us know your requirement we will help you to find the best Lawyer suited for your matter within your budget.
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Consult Top Insurance Expert Lawyer in India

Shivaleela Gujare

lawyer
Exp
Pune , Maharashtra

Specialization

  • Insurance
  • Cheque Bounce
  • Banking
  • Adoption
  • Civil
Total Answers Given : 2
Consult

Vaibhav Jain

Advocate
Exp
Panchkula , Haryana

Specialization

  • Insurance
  • Real Estate
  • Industrial Laws
  • Landlord And Tenant
  • RTI
I'm practising lawyer at Punjab & Haryana High Court, Chandigarh for the last more than 9 years. View Full Profile

Khansaeed Pathan

9
Exp
Beed , Maharashtra

Specialization

  • Insurance
  • Criminal
  • Civil
  • Cheque Bounce
  • Child Custody
A confident, enthusiastic and self motivated professional with 9 years of qualitative experience in legal field; expert in handling civil & criminal litigations and consumer cases; View Full Profile
Total Answers Given : 9
Consult

ADVOCATE BIR ABHIMANYU KUMAR

ADVOCATE
Exp
Jamshedpur , Jharkhand

Specialization

  • Insurance
  • Family
  • Will
  • Debt And Lending Agreement
  • Commercial
Specialist in matrimonial and succession cases and I believe in alternate dispute resolution because it is very cheapest and it is very fast also Civil and in criminal cases. View Full Profile
Total Answers Given : 6
Consult

Ritesh kumar Mishra

Advocate
Exp
South West Delhi , Delhi

Specialization

  • Insurance
  • Cheque Bounce
  • Divorce
  • Domestic Violence
  • Civil
I am practising advovate since 2013. I am dealing all types of cases such as civil, criminal, settlement, liasoning with authority etc View Full Profile
Total Answers Given : 2
Consult

RC Law Offices RC

Advocate
Exp
Hyderabad , Telangana

Specialization

  • Insurance
  • Banking
  • Consumer Protection
  • Criminal
  • Civil
RC Law Offices is a full service law firm having offices in Chennai and Hyderabad providing legal services to individuals and business enterprises. Our core area of practice is IPR, Family law, Criminal law, real estate,Corporate, Dispute Resolution and Arbitration, Real Estate, Banking & Finance. View Full Profile

Vedant Lakhotia

Legal Counsel
Exp
Kolkata , West Bengal

Specialization

  • Insurance
  • Divorce
  • Civil
  • Commercial
  • Adoption
I have a positive attitude towards handling the case and give a very patient hearing to the clients problems. The solution provided by me is after considering the problem of the client to be mine own. Advice in the nature of hardcore professional is only given. View Full Profile
Total Answers Given : 826
Consult

Johnson Thangiah

Advocate / Trial Advocate
Exp
Tirunelveli , Tamil Nadu

Specialization

  • Insurance
  • Civil
  • Cheque Bounce
  • Consumer Protection
  • Child Custody
Actively practicing before the District sessions courts of Tirunelveli and Tuticorin of Tamilnadu state India past more than 17 years.Also appearing before the Madras High Court Madurai Bench.Mainly concentrating on "TRIAL" works.( "Expert in Economic Offences") Mobile 9443194559 View Full Profile
Total Answers Given : 280
Consult

Sunil Bakshi

Private advocate
Exp
Jammu , Jammu and Kashmir

Specialization

  • Insurance
  • Family
  • Landlord And Tenant
  • Adoption
  • Cheque Bounce
Total Answers Given : 14
Consult

Pradeep Gupta

Advocate
Exp
Jaipur , Rajasthan

Specialization

  • Insurance
  • Cheque Bounce
  • Family
  • Police Laws
  • RTI
Total Answers Given : 3
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  • 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?


  • The Motor Vehicles Act 1988
  • The Insurance Laws (Amendment) Act 2015
  • Insurance Act 1938

Some important governance of Insurance Laws


  • 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.
  • 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.
  • 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.
  • 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.
  • 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%.
  • 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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