Which among the following companies has launched an industry-first 'Global Health Care plan?
Bajaj Allianz General Insurance
Bajaj Allianz General Insurance has made a significant move in the insurance sector by launching what is described as an industry-first 'Global Health Care plan'. This innovative health insurance product is designed to offer comprehensive coverage for medical needs, potentially extending beyond domestic borders.
The introduction of a 'Global Health Care plan' signifies a step towards providing broader security for individuals seeking healthcare services internationally. Bajaj Allianz General Insurance aims to cater to the evolving needs of customers who require access to medical facilities worldwide. This initiative highlights the company's commitment to innovation within the general insurance market.
Given below are two statements
Statement I: In the case of Life Insurance, the insurable interest must be present in the person insured at the time when the event happened.
Statement II: In the case of Fire Insurance, the insurable interest must be present in the object insured at the time when the policy is taken and the event has happened.
In light of the above statements, choose the correct answer from the options given below
Which of the following sentences explains the principle of utmost good faith in insurance?
‘Average clause’ in insurance is applicable for which one of the following cases?
Who among the following relatives of a deceased insured person is not “dependent” under the Employees’ State Insurance Act, 1948?
When did Life Insurance Corporation come into existence ?