Page 50 - Insurance Times December 2015 SAMPLE
P. 50
LEGAL
Accident tribunal settles crash claim at pany would be liable to pay interest on delayed payment
Rs 5 lakh from the date of the industrial accident besides the amount
of compensation under the Workman's Compensation Act.
A Delhi motor accident claims tribunal has finally awarded
a compensation of Rs. 5 lakh to a 37 year old woman who The order to the contrary passed by the commissioner in
suffered injuries after being hit by a rashly driven motor- Udaipur was set aside in the case, National Insurance Com-
cycle in 2013. Sabita Haldar, who was working as a maid, pany vs Smt Raju Bai. The Act insures an employer against
was hit by the bike while she was crossing the road in Sep- accidents in work places.
tember 2013.
In this case, the commissioner appointed under the Act
Insurer to pay interest on delays: ordered compensation from the date of accident suffered
Rajasthan HC by an employee with 12 per cent interest. The insurance
company appealed to the high court, but it affirmed the
The Rajasthan High Court has ruled that an insurance com- order of the commissioner.
Insurance Quiz
Q1 1. What is the name of the new insurance policy launched by Future Generali which will provide cover from
cradle to 100 years?
Q2. What are the three gold schemes launched by Prime Minister Narendra Modi?
Q3. IRDAI has fixed the premium for third party motor insurance for_______ and ________.
Q4. Star Health and Allied Insurance Company has introduced a Health insurance package for______.
Q5. FIPB has recently cleared how many FDI proposals?
Q6. Life Insurance Corp (LIC) has reduced stake in commercial vehicle manufacturer Ashok Leyland by
________percent.
Q7. How many enrolments are expected at LIC Thanjavur division under Aam Aadmi Bima Yojana?
The answers of the quiz are from this issue itself. Just go through our journal and you will find the answers. Send your answers
by Email to info@sashipublications.com and you can get a chance to win Liability Insurance book absolutely free of cost. The
book will be offered to person giving all correct answers. If we receive more than one entry with all correct answers the
name of winner will be drawn from lottery. The last date of receipt of entry is 28th December, 2015.
So Hurry and Submit your entry at the earliest !!!!
46 The Insurance Times, December 2015
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