In pursuance of the National Financial Inclusion Strategy, the NFIS Technical Committee on Insurance (NFIS TCI) proposed certain amendments to the 1939 Act, which include Increasing the compensation limits from Rs 20,000 to 500,000, introduction of the 'no fault option' for payment of claims for death and
bodily injuries, separate compensation limits for
bodily injuries, and imposition of penalty for having bogus policies or not obtaining third party risk policy.
In pursuance of the National Financial Inclusion Strategy, the NFIS Technical Committee on Insurance (NFIS - TCI) proposed certain amendments to the 1939 Act, which include Increasing the compensation limits from Rs20,000 to 500,000, introduction of the 'no fault option' for payment of claims for death and
bodily injuries, separate compensation limits for
bodily injuries, and imposition of penalty for having bogus policies or not obtaining third party risk policy.
Furthermore, a schedule has been proposed to be inserted in the law to prescribe the enhanced limits for
bodily injuries.
Furthermore, a schedule has been proposed to be inserted in the law to prescribe the enhanced limits for
bodily injuries. To address the issue of bogus policies, the SECP has also proposed to impose heavy penalties.
sought coverage and a defense under a homeowner's policy issued by third-party defendant Harleysville Insurance Company (Harleysville) for a claim for
bodily injuries inflicted on his girlfriend, plaintiff D.G., during a domestic violence incident.
This is under a comprehensive cover or for
bodily injuries sustained by the insured if it is proved that the accident, death or bodily injury resulted from a willful act of the insured.' Capital Market Authority stated that the legislations are intended to enhance traffic safety and impose self-regulation to preserve safety of lives.
Accordingly, claims involving
bodily injuries that fall under these hazards are subject to an aggregate limit.
-- Durden suffered
bodily injuries while competing in the race.
The key question is whether the insured school is legally liable for the
bodily injuries. If the school is held liable, there is no exclusion in the general liability policy that would prevent coverage.
This typically covers
bodily injuries and property damages, up to the limits of the policy.
Trans World Airlines, a decision issued less than one year before Husserl, the court read "bodily injury" to require "palpable, objective
bodily injuries." (74) The claimants, a Jewish mother and her two young children, were on the same hijacked flight as the Husserl claimant.
