Dear Sir/ Madam, We sincerely hope that you and your family are safe in current situation and we request you to please take utmost care. We at Beacon are pleased to invite you for our upcoming Webinar on “COVID-19: Implication on Trade Credit Insurance” Through this webinar, we would like to share our views on following points: Major problems...

The coronavirus pandemic has hit many businesses – and many have turned to their insurers in the hope that business interruption policies can bail them out amid massive volumes of lost business. Most cases are related to “SME” BI insurance policies, which are based on property damage (also in India, one only has BI cover as a consequence of property...

“Vessel Casualty Report gives details of vessels which have met with some casualty while carrying cargo from one Port to another and which may have resulted in (i) loss/damage to the cargo carried in the vessel or (ii) General Average Loss/Expenditure. Please go through the Casualty Report and check whether your cargo had been carried in any of the vessels mentioned therein and check...

“Vessel Casualty Report gives details of vessels which have met with some casualty while carrying cargo from one Port to another and which may have resulted in (i) loss/damage to the cargo carried in the vessel or (ii) General Average Loss/Expenditure. Please go through the Casualty Report and check whether your cargo had been carried in any of the vessels mentioned therein and check...

The employer will not be denied its claim under motor vehicle policy as per recent Supreme Court judgement if his or her driver produces fake or invalid license. Generally, there is a condition in standard Motor vehicle act policy, which states:- Breach of conditions under section 149(2) (a) of the motor vehicles act absolves the insurer of its liability to...