This Fourth Edition delivers comprehensive and structured coverage of insurance law, from general principles to specialized forms-life, fire, marine, accident, and more. It seamlessly blends statutory provisions, case laws, doctrines, and industrial standards, while offering consumer protection insights and regulatory perspectives. Cross-referenced, exam-ready, and practice-focused. With detailed discussion on the powers and duties of IRDAI, the statutory regulatory framework, and consumer protection mechanisms, including ADR and the Insurance Ombudsman, this edition stands out as an essential resource for both academic and professional reference.
Key Features:
Comprehensive Coverage: Explains the fundamental principles, doctrines, and statutory framework of insurance law in a clear and coherent manner.
Latest Updates: Revised and updated with the latest case laws, regulatory changes, and contemporary developments in the insurance sector.
Practical Insight: Includes court decisions, industrial standards, and government policies relevant to insurance law practice.
Structured Format: Chapters bifurcated for logical flow-starting with general principles, followed by specific types of insurance like life, fire, marine, motor accident, health, and personal accident.
Consumer Protection Coverage: Discusses the role of IRDAI, ADR, and key legislation like the Insurance Act, 1938 and Consumer Protection Act, 2019 to address insurance claims and consumer rights.
This book is widely useful for Law Students, Practitioners and Academicians, recommended for use in Law Libraries, and serves as a practical reference for Insurance Professionals. Additionally, it is equally beneficial to General Readers and Policyholders who seek to understand the legal and regulatory aspects of insurance.