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Scratched EV battery? Your insurer may have to scrap the entire car

Scratched EV battery? Your insurer may have to scrap the entire car

by AIP Online Bureau | Mar 20, 2023 | International News, Non-Life, Reinsurance, Risk Management, Technology

Battery packs can cost tens of thousands of dollars and account for up to 50% of an electric vehicle’s price, often making them uneconomical to replace. “We’re buying electric cars for sustainability reasons,” said Matthew Avery, research director at Thatcham...

Insurer can’t repudiate claim by citing existing medical condition: SC

by AIP Online Bureau | Jan 2, 2022 | Health, Indian News, Non-Life

“Once the policy has been issued after assessing the medical condition of the insured, the insurer cannot repudiate the claim by citing an existing medical condition, which was disclosed by the insured in the proposal form and which condition has led to a particular...
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