The insurance policy comprises damage inflicted upon the policy-holder
and third parties because of the third parties willful activity, plus a result of unintentional mistakes and errors made by the policy-holders
employees and executives while performinh their professional duties.
He submitted that since the amount withdrawn by a policy-holder
is his own amount deposited by him with the applicant as premium and not a loan advanced by the applicant, therefor, the applicant does not file any recovery proceedings for the recovery of the same and the respondent is wrongly treating it as services liable to excise duty.
This information can then be viewed by the policy-holder
in their driver dashboard, an online tool that details journey and driver behaviour data, and in regular email bulletins.
Kean Seager of the Equitable Policy-Holder
Action Group said: "It shows yet again that Equitable consistently put themselves before customers.
An adviser to the Israeli government on Jewish-Diaspora affairs, Bobby Brown, says the release of the data and impending publication of policy-holder
names is a major step forward.
Mostly, a lapsed policy can only be revived by payment of due premiums along with applicable interest and "declaration of good health" by the policy-holder
Briefly stating the facts of the case are that Muhammad Akram was a policy-holder
for a sum of rupees one lac on non-medical grounds which the respondent No.
According to estimates from the Equitable Members Action Group (EMAG), a policy-holder
union, one million people lost a total of about 4 billion in 2000.
It said: "Wrightway has committed to helping its broker clients deal with affected policy-holders
and, with this in mind, Wrightway has decided to make an ex gracia payment to its brokers to pass on to their policy holders which is equal to the value of the premiums from now until the end of their current policy contracts.
The decision was taken by the governments of the Eastern Caribbean Currency Union (ECCU), led by the Eastern Caribbean Central Bank (ECCB), to assist policy-holders
who suffered as a consequence of BAICO's collapse.
The regulator is planning to issue a notice to LIC asking it to desist from allowing policy-holders
to nominate those who are not their close relatives as beneficiaries of life policy claims.