Insurance Advisory

Business entities at times need to choose policy structures in addition to their primary policy program. From the perspective of structural bifurcation, a primary insurance policy (“Primary Insurance Policy”) can be the policy getting triggered on the occurrence of a claim event. The insured can...

Employment Practices Liability Insurance (“EPLI”) is a type of insurance coverage that protects businesses against claims made by employees, former employees, or prospective employees against employment-related issues. This includes claims such as discrimination, harassment, wrongful termination...

Professional Indemnity Insurance And Cyber Insurance  As the usage of technology provides significant benefits to save time and effort, it has also resulted in an increase in claims pertaining to professional negligence and cyber-crime events. It is quite evident that without Professional Indemnity...

What is an Export Credit Insurance Policy? The risk exposure involved in foreign trade is highly diverse and unpredictable. Businesses engaged in export trade are often at risk of export proceeds not being realized due to commercial or political risk factors. The commonality between foreign and dome...

Group Term Life Insurance  A group term life insurance plan (“GTL”) refers to a life insurance plan that covers a group of employees annually. GTL is often provided by employers to attract and retain top talent and may be offered as part of a comprehensive benefits package. During the policy te...

Group Insurances Compared: GMC vis-a-vis GPA Group insurance pertains to an insurance plan that offers coverage to a group of individuals under the same policy. A standard coverage is provided to all the employees covered within the same policy which is called as the “Master Policy”. The employe...