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While warranty insurance is more common in some other markets
like the US and Europe, it has recently gained pace in India. We
discuss how warranty insurance works, its advantages as compared to
traditional seller indemnities and its future in the Indian
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
A 5 Judge Bench of the Supreme Court in National Insurance Company Limited v Pranay Sethi, has laid down guidelines on the fixation of future prospects in cases of motor accidents for victims who are permanently employed, receiving a fixed salary, or self-employed.