The Legal Responsibilities of Insurance Companies in the Event of Natural Disasters and Catastrophic Events in the Context of India

  • Srivatsan Radhakrishnan and Vishnuraj Subramaniyan
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  • Srivatsan Radhakrishnan

    Student at School of Law, Shanmugha Arts, Science, Technology & Research Academy, India

  • Vishnuraj Subramaniyan

    Student at School of Law, Shanmugha Arts, Science, Technology & Research Academy, India

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This article examines the legal responsibilities of insurance companies in India regarding natural disasters and catastrophic events. As a disaster-prone country, India faces numerous challenges in dealing with the impacts of such events. Insurance companies are required to provide prompt and fair compensation to affected individuals, collaborate with government agencies and other organizations to mitigate future risks, and ensure compliance with relevant regulations. The obligations of insurance companies include offering comprehensive coverage, processing claims efficiently, and paying compensation promptly. The Insurance Regulatory and Development Authority of India (IRDAI) regulates the insurance sector and enforces guidelines for timely claims settlement. However, there may be limitations of liability in insurance contracts, which policyholders should carefully review. The legal framework governing insurance companies during natural disasters involves various government agencies, acts, and the judiciary. This article highlights the importance of insurance companies fulfilling their legal obligations to support disaster recovery efforts and ensure the availability and affordability of insurance in India.


Research Paper


International Journal of Law Management and Humanities, Volume 6, Issue 3, Page 1639 - 1648


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This is an Open Access article, distributed under the terms of the Creative Commons Attribution -NonCommercial 4.0 International (CC BY-NC 4.0) (, which permits remixing, adapting, and building upon the work for non-commercial use, provided the original work is properly cited.


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