Srinagar, March 26 (IANS) The first COVID-19 death occurred in Srinagar after a patient who had tested positive earlier succumbed on Thursday in the hospital.
Doctors said the 65-year old COVID-19 positive patient being treated at the Chest Diseases Hospital in Srinagar city succumbed on Thursday.
"The patient had accompanying ailments of hypertension, diabetes and obesity. He succumbed in the early hours today," a senior doctor said.
The patient was part of a 'Tabligi Jamaat' (Religious preachers) who had a contact history with foreigners before he arrived back in the valley. He had reportedly returned from New Delhi recently after being part of the 'Tablighi Jamaat' which was attended by people from Indonesia and Malaysia.
Before being admitted in the hospital, he had come into contact with some local doctors, nurses and paramedics in addition to attending a couple of religious congregations in Sopore town of Kashmiri's Baramulla district.
Among the many that he came in contact with, four tested positive on Wednesday.
And a bulk of those he had contacted have gone on self quarantine and reported at medical facilities.
After this death, the total number of COVID-19 positive cases is now 10 in the union territory, out of whom seven are being treated in Srinagar and three in the Jammu city.
New Delhi, Jan 24 (IANS) The committee constituted by the Insurance Regulatory and Development Authority of India (IRDAI) has recommended direct payment of insurance premium to the insurance company while purchasing a vehicle, thereby suggesting separate payments for both buying the vehicle and the premium.
The Committee for Review of MISP (Motor Insurance Service Provider) Guidelines examined the current practice of collecting the premium payment from the customer while soliciting the motor insurance policy.
"The customer should make payment to the insurance company directly which is facilitated by the MISP. MISP shall not collect the insurance premium amount in its own account and then transfer the same to the insurance company," its report said.
As per the panel, there is lack of transparency in the cost of insurance premium when the customer buys the vehicle for the first time through the dealer as the customer pays one single cheque or payment for the cost of the vehicle and the insurance premium.
The MISP then pays through the insurance intermediary or directly to the insurance company through his own account. The customer does not know the insurance premium being paid as it is subsumed in the cost of the vehicle.
"This lack of transparency is not in the interest of the policyholder's interest as the true cost of insurance is not known to the customer. The customer may not be aware of the coverage options and discounts available in the process," it said.
The committee also noted that the customer cannot negotiate with the MISP to get the best coverage at the optimal price.
"There are also instances, where the policies are cancelled immediately after issuance refunding the premium. In cases, where MISP is making the payment through its account, the sources of funding is not known to the insurer and may also lead to possible anti money laundering activities," it added.