Top 7 books on Insurance Law in India.

Introduction

These articles suggest the top listed books on Insurance Law. Insurance law mostly deals with the practice of all the insurance rules and policies including claims regarding marine, health, fire, life, or general insurance. It is a type of contract where one party agrees to pay an amount with consideration to repay for damage to the other party. These contracts are known as policies and these policies are applied to protect valuable assets, property, and life.

In this subject, we will get to know the rules and policies of different insurance companies, types of insurance covered by different insurance agencies, what are the rules provided by I.R.D.A. (Insurance Regulatory Development Authority of India), and various schemes which the government had provided it for us.

Read: The History of Insurance Laws in India in one of our blogs?

1. Insurance Laws by Gaurav Varshney

This textbook is great for students as an introduction. The book is much smaller than usual textbooks in law schools and, in comparison to them, it is compact. The matter is clear, concise, and straightforward. There are nearly 300 pages in this book. It almost covers everything. Those who do not have time can also go for this book since it is concise and easy to understand.

2. Law of Insurance by Avtar Singh

If you’re seeking a standard insurance law book, Avtar Singh’s law of insurance will be your first pick. In his book, he adopts a classy and easy-to-understand language and style. This is a basic book on the Indian Insurance Act of 1938, which covers the practical and intellectual aspects of every rule and policy of insurance law.

3. Law of Insurance by Dr. S. R. Myneni

You are searching for a reference book on insurance law this book would be your first choice. This is a good book with easy language written by Dr. S.R. Myneni. You can check this book at our link below.

4. General Principles of Law of Insurance by R.K. Choudhury

If you are searching for the easiest book on Insurance law then Dr. R.K. Chowdhury’s book on insurance law is highly recommended. This book is written for law students in their third and fifth years. You can check out this book at our link below.

5. Modern Law of Insurance in India by K. S. N. Murthy & Dr. K.V.S. Sarma

Professionals and students alike have relied on the Modern Law of Insurance since it was published almost three decades ago. The book examines the laws that govern various types of insurance in India. It has been a long time since the last update, and the industry has changed drastically during that time. This version reviews case law from 2004 to 2013, including consumer protection cases. The book has been updated with the latest changes in the insurance industry in a new chapter. There are two additional explanatory notes: one contains extracts from the Financial Sector Legislative Committee’s suggestions to establish a super-regulator, and the other highlights the Insurance Amendment Bill, 2008.

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6. Law of Insurance by R.K. Nagarjun

This is the best book on Insurance law for beginners published by Allahabad Law Agency. The language of this book is too lucid and easy to read for those who are reading insurance law for the first time. You can refer to this book as your textbook in your college. This book is perfectly based on the latest syllabus for every law student around the nation.

You can check out this book at our link below

7. Insurance Law And Principles by Dr. Sachin Rastogi

Dr. Sachin Rastogi’s “Insurance law and its principles” is one of the most comprehensive academic books available on insurance laws. Throughout this book, all doubts regarding the Law of Insurance are clarified for law students. You can certainly check it out on your own by visiting the link below.

Also Read: 5 Things To Know Before You Buy a Health Insurance on our blog

Conclusion

Insurance Law is a reform-oriented subject where it deals mostly with the practice of all the insurance rules and policies including claims regarding marine, health, fire, life, or general insurance. Insurance law is a type of contract where one party agrees to pay an amount with consideration to repay for damage of the other party. these contracts are known as policies and these policies are applied to protect valuable assets, property, and life.

In addition to the above books, several other standard books on insurance law have been written by numerous authors for law students. These books, however, were widely used for academic purposes and are mostly recommended by law school faculties. Thus, these books will help you to comprehend insurance law from the beginning and also help you to score well on your semester exams.