Insurer has to compensate third party even if premium cheque bounces

[IndiaInsurance]

Where an insurance company issues third-party insurance cover to the owner of a vehicle on the basis of cheque payment, it will be liable to compensate the third-party's claim if the latter mee...

More... (http://www.thehindubusinessline.com/opinion/columns/s-murlidharan/article3346214.ece)