ANSWER:

If you had insured it because it is mandatory upon you by law, you can benefit from what the insurance company pays you.

But if the mandatory insurance is only limited to 3rd party damages and not whole coverage, you shouldn’t benefit from that except for the amount of the premium payments you had paid the insurance company since the start. The rest must be give in charity. 

When i tell my parents,or elderly people here in india that medical insurance is prohibited in islam then many of them who belong to middle class or who don’t have savings tell what will u do if u have serious disease like cancer,or illness that require lot of money to treat.It’s like either u ask others for money or die.so what should a muslim do?Is it permisible to have insuranc for middle class

My car was stolen then the suspect got into an accident with the car which was later recovered by the police. The insurance is claiming it’s total lost and will insha’allah pay me settlement money but I’m very doubtful of this money as I recently found out that insurance is haram and if you are forced to it, it’s fine but don’t go with the full coverage(which I did). My question is do I have the r