Motor Insurance
In India, 125,000,000 motor vehicle registred is growing at a faster rate than the economic and population growth, 405 people die every day in india, equivalent to a jumbo jet crashing every day, 370 people do not have insurance policy to help their dependents as short fianancial protection losses.Insure and stay safe. Go to Motor…
Health Insurance
In India, Air pollution is a major and growing risk factor for ill health in India, contributing significantly to the country’s burden of disease, Rural and urban India are both affected by poor air quality.only 22 million health insurance policies, which means only 2.2 % indians are protected against health risk. Insure and stay health Go to Health…
Life Insurance
In India, 450 million young working population are want work own shedule, However, not much has been done by the generation towards risk coverage owing to their busy schedule.only 12 million term insurance policies it means less then .5% of young generation are risk covered, Insure and stay protected Go to Life . Go to Life…
General Insurance
India is among the most disaster-prone countries in the world. Over 58% of India’s landmass is prone to earthquakes, over 12% of its land is prone to floods and river erosion,5,700 kms of its 7,517 kms long coastline is prone to cyclones and tsunamis, and its hilly areas are at risk from landslides. Insure and stay protected. Go to General…
Simplifying Insurance
What is Insurance?
Insurance is a contract between an Individual or a group of individuals and an insurance company. The person who takes insurance is called ‘Insured’ and the person who insures is called ‘Insurer’. The insured agrees to pay a premium to the insurer in exchange for compensation in case of loss of property, illness, death or damage. The premium that is paid assures the insured that he or she is financially protected. There are different types of insurance – Car, Life, Health, travel Insurance.
What is a policy?
An insurance policy is a type of contract, whereby an individual gets financial protection or gets insured against any losses of property or other assets from an insurance company.
What is a quote?
A quote is basically an estimate of what you are willing to pay as a premium to get that insurance policy. This quote can change or be negotiated by both the insurer and the insured person. The value they agree to become the ultimate premium of the policy.
What are the types of Insurance?
Life Insurance – Life Insurance plans pays a certain amount of money (lumpsum or part) to the insured person as per the plan term or to his or her beneficiary in the event of the death of the insured. Term Plans, Income Replacement, Child Plans, Retirement Plans, Tax Saving Plans, Money-Back Plans, Monthly Income Plans, Unit Link Policy; Short Term Guarantee Plans, Systematic Investment Plans etc..–
Health Insurance – Health insurance gives coverage for the insured’s medical or hospital expenses.
This assures you that you and your family will have enough money to pay for expenses if ever you get ill and are hospitalized.Types of Plans: Individual Health Plans; Family Health Plans; Senior Citizen Health Plans; Critical Illness Plans; Preventive Health Plans, Mediclaim Plans etc.
Motor Insurance – Motor Insurance provides financial security to you and your vehicle. In case of an accident involving your vehicle. The Insurance company pays for the repairs; damages to a third party etc It also covers theft or loss of vehicle, depending upon the policy.
Types of Plans: Car Insurance, Two Wheeler Insurance, and Third party Insurance.
General Insurance – General Insurance will protect your movable and immovable assets and investments. It could be your house, your office, your godown, your jewellery etc.
Types of General Insurance: Travel Insurance, Home Insurance, Personal Liability, Property Insurance etc.
How to choose the best Insurance Plan?
1. First, understand your requirements (future financial needs, your child’s education, marriage, or some other requirement).
2. Second, calculate how much premium you can pay every month or quarterly or half-yearly or annually.
3. See what benefits the Plan gives (each insurance company gives different benefits, so compare).
4. Decide on the tenure of the Plan.
5. See whether it is value for your hard earned money.
6. Decide the Sum Assured, the more the sum assured, the more the benefits.
7. Read the Terms and Conditions of the Plan.
8. Find out how prompt the insurance company is in settlement of claims for the plan.
Why compare insurance quotes on InsureMile platform?
1. First, you can compare Insurance Premium quotes on our platform without giving your contact details.
2. All our competitors ask for contact details and only then you can find out about Plans.
3. With your contact details, you are flooded with irritating telemarketing.
4. InsureMile not only gives you the Best Premiums, but also the Best Benefits, all simplified.
5. All transactions on InsureMile platform are digital and transparent.
6. InsureMile has the best experts in the business to guide you on Plans.
6. InsureMile respects your time and your investment
Why Personal Information needs be filled accurately?
The declarations in the proposal form are the basis on which the insurance companies underwrite policies, that is, assess the risk and calculate the premium to cover that risk. When you sign the insurance document, you are declaring that you have understood all policy features and its terms and conditions. This means if you later realise that the policy has been wrongly sold to you, it will be difficult to prove in a consumer court or to the insurance Ombudsmen.
Also, when you file a claim, the insurer checks the authenticity of these declarations. Furnishing of incorrect information or suppression of facts can be reasons for rejection.
Who can be a nominee?
A person who receives the benefit in case of death of the insured person is a nominee. Description: The insured person chooses or nominates his/her nominee at the time of buying the insurance policy. Nominee is usually the spouse, children, parents and friend.
Is the nominee a minor?
Guardianship of a minor nominee. You can appoint a nominee for your as per section 3 of Indian majority act, 1875, minor is person who has not attained the age 18 no, he nominee, but be appointed. Nomination in a insurance policy blog. Nominee is a minor you need to name an appointee as well.
Can we change the nominee in insurance?
If the nominee dies during the term, the change in nominee should be updated immediately. The policyholder can change the nominee at any time and there are no restrictions on the number of changes.
Why vehicle details are important?
In case of natural disasters like floods, hurricanes tornadoes, earthquakes, windstorms hailstorms fire and theft vehicle details plays important role in claim process and its helps in identifying the vehicle in case of unexpected events.
What are the documents required for insurance claims?
Proof of Insurance – Policy / Cover Note copy. Copy of Registration Book, Tax Receipt (Original required for verification) Copy of Motor Driving License (with original) of the person driving the vehicle at the time. / FIR (In case of third-party property damage/ death / body injury)
How to File an Insurance Claim?
Contact the Police (if any major accident or death)
File an Accident Report
Collect Information about Your Car Accident
Call Your Insurance Company or download insure mile app in your smart phone and register a claim. (All the insurance companies claims can be registered through the insure mile app)
Know your Coverage for a Claim process.
Does NCB wrong declaration affect you?
No-claim-bonus for car insurance is given as an incentive for not making a claim. Car insurance NCB can be transferred to the new insurer. Resist the temptation to save on premium by faking the NCB while moving to a new insurer; else you will face problems when a genuine claim is filed. Faking NCB is like washing away the sin of being involved in an accident.
What is insured declared Value?
Insured Declared Value (IDV) Definition: Insured Declared Value is the maximum Sum Assured fixed by the insurer which is provided on theft or total loss of vehicle. Basically, IDV is the current market value of the vehicle.
Why the need for Insurance in India?
This insurance protects you against any untoward incident like accidents. Some policies also compensate for damages to your car during natural calamities like floods or earthquakes. It also covers third-party liability where you have to pay damages to other vehicle owners.
Is higher IDV better
If you were to sell your car, it would command a higher price than the actual market value. However, that is not always the case. At best, IDV is the maximum sum insured amount that the insurance company pledges to compensate for your loss. … Decreasing the IDV value will result in lower premium and low coverage.
What is the compulsory deductible if the engine capacity is more than 1500 cc?
If the engine potential is more than 1500 cc, the compulsory deduction is Rs. 2000; if it is less than 1500 cc, the compulsory deduction is Rs. 1000 only.
What is Zero depreciation cover?
Zero depreciation cover, also called ‘zero dep’ policy, offers coverage without factoring in depreciation. It means, if your car gets damaged following a collision, you will receive the entire cost from the insurer.
What is the engine protection cover?
An engine protection cover in car insurance keeps you financially protected against any repair cost in case of a damaged engine and/or its parts. A comprehensive car insurance policy does not cover the damages incurred on car’s engine or its parts like crankshaft, piston, pins, cylinder, gearbox, etc.
What is the daily allowance?
Daily Allowance is the amount of money that an employee is entitled to on a daily basis.
What is Roadside Assistance?
Roadside assistance coverage helps drivers when their vehicle breaks down. It is an option on almost every auto insurance policy. … Generally, adding roadside assistance to your policy will get you: towing, battery service, flat tire service, fuel delivery, lockout service, and extrication.
What is PA to Unnamed passengers?
The policy covers your legal liability arising out of an Injury / Death of a third party and Property damage of a third party in case of an accident involving your vehicle. … It also covers the named and unnamed passengers up to the seating capacity of the vehicle and paid driver.
What RIM Damage Cover?
RIM damage cover damage to your rims if you run over a pothole in the road.
What is Loss of Personal Belonging?
Personal possessions insurance covers your personal belongings against loss, damage, or theft when you take them outside your home.
What is Anti-Theft Discount?
Car insurers typically offer a 2.5 percent discount on the premium up to a maximum of Rs. 500 if the customer’s vehicle is fitted with an anti-theft device. However, the discount does not apply to the entire premium amount.
What are External Accessories – Non-Electrical?
Music system, LCD mini TV, Fog lights, etc do not come along with the vehicle. Non-electrical fittings include CNG-kit, interior fittings, alloy wheels, etc.
What is renew the policy?
Renewal, in the context of insurance, refers the continuation of coverage. The policyholder extends their contract with the insurance company to continue their current coverage for a specified period. The insurance company typically invites the policy
Older to renew the policy near the end its term.
Can you renew the expired policy?
Yes you can. if your car insurance has been expired for more than 90 days, then you may lose out on your no-claim bonus benefit too. Can I renew my expired car insurance policy online? Currently, you can only initiate the renewal process by contacting insuremile online services. Or through insuremile mobile app.
What is a File claim?
An insurance claim is a formal request by a policyholder to an insurance company for coverage or compensation for a covered loss or policy event. The insurance company validates the claim and, once approved, issues payment to the insured or an approved interested party on behalf of the insured.
What did your claim status mean?
Your claim will be placed in “deferred,” “accepted,” “denied,” or “closed” status, depending on where it is in the process. If you’re unsure about what your claim status. Please contact your insurance company customer care.
What is Claim complaint?
If you’re not happy with the service offered by your insurance company, you have the right to complain.
Why complain about an insurance company?
Step 1 – Try to resolve the complaint informally
Step 2 – Send a written complaint
Step 3 – Ask the Financial Ombudsman Service for help
From an individual perspective, it provides financial security, besides other benefits including tax.
From a national perspective, it furthers economic development. So if we as a nation have to accelerate the pace of economic development, then it is necessary for all of us to take one or the other insurance, be it Life, be it Health, be it Vehicle etc.
Presently, India is a highly under-insured and un-insured nation, thus affecting national development. As per a report, over 63 million Indians are paying from their pocket for healthcare services and due to this they are pushed to go below the poverty line (BPL). With rising health care costs, they have had to raise the funds either by selling off their movable and immovable assets; borrow; or take to some other recourse for medical treatment.
A National Survey has indicated that people spend the least portion of their out-of-pocket (OOP) expenses on inpatient treatment. while they spend the most on purchasing drugs. Nearly 72 % of OOP expenditures (74 % in rural areas, 67 % in urban) are drug related.
India accounts for less than 1.5 per cent of the world’s total insurance premiums despite being the second most populous nation.
India needs to increase the spread of Insurance as it:
• Provides safety and security (to individuals, organisations and other entities).
• Generates financial resources (which can be deployed into investments and other development activities).
• Generates large-scale employment.
• Adds fillip to economic growth (mobilizes domestic savings)
Why should you compare quotes?
As we discussed, quotes can of different prices and nature. Hence, it is not okay to blindly go for a single quote. Match different quotes and see from which quote you get the optimal benefit. Some might be better than others depending on the price. Others might be better with respect to the security they cover
Why should you buy a policy online?
Buying policy online is easy and smart. You can search as many policies online without the manipulation of unnecessary agents. Once you have got the policies you like, you can compare among them and choose the best policy.
What are the benefits of Insurance?
The benefits of Insurance are many, depending upon the terms and conditions of the Plan, whether it is for Life, Motor, Health or General. Let us give you an example of Health Insurance.
Rahul takes a Family Health Insurance Plan from X company, paying an annual premium of Rs. 5,000. The Plan covers Rahul, his wife and two children, below 18 years. The sum assured is Rs. 5 lakhs for each of the family members. In the unfortunate event of one of the family members getting hospitalized. the Health Insurance Plan takes care of the hospital bills as per the Plan Terms and Conditions. Please carefully read the Plan Terms and Conditions.
The benefits are:
1. Rahul pays a small premium every month or year.
2. Rahul’s family is covered with insurance.
3. He can choose the doctor / hospital where he wants to get treated.
4. He can use other benefits such as ambulance service; nursing etc.
5. Importantly, the family need not worry about raising money for medical treatment, instead the family can provide emotional and other support.
What is Insurance Premium and what is Risk Covered?
An insurance policy’s premium is the amount of money that you have to pay if you are planning on getting insured. You can pay this fee monthly, quarterly, or yearly, depending on your agreement with the insurer. The premium is calculated based on how much risk there is if the insurer insures you or your property.
There are a lot of factors that should be considered when calculating the risk point of your insurance. Some of these factors include age, location, gender, and health conditions and in case of vehicles. the condition of the vehicle, age, model etc. If you are a high-risk candidate, then the insurance company will increase the premium to cover for the cost in case of losses.
How to choose an Insurance company to buy your insurance?
Buying an insurance policy is a serious commitment. It is a long-term investment that you need to carefully think about. It will serve as a security for you and your loved ones which is why you should explore all the options before you finally decide the policy that you want to buy.
Here are some of the things that you need to consider before choosing an insurance plan:
1. Is it the right type for your needs?.
2. Compare the benefits and coverage?.
3. The reputation of the insurance company.
4. What is the claims settlement ratio.
5. Terms and Conditions of policy?.
6. Policy servicing and claims serving (are they prompt and efficient).
7. If you are ready to explore your options, then let InsureMile assist you.!
What is the major differentiator of InsureMile in the sector?
For every policy you buy on InsureMile.com, InsureMile will contribute, on your behalf, 25 meals to children. This is social cause is done without charging you any extra premium or donation.
We are in a Mission-Mode to increase the growth of Insurance in India. At the same time, we are working towards eliminating malnutrition among children.
We have tied up with Plan India. a non-governmental organization, and also Akshaya Patra to launch the ‘Buy A Policy, Feed A Child’ programme.
Your policy will not only protect your financial interests, but also go a long way in economic development. We look forward to your support in this critical social cause. You will be eligible for tax benefits for your charitable deed.
What is claims settlement ration and why compare the claims ration?
Claims settlement ration is key parameter to understand the insurers effectiveness and efficiency to serve the policy holder. event of claims settlement or any other services lower the claims ratio. the insurer is in best position to server the policy holder to deliver the committed services. for more details you can check at IRDA website to understand stats for the financial year
A brief history of the Indian insurance
Mr Mallesh Reddy says he has in-depth knowledge and experience about insurance. They started insurance through means of technology. He also has in-depth experience in marketing, sales, management, customer management and analytics. In insurance industry, including Singapore the insurance industry in Asia is unsystematic. To explain what insurance is economically and in continents such as US, Europe, Australia, Asia is also one among them. Asia has single digit penetration including countries like Singapore, Thailand, Malaysia, Indonesia and India. We are in a single digit penetration i.e.; (9%). Earlier in India people were living in joint families. If someone expires, we would help them or they would help us because of which we have not been taking insurance seriously and even now we have not been taking it into consideration. What is Insurance? People think insurance is some sort of luxury and they would look into it only when there is money. This perception has been there for a long time now. It’s mainly because we didn’t have vehicles back then. We only sold life insurance. Now since there are hardly any joint families and due to which vehicles are more, travelling takes longer and there is increasing number of health issues due to pollution, health insurance has gained its importance. Because of this, at least now the awareness about insurance is very much in need. Do we need insurance or not? What can we do in India? Since India is geographically big, what can be done? Something digital? In India complexity is paper work. Insurance is very complex. Buying insurance is complex, services are also complex. The main problem is we are 1.2bn in population and only 200m policies exists. In that, India has only 75m vehicle policies,22m life,38m health insurance.
We have 3 segments.
1.Asia=non-insured continent
2.US=insured continent
3.Europe = insured continent
Under-insured continent is a country like South Africa. In between non-insured and insured continent exists countries like Russia, China and these countries have insurance but it isn’t sufficient or they do not know what it is and what are the benefits they have even after having an insurance. If we see India, the city dimensions are as such that there are 95m vehicle policies and in the second year 65m insurance holders don’t get it renewed. We have 3 problems. One is that is insurance and Bangalore has about 6.5 million vehicles of which 4.5m vehicles do not have insurance. Why so?
When you run your vehicle without insurance the fine is Rs. 2000.Every month there is traffic collection and they are generating 2crores just by collecting fines. There is lack of awareness about insurance. Motor/vehicle insurance can be taken for the vehicle and as well as for the owner. The government, supreme court or any legal authority is not asking us for vehicle insurance. They don’t ask vehicle insurance but they ask whether if the vehicle owner has an insurance. It’s been interpreted very wrongly and this insurance costs only Rs.250 and it is called the third-party insurance. If you get caught by the cops, why should you pay Rs.2000 as fine because the third-party insurance costs you only 250. You pay Rs.3000 or more for helmets but why can’t you take an insurance that costs you only Rs 250.
What’s happening now is that the insurance industry is growing very well and they have been innovative. What they lack here is consumer education because there is no awareness about insurance and the insurance industry is very much depended on and is focusing on B2B, corporates, governments and transport industry. In B2B, almost 85% insurance is penetrated. But for consumers perspective it is under penetrated. Now everything is digitalised. Be it for paying bills, to transfer money, technology is playing a vital role. Take for example – LIC has 75% is their market share. There are 29m people with insurance. If they have to renew their insurance, they undergo too many procedures, asking for an agent to help them out, going to the bank and by then policy gets lapsed. There is too much of paper work and hassle when it comes to renewal of policies. Now there is comfort level because of digital technology and its handy. 15crores70,000 is the unclaimed money. There is sufficient money in 23 insurance companies but the problems that are faced by them is that people don’t reside in one particular address and they are migrant in nature. They keep moving from place to place. Hence there is no proper address, no details about them etc. Now what the insurance company would say is that they’ll send 3 emails to the insurance holders to claim the amount and if there is no response, they’ll keep the money for 7 years and make the settlement whenever they approach the insurance companies. After 7 years they’ll give it to the government. Consumers are facing a lot of problems in the regard. People do not know how to claim, whether to keep it or cancel it. So, what we do here in Insuremile app is that once you download the app, you can manage any kind of policies like health insurance, life insurance, motor insurance with LIC, Star Health, ICICI or be it any insurance that you have you can get free services. You can change you’re your name, cancel your insurance, renew your insurance, change of address, add on policy, claim settlements and everything that you want is available on the app. Everything is digitalised. We have IRDA insurance aggregator licence. All other insurance companies are only selling their insurance policy and plans, but, in Insuremile we have services in bulk for all customers for free of cost. All insurance companies have access to us. We have tie ups with them. This app is too simple. When it comes to renewal of policy, if the insurance has expired then it is difficult to renew and therefore in Insuremile all this is digitalised and there is an option for this. You can send your map location from the spot where you have met with an accident. You can submit everything digitally to claim your settlements. You can select your own plan. It is all real time. We keep updating everything in this app.
Why 45lakhs will not renew their insurance because there are many two-wheeler in this bunch. Out of 45 lakhs,30 lakhs are two wheeler. Normal vehicle accident will cost you upto Rs50000 to 1 and half lakhs. Policy is only for Rs 2000. In that case why shouldn’t people buy it?
We even show the comparison on client services, policy services, add on services etc. even if the plan amount is the same, we will show you the difference and its comparison. We will provide all kind of help services for the consumers. Ours is digital and we have more advantage due to this. We provide 24×7 online services.
Why correct nominee required?
Nomination. Ask their account holders to make nominations which mean that they should nominate persons to whom the money lying in their accounts should go in the event of their death
Can a friend be a nominee in the insurance account?
Nomination is the process of appointing a person to take care of your assets in the event of your death. You can appoint a nominee for your insurance account,. A nominee can be a family member or a friend or any other person whom you trust.
What happens when nominee dies?
Who receive Insurance benefit when insured and nominee both die? … When you die, then the nominee (will receive the benefits) and policy closes there itself (in many cases). However, if both policyholder and nominee both die during a policy period, then the legal heirs of policyholder will get the benefits.
Is FIR mandatory for insurance claim?
“An FIR is mandatory while filing for a claim in case of a road accident including third-party or major accidents,” in case of any death.
Is it a legal requirement to have car insurance?
Is car insurance a legal requirement? Yes, it’s a legal requirement to have an insurance policy in place if you own any road worthy vehicle. It provides financial protection if you have an accident, and it can also cover injuries to other drivers, pedestrians and passengers in your car.
Why previous insurer details need be filed?
No claims bonuses can usually be transferred to another car, but if you switch insurers before the year is up, you won’t get the NCB for that year. Some insurers may provide your proof of no claims in the car insurance renewal letter they send you. If it’s not there, you can call your insurer and ask them to send it.
What is No Claim Bonus?
No Claim Bonus (NCB) Definition. No claim bonus (NCB) is a discount, given by an insurer to a policyholder for making no claims during the policy term. NCB can be accumulated over years and the discount ranges from 20% to 50% on the own damage premium.
Why is IDV important?
As explained, IDV is the amount that you will get in case your vehicle is stolen or suffers total loss. It is highly recommended to get IDV which is near the cost of market value of car. Insurers provide with range of 5% to 10% to decrease IDV which could be chosen by customer.
What is own damage premium?
These include own damage (OD) premium and third party (TP) premium. Own damage premium: The own damage premium is the part of premium fixed as per the Insured Declared Value (IDV) of your vehicle. The IDV is calculated after taking into account the value of the vehicle after depreciation.
What is TP premium?
The damage caused to others because of one’s vehicle falls under liability only policy covers (LOPC) or third party insurance, which is compulsory.
What is invoice value cover?
What is Return to invoice car insurance add-On? RTI is an add-on option which covers the gap between the insured declared value and the invoice value of the car. It’s an option that will fetch you the entire amount of loss (the on-road price you paid for your car) that you incurred from losing it.
What is Key Replacement Cover?
To put it simply, it covers the cost you incur to replace the key if it is lost or stolen. You will also get compensation for replacing the lock if required. Buying a Key Replacement Cover: … However, this extra cost is worth all the trouble and expenditure you will have to incur if the keys are lost or stolen.
What is NCB protection?
A no-claims bonus (NCB), or no-claims discount, is a count of the number of years in which you haven’t made a claim on your car insurance policy. The amount that its worth varies from insurer to insurer, but a NCB of five years or more, for example, is likely to give you a significant discount on your premium.
What is insurance and how it works?
What is consumables cover?
The list of consumables cover in car insurance is an exhaustive one. The most common consumable items include nuts, bolts, screws, washers, brake oil, engine oil, gearbox oil, power steering oil, radiator and AC gas, -, oil filters, wheel balancing weights, and items of similar nature.
What is PA to owner driver?
Your policy will list this as “PA cover for owner driver”. An “owner-driver” is the owner of the insured vehicle having a valid driving licence, according to the India Motor Tariff.
What is Tyre Protection?
It covers damage to tyres and rims as a result of blowouts, punctures and various road hazards (like driving through a pothole).
What is Towing?
Towing and labour coverage and limits are different for each carrier that offers towing and labour coverage, but typically, it pays the cost of towing your car to a repair shop when it is unable to be driven and covers a specified amount of necessary labour charges at the place of the breakdown.
What is External Accessories – Electrical?
Electrical Accessories Wholesaler of a wide range of products which include Electrical Wiring Accessories, Electrical Accessories, Electrical Holder, Electrical Sockets and Electrical Plugs.
What are Policy services in insuremile?
It’s a process of renewing, cancelling, endorsing and renewing the expired policies, reactivating lapsed/out-of-coverage policies by remitting full or partial repayment of outstanding premiums. Termination or cancellation of an insurance policy for its cash value before maturity date or death of the insured
What is cancel policy?
The insurance company cannot cancel the policy, provided that the policyholder continues to pay the premiums. If you cancel this policy, you may be entitled to a full or partial refund of premium under the applicable rules and regulations. If you cancel a policy, you terminate a contract of insurance
What is change policy or endorsement?
An insurance endorsement is an amendment or addition to an existing insurance contract which changes the terms or scope of the
original policy.Endorsements may also be referred to as riders. An insurance endorsement may be used to add, delete, exclude or otherwise alter coverage.
Where are my claim centers?
Claims management system that supports all lines of personal, commercial, and workers’ compensation insurance. Claim Center enables end-to-end claims lifecycle management, including: Intuitive loss-report intake. And also you can find the services centers in insuremile mobile app.
What are emergency services?
The public organizations that respond to and deal with emergencies when they occur, especially the ambulance service, the police, and the fire brigade .And also by using insuremile app you can see the nearby towing services, nearby ambulance services, nearby repair centers and nearby hospitals.
What are nearby services?
Nearby services always helpful for service users for knowing the locations like nearby police stations, nearby traffic, nearby petrol stations and nearby parking lots. By using insuremile mobile app.
What is insurance and how it works?
Insurance is a contract that transfers the risk of financial loss from an individual or business to an insurance company. The company collects small amounts of money from its clients and pools that money together to pay for losses..
Why InsureMile
Insuremile is India’s first financial protection marketplace, founded with the intent to change the dynamics of the insurance sector in India. As an insurance web aggregator, Insuremile enables financial protection to 96% of Indians who are under risk, providing simple, fast and reliable services. The primary aim of the platform is to enhance the user experience by letting customers compare multiple policies at a time before making a choice based on their individual needs..
