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In a nutshell,Car insurance online India is peace of mind for you. It’s your financial protection in case something unexpected to your car for example a bear leaping from the woods and leaving a giant pawprint dent on your car. Car insurance will cover the big cost a associated with damage to your car and yourself. CONTINUE
NEW In a nutshell,Car insurance online India is peace of mind for you. It’s your financial protection in case something unexpected to your car for example a bear leaping from the woods and leaving a giant pawprint dent on your car. Car insurance will cover the big cost a associated with damage to your car and yourself.
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In a nutshell,Car insurance online India is peace of mind for you. It’s your financial protection in case something unexpected to your car for example a bear leaping from the woods and leaving a giant pawprint dent on your car. Car insurance will cover the big cost a associated with damage to your car and yourself. Learn MoreLearn More

Insurance blog – Life Insurance | Car Insurance | Travel Insurance | Health Insurance

December 4, 2018

Indian Insurance Buying Behavior

In India, insurance is a risk management factor. This is used to manage the uncertainties of a family after a demise, injury or destruction. Insurance provides financial security to an individual after facing major risks in property, health, life and legal liability. The requirement for an insurance is a dynamic factor for every citizen of the country. The government has taken a lot of steps to ensure its highly growing population. Increase in insurance is directly proportional to the growth

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December 3, 2018

Buying the Health Insurance plans for your family will give you lots of benefits

Health Insurance is a type of insurance that gives coverage of medical and surgical expenses of an individual. As you all know that the medical or the surgical expenses are increasing day by day. Nowadays it has increased so much that many people can’t afford the expenses. So for them, only health insurance will help them a lot. They will provide money in the clinic, hospitals, Healthcare, Practitioner and pharmacy for the treatment of the individuals. In the emergency departments,

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December 3, 2018

General Insurance will give protection from all the unforeseen events

As you all know that life is full of risks and insecurities. We don’t know what will be going to happen to us even in the next few minutes. Now we are fine but in the very next moment maybe some unforeseen incident can happen to us. There are some of the things that are very important for our family. They are home, cars, shops, etc. In this matter, the general insurance will play an important role in our life.

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December 3, 2018

Motor insurance for the coverage of most unusual causes

Motor insurance is basically a documentation in case any uncertainty happens with the vehicle. This insurance is done for cars, trucks, motorcycle or any other vehicles. In order to provide protection for financial loss or any of the legal issues, motor insurance is done. Coverage is provided for the uncertainty which includes physical damage, injury, theft, any loss due to natural disaster and death cover for the third party liability. Most of the insurance support instant claim and compensation amount

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December 3, 2018

Life insurance to secure your family

Life insurance is a documents assurance given by the insurer to pay a sum of money upon the death of the insured. The insured is required to pay a premium on a yearly basis. This is the amount the insurer covers up on the death of the individual. Life insurance is essential for every individual as it provides financial security for survival after the death of the insured. This benefit given after the death of the individual is called death

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November 29, 2018

To leverage the wealth of future through best life insurance Investment Plans

What are the investment plans?

 

Investment plans are basically a financial asset that provided security to your future and provide enough opportunity for you to think beyond the basics. Most of the insurance plans are somewhere amalgamated to provide enough investment seeking for a wealthy future. These investment plans are broadly divided into 2 types.

 

  • First, which providesreturn based services.

 

  • The other one where the amount is paid only after the policy get matures.
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November 29, 2018

Secure your crops and agricultural land with agricultural insurance

What is meant by the agriculture plan?

Agriculture is one of the largest primary occupations in India. It is the prominent sector that provides food to our country. The cropping pattern may undergo changes due to climatic changes and calamities. Farmers will require funds to recover from natural disasters like storms, heavy rainfall, flood, lightning, drought, cyclones, landslides and so on. There are a number of general insurance agriculture plans available for farmers. The Agricultural Insurance Company of India Ltd

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November 29, 2018

Quintessential lifestyle after retirement with the retirement plans

What is meant by the retirement plans?

 

Retirement Plans actually helps you to design a systematize way for your financial events once you are done with your job. These plans convey enough financial security and assurance of certain amount which makes things quite easy for you to execute. Following the best life insurance retirement plans you get to live your life with the standards you have always followed without compromising on any segment. Retirement plants are actually a kind

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November 29, 2018

Protect unnecessary expenses with a personal accident insurance

What is a personal accident insurance?
Accidents are unexpected and sometimes maybe fatal. In such cases, you will have to spend a lot to recover and come back to normal. That is why you will need a general insurance personal accident quote. A personal accident insurance is very different from life and health insurance. The general insurance personal accident plan covers you during a severe accident or physical illness. Life and health insurance cover only after your death or

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November 29, 2018

Presumptuous liabilities of income replacement life insurance

Income Replacement is a broad term for the amount that is outsourced or invested in an alternative way from the regular income. It is far different from the individuals monthly or regular source of income. In the long run, best life insurance income replacement plans undoubtedly serve the need. As the specified amount of money or income is one of the most important financial assets of any individual, hence the investment of other incoming amounts must be totally fruitful and

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November 29, 2018

Go for the monthly income policy to get lots of benefits in your life

Firstly a Monthly Income Plan or MIP is a type of scheme that is mainly related to the mutual fund. In this scheme, the person will receive some amount of money each and every month. In the monthly income plan, you will receive the money after the few months of the deposit of your premium. If you are buying this plan, then your 70% to 80% of income will go to the debts funds and the remaining to the stocks.

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November 29, 2018

Money back life insurance policies that guarantees insurance along with investments for future

Money back life insurance policies are the most widespread type of insurance policies in India. They are mainly used for the financial security of your family. The major feature is the survival benefit. This benefit is a sum of money paid to you by the insurer for your family needs. Themoney back planspay you the survival benefit after you start the policy until the maturity. Money back life insurance quotes are unlike the general insurances that cover you only at

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November 29, 2018

Get benefits at the affordable premium with short term insurance plans

An insurance with short term planis given for a short period of time. The policy term will generally be for a year or a few months. You can choose this life insuranceshort term plan for expenses that can be utilized after a few years of investment. Insurance policies with short terms are available for life and health insurances. These policies give the benefit of low premium costs.
You can easily join an online life insuranceshort term plan with the

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November 29, 2018

Go for the general insurance micro insurance plans to have lots of benefits

What is meant by Micro insurance?

 

Firstly, a micro insurance is a type of insurance policy that is specially developed for low-income people. This type of policy insurance is designed for people to buy insurance coverage who can’t afford to buy the costly insurance. The online generalinsurance micro insurance plans help the low-income people against the suddenly occurring unforeseen events.

 

 

What are the sectors does the micro insurance plans covers?

 

The followings are the sectors which

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November 29, 2018

Dynamic coverage associated with Asset insurance Plans and policies

What is an asset insurance plan?

 

The better investment or most assured amount with the investment is not the actual benefits. When the people and their lives are secured along with the materialistic things say it is vehicles, machinery or other equipment then here lies the most profitable investment. In order to get the peace of mind and financial security, a best asset insurance plan meets the requirement. These plans cover most of the financial assets providing you with

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November 29, 2018

Buy online general insurance travelling insurance plan to travel safe

What is a travel insurance plan?

 

There are lots of people who love to travel from one state to another or from one country to another to spend their vacation with the family or friends. So the travel insurance plan is specially designed for them. Travel insurance plan is a type of insurance policy that covers all the sudden occurring unforeseen events that take place in travelling to abroad or within India.

 

Online general insurance travel insurance plan

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November 29, 2018

Avail Insurance Policies with Tax Deductions with These Tax Saving Plans

The term insurance is applicable for life insurances that covers you over a period of time. If the insured dies between that periods, the death benefit will be availed. Life insurance is compulsory for every individual. This benefits the entire family if the insured dies. The family gets a death benefit. This is the major purpose of a life insurance. You need to pay the premium as an amount

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November 23, 2018

Mediclaim health insurance policy: An alternative to health insurance

What is Mediclaim?
The ever increasing cost of healthcare and the rise of lifestyle diseases have made it necessary to have health insurance in India. Further, medical emergencies are expensive and having a mediclaim health insurance policy can help ease the financial strain that comes with hospitalization. A mediclaim plan is an insurance product that offers health cover up to the sum insured in the case of hospitalization.
The insurer either reimburses or enables you to have cashless

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November 23, 2018

The best preventive healthcare insurance policy for a healthy India

With the rise of a number of deaths related to treatable critical illnesses, there is a need for one to give preventive healthcare the seriousness it deserves. Preventive healthcare helps one to identify and manage diseases in the earliest stage possible. A preventive healthcare insurance policy is designed for this specific purpose.
The best preventive healthcare insurance plan caters for regular check-ups and takes the family history of a policyholder into account. This is done through regular scheduled check-up

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November 22, 2018

Third party motor insurance policy 101

A third Party Insurance policy is the most basic motor insurance plan there is in India. Sometimes referred to as Act Only coverage, this is a legal requirement that is found under the Motor Vehicles Act. This type of insurance aims to compensate the third party in case of an accident. The term third party represents a person, vehicle and property other than the insurance company and the insured.

Why do you need third party insurance?

Apart from a legal

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November 22, 2018

Get an online taxi insurance policy to conveniently protect your asset

Taxi insurance policy

Getting the best motor insurance plan is every car owners’ desire. That is why it is essential that you get the right plan when searching for your taxi insurance policy. A taxi car requires a different insurance plan from your personal vehicle due to the nature of its everyday use.

Five reasons why taxi insurance is different from your car insurance

  • A taxi is likely to cover more distance during its lifetime than the average car.
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November 22, 2018

The best senior citizens health insurance policy available

An insurance policy prevents a medical emergency from escalating into a financial emergency. As we age, so does our ability to withstand illness and the best senior citizens health insurance policy available is ideal to mitigate the cost of medical attention. A senior citizen is anyone above the age of 60 years retiring or on a pension. Age-related illnesses are expensive to maintain and to protect senior citizens from worry about their finances in the twilight years a health insurance

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November 22, 2018

Individual health Insurance

Over the years the cost of healthcare has been increasing steadily and in most occasions faster than income growth. To assist you from financial ruin due to illness, insurance companies have a cover specifically designed for this. An individual health insurance policy meets medical costs such as surgical expenses depending on the terms of your health insurance policy. A health insurance policy protects you from financial ruin at a time of illness and is reliant on the premiums the insured

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November 22, 2018

PROTECT YOURSELF AND LOVED ONES WITH PERSONAL ACCIDENT INSURANCE

There has been a rise in the number of fatal accidents leading to death or disability that are occurring in India in recent years. A personal accident insurance policy though not preventing the accident from taking place provides a soft cushion for the insured. This is because it provides benefits in case of partial and total disability, as well as death benefits. It also caters for ambulance and hospitalization costs and repair costs for damaged property and vehicles.

The best

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November 22, 2018

Advantages of a family health insurance policy

Health insurance is an ideal way to protect your loved ones and yourself from financial ruin due to illness. It ensures that your expenses are reimbursed or better yet you get to enjoy cashless treatment when the need arises. A family health insurance policy covers members of a family i.e. spouses, children, in-laws and parents. Although it covers your family from the ever-rising cost of medical attention, there are limitations and exemptions to your policy. It is therefore advisable to

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November 22, 2018

Advantages and exclusions of critical illness insurance policy

Critical illnesses are diseases and conditions that include but are not limited to cancer, stroke, organ transplants, and kidney diseases among other health conditions. Critical illnesses are expensive, disruptive to one’s way of life and may lead to disability. A critical illness health insurance policy helps you to mitigate such emergencies which if unattended would be fatal by providing an affordable illness plan.

A sum of the assured amount is paid to the policyholder by the insurance company if diagnosed

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November 22, 2018

The benefits of cashless hospitalization health insurance policy

Very few people have cash that they can easily access in case of a medical emergency forcing most into debt. Thanks to a health insurance policy known as cashless hospitalization one can get admitted and access medical attention without having to pay with your money. A cashless hospitalization health insurance policy is limited to only hospitals in your insurer’s network.

Your insurer covers your medical, surgery and laboratory test fees depending on the nature of your cover. As a policyholder,

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November 22, 2018

Get an online taxi insurance policy to conveniently protect your asset

Taxi insurance policy

Getting the best motor insurance plan is every car owners’ desire. That is why it is essential that you get the right plan when searching for your taxi insurance policy. A taxi car requires a different insurance plan from your personal vehicle due to the nature of its everyday use.

Five reasons why taxi insurance is different from your car insurance

  • A taxi is likely to cover more distance during its lifetime than the average car.
Read More
November 22, 2018

All you need to know about a car insurance policy

This is a mandatory motor insurance plan that seek to protect the policyholder in case of an ill-fatedincident such as an accident or theft. The best car insurance plan protects you and your car from legal charges resulting from physical damage caused to you and your car by a third party. Having your vehicle insured is the best way to protect your car and self from careless drivers or unforeseen natural calamities.

In case of an accident, a policyholder will

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November 22, 2018

Protect your motorcycle and moped with a two wheeler insurance policy

An insurance plan taken to cover a motorcycle and the rider from uncertainties such as accidents and theft is known as a two wheeler insurance policy.It is a mandatory motor insurance plan that seek to protect the policyholder in this case the rider from legal charges resulting from physical damage caused to the rider and their motorcycle by a third party. The best motorcycleinsurance policy protects your motorcycle and self from careless drivers or unforeseen natural calamities. Like any other

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November 22, 2018

Protect your asset with a commercial vehicle motor insurance policy

Commercial vehicle motor insurance plan

A commercial Vehicle is one that is used to ferry goodor passengers at a fee. These vehicles are prone to accidents due to time spent on the road and also uncertainties that are around us such as natural calamities. With this in mind your commercial vehicle requires a commercial vehicle insurance policy. It is also noteworthy that being a source of income to your driver and yourself, commercial vehicles do require some protection.

A commercial

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November 19, 2018

Insurance Blog – life insurance term plan – InsureMile

A life insurance term plan is an insurance product that provides financial shelter to the beneficiary of the policyholderfor a limited period of time. The beneficiary, who normally is a family member, can claim death benefits in case of demise of the policyholder from an insurance company. This is because the best life insurance term plans are designed to protect the family of a policyholder financiallyduring the term of the policy.
The payout of the benefits can be lump-sum,

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October 24, 2018

How To Make a Claim – Travel

Formalities for making a travel insurance claim
A travel insurance policy is generally a package policy that includes different types of covers like hospitalisaiton, personal accident, loss/ damage to baggage, loss of passport and so on.
The procedure and documents required for a claim would vary from cover to cover. All of them would be mentioned in your policy document.
For ease of procedure and your convenience, insurers normally attach the claim form with the policy document.


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October 24, 2018

How To Make a Claim – Property

Formalities for making a property insurance claim

There could be several types of policies that cover property and the property itself could be stationery – like a building, or moving around – like your household goods being transported.

When you receive your policy familiarise yourself with the documents required for a claim as well as the procedures to be followed.
Whether or not a claim arises you must follow the various dos and don’ts  in respect of your property

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October 24, 2018

How To Make a Claim – Motor

Formalities for a motor insurance claim

A claim under a motor insurance policy could be

  • For personal injury or property damage related to someone else. This person is called a third party in this context) or
  • For damage to your own, insured, vehicle. This is called an own damage claim and you are eligible for this if you are holding what is known as a package or a comprehensive policy.

Third Party Claim
In a third party

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October 24, 2018

How To Make a Claim – Health

Formalities for a health insurance claim

You can make a claim under a Health insurance policy in two ways:

  1. Cashless basis and
  2. Reimbursement basis

On a Cashless basis: For a claim on cashless basis, your treatment must be only at a network hospital of the Third Party Administrator (TPA) who is servicing your policy. You have to seek authorization for availing the treatment on a cashless basis as per procedures laid down and in the prescribed form. Please read

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October 24, 2018

How To Make a Claim – Life

Formalities for a death claim

When a person with a life insurance policy – called a life assured – dies, a claim intimation should be sent to the insurance company as early as possible. The assignee or nominee under the policy can do this. So can any close relative or the agent who handles the policy.

The claim intimation should contain information like the date, place and cause of death. The insurance agent has the duty to help the life

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October 24, 2018

Hit and Run

The Motor Vehicles Act, 1988 is a piece of social legislation and its provisions are designed to protect the rights of road accident victims where the identity of motor vehicle causing the accident cannot be established.   The relevant legal provision is enshrined in Section 161 of Motor Vehicles Act where a  “hit and run motor accident” is defined as an  accident arising out of the use of a motor vehicle or motor vehicles the identity whereof cannot be ascertained

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October 24, 2018

Safety Matters

Each of us has to make every reasonable effort to reduce losses by preventing accidents, preserving health preservation and fire protection.
Accidents not only injure people, damage machinery and property and destroy materials. They also cause needless personal suffering, inconvenience, and problems.
Most accidents can be prevented by taking common sense precautions.

  • Road Safety
  • Home Safety
  • Fire Safety
  • Personal safety



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October 24, 2018

Economically Vulnerable

Insurance Regulatory and Development Authority of India (IRDAI) has created a special category of insurance policies called micro-insurance policies to promote insurance coverage among economically vulnerable sections of society. The IRDA Micro-insurance Regulations, 2005 defines and enables micro-insurance.

A micro-insurance policy is:

  • A general or life insurance policy with a sum assured of Rs 50,000 or less

A general micro-insurance product is any:

  • Health insurance contract
  • Any contract covering belongings such as
  • Hut
  • Livestock
  • Tools or
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October 24, 2018

Senior Citizens

Insurance Regulatory and Development Authority of India (IRDAI) is sensitive to the special needs of Senior Citizen Policyholders
It has been intervening proactively with regulatory actions such as:
  • In 2006/2007 when some insurers drastically raised hospitalization policy premiums, it laid down a cap for such revision
  • A Committee on Health insurance for Senior Citizens was constituted to go in to special requirements
  • A large number of recommendations of this committee were implemented
  • IRDAI has also issued the
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October 24, 2018

Be Alert!

Fraud affects the lives of innocent people as well as the insurance industry. Insurance fraud has existed ever since the beginning of insurance as a commercial enterprise. It takes many forms and may occur in any areas of insurance.

Hard Frauds and Soft Frauds
An insurance fraud could either be a hard fraud or a soft fraud.
A hard fraud occurs when someone deliberately plans or invents a loss such as a theft of a

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October 24, 2018

Know your Rights and Duties

As a smart consumer, you should be aware of your duties and rights about your policy coverage and claims.

Duties:

When you buy a policy:

  • Fill the proposal form yourself correctly and truthfully, it is the basis of the insurance contract
  • Do not leave any column blank, do not sign a blank proposal form
  • You will be responsible for any information in this document as it bears your signature. Disclose “all material information” about the risk you want to
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October 24, 2018

Buy With Care: Some Dos and Don’ts

You buy insurance for security. So be extra careful when you buy it. It is worth taking care of a few crucial aspects during this process.
Mis-selling by insurers and their intermediaries is something you have to be cautious about. IRDAI keeps a tab on unethical practices by entities selling insurance based on unfounded promises.
Your insurance company and intermediary have to act according to the Code of Conduct prescribed by IRDAI, the industry councils and
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October 24, 2018

General Advice for Travel Insurance

When you decide to buy an insurance policy:

  • Check if the company selling the policy is registered with IRDAI
  • Make sure you buy the policy through a genuine licensed agent or broker. Ask for an identity card or licence
  • You can also buy policies from the company directly
  • Read the policy brochure/ prospectus carefully and get to know what the policy covers and does not cover
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October 24, 2018

Dos and Don’ts for Travel Insurance

Here are some Dos and Don’ts for buying Travel Insurance

Dos

  • Plan for your Travel Insurance ahead of time just as you plan for your visa and so on.
  • Take care to fill in the proposal form completely and truthfully after getting the necessary medical tests done and obtaining the medical report as required
  • Plan for the travel period ahead of time and ensure that your insurance covers the entire period
  • If you have to extend the period of
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October 24, 2018

How to Buy Travel Insurance and From Whom

Insurance Intermediaries

  • Insurance is a complex product representing a promise to compensate the insured or third party according to specified terms and conditions in the event of the occurrence of a covered contingency. In most insurance transactions there is usually an intermediary – an insurance agent (individual or corporate) or an insurance broker.
  • Insurance intermediaries serve as a bridge between consumers (seeking to buy insurance policies) and insurance companies (seeking to sell those policies).
  • Insurance brokers are licensed by
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October 24, 2018

What Travel Insurance to Buy

The Scope of Cover and Benefits offered by different insurance companies would vary. You must shop around to ensure that you purchase a policy that you need. The following are covers that are generally provided under Travel Insurance- though the combination may vary. The list, however, is not exhaustive.

  • Medical Expenses with or without cashless facility (most travel insurance products offer cashless facility)
  • Personal Accident
  • Loss of Baggage
  • Delay in Baggage arrival
  • Loss of Passport
  • Travel Delay
  • Repatriation
  • Transportation
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October 24, 2018

Why Buy Travel Insurance

Travel Insurance offers insurance protection while you travel. Travel Insurance may be called by different names by insurance companies. It is important for you to check and understand whether the policy covers domestic travel or overseas travel or both. Travel Insurance protects you and/or family against travel related accidents, unexpected medical expenditure during travel, losses such as baggage loss, loss of passport etc and interruption or delays in flights or delayed arrival of baggage etc.

You must read and understand

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October 24, 2018

General Advice for Property Insurance

When you decide to buy an insurance policy:

  • Check if the company selling the policy is registered with IRDAI
  • Make sure you buy the policy through a genuine licensed agent or broker. Ask for an identity card or licence
  • You can also buy policies from the company directly
  • Read the policy brochure/ prospectus carefully and get to know what the policy covers and does not cover
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October 24, 2018

Dos and Don’ts for Property Insurance

Property Insurance: Some Dos and Don’ts

A fire or burglary in your home is enough to devastate you. A fire insurance policy protects you from all this and more. Doing all the right things while buying your policy goes a long way in assuring your peace of mind and also giving you the right protection at the time of need.

Here are some Dos and Don’ts for buying Property insurance

Dos
When you buy a property insurance policy you

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October 24, 2018

How to Buy Property Insurance and From Whom

Insurance Intermediaries

  • Insurance is a complex product representing a promise to compensate the insured or third party according to specified terms and conditions in the event of the occurrence of a covered contingency. In most insurance transactions there is usually an intermediary – an insurance agent (individual or corporate) or an insurance broker.
  • Insurance intermediaries serve as a bridge between consumers (seeking to buy insurance policies) and insurance companies (seeking to sell those policies).
  • Insurance brokers are licensed by
Read More
October 24, 2018

What Property Insurance to Buy

Package or Umbrella policies

There are package or umbrella covers available which give, under a single document, a combination of covers. For instance there are covers such as Householders Policy, Shopkeepers Policy, Office Package policy etc that, under one policy, seek to cover various physical assets including buildings, contents etc. Such policies, apart from seeking to cover property may also include certain personal lines or liability covers. Make sure you understand the complete details of cover and exclusions contained in

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October 24, 2018

Why Buy Property Insurance

Insurance of property means insurance of buildings, machinery, stocks etc against Fire and Allied Perils, Burglary Risks and so on. Goods in transit via Sea, Air, Railways, Roads and Courier can be insured under Marine Cargo Insurance. Hulls of ship and boats can be insured under Marine Hull Insurance. Further, there are specialized policies available such as Aviation Insurance Policy for insurance of planes and helicopters. Thus Property Insurance is a very vast category of General Insurance and the type

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October 24, 2018

General Advice for Motor Insurance

When you decide to buy an insurance policy:

  • Check if the company selling the policy is registered with IRDAI
  • Make sure you buy the policy through a genuine licensed agent or broker. Ask for an identity card or licence
  • You can also buy policies from the company directly
  • Read the policy brochure/ prospectus carefully and get to know what the policy covers and does not cover
Read More
October 24, 2018

Dos and Don’ts for Motor Insurance

Motor Insurance: Some Dos and Don’ts

Travelling by road is a reality and filled with danger. An accident can destroy life and families. Insurance helps with timely financial aid in case of such a tragedy. Some forms of motor insurance is mandatory under the law so you should keep informed about motor insurance.

Here are some Dos and Don’ts for buying Motor insurance

Dos
When you buy a motor insurance policy you should:

  • Know that you can buy


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October 24, 2018

How to Buy Motor Insurance and From Whom

Insurance Intermediaries

  • Insurance is a complex product representing a promise to compensate the insured or third party according to specified terms and conditions in the event of the occurrence of a covered contingency. In most insurance transactions there is usually an intermediary – an insurance agent (individual or corporate) or an insurance broker.
  • Insurance intermediaries serve as a bridge between consumers (seeking to buy insurance policies) and insurance companies (seeking to sell those policies).
  • Isurance brokers are licensed by
Read More
October 24, 2018

What Motor Insurance to Buy

Types of Motor Insurance:

Broadly there are two types of insurances policies that offer motor insurance cover:

  1. Liability Only Policy (Statutory requirement)
  2. Package Policy (Liability Only Policy + Damage to owner’s Vehicle usually called O.D Cover

Remember that if you take only a Liability Only Policy, damage to your vehicle will not be covered. Hence, it would be prudent to take a Package Policy which would give a wider cover, including cover for your vehicle.

What

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October 24, 2018

Why Buy Motor Insurance

Motor insurance gives protection to the vehicle owner against (i). damages to his/her vehicle and (ii). pays for any Third Party Liability determined as per law against the owner of the vehicle.  Third Party Insurance is a statutory requirement. The owner of the vehicle is legally liable for any injury or damage to third party life or property caused by or arising out of the use of the vehicle in a public place. Driving a motor vehicle without insurance in

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October 24, 2018

General Advice for Health Insurance

When you decide to buy an insurance policy:

  • Check if the company selling the policy is registered with IRDAI
  • Make sure you buy the policy through a genuine licensed agent or broker. Ask for an identity card or licence
  • You can also buy policies from the company directly
  • Read the policy brochure/ prospectus carefully and get to know what the policy covers and does not cover
Read More
October 24, 2018

Dos and Don’ts for Health Insurance

Health Insurance: Some Dos and Don’ts

Healthcare costs are going up everyday and illness and hospitalization affect our finances, our earning capacity and our daily lives,

Here are some Dos and Don’ts for buying Health insurance

Dos
When you buy a health insurance policy you should:

  • Know that there are restrictions on coverage
  • Pay special attention to terms and conditions in the policy like:
    • The clause excluding pre-existing diseases
    • Waiting period before certain diseases can be covered


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October 24, 2018

How to Buy Health Insurance and From Whom

Insurance Intermediaries

  • Insurance is a complex product representing a promise to compensate the insured or third party according to specified terms and conditions in the event of the occurrence of a covered contingency. In most insurance transactions there is usually an intermediary – an insurance agent (individual or corporate) or an insurance broker.
  • Insurance intermediaries serve as a bridge between consumers (seeking to buy insurance policies) and insurance companies (seeking to sell those policies).
  • Insurance brokers are licensed by
Read More
October 24, 2018

What Health Insurance to Buy

A Health Insurance Policy would normally cover expenses reasonably and necessarily incurred under the following heads in respect of each insured person subject to overall ceiling of sum insured (for all claims during one policy period).

  1. Room, Boarding expenses
  2. Nursing expenses
  3. Fees of surgeon, anesthetist, physician, consultants, specialists
  4. Anesthesia, blood, oxygen, operation theatre charges, surgical appliances, medicines, drugs, diagnostic materials, X-ray, Dialysis, chemotherapy, Radio therapy, cost of pace maker, Artificial limbs, cost or organs and similar expenses.

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October 24, 2018

Why Buy Health Insurance

The term ‘Health Insurance’ relates to a type of insurance that essentially covers your medical expenses. A health insurance policy like other policies is a contract between an insurer and an individual / group in which the insurer agrees to provide specified health insurance cover at a particular “premium” subject to terms and conditions specified in the policy.

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October 24, 2018

General Advice for Life Insurance

When you decide to buy an insurance policy:

  • Check if the company selling the policy is registered with IRDAI
  • Make sure you buy the policy through a genuine licensed agent or broker. Ask for an identity card or licence
  • You can also buy policies from the company directly
  • Read the policy brochure/ prospectus carefully and get to know what the policy covers and does not cover
Read More
October 24, 2018

Dos and Don’ts for Life Insurance

Life Insurance: Some Dos and Don’ts

Your life and your earning ability are the biggest assets you and your family have. A life insurance policy is the best way to take care of your family even after your lifetime.

Here are some Dos and Don’ts for buying Life insurance

Dos

  • Think through why you are buying insurance and what core requirements and expectations
  • Seek and receive advice and options patiently
    Be open-minded but cautious about the advice and
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October 24, 2018

How to Buy Life insurance and From Whom

Insurance Intermediaries

  • Insurance is a complex product representing a promise to compensate the insured or third party according to specified terms and conditions in the event of the occurrence of a covered contingency. In most insurance transactions there is usually an intermediary – an insurance agent (individual or corporate) or an insurance broker.
  • Insurance intermediaries serve as a bridge between consumers (seeking to buy insurance policies) and insurance companies (seeking to sell those policies).
  • Insurance brokers are licensed by
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October 24, 2018

What Life Insurance to Buy

Kinds of Life Insurance Policies:

Term Insurance
You can choose to have protection for a set period of time with Term Insurance. In the event of death or Total and Permanent Disability  (if the benefit is offered), your dependents will be paid a benefit. In Term Insurance, no benefit is normally payable if the life assured survives the term.

Whole Life Insurance:
With whole life insurance, you are guaranteed lifelong protection. Whole life insurance pays out

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October 24, 2018

Why Buy Life Insurance

Life Insurance is a financial cover for a contingency linked with human life, like death, disability, accident, retirement etc. Human life is subject to risks of death and disability due to natural and accidental causes. When human life is lost or a person is disabled permanently or temporarily, there is loss of income to the household.

Though human life cannot be valued, a monetary sum could be determined based on the loss of income in future years. Hence, in life

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October 24, 2018

Buying Insurance

Why buy Insurance

  • Life is full of uncertainties. We face various risks in our day to day life including risks to our life, health, property and so on.
  • We don’t know whether something unfortunate will happen to us or when, but it is certainly possible for us to take measures to reduce the financial impact of these risks and protect ourselves financially.
  • Such financial security could come with savings and investment but these merely give back our own money
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September 20, 2018

Less than 1 per cent of senior citizens covered by health insurance

Sadly, we are a nation of uninsured and under-insured. When it comes to senior citizens, the percentage of those covered is less than 1 per cent. Nearly 99 per cent of the senior citizen segment has to fend for itself when they are hospitalized or have to take medical treatment at home. Senior citizens have to take insurance even before they touch 60 years of age and should ensure that they are covered for various age-related diseases such as cardiovascular

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September 15, 2018

Have a small business in Jaipur? Then you can avail the following financing options

Jaipur is one of the most famous places in north India. In addition to being a historically important town, it is also a big business centre with many manufacturers, traders, professionals and service providers plying their trade in the city. People from all over the world frequently visit Jaipur for business-related needs or for holidaymaking. This presents an excellent opportunity for small business owners in Jaipur to expand their business and improve their bottom lines. But like every other small

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child insurance
August 10, 2018

Why need buy child insurance plans

Why are child insurance plans ideal for your child?

A youngster is a delight for its folks. You, as a parent, endeavor to guarantee that your kid gets the best nourishment, social insurance and training. You even make a budgetary arrangement for your youngster’s future so your kid can pick whatever training he/she enjoys without worrying about fundamental assets. Consider the

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Health Insurance
August 4, 2018

What are Health Insurance Plans.

What are health insurance plans?

Health care coverage designs are protection items intended to cover your restorative costs if there should arise an occurrence of hospitalization or basic disease. Not at all like other wellbeing designs, which give scope to just the doctor’s visit expenses, a health care coverage design can give scope to other restorative

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Health Insurance
July 26, 2018

How to choose best health insurance policy

How to choose best health insurance policy

Health Insurance
What is Health Insurance?
Health care coverage is a legitimate understanding between the insurance agency and policyholder under which the backup plan guarantees to pay for every single therapeutic cost caused by safeguarded in the event of medicinal crises. The insurance agency will repay

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July 16, 2018

Everything You Need to Know About Theft Cover of Two-Wheeler Insurance Plans

Two wheeler theft cover Insurance

A bicycle is the most straightforward intends to drive to places with lesser odds of stalling out in rush hour gridlock for quite a long time.

A bike, not at all like an auto, won’t consume up much room and consequently, it is a considerable measure simpler to explore a bicycle in

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July 16, 2018

What is Engine Protection Cover in Auto Insurance?

An auto is a machine that makes our life less demanding. With the creation of carpooling taught by our neighbors and the taxi organizations too, the utilization of autos is ending up increasingly condition well-disposed nowadays. There are sure auto makers bringing eco-accommodating, battery autos and melted oil gas autos, which are less hurtful than the standard petroleum and diesel ones. Since auto

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July 16, 2018

What Is Covered Under Third Party Car Insurance Policy?

Each auto proprietor must purchase an outsider auto protection strategy to guarantee legitimate security against superfluous costs emerging from the therapeutic treatment, property harm or a money related misfortune, unplanned or lawful obligation from the finish of an outsider. Different presumed protection suppliers in the nation have approached with compelling outsider protection intends to give scope to people against such episodes.

What is

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July 16, 2018

What to Keep in Mind When Buying Two wheeler insurance Policy for Your Sports Bike?

Owning a top of the line bicycle is a fantasy for some devotees. They invest a considerable measure of their energy going over the exhibitions, determinations, and the different rates that distinctive merchants offer. What’s more, after an incredible relative investigation, they get their fantasy bicycle in their own carport.

Keeping in see the cost of a bicycle, you can comprehend that the

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