Aspects such as no-claim bonus and add-on covers too are just as important as the premium payable
Health insurance has become a more transparent means to secure your family financially against all health issues.
For the normal person buying medical insurance is a sensible practice that has the added encouragement provided by the government in the form of a tax deduction for the premium paid U/s 80D.
Purchasing health insurance is a must, not just to avail tax benefits but also to ensure that you are taken care of financially when you are not well.
Basis a circular in August 2014, IRDAI, the regulatory body for insurers in India, allowed insurers to issue long term policies. The aim of the regulator was to limit the instances wherein people forget to renew their two-wheeler policies every year
A customer is eligible to receive an NCB benefit for each claim-free year. The maximum discount that is allowed is 50% if a customer has no claim in his last five years.
Medicare costs are on rise and so do the health insurance premium. Here are some smart ways to enjoy discounts on health insurance premium.
Though they pay for OPD expenses, dental care and wellness, one can still look at creating a fund for such expenses.
Buying a senior citizen health insurance policy is a cumbersome task for most young individuals. Here is how you can go about it.
Car insurance is a must in India. However, there are multiple factors that influence the car insurance. Here is a guide to arriving at your car insurance premium.
Smart motor insurance policies offer comprehensive cover for the motor vehicle owner in addition to the statutory third party liability.
If the policy lapses you lose all benefits such as no claim bonus, waiting period waiver and coverage for pre-existing conditions.
Having car insurance protects the investment you have made in your automobile, it protects you from liability lawsuits, it also covers damages to your car, and it gives you peace of mind, just to name a few. It‘s a single plan that relieves you from all your motor insurance related worries in one go.
Personal finance expert, Harshvardhan Roongta, Roongta Securities said that the seller of a car or motorcycle should transfer the insurance policy in the name of the buyer and claim for No Claim Certificate.