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When can car Insurance claims be rejected_ - (A)

Car insurance is mandatory in India and you buy insurance to protect yourself from the heavy financial burdens that come with owning a vehicle. When you file a claim for damage to your car, expect an immediate refund. When you can’t collect your money, it can be very frustrating. Therefore, to avoid a situation where …

What is Sum Insured in Health Insurance_ - (1)

You have a hard time understanding all the terminology used in insurance, right? You’re not alone. We understand that reading the 50 pages that most insurance companies publish can be boring and stressful. The terminology used is difficult, but it is also very important that you understand it both inside and outside of your policy. …

Will term Insurance help secure your home loan_- (A)

Owning a home is a bucket list or life goal like no other. You strive every day to achieve this goal; However, the first steps on this path come at your own risk. With lower interest rates, additional tax breaks, and the ease with which we can access home loans, that dream has become more …

How o Reduce your EMI by shifting your home loan to bank that offer lower interest rate-(1)

Homebuyers will have many options to choose from this holiday season. Property developers are offering discounts, some state governments have lowered stamp taxes, and banks are competing for lower interest rates. Interest rates have been the lowest in 15 years. For example, Kotak Mahindra Bank offers mortgage rates starting at 6.75%, while Bank of Baroda …

Steps to follow while Car Insurance Claim Inspection - (A)

As soon as your vehicle has an accident, activate the panic mode. But wait! Instead of panicking, do the following Do you check if your vehicle is ready to drive or not? It is recommended not to drive if the damage affects the proper functioning of the vehicle. Review your policies for emergency assistance. In …

Health Insurance policy for Hypertension patients - (A)

Living with high blood pressure can be expensive and seriously affect your savings. When Arun went to the doctor for his routine checkup, he was amused to learn that his blood pressure was above normal and that he had been diagnosed with high blood pressure. Realizing that his high-risk factors could lead to cardiovascular disease …

Difference between commercial and private car insurance - (A)

Insurance is an effective tool to cover your financial expenses in the event that your car is damaged. Regardless of whether it is a private or commercial vehicle, auto insurance is critical to protecting your car from potential loss or damage. Ensuring your car should be based on the risk factor. A commercial vehicle can …

What is the claim settlement ratio - (A)

The claims settlement rate is a very essential part of an insurance company. This ratio provides information on the number of claims paid and the total number of claims received by the insurance company. This index is a measure to evaluate the reliability of an insurance company in the resolution of claims. It is calculated …

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