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Car insurance depreciation often refers to the loss of value of an asset over time due to factors such as age, wear and tear, and obsolescence. Vehicles generally write off assets. For example, a new car costs more than an old one. All automobile materials such as glass, plastic, metal, etc. are also associated with …
In the current pandemic situation, purchasing health insurance has become an important investment for you and your family. Health insurance companies offer policies for everyone, including COVID-19 patients. You will need to purchase adequate health insurance if necessary. Not only does it protect you during a medical emergency, but it also offers tax advantages in …
In recent years, health insurance has become a necessity due to the rise in lifestyle ailments and constantly rising health care costs. When shopping for proper health insurance, there are many factors to consider to get the best coverage possible. It is recommended that you are familiar with and understand insurance jargon, such as floor …
Travel insurance covers medical expenses, cancellations, loss or theft, flight delays, evacuations, etc. There are some basic types of coverage that insurance companies offer. 1. Trip cancellation insurance: It is the most used coverage of travel insurance. Pay a substantial amount when booking your trip. It would be an extremely significant financial loss if for …
Are you planning to increase your health insurance coverage due to the coronavirus pandemic? If this is the case, people with existing health insurance can consider two options: buy a Corona Kavach policy or purchase a Super Supplemental / Supplemental plan for their existing health insurance. Here you will find an overview of some advantages …
What services do you usually charge for immediate benefits? Of course, there are many things you need to keep up with today’s lifestyle. Benefit from the impeccable service of telephone calls, electricity, gas, water, and WiFi; You must top up or pay your bills on or before the due date. The same applies to health …
In India, the co-payment function in health insurance was introduced into the cost-benefit logic. Its primary objective was to reduce costs and provide more effective strategies for avoiding unnecessary inconvenience. What does co-pay mean? When you and your insurer share the cost of your medical expenses, it is called a copayment. If you understand the …
There are some basic documents that are associated with comprehensive auto insurance. You will need these basic documents/details to complete the insurance policy and make a claim. For example, when purchasing a policy, you will need the vehicle’s engine number and policy number to make a claim. However, insurance is associated with uncertainties. There may …