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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 …
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 …
Let’s be honest; Paying for car insurance always seems like a burden. Well, you cannot deny that car insurance is not only mandatory in India, but also useful if your vehicle is the victim of an accident or theft. Now that we need to get car insurance, here are some tips and tricks to lower …
Both insurance and reinsurance offer financial protection against potential losses. Although they are similar in concept, they differ greatly in how they are used and who uses them. Take out insurance to protect against possible property loss. Who will protect the insurance against a possible loss of property? If the damage is minor, the company …
An accident can happen at any time without warning and sometimes cause serious damage. Such an undesirable incident can have a significant impact on your finances. Not only can treatment be expensive, but it can also affect your earning potential if you are disabled. To protect yourself and your family from such a situation, it …
The word “bonus” sounds very positive. However, it is questionable whether these three words – no, right, and bonus – together have a similar impact. The skepticism could be due to the presence of “no” and “complaints”. But there is nothing to worry about. No Claim Bonus (NCB) on health insurance simply means a bonus …
It is estimated that more than 70% of the two-wheelers on the road are uninsured. This is mainly because people do not know the benefits of bicycle insurance or forget to renew them in a timely manner. Whatever the reason, if you get caught driving on Indian roads without proper bicycle insurance, you will be …
When it comes to long-term car insurance for two-wheelers, it can be extremely difficult to remember to renew the policy year after year. Since driving a vehicle without liability insurance is illegal, a policy that has expired for even one day can create a number of complications. A simple and practical solution to this problem …