TAGGED ARTICLES
Sat, December 23, 2023 | 5 min read
Curious to know how 'Pay As You Drive' works in India? As a step towards 'Digital India', the Insurance Regulatory and Development Authority of India (IRDAI) introduced a new type of Own Damage (OD) vehicle insurance - Pay As You Drive. Under this plan, you can pay discounted premiums towards Own Damage motor insurance based on your car's usage.
Sat, December 23, 2023 | 5 min read
Motor insurance, an essential requirement for drivers and their vehicles, is mandatory in India as per the Motor Vehicle Act. A crucial aspect of motor insurance is the "sunset clause".
Sat, December 23, 2023 | 5 min read
Motor insurance is a crucial aspect of owning a car or bike in India. It is a legal requirement under the Motor Vehicle Act, 1988 and provides financial protection against unforeseen events such as accidents, theft, or damage.
Sat, December 23, 2023 | 6 min read
Vehicle insurance is an essential aspect of responsible vehicle ownership. It protects us from unexpected expenses that may arise due to accidents, theft, or other damages.
Sat, December 23, 2023 | 5 min read
In the insurance sector, Insured Declared Value (IDV) is a critical factor that determines the coverage and compensation you receive. Whether you're insuring your vehicle, home, health, or electronics, understanding IDV is essential for ensuring adequate protection.
Sat, December 23, 2023 | 5 min read
Motor insurance plays a crucial role in protecting individuals and their vehicles on the road. When it comes to determining liability and settling claims, two primary systems exist: no-fault and fault liability.
Wed, December 20, 2023 | 3 min read
From medical care to loss of life, insurance acts as a saviour in times of emergencies. The various insurance policies available in India enable citizens to have a financial safety net.
Tue, December 19, 2023 | 4 min read
Whether you’re travelling to work or going on a road trip with friends, your car is a constant companion. Owning a vehicle adds to the feeling of being self-reliant and gives you a sense of freedom.
Tue, December 19, 2023 | 3 min read
A sticker behind a car read: “Back off! My brakes are good, how’s your insurance?” Clearly, that’s an excellent sticker, given that fender benders are the most common car accidents. With road accidents being so common, basic motor insurance has been made mandatory in India.
Fri, December 15, 2023 | 6 min read
In India, the No Claim Bonus (NCB) is like a golden ticket, rewarding you for being a responsible and cautious driver. It accumulates every claim-free year, helps to reduce your premium costs and eases your financial burden.
Fri, December 15, 2023 | 6 min read
You lend your car to a friend or a family member, trusting they will be responsible, just like how careful you are when driving a vehicle. But what if they are not as cautious as you are? What happens when they get involved in an accident while driving your car? Who is responsible for the damages? Will your insurance cover the costs? Are you liable for any injuries or losses? There are many questions to answer and so many consequences to deal with.
Fri, December 15, 2023 | 5 min read
Car insurance is an essential requirement for vehicle owners in India. While a basic vehicle insurance policy fulfils legal obligations, it may not provide adequate coverage for damages to your vehicle.
Fri, December 15, 2023 | 5 min read
In today's fast-paced world, protecting your vehicles from unforeseen damages and accidents is crucial. Hence, motor insurance plays a pivotal role.
Fri, November 17, 2023 | 5 min read
A comprehensive motor insurance policy not only safeguards your vehicle from third-party losses and damages but also protects your vehicle against damages and other situations. To get the benefits of your comprehensive motor insurance policy, you must immediately file a claim in case of an accident or theft.
Wed, October 25, 2023 | 4 min read
Wondering why motor insurance is mandatory in India? First, let's consider a scenario. Have you ever faced a situation wherein you boarded the wrong train and reached some other location without enough money in your pocket? Or have you ever attempted horse riding without a trainer? Most of you must say ‘No’ for both these situations, but why?The reason for the same is that you always need a saviour in such unfortunate situations, and that is what motor insurance does, in reality.