Car insurance in India is a mandatory requirement under the Motor Vehicle Act of 1988. However, the type of car insurance a car owner chooses to avail is entirely up to them. The law requires car owners to undertake basic insurance that protects against third party liability. Nonetheless, it is prudent to take out a …
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6 Questions To Ask Before Getting An SR-22 Insurance
It’s believed that many people have no idea what SR-22 insurance is or what it covers. In the United States, an SR-22 certificate can be a requirement imposed by local vehicle authorities or a court for so-called ‘high risk’ drivers or vehicle owners who have a history of accidents, previous court conviction for driving under …
Read More »Life Insurance: 4 Reasons Why You Should Get It, Even if You Think You Don’t Need It
There are a few things in life that we don’t realize how important they are until you’re older. If we thought about these things when we were younger, we could have made things much simpler as we get older. We’re talking about things like life insurance. If you currently have life insurance, think of what …
Read More »Term Insurance Cover Post Retirement –3 Things to Consider
The basic premise of a term policy is to offer comprehensive financial aid to your family, in case you are no longer there to provide for them. Therefore, it is advisable that you should purchase a term plan as early as possible during your lifetime. That said, however, does it make sense for you to …
Read More »Term Insurance- A step towards secured future
Rajeev was securing money for his new restaurant. He got married to Neha last year. Then they both invested their whole saving in the startup of Rajeev. They even took a loan from the bank. It was all going smoothly, slowly. Just then Rajeev met with a road accident and lost his life. Neha was …
Read More »Are you Aware of the Tax Benefits of Life Insurance?
A life insurance policy basically provides financial and monetary protection to the dependants of the insured after his or her death. A life insurance policy is a legal contract between the insurer or the insurance company and the policyholder. It ensures a guaranteed payment to the beneficiaries of the insurer upon his/her death. Various life …
Read More »What are the types of Car Insurance Cover ?
Car Insurance is a actually a contract between you and the insurance company. In this contract, you agree to pay the premium amount and the insurance company agrees to pay for your losses as mentioned in your policy. Auto insurance also provides property, liability and medical coverage out of which property coverage pays for damage …
Read More »How to choose the best Car Insurance Policy in India ?
Choosing the right car insurance policy for your vehicle can be almost as mind numbing a process as choosing the car itself. Many people rush into choosing a car insurance policy without going through the fine print and all the available options. However, this could be a big mistake as a long term plan. 6 …
Read More »What is Zero Depreciation in Two Wheeler Insurance?
Depreciation refers to the decrease of value of assets. There are some assets which appreciate, or increase their value over time. These are assets such as land and property. However, two wheelers value depreciates over time. This is disadvantageous for owners of two wheelers taking insurance. Zero Depreciation in Two Wheeler Insurance With the usual …
Read More »Top 5 Car Insurance Companies in India
Best Car Insurance Companies in India : In India, car insurance is not only legally mandatory but also advisable to have one. In Indian driving conditions one should be prepared at best to make up for any miss happening that can take place any time. If you buy a new car, you have to opt …
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