All Insurance News and Plans

A car insurance policy offers extensive financial coverage for a vehicle owner. Individuals can avail it to protect themselves from any expenses that can arise from damage or loss to their cars. Based on the insurance policy they choose, they can cover various expenses such as the damage caused by their car to a third-party individual, personal injuries or any loss sustained in any parts of their vehicle. Furthermore, car insurance add-on covers are additional benefits that you can avail on top of your base insurance policy. These covers help you avail coverage from any unforeseen financial liabilities.  Here are a few add-on covers that you must be aware of – Zero depreciation cover The valuation of your car is likely to decrease with passing time. If you file an insurance claim in the future, your insurance provider will take into account the depreciation of your vehicle before deciding the amount you will receive. Consequently, you will not receive the entire amoun...

According to a survey, the number of individuals availing health insurance policies in India increased to around 400 million in 2018. A primary reason behind this massive growth is the easy application and claim procedures coupled with numerous benefits that are offered by several insurance providers. Here is all you need to know about how do such insurance policies work in India – Application procedure Most financial institutions follow a straightforward application procedure for health insurance policies . You can visit the official website of an NBFC to fill up an online application form, or you can visit their branch for the submission. Once you have submitted an application form, representative from the respective insurance provider will contact you with further procedure. Process to claim the insurance coverage You can claim insurance coverage in two ways, either by opting for cashless hospitalisation or by opting for a reimbursement method. In case of planned hospitalisa...

Around 21% of total communicable diseases widespread in India are resultant from drinking contaminated water. Waterborne diseases such as diarrhoea, cholera, typhoid fever, etc. can take a severe toll on one’s health and can be fatal in certain situations. Availing waterborne disease health insurance is vital in such cases, as it reduces total expenses incurred in case an individual is diagnosed with such disease. You take the following precautions to ensure protection against waterborne diseases – Seek vaccination Vaccination against a variety of waterborne diseases should be taken to minimise the chances of developing such diseases during the lifetime of an individual. Nonetheless, it should be noted that such vaccinations are not 100% effective; an individual can be diagnosed with such waterborne diseases even after being vaccinated. Clean your surroundings Living in a clean environment reduces the chances of waterborne bacteria, virus, etc. to spread. Ensu...

Losing car keys can be exceptionally inconvenient for individuals due to obvious reasons. Several hassles are involved in availing a replacement as well. Opting for a key replacement insurance cover can aid in this process, as it provides the following benefits – 1. Financial assistance in case of theft or misplacement of car keys. 2. In case of rental cars, coverage is extended to meet key replacement expenses as well as late fees charged for delayed car delivery. 3. Any expenses incurred to availing services from a locksmith who will issue duplicate keys are also reimbursed by an insurance aggregator. Car key replacement insurance cover can be availed at nominal premium payments annually. Such insurance offers extended benefits in case of break-in and theft of belongings kept inside the car. Insurance aggregators bear the expenses of replacement of any item present inside the car. Claiming financial assistance in such situations is hassle-free, and can be done ea...