If you have missed the LIC premium within the due date there is still time for you to make the payments without payment of interest on the premium. This period is called the Grace Period. (with the exception of some plans). 1. The grace period for policies where the premium … [Read more...] about Missed LIC Premium Payment, pay within 30 days, without any interest
Know your Comprehensive Car Insurance Policy!
What is Covered? 1. Loss or Damage to your car against Natural Calamities Fire, explosion, self-ignition or lightning, Earthquake (Fire and Shock) Damage, flood, typhoon, hurricane, storm, tempest, inundation, cyclone, hailstorm, frost, landslide, rockslide. 2. Loss or … [Read more...] about Know your Comprehensive Car Insurance Policy!
Looking for Health Insurance with Maternity Cover : Here are your options!
What is Health Insurance with Maternity Cover? Health insurance maternity is a health insurance plan that includes maternity coverage. Why Maternity Cover is important? If you are expecting a child or are planning on conceiving, it’s a good idea to make sure you have … [Read more...] about Looking for Health Insurance with Maternity Cover : Here are your options!
How to become Insurance Surveyor and Loss Assessor (SLA)?
Please read the revised article (as per IRDAI Surveyor Regulation 2015) - Here Who are Insurance Surveyors and Loss Assessor? Surveyors are professionals who assess the loss or damage and serve as a link between the insurer and the insured. As per Insurance Act all the claims … [Read more...] about How to become Insurance Surveyor and Loss Assessor (SLA)?
What is a Pre-existing Medical Condition?
Pre-existing Medical Condition (or “pre-existing condition”) means any medical condition or any related condition (e.g. illnesses, symptoms, treatments, pains and surgery) that have arisen at some point prior to the commencement of this coverage, irrespective of whether any … [Read more...] about What is a Pre-existing Medical Condition?
Mortgage Insurance or Term Insurance – Which one is best and cheapest?
Looking to buy a house and can't decide which insurance to go for a Mortgage Insurance or Term life insurance? Lets discuss both the above in details here - Mortgage Insurance or Loan Cover Term Insurance A Loan Cover Term Insurance or mortgage insurance is an insurance that … [Read more...] about Mortgage Insurance or Term Insurance – Which one is best and cheapest?
Annual or Single Trip Travel Insurance – Which one should I buy?
All travelers must have a travel insurance policy in place with sufficient cover, but most of the time we think that which policy we should buy - Annual or Single Trip Travel Insurance? Annual Multi Trip Travel Insurance If you are doing travelling more than two or three … [Read more...] about Annual or Single Trip Travel Insurance – Which one should I buy?
What is covered in ‘Third Party Liability’ car insurance?
Car insurance policies can be divided into two categories on the basis of insurance coverage – a. Third-party Liability Car Insurance b. Comprehensive Car Insurance Who is third party? As per insurance terminology, the first party is the insured person or the owner of the … [Read more...] about What is covered in ‘Third Party Liability’ car insurance?
Travel Insurance – If something goes wrong on holiday, what should you do?
Policy Coverage Always check your policy document so you know what’s covered and what’s not, and be sure to declare any pre-existing conditions beforehand in proposal form. Take photocopies of Important Documents Take photocopies of important documents, such as your … [Read more...] about Travel Insurance – If something goes wrong on holiday, what should you do?
How to buy car insurance online?
What is online insurance buying? As the name suggests, online insurance buying is buying insurance online . Online insurance buying is as easy as paying your utility bills online, booking a ticket through a travel portal or doing internet banking. If you can do the latter, the … [Read more...] about How to buy car insurance online?