Immediate action after the accident First of all, please take care of your health and consult doctor for precaution and treatment (if required). Notify Police authorities in case of Road Traffic accident. Notify the claim at the insurance company’s call centre as soon as … [Read more...] about How to claim under personal accident insurance?
Miscellaneous
Why to buy accident insurance?
Why to buy accident insurance? Personal Accident Insurance Policy gives complete financial protection against all accidental occurrences that might lead to death or bodily injury of the insured person. If the accident leads to the untimely death of the Insured, this Policy will … [Read more...] about Why to buy accident insurance?
New Pension System (NPS), now available on ICICIdirect.com
Retirement planning is indeed the most critical part of financial planning, and for those who are not already covered by another pension scheme New Pension System (NPS) is a great option. What is New Pension System (NPS)? The NPS is a new voluntary contributory pension … [Read more...] about New Pension System (NPS), now available on ICICIdirect.com
Be aware – Please check ID Cards before giving any info to any person
Some instances have been observed by Insurance Regulatory and Development Authority (IRDA) that general public are receiving calls from individuals who claim to be representatives of IRDA and offering insurance policies of different insurance companies with various benefits (such … [Read more...] about Be aware – Please check ID Cards before giving any info to any person
How safe is your insurance company
Whenever we buy anything from private insurance companies, we think twice! Our main concern is that the company, we are going to invest will be there after 5-10 years down the line and also will it be able to pay the insurance proceed at the time of claim. The above concern is … [Read more...] about How safe is your insurance company
Ten of the best … Insurance Aggregator in India
Internet customers can go online and take advantage of insurance aggregator websites designed to cut premium costs. we are putting ten such websites, which might be already bookmarked by many internet users, there are a host of others which are worth adding to your favourites. … [Read more...] about Ten of the best … Insurance Aggregator in India
IRDA issues new ULIP guidelines, raises lock in period to 5 years
IRDA tightened the norms for ULIP schemes by raising the lock-in period and raising the insurance cover on them. IRDA also bought in new guidelines like sale of insurance policies by unlicensed personnel and several other malpractices. Lock in period increased to five years - … [Read more...] about IRDA issues new ULIP guidelines, raises lock in period to 5 years