From premiums to claims procedure: Interpreting key phrases in insurance coverage insurance policies

[ad_1] You may well be making plans to spend money on insurance coverage, however studying the phrases and stipulations diligently can also be an amazing revel in. Sooner than making an investment in an insurance plans, it’s paramount to grasp the elemental terminology. Sooner than you spend money on an insurance plans, you might want … Read more

Motor insurance: A new add-on cover for private car owners. Know features

[ad_1] Bajaj Allianz General Insurance has launched a new motor insurance offering called V-Pay. The add-on cover is only for private car owners, not for commercial vehicles. Under this add-on, the insuree can report multiple minor paint chips and/or scratches anytime during the policy period. Mechanical and electrical breakdowns that are not a result of … Read more

MoRTH issues draft rules on premium for mandatory third-party motor cover for FY24

[ad_1] New Delhi: The Ministry of Road Transport and Highways (MoRTH) has issued a new draft notification on the premium for mandatory third-party motor cover for the current financial year (FY24). In the draft notification, MoRTH has proposed not revising the annual motor third party (TP) premium and also suggested reducing premium for a couple … Read more