Searched for
TYPES OF COMPULSORY INSURANCE
Compulsory insurance explained: The hidden rules, types, and truth you must know nowCompulsory insurance is a legal rule that forces people or businesses to buy certain insurance. It mainly covers car, motorcycle, workers’ ...- Explained: Cost of living in New Zealand and how to plan your expensesNew Zealand has revealed the cost of living for newcomers. Key expenses include housing, which varies by city and type. Food costs depend o...
- RBI’s crackdown on mis-selling: What customers need to knowTighter regulations on banks’ advertising, sales and marketing practices aim to curb the mis-selling of financial products such as insuranc...
- Over 50% of vehicles lack third-party insurance; is yours among them? Know legal consequences, cost of coverage, and savingsDriving without third-party motor insurance in India carries severe penalties. This mandatory cover protects accident victims financially. ...
- What is the difference between deductible, co-payment in a health insurance policyIf you are confused by personal finance terms, jargon and calculations, here’s a new series to simplify and deconstruct these for you. In t...
- Travel Insurance: What you need to know before you plan your next international tripTravel insurance provides coverage for travel risks, including medical support, flight cancellations, and emergency evacuation. It is not a...
- Pay just Rs 800 more to upgrade car insurance personal accident cover to all-round 24X7 personal accident policyIt is mandatory to buy a personal accident cover of Rs 15 lakh under car insurance, if you are the owner-driver of a car. It usually costs ...
- Existing rules on mandatory insurance cover, helmets on 2-wheelers applicable to electric vehicles: HCThe Delhi High Court has stated that existing regulations regarding mandatory insurance, wearing headgear, and penalties for non-compliance...
- How new vehicle owners can buy, renew 1-year own damage cover with long term third-party insuranceWith the new guidelines issued by IRDAI, one will now get the flexibility to buy these two insurance covers separately, either from the sam...
- IRDAI proposals gives clarity on renewing own damage motor insurance policyAccording to the latest draft proposal issued by the insurance regulator on Monday, standalone OD cover may be allowed where long-term liab...
- Government plans to tweak PMFBY; to make crop insurance voluntary to all farmersThe ministry has also proposed a two-step process of assessing crop yields required for calculating the extent of crop damage.
- The bill that is about to change your driving habits foreverIt was being opposed by opposition parties for curtailing the powers of states and favouring corporates.
- Motor insurance: Should you opt for lower IDV, voluntary deductible to reduce premium payable?Insured Declared Value means the maximum value for which your car is insured in case of total loss/theft in a particular year.
- New motor rules hike insurance cost of a new car substantiallyIrdai has increased the compulsory personal accident cover for owner driver under motor insurance policies from Rs 2 lakh to Rs 15 lakh.
- Motor Vehicles Amendment Bill 2016: Driving sans licence to cost 900% more; Aadhaar must to get itThe Motor Vehicles Amendment Bill 2016 has raised fines significantly to make roads safer. It makes Aadhaar mandatory for driving licence a...
- How you can reduce the premium on your car insuranceFind out the simple measures, such as installing safety devices in your vehicle and avoiding small claims, that can help you lower the prem...
- Only 33% of vehicles were insured in FY10: Insurance Information BureauOnly a third of the vehicles in India were insured in 2009-10, according to an information bureau, set up by the regulator.
- Tech to speed up agri insurance claim settlementThe 10-year-old National Agriculture Insurance Scheme (NAIS) is one of the largest insurance plans for farmers in the world.
- ICAI favours 3-year rotation of auditorsThe self regulatory body for auditors, Institute of Chartered Accountants of India (ICAI) is pushing for compulsory rotation of auditors by...
- We'll be the reinsurer of choice in India, abroadGIC Re is moving away from captive business to becoming a market-led player with a focus on life reinsurance, energy cover and liability re...
Load More
