Category: Insurance
The Synergy Between Insurance Companies and Debt Collection Agencies: A Mutual Benefit
Within the complex domain of financial services and risk management, the operations of insurance companies and debt collection agencies often cross paths. This intersection paves the way for a unique partnership, generating substantial advantages for both entities. This comprehensive exploration deciphers the nuances of this collaboration, focusing on the reciprocal benefits it bestows upon insurance…
How To Claim Tax Benefits On Medical Insurance Premiums?
Health insurance is essential to 20- and 30-year-olds, yet many still need to learn about it. They think health insurance is for the elderly and extra. But even 20-year-olds have cholesterol and diabetes. Thus, early health insurance purchase is crucial. Section 80D of the Income Tax Act allows income tax deductions for medical insurance premiums…
What Happens If Someone Else Is Driving My Car And Gets Into An Accident?
You spend a sizable portion of your savings on a car. The decision to buy a car requires considerable thought and research. You buy it when you find a car that is both within your price range and meets your needs. In addition, you must get third-party liability insurance for car, which is required by…
What should you search for in a business insurance agency?
When selecting the correct business insurance organization, you would keep an eye out for the superiority of service plus coverage you would receive. A business insurance provider like insurance chester would uphold the principles of the persons and trades they defend, have experience in this precisezone of insurance, also be eager (and able) to do…
Here’s why you should always check your insurer’s claim settlement ratio before getting a health insurance
The health insurance claim settlement ratio is a parameter that is used to measure the trustworthiness of the insurance company to settle the claim without any inconvenience. This ratio is regulated by the Insurance Regulatory and Development Authority of India (IRDAI). By paying a premium for health insurance, we get financially covered for future medical…
What Are the Major Inclusions and Exclusions in Car Insurance Policies?
Have you been thinking of purchasing a car insurance policy lately? If so, you need to check for the situations and consequences on which you can raise a claim, and on which, you may not be able to raise a claim. Basically, you should have an idea about inclusions and exclusions in a car insurance…
In case of accident get the other vehicle’s registration number
For various reasons in a case of an accident the other driver may not be fully insured — for example, it’s possible a son or daughter who is not a named driver may be driving the family car without permission. But the vehicle will be insured. Almost all insurance policies are “all driver” policies. This…
Why buy life insurance after the age of 70 years
When you want to buy a life insurance policy, whatever your age is it doesn’t matter. The only thing is that the later you buy it, the price of it will go a bit higher the later you buy it. But that doesn’t mean that you cannot buy life insurance at your 70s and even…
Why Family Protection Plan Is the Best Investment in the Health Insurance Space?
As a family man and breadwinner, you are obviously concerned about the financial protection of your loved ones when you are no longer around to support them especially in having a healthy lifestyle. This is where the family floater plan comes in handy. Arguably the best option for many in the health insurance space, this…
