The frequency at which disasters like floods have struck is alarming. Reassessing life insurance coverage, of course, is the top-most priority.
To help you navigate swiftly through the buying process, here are some important terms related to motor insurance that you must know.
If you feel the pinch of high premium rates here are a few ways to reduce your motor insurance premium
Riders allow a degree of flexibility to top up or reduce the cover by judiciously choosing the sum assured, the entry point and the policy terms.
Here are a few things you should keep in mind before choosing a rider or a standalone policy.
Riders are meant to elevate the level of protection coverage for the policyholder, thus making the term insurance plan more comprehensive in nature.
As per the Motor Vehicles Act, any car on public roads has to be mandatorily covered by at least a third-party cover
According to the new rules, driving without a valid insurance may attract a fine of Rs 2,000 or imprisonment for 3 months or both