The primary reason behind an annual increase in the car insurance premium is the rise in third party insurance premium rates by the IRDAI.
One must be admitted to a hospital ward for more than 24 hours for treatment or surgery due to an illness or accident to activate mediclaim policy
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As women, one may not be really comfortable sharing hospital rooms. Thus your room rent should aim to cover for private wards as well.
Bike insurance: If you have a two wheeler, it is mandatory to you have a third-party insurance cover
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Waiver of premium option ensures continuity of the insurance plan even in the case of the parent's demise
While the idea of sachet insurance is commendable, it seems it is yet to make an impact where it is most needed.
The reason for the downward trend can be attributed to the contraction in business activity seen by the Life Insurance Corporation of India (LIC).
The first rule for buying car insurance is to never go overboard with it. Your vehicle should neither be over-insured nor under-insured