Meaning of What is Life Insurance Premium? A life insurance premium is the fixed amount of money that a policyholder pays to the insurance company in exchange for coverage. It can be paid monthly, quarterly, or annually, and ensures financial protection for the insured’s family in case of an unfortunate event. In fact there is […]
No-Claim Bonus (NCB) in car insurance is a valuable reward offered by motor insurance companies to policyholders who do not make any claims during the policy term. It serves as an incentive for safe driving and provides an opportunity to maximize savings on your motor insurance premiums. Understanding how NCB works and how to make […]
Insured Declared Value (IDV) is a crucial concept in car insurance that plays a significant role in determining the coverage and premium of your policy. IDV represents the maximum sum assured by the insurance company in case of a total loss or theft of your vehicle. Let’s delve deeper into IDV to understand its importance […]
When it comes to motor insurance, having a basic policy is essential to meet legal requirements and protect your vehicle from unforeseen events. However, standard coverage may not always be sufficient to address specific risks or offer complete protection. That’s where motor insurance add-ons come in. These add-ons provide additional coverage options that enhance your […]
How to Check Your Bike Insurance Status Online: A Step-By-Step Guide
Mini Balakrishnan
How to Check Your LIC Policy Status Online- A Complete Guide
Mini Balakrishnan
LIC Merchant Portal: Features, Login Process, and How It Works
Mini Balakrishnan
Life Insurance Riders: Maximize Your Coverage
Mini Balakrishnan
The unexpected always seems to happen in life. Although we care greatly about protecting ourselves and our loved ones with comprehensive insurance policies, this is not enough. There’s always more you need to do to ensure the safety of your most prized possessions. This is where a rider on your life insurance policy comes in. […]
10 Factors to Consider Before Purchasing Business Insurance
Mini Balakrishnan
Buying insurance is a significant investment, and you’ll want to invest wisely. How do you find the business insurance best suited to your company’s operations? Whether you’re a first-time entrepreneur just getting your firm off the ground or an established company looking to update your coverage, we’re here to make getting business insurance in India […]