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Don't forget a personal accident cover
Individuals should have a standalone policy, over and above any rider taken on life insurance. When we take the newspaper in the morning, we see at least two pieces on road accidents, everyday. Apart from the mental trauma, such incidents can lead to terrible financial trauma. Therefore, one should be prepared to compensate such losses, if they arise as medical and hospital costs are very high. And
Individuals should have a standalone policy, over and above any rider taken on life insurance. When we take the newspaper in the morning, we see at least two pieces on road accidents, everyday. Apart from the mental trauma, such incidents can lead to terrible financial trauma. Therefore, one should be prepared to compensate such losses, if they arise as medical and hospital costs are very high. And
General Insurance: Gaurav Garg
I want to cancel my motor insurance policy and buy one from another insurer. Is this allowed? Also, will I get a refund during the policy period?
Yes, cancellation with one
Buying riders: You can be taken for a ride
A comprehensive personal accident policy is better than adding a rider to your current plan.
A comprehensive personal accident policy is better than adding a rider to your current plan.
Insurers include funeral in personal accident policies
Insurance companies now offer to cover funeral expenses under health and personal accident policy.
Insurance companies now offer to cover funeral expenses under health and personal accident policy.
General insurance: Ajay Bimbhet
I met with an accident a year ago. My car, which was valued at Rs 2.12 lakh, was repaired for Rs 3.5 lakh, qualifying as a total loss. I had an outstanding loan of Rs 1.8 lakh, which the
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