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What Is Insurance all about?
Insurance is an ancient concept. The first form of insurance emerged to limit the loss of goods during inland transit by the Chinese and Babylonian traders. The concept evolved over time to become the modern business of providing protection against various risks. Now, the insurance industry is well established and still evolving with time and…
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Difference Between Comprehensive & Third-Party Insurance
Traffic rules and regulations are laid down in the Motor Vehicles Act, 1988. The Act specifies the rules for driving on Indian roads for all types of vehicles. One such rule specified by the Act is the requirement of a valid insurance policy on the vehicle. The Act states that if a vehicle is to…
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All you need to know about motor insurance premium calculator
Motor insurance policies are mandatory in India. If you own a car or a bike, you have to buy a valid motor insurance cover on the vehicle so that you can drive your car or bike without facing legal consequences. Since the policy is mandatory, you have to invest in a motor insurance plan for…
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10 Best Car Insurance Companies in India (Complete list)
Cars are no longer considered to be a luxury. Thanks to the lower priced car models available in the market, almost everyone can afford a car in today’s times. The need of comfortable commute has become important and so more and more individuals are investing in a car for themselves and their families. As the…
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9 Cheapest Car Insurance in India – Compare, Buy or Renew Plans
What’s Inside Types of Car insurance 09 best and cheapest car insurance plans 1 HDFC Ergo Car Insurance Plans 2 TATA AIG Private Car Package Policy 3 ICICI Lombard Car Insurance Plan 4 Royal Sundaram Car Shield Plan 5 New India Private Car Policy 6 Reliance Car Insurance Policy 7 Bajaj Car Insurance 8 IFFCO…
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Cargo Insurance Policy: Meaning, Types, Coverage
With globalization making the world small, businesses have crossed the geographical boundaries. Nowadays, businesses are not localized in nature. Manufacturers are selling their goods in other countries and exploring new markets for their products. That is why the transportation of goods from one place to another has become a common practice for almost all businesses.…
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Tractor Insurance: Complete Guide on Coverage, Add-Ons & More!
India is an agriculture-oriented country where more than 70% of its land is under agriculture. Agriculture, therefore, is the primary source of livelihood for most of the population of India. Tractors are an important component of the agriculture process as they help farmers in the cultivation and harvesting process. That is why tractors are very…
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Insurance claims Process
Insurance policies promise compensation for the financial loss that you suffer in case of emergencies which are covered under the policy. You buy an insurance policy for this promise and so when the covered contingency occurs, you expect the insurer to fulfil its promise and settle your claims. What is an insurance claim? Claim in…
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Motor Insurance In India
Motor Insurance – Overview Today, having your own vehicle and commuting using your own vehicle has become a necessity rather than a luxury. Short distance commute can be done easily by motorbikes and other two-wheelers whereas long-distance commute needs a four-wheeler. Travelling by a two-wheeler is advantageous in case of heavy traffic and it is…
