Extensions are offered by Insurers in travel policies
India is extremely under-penetrated in general insurance so growth potential could be high
From blockchain to telematics, insurers are using technology to file claims, earn rewards
You can avail tax deduction for premium paid for self, spouse, dependent children, dependent parents
National Insurance and Oriental Insurance have solvency ratios below the required 1.5%
K G Krishnamoorthy Rao, MD and CEO, Future Generali India Insurance, answers your questions
Rakesh Jain, chief executive officer, Reliance General Insurance, answers your questionsI have not made a claim on my motor insurance in the past five years. If I buy a new car, can I use the no-claims bonus that has accumulated in my policy? Yes you can, as the no-claims bonus follows the fortune of the insured and not the vehicle. The new vehicle can be substituted on the policy to avail the benefit, provided the class of vehicle is the same.Is there any mandatory insurance for shop owners? It is not mandatory for shop owners to take insurance. However, owners who handle specified hazardous materials (as defined by law) have to take public liability insurance policy. Nevertheless it's advisable to take shopkeeper insurance which under its multiple sections provides coverage for damage to shop and its contents caused by fire , theft, etc.If I purchase a family health insurance policy in the city where I work, will it cover my wife and kids who are in another city? Yes, if your wife an
Motor, health allowed higher expenses than other categories; heavy penalties if limits are exceeded
Rakesh Jain, chief executive officer, Reliance General Insurance, answers your questions
Rakesh Jain, CEO, Reliance General Insurance, answers your questions