We all love our cars and give due care to their safety & maintenance. We all consider buying motor insurance as part of our car care plan. In India, buying a third party motor insurance is compulsory, without which driving on the roads will be considered as illegal. Motor insurance in India has two broad […]
We obviously want to stay happily and healthily for a long, long time. However, there is always an uncertainty in terms of death, disability or disease. Life Insurance has been the most preferred tool to counter any such uncertainty. A Term Plan offers a good protection plan at affordable price. The sum Insured is payable […]
Claim Settlement Ratio is widely used for comparing companies when buying Term Insurance. This data is published by IRDAI on a yearly basis. In this article, we’ve compared how each company stands on this measure for death claims settled in the year 2015-2016. Don’t forget to read some of the important disclaimers associated with using this measure as an evaluation tool – it will give you a clear perspective before you make the decision on the term insurance plan of your choice.
A claim under a motor insurance policy can be classified as: Own damage claim: If there is damage to your car, the claim is called as an own damage claim. Third party claim: If there is an injury or worse to someone else or damage to someone else’s car, it is called as a third […]
A Life Insurance Policy is essentially a contract between an insurance holder and an insurance company wherein the parties agree to certain conditions which provide the policyholder a lump-sum amount of money in case of his/her death. Sometimes, these policies might not prove to be useful or claimable by the holder in need due to […]
This is the second part of a 2 part article. To read Part One, click here In this article, the focus is on two other important health insurance plans of Cigna TTK, designed carefully to address right coverage of the insured. Like the other plans of Cigna TTK, elaborated in Part One, these plans also […]