GENERAL INSURANCE BLOG

Imagine you're out with your car for some work, and suddenly another over-speeding vehicle rams into your car from behind. A scary situation, isn't it? Worrying about the damages is not a concern if you have the right protection. Car insurance is the immediate step you should buy to ensure that you are compensated fairly and stay financially stress-free.

When you begin choosing insurance from the options available, you always look for competitive premiums which are affordable and fully effective. Although you can get substantially low car insurance policies, you will not be able to enjoy all the benefits and features.

Let's have a detailed look at why you should not opt for the least-priced car insurance.

1. Unavailability of essential benefits:
The least-priced car insurance often strips you of the major benefits. Not all expensive insurance policies need to offer you all the benefits, but the least-priced ones offer you none. For instance, it may not even cover accident costs if someone else is driving the car at the time of an accident. Some insurance companies very cleverly offer you a low premium to attract you to their insurance policies. You must properly inspect your policy before determining the one you want to buy.

2. Impacts policy coverage:
The cost of the car insurance policy is directly proportional to the level of coverage it provides. If your insurance is cheap, the coverage will be lower too. There might be third-party insurance involved, which requires the protection against damages to the third party. You can be accountable for major crises in terms of losses or damages.

3. Lack of cashless claims:
If your insurance policy is cheap, you may not be able to enjoy cashless claims. This means that you will not be able to avail the facility of getting your car repaired in a garage that falls under your insurance. Under other circumstances, you will not be required to pay any money from your pocket. But with cheap car insurance, you are forced to pay for the damages before you apply for a claim.

4. Unsatisfactory customer service:
It is a known fact that the reputed insurance agencies ask you for a premium which is justified. This means that you will receive top-notch and priority treatment as a customer. You will be given the best support and care by the customer service of your designated insurance company. They will pay attention to all your complaints and resolve them on priority. In the case of cheap insurance, you will face unsatisfactory responses to your queries. Always keep that in mind.

5. Greater deductibles:
A deductible is a partial amount paid by the policy owner during the settlement of an insurance claim. With this feature in your car insurance policy, you need to pay a small deductible for your claim. However, for the least-priced car insurance, you need to pay a larger amount as deductibles. Only after the payment, you'll get the claim amount. This is how they loop you in for trouble. Always ensure that you read your documents carefully and ask all the right questions.

These points are enough to evaluate decently priced car insurance instead of a cheap one. Always make sure you explore all your options and purchase the best car insurance, which would cater to all your needs in the best way possible. By saving a few bucks today, you risk losing a lot of money tomorrow. Hence, choose wisely while getting car insurance to protect your car against hefty damages in unfortunate situations.

Click HERE to learn more about the benefits of car insurance and the process of determining the best option for you.

Disclaimer: The information provided above is for illustrative purposes only. To get more details, please refer to policy wordings and prospectus before purchasing a policy.

The career prospects for IT professionals in the post-pandemic recovery provide immense opportunities in the fields such as eCommerce, Fintech, Artificial Intelligence, Augmented and Virtual Reality, and many others.

But with such a promising career option, IT professionals have high stress because of their work-related anxiety, strict timelines, night shift, and overwork load. It has become more about surviving as an employee and earning enough. And as a result, there are different impacts of such long work hours on their lifestyle. You begin to compromise on your health which is not a wise option. Being mindful of your health and preparing for the inevitable consequences would be best. Are you an IT professional? Let’s understand why it is essential for you to invest in a comprehensive health insurance plan.

1. Impact on your lifestyle:
We have seen multiple headlines about people getting heart problems, backaches, constant headaches, eye problems, and joint pain at a young age. While some of such cases can be due to underlying genetic conditions and other reasons, a significant chunk of youth is still at risk due to developed lifestyles. The stress levels you operate at, the pollution, the food you eat, work schedules, sleep cycles, undisciplined workout routines, excessive gadgets use, etc., are a few causes of your sedentary lifestyle.
Getting health insurance will allow you to cope with any repercussions you might face due to such a schedule. It helps you stay prepared and cover all costs of routine health check-ups. This way, you can stay informed about the fluctuations in your body and take appropriate and informed measures to solve the issue.

2. Fluctuations in the medical industry:
Inflation comes in all forms, and its effects do not spare any particular industry. The pandemic was an evident example of how the medical industry was on its toes and the primary source of survival. The advancement in technology has brought several developments in the medical world.
But this also ensures that the costs of treatments will rise depending on the level of equipment and machinery, accessibility, and the procedures involved. Even the basic expenses such as tests, consultation charges, ambulance costs, etc., will rise significantly. Getting health insurance will help you cover these costs for a more extended period to avoid the financial burden of being a salaried employee. This way, you can efficiently manage your finances and control your expenses simply by investing in a reliable health insurance plan.

3. Taking a step forward from the employee’s health cover:
Most companies offer insurance coverage for their employees and their immediate dependents, which assures that the employee has something to fall back on in case they find themselves in such medical emergencies.
But often, these insurance coverages are insufficient to cover terms of critical illnesses, the sum insured, add-on coverage options, or the time. In such cases, it is advised for you to purchase health insurance that has been customised according to your needs and provides coverage in every which way possible. This will always help you avail the benefits entirely at the right time.

Health insurance helps you safeguard your savings, and the earlier you get insurance, the more you can stay secure and ahead of such unfortunate situations. Explore all your options and purchase the best health insurance which caters to your needs in the best ways possible. Smart investments made during your 20s will help you reap the benefits at the need of the hour.

Always keep your policy up-to-date and adapt to practices like consuming a healthy diet, having at least seven hours of sleep, regular exercise for 10 mins, and meditating at home. At the workplace, take frequent breaks and stay hydrated to feel active and energetic throughout the day.

Click HERE to know more about the benefits of health insurance.

Disclaimer: The information provided above is for illustrative purposes only. To get more details, please refer to policy wordings and prospectus before purchasing a policy.

Diwali is a time for festivity and celebration. Everyone celebrates it differently; some will enjoy barfis and ladoos, some play cards, and others set off fireworks. While bursting firecrackers is often frowned upon due to the damage caused to the environment, it is still prevalent among a part of the population.

In addition to contributing to pollution, fireworks can be a nuisance to the general population. Imagine the days when you thought a rocket would invade your home.

When you feel frightened in your residence, how do you feel about your parked car in the building or on the road? In a space-constrained city, it is not uncommon for individuals to park their vehicles on the street. Therefore, disregarding the danger of stray crackers inflicting damage on your vehicle during Diwali is impossible.

If your car catches fire by the crackers, will you get insurance? To file a claim, you must first determine whether the risk is covered by your car insurer, as only policyholders with comprehensive car insurance may be eligible to do so. Let's examine the process your car insurance provider might take in this situation.

Does car insurance cover firecrackers damage?

The answer to whether or not comprehensive car insurance covers damage caused by fire is "yes." This feature is subject to a few specific criteria.

For instance, if you have standard car insurance coverage that covers liability toward third parties, it will not cover the damage. However, if you have paid more and opted for comprehensive insurance, the policy will cover incidents of such nature.

You may get all the information concerning the terms and conditions of the plan from your insurance provider. If you prefer, you may look through the insurer's website, call them, or email them to express your interest in learning more about their car insurance policies.

Comprehensive car insurance coverage:

To address this question, it is necessary to take a step back and examine the concept of automobile insurance in India. According to India's Motor Vehicles Act, all vehicles must be insured to be legally driven on Indian roads. Vehicle owners must insure their vehicles with a third-party plan, which covers the owner's obligation towards third parties or properties harmed due to the covered vehicle.

With comprehensive cover, vehicle owners have access to the additional feature. This plan meets the necessary coverage standards (it contains liability coverage) and provides damage coverage. The insurance provider will cover damage to the insured vehicle, which is not the case with a liability-only policy. Comprehensive car insurance covers fire, theft, and natural disasters.

However, for a comprehensive plan, you must pay a higher premium. The compensation for such a plan varies depending on the insurer.

Therefore, it is essential to conduct research and compare plans before purchasing car insurance. The luxury of the internet and smartphones have simplified this process considerably. A few minutes are required for research, followed by quick steps to buy and review the policy's information, and that's it. It is so simple and convenient!

If you have a comprehensive car insurance policy, then you are eligible to claim on your policy. Your claim will be successful if your car catches fire due to firecrackers and the vehicle is damaged beyond repair. It will reimburse you for the total value of the vehicle.

It is vital to note that you may not have a valid claim if your car catches fire, and you can repair it for less than what would be covered by the comprehensive policy. So, this Diwali season, let's invite happiness with the joy of festivity and reliable insurance coverage.

Click HERE to buy comprehensive car insurance to protect your valuable asset.

Disclaimer: The information provided above is for illustrative purposes only. To get more details, please refer to policy wordings and prospectus before purchasing a policy.

Getting energy from food may sound like a straightforward process. But during this process, you must ensure that your dental health stays at the top of its game. Healthy teeth are very crucial. Lack of a proper dental hygiene routine can lead to bad breath, gum bleeding, swollen gums, infection, yellow and brittle teeth, ingesting bacteria and germs, and much more.

What if your teeth are not growing in the regular order they should? There is nothing to worry about. This phenomenon of unorderly growth of the teeth or zigzag pattern of developing teeth is more common than you think. And braces are the best solution to this problem. It is a relatively expensive process. So, you need to be aware of this orthodontic process before you invest your money and go ahead with the rest of the procedure. Do you have doubts about whether or not you should go ahead and get braces? This blog is a complete guide on getting your dental braces done. So, let’s get started.

1. Understanding the purpose of braces:
Braces are one of the most convenient solutions when your teeth are out of their normal alignment. These braces are wrapped around the bone structure of your teeth and apply pressure on them. Eventually, the continuous pressure due to the braces changes the position of your teeth, bringing them into proper order.

2. Criteria for getting braces:
Do you need braces? Your orthodontist determines the answer to this question during your regular check-ups. They will answer all your queries and tell you if you require braces and what problems regarding your teeth the braces would sort out. They will perform a deep examination and inform you about your options, the type of braces that would fit your teeth conditions, and your budget. You can then have a clear conversation with them and determine the option which suits you the best.

3. Are there different types of braces:
To your surprise, yes! There are four significant braces: metal braces, ceramic braces, lingual braces, and Invisalign. Metal braces are the most basic and standard braces which fix your teeth with the help of dental cement. Ceramic braces are a little more convenient and pleasing to look at when compared to metal braces. These braces can be altered to the colour of your tooth enamel, making them less visible and helping you avoid being too conscious about them.
Lingual braces are hard to spot as they are attached to the backside of your teeth which also cause discomfort. But these help if you are too concerned about your appearance. And lastly, Invisalign is customised according to the size, shape, and structure of your teeth and jaw for the perfect fitting. These can help you escape the usual hassle of other types of braces during eating.

4. Frequency of check-ups:
While the whole process can take an hour or two but can differ depending upon the condition of your teeth. You will have to visit your orthodontist frequently to ensure that the braces are functioning correctly, adjusting well on your teeth, not causing any infections due to the material, etc.

Sorting a minor health issue can take considerable money and consume much of your time. But what happens when you land in situations beyond your control and can potentially hurt your health? How will you manage your physical health, mental health, and financial stress?

Getting health insurance is the solution to ensuring that you stay sane enough to manage the whole situation. And you can now do so from the comfort of your home and buy health insurance online. Look for dental insurance under the category and research the plan that will provide the best benefits.

Click HERE to buy health insurance online.

Disclaimer: The information provided above is for illustrative purposes only. To get more details, please refer to policy wordings and prospectus before purchasing a policy.