Life can take an unexpected turn at any moment and sometimes there is little we can do when faced with an emergency. But we can certainly take measures to cushion the impact of any unfortunate incident on our loved ones. With the sudden stoppage in r

When an insured car is transferred to another person, the new owner can’t drive the vehicle on the road with the same insurance policy with the seller’s or transferor’s name still written as the owner of the car even after the transfer. So, the

With the advent of technology, dependency on insurance intermediaries has been reduced and policyholders may now renew their car insurance online directly through the website of the insurance companies. With the reduction in the length of the distrib

The aim of taking any insurance coverage is to reduce uncertainty by transferring the risk of incurring a monetary loss due to the occurrence of an insurable event to a financially stronger entity – called an insurance company. So, by paying a pre-

Any car insurance or motor insurance has two parts. The first part is called Own Damage (OD) and it’s an optional part. The second part is called Third Party (TP) insurance and this part is compulsory. Own Damage (OD): The Own Damage (OD) part c