The nominee can notify the claim to the insurance company by submitting the mandatory documents
The Insurance Regulatory and Development Authority's move is expected to give more flexibility to insurance companies
Further, premium rates for exporters having outstanding limit of over Rs 80 crore will be streamlined with a view to help them
Never pay in cash and call up insurer to check the genuineness of policy once you get a copy
It's never easy, but you can make it less difficult with early financial planning
In case of new contracts, it may be ensured that the correct mobile phone number is captured
Freedom from hassle of renewing your policy every year is another big positive that make people opt for long term two-wheeler insurance cover
Change in premium after modification will be limited to +/- 5% of the existing rates
The change in premium after modification will be limited to +/- 5 per cent of the existing rates
If Irdai approves proposed revision in 3rd-party premium, insurance on cars could rise by 15-20%
To protect their bottom lines, non-life insurers may up premiums in certain segments by 10-15%