What Does Commercial Vehicle Insurance Policy Cover?

Commercial Vehicle Insurance Policy Cover

If truth be told, commercial vehicles have undoubtedly more value and importance in our lives than private cars when it is judged from the diverse point of view. Commercial vehicles serve as the means of transportation as well as the mode of transportation for passengers on a fare-paying base. The commercial vehicles surely carry out an enormous amount of difficult job on a day to day basis.

Doesn’t matter if it’s a touring car in charge of transferring passenger from one place to another place all day or a truck responsible for carrying and delivering goods from one spot to another, all kinds of commercial vehicles in India hold a considerable status in terms of creating a transportation process that is smoother and faster.

Constant functioning and usage of these commercial vehicles on a regular basis forces them to face certain risks such as accidents and natural calamities. These risks certainly impact in severe damage to your vehicle, which leads to a number of costly repairing charges of the vehicle.

Paying for such hefty losses and damages may hinder your financial planning and may leave you trapped in an intricate situation. In order to steer clear out of such circumstances and to safeguard your finances, it’s highly suggested cover it with the best comprehensive commercial vehicle insurance policy.

Commercial auto insurance policy comes with broad protection that can be significant to many people including snow plow operators, truck drivers, tow truck drivers, business owners, couriers, and even pizza delivery guys.

When it comes to the coverage of commercial vehicle insurance policy, there are many. Many of the coverage of the commercial vehicle is similar to the personal vehicle insurance. The coverage under commercial auto insurance follows:

• Bodily injury and liability of the third party.
• Property damage.
• Comprehensive coverage.
• Collision coverage.
• Medical payments.
• Offers Personal injury protection (PIP).
• Covers uninsured/underinsured motorist.

As a commercial vehicle owner or driver, you may be required to bear some or all of these coverage options. Still, if you are not doing so, it's however prudent to consider having them all. A comprehensive commercial auto insurance policy can save you from a financial disaster, in spite of the fact whether you are an independent contractor person or the CEO of a multi-million dollar company.

Take advantage out of the best commercial vehicle insurance policy online and avail the highest protection and security when you choose to buy or renew it from GIBL.IN, India’s fastest growing insurance marketplace.

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A Number of Things to Keep in Mind While Buying Health Insurance in India

Few Things to Keep in Mind While Buying Health Insurance in India

Given that there are a plethora of firms selling health insurance policies in India, choosing the right health insurance policy can turn out to be a hard job. Apart from a range of mediclaim policies to pick from, daunting jargons which otherwise are called as policy wordings stimulate the confusion.

Since buying health insurance is a confusing task, following a number of methods can lead you to buy the best health cover. Find out below some of the things that you should keep in mind while buying health insurance in India.

Family Health Insurance

When you purchase any health insurance policy, don’t forget to keep your family members and their respective age in mind. Consider their present ailments (if any) as well as the family’s medical history before buying the health insurance plan. Furthermore, find out among family members if they have any pre-existing diseases before buying a policy.

Waiting Period

Almost all the health insurance providers impose a waiting period for pre-existing diseases. This waiting period can range from two years to five years and differs from one insurance provider to another. You must keep that number in mind while buying a health insurance plan online in India. The best way to escape from this waiting period trap is to buy a health insurance plan in your youth since in such cases there is technically a less chance of you filing a claim and in this way, you can clear the waiting period with ease with time.

Claim Process

The easier the claims procedure and the quicker the settlement of the claims, the better it is for the health insurance policyholder. So, these two are key factors must be kept in mind in terms of choosing a health insurance policy. Good customer support from the insurer is an additional advantage that one should look for.

Choosing the right insurance amount

At the time of choosing a health insurance policy, one must go for the amount intelligently since it covers the medical expenses for a year. Consider your age; the younger you are, lower the Sum Insured amount you require. You should also take a look at your income levels to analyze the affordable premium. An additional essential aspect is the add-on covers since they impact premium amounts. You must make sure that you chose a Sum Insured that won’t fall short in the event of a health emergency.

Network hospitals

You should always check cashless network of hospitals available with the insurance company you are buying a policy from. In case of a medical emergency or hospitalization, network hospitals offer a cashless option. The insurance provider settles the medical bills directly with the hospital. You should always opt for the insurance providers that have a high number of network hospitals.

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Why should you buy Comprehensive Car Insurance Policy?

Comprehensive Car Insurance Policy

If you have a car, you ought to have a car insurance plan as car insurance is mandatory in India. To cater to the increasing number of cars in India, scores of car insurance providers in India have come into being. Along with age-old public sector car insurance companies, many private general insurance companies also offer car insurance plans with unique features. With the advent of the internet, online car insurance policies are also easily available. Car insurance online plans are highly sought-after as these policies are issued instantly upon making the payment online. You can pay through net banking or through your debit and credit card and get your online car insurance plan instantly. You can follow the same easy process to renew car insurance online as well. You can even buy car insurance online from your Smartphone on the go and from anywhere and at any time of the day. Owing to all these facilities, online car insurance plans are all the rage now in India.

When it comes to coverage of car insurance plans, liability coverage is mandatory as per the Motor Vehicles Act. A liability-only plan safeguards policyholders’ liabilities to third parties if their insured car is involved in any mishap that leads to third party property damage or casualty. Car insurance plans with liability coverage payout unlimited financial compensation in case of third party death and physical accidental injuries. However, liability plans don’t cover damages to the insured car.

If you want to cover your own car, you have to avail a car insurance plan with comprehensive coverage. A comprehensive car insurance plan covers financial losses of policyholders due to theft and damages to an insured vehicle due to a plethora of natural and man-made perils. Car insurance comprehensive plan also provide owner-driver of the insured vehicle with personal accident coverage.

The personal accident coverage of car insurance plan can be extended to pillion riders of the insured vehicle by paying an additional premium. The accessories of the car can also be covered by paying an extra premium. Lately, car insurance companies have come up with a range of add-on covers that you can avail to enhance the regular comprehensive coverage of car insurance plans. You can avail add-on covers like Depreciation cover, Return to Invoice cover and Engine Protector Cover to strengthen the coverage of your existing car insurance policy and also to ensure that you can make successful claims and get a full return of the amount you invested. You avail those add-on covers with comprehensive car insurance coverage.

So in all aspects, it can be said that comprehensive car insurance coverage is worth in all-encompassing ways as it provides complete protection towards your car.

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A Brief Overview about Health Insurance Cashless Hospitalization Policy

Health Insurance Cashless Hospitalization Policy

Have you ever come across such a situation where you need money at mid-night due to the hospitalization of some of your family members? If so, then you may definitely know how difficult to handle such circumstances. That is why health insurance providers offer cashless hospitalization facility with their health insurance plans. Cashless hospitalization facility of Health insurance is designed to avoid those emergency cash crunch situation. As per this policy, you do not need to pay a single penny from your pocket, your insurance company will settle everything directly. Here, in this article, we will discuss in details about cashless hospitalization.

How Cashless Hospitalization Works?

Health insurance companies tie up with different hospitals after evaluating their quality and services. These hospitals are called network hospitals and when you get admitted to those hospitals, you do not have to settle the bill, your concerned insurer will settle all the bills with a hospital. You have to follow the below-mentioned methods to complete cashless hospitalization process.

Planned Hospitalization

If your hospitalization is planned and you are unable to determine the network hospitals list then you should check your policy document or call the toll-free number to know the network hospitals. In such case, below mentioned steps you should follow,

·         Get the pre-authorization form from the hospital insurance desk or download through the TPA website. The form should be appropriately filled by the patient and the doctor.

·         Then you should submit the form to the insurance desk where it is carefully reviewed for its authenticity check.

·         It then submits to the TPA or Third Party Administrator and the TPA then approves the same.

·         Finally an approval is sent giving the sanctioned amount details.

Emergency Hospitalization

In case of emergency hospitalization, you should follow the below-mentioned steps:

• ·   You have to show your health insurance card that holds the policy number and the type of coverage you have.
• ·  Then fill the authorization form available at the insurance desk to accelerate the process.
• ·   If you are unable to wait for the sanction from the TPA, you can settle the hospital bill and later file a reimbursement claim.

Advantages of Cashless Hospitalization

• ·  Policyholders do not have to worry about the monetary assistance in case of a hospitalization.
• ·   You are surely getting the best medical treatment while you know you are sufficiently covered.
• ·  Under cashless hospitalization, you will get the coverage for ambulance charges, toiletries, service charges etc.  

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Why Car Insurance Policy Is a Must?

Car Insurance Policy Is a Must

There are plenty of reasons as to why you must think about car insurance a necessity in India. Although third-party car insurance is mandatory in India, there is, however, more significance to it than it may appear. Conversely, driving with no car insurance policy may result in you to pay fine. Car insurance provides you with monetary support in the events where you may have to undergo damage to your vehicle. Car insurance also provides coverage for the injuries to the other drivers, pedestrians or passengers, and properties. An accident doesn’t occur with a prior notice; therefore it is wise to have vehicle insurance.

• Car Insurance Pays for Damages: The worldwide reality is that no one really knows how one’s car may be damaged. Car insurance is vital since you could have to suffer damage to your vehicle because of someone else’s fault. However, if you have a car insurance plan, you no longer have to worry about all these things anymore. When you have a motor insurance policy, the car insurance companies will be legally responsible to pay for the damages in exchange of yearly premium.
• Car insurance Costs Less When Purchased Online: Buying car insurance online has its plus side. Car insurance online gives you the benefit to renew your car insurance plan in minutes and you can also buy the same without any paperwork at a comparatively lower price.
• Motor Insurance Reduces Your Liability: Car insurance covers your legal responsibility in case of third party injury, death and property damages involving your vehicle. Vehicle insurance thus keeps you on the safe side from any legal prosecution. All these will become the responsibility of the car insurance provider when you have motor insurance.
• Car Insurance Pays For Your Hospitalization: Not every car owner is fortunate enough to escape an accident with minor cuts. This is where having a car insurance plan plays its one of the most vital roles. Motor insurance policy also pays for your hospitalization expenses.
• Add-ons Covers: The job doesn’t finish right following the purchase of car insurance plans from any motor insurance company. On the positive facet, you can still improve your coverage by choosing add-on covers against the risks that are not covered in your existing car insurance plan. Some of the best add-on covers include no claim bonus protection, engine, and electronic circuit cover, zero/NIL deprecation cover etc. and much more among others.

Life’s a wild dream and it's even wildered when you don’t have car insurance! We accidentally can suffer various unintended damages. For this reason, all these above-mentioned points make car insurance a must. It is sensible to you compare various car Insurance policies on offer from different insurers before buying one.

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Benefits of Health Insurance Policy in India

Benefits of Health Insurance Policy

Due to the increasing medical costs, health insurance has become a necessity for every individual. Comprehensive health insurance policies provide complete protection and work as the much-needed back up during any unforeseen medical exigencies that demand instant and quality treatments. Most of the health insurance policies in India come with an ample range of benefits to keep the policyholders financially safe and secured. Here in this write-up, we will discuss the benefits of health insurance. You can have a look below to know about the benefits of health insurance policies. 

Financial Back up

An effective health insurance policy helps for a stable financial planning. Since a comprehensive health insurance policy covers medical expenses during both emergency and planned hospitalization; it helps to plan your finance better. You can also plan your investments in advance as medical insurance plans come with a wide range of premiums.

Health Insurance Policy can be customized

If you own a health insurance plan you have to pay a premium during renewal in order to enjoy continuous protection and benefits. However, many times, you may end up paying more than you need to. Hence, you should buy your health insurance plan that can be customized and pay premium accordingly. Best health insurance plans in India come up with a customization feature, thus you do not have to pay more than you should.

Recovery Benefits

Your medical expenses are not limited to the cost of hospitalization, you have to spend on treatment and care before getting hospitalized and after being released from the hospital as well. Most of the health insurance plans in India cover medical expenses before and after hospitalization - the coverage is available for 30 days before hospitalization and 60 days after hospitalization. However, some health insurance providers offer this coverage 60 and 90 days respectively.

Cashless Treatments

All medical insurance companies in India have its own network hospitals that offer cashless treatment facility towards their respective policyholders. These hospitals are located across India so that policyholders from all the cities can avail the required quality treatment in their vicinity in case of an emergency or also for planned hospitalization. Best health insurance companies boast over thousands of hospitals in their panels to offer cashless treatments.

Protection for Lifetime

Best health insurance policies come with a lifetime renewal option which is highly beneficial for you. You can stay secured throughout your life by paying a premium on your health insurance policy. Health hazards are frequenting and trigger higher costs during advanced age and a health insurance with lifelong renewability protects all health-related costs and provide elderly people with much-needed peace of mind. 

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Things to Keep in Mind before Buying Health Insurance Online in India

Things to Keep in Mind before Buying Health Insurance Online

Health is the most important treasure in our life. Since health is the real wealth we must make sure that this genuine wealth of ours is totally protected against any danger that could come out of the blue. This is the reason why health insurance is mandatory for all. Since we can’t really predict any unforeseen circumstance or situation, it should be your prime duty to keep the health of yours and your family or loved ones totally safe and secured.

Expenses related to medical and hospitalization costs have soared high over the last few decades. Arranging fund for the treatment at any given time could become a huge problem. Plus you don’t really have any guarantee whether your savings would be enough for the treatment costs. You might have to say goodbye to your lifelong savings. So buying health insurance is the only way to battle with these factors. But there are a number of things that you must keep in mind before buying health insurance online to ensure the highest coverage and instant hassle-free claim settlement.

Compare Health Insurance

Nowadays there’s no lack of health insurance providers in India. But not every insurer will present to you the best mediclaim policies. In the past, we had to rely on our agents very much to settle for the health insurance policy. But now in present, you don’t have to be dependent on anyone in terms of buying or renewing health insurance. All the health insurance providers are available online and you can compare them on the basis of your needs and premium. After the easy and fast comparison of various mediclaim policies, you can be sure to procure the best health insurance online.

Check Waiting Period

All the health insurance companies impose a boundary of waiting period before you can get coverage on certain pre-existing diseases. Some companies force 2 years of a waiting period while some forge 4 years of a waiting period. You should always go for a health insurance provider in India that imposes the lowest waiting period.

Check Network Hospitals

Always go for a health insurance provider that has the highest number of hospitals registered with their network. From the network hospitals, you can avail cashless treatment without spending any cash from your own pocket. Your health insurance provider will take care of it all.

Claims Settlement Ratio of the Company

Claims settlement ratio stands for the number of claims a company has settled in a financial year. Whichever company you choose to buy health insurance from, make sure that the insurer has the highest claim settlement ratio. This builds a good reputation of the insurance providers in terms of their claims paying aspect.

These were some of the factors that you must keep in mind before buying health insurance in India. Also, you must make sure you check out the premium and add-on covers. Obviously, you wouldn’t like to buy any extra cover that you don’t need or end up paying too much for a health insurance plan that you don’t even get to use them properly.

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Inclusions & Exclusions of Commercial Vehicle Insurance

If you have a commercial vehicle, you must consider commercial vehicle insurance. It offers comprehensive protection to your commercial vehicles. If it gets involved in any accidents, you will have to bear the expenses in case you don’t have commercial vehicle insurance. A comprehensive insurance policy will shield you financially from physical damage to your insured commercial vehicle and take care of your liabilities to third-party. Following are the major inclusion and exclusion of commercial vehicle insurance policy.

Coverage of Commercial Vehicle Insurance

• A comprehensive commercial vehicle insurance online policy offers coverage against damages to an insured vehicle due to natural disasters like fire, lightning and explosion, flood, storm etc and man-made perils like strike, housebreaking, theft, riot, burglary, terrorist activities.
• The third-party coverage of commercial vehicle insurance policy offers coverage against damage to the other vehicle that gets involved in an accident with your insured commercial vehicle. It also offers coverage against physical injury or death of the third party.
• Personal accident coverage is also available with commercial vehicle insurance policies. Accidental death and Permanent Total Disability of the owner and the paid driver of the insured vehicle is covered by a commercial vehicle insurance policy.
• Many insurers offer towing coverage for mechanically propelled disabled commercial vehicles. Many commercial vehicle insurance companies offer towing coverage as add-on coverage. The towing coverage can also be included in the regular coverage of comprehensive commercial vehicle insurance policies online.

What is not covered in commercial vehicle insurance?

Not all types of damages and situations are covered by comprehensive commercial vehicle insurance policies. A commercial vehicle insurer imposes some exclusion when it comes to the coverage of a comprehensive commercial vehicle insurance policy.

• Wear and tear and mechanical and electrical breakdown of the commercial vehicle is not included in the coverage.
• A commercial vehicle insurance company doesn’t cover the loss if the vehicle is used beyond the limitations.
• If the commercial vehicle is used beyond the specified geographical area coverage of commercial vehicle insurance policies, coverage will not be available.
• The insurer only offers coverage against only the original damage and not any consequential or subsequent loss.
• It doesn’t offer coverage losses due to ionizing radiation, nuclear perils, and war.
• A commercial vehicle insurance company doesn’t cover claims due to contractual liability.

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What is Commercial Vehicle Insurance and What Does It Cover?

Commercial Vehicles, just like private vehicles, surely play a substantial part in our day-to-day life. Be it in terms of our own transport from one place to another or transferring any goods or material from one corner of our country to another corner. Commercial vehicles like buses, lorries, taxis, trucks, etc. do play a major part. A commercial vehicle insurance policy is specifically designed to meet all the needs and requirements in case your commercial vehicle suffers any loss or damage due to an accident.

Available Coverage with Commercial Vehicle Insurance

There are mainly two types of commercial vehicle insurance plans are available to choose from.

Liability Only Policy: 

This commercial auto insurance policy covers third-party liability for bodily injury and/or death and property damage of a third-party person. Personal Accident cover for Owner-driver is also included under this plan.

Third-party commercial vehicle insurance protects the vehicle owner against legal liability to pay compensation in the event of the following:

• Death or bodily injury to a third party person due to an accident involving your vehicle.
• Damage to third-party property.

Comprehensive or Package Policy: 

Comprehensive motor insurance policy for commercial vehicles covers loss or damage to the commercial vehicle insured as well as third-party legal liability.

Along with the third party legal liability cover, package policy for commercial vehicle against the following loss or damage from the followings to your commercial vehicle:

• Explosion, fire, lightning, or self-ignition.
• Housebreaking, theft, burglary.
• Riot and Strike.
• Malicious Act.
• Terrorist Act.
• Earthquake (Fire and Shock) Damage.
• Typhoon, Flood, Storm, Tempest, Inundation, Hurricane, Hailstorm, and Cyclone.
• Accidental external means.
• Any damage to your vehicle while it’s in transit via rail, air, road, inland waterway, lift, or elevator.
• Damage by landslide/Rockslide

You Can Further Extend the Commercial Vehicle Insurance Online to Cover the Following:

Under the payment of additional premium, you can extend the coverage of your commercial vehicle to cover

• Loss or damage to the accessories fitted inside the vehicle such as fans, stereos, air-conditioners, etc.

How Premium is Determined?

The premium of a Commercial vehicle insurance Plan depends on the following factors

• IDV of your commercial vehicle
• Cubic capacity
• Geographical zone
• Age of the vehicle
• GVW (Gross Vehicle Weight) of the commercial vehicle

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Why Car Insurance Policy Lapses?

Car Insurance Policy Lapses

Getting car insurance online policy is the very first thing that you must consider after buying a vehicle. In fact, you can’t drive your vehicle from the shop to home without insurance. It is advisable to avoid cheap car insurance policies. We compare car insurance quotes of different car insurance companies online to get the best policy in terms of coverage. Even after all these, your car insurance policy may lapse if you don’t act carefully. The lapse of your car insurance means that your vehicle is unprotected under the car insurance plan that you had bought. Below are some of the possible reasons as to why your car insurance online policy may lapse.

• Non-payment of the Car Insurance Premium: You are responsible for paying the premium against your car insurance online policy. If any circumstance renders you to the non-payment of car insurance premium, your car insurance policy will lapse.
• Late Payment of Your Car Insurance Premium: You want to make sure that the due car insurance premium is paid on time. Otherwise, your car insurance may lapse in case of the late payment of your car insurance premium.
• Non-renewal of Your Car insurance Policy: If you think your job is over after buying car insurance online, you are certainly wrong. Your car insurance policy will lapse if you don’t consider the importance of car insurance renewal. You must make sure that your car insurance renewal is done on time to continue receiving the benefits offered by car insurance companies in India.

What Can You Do?

However, there’s nothing to panic if your car insurance policy lapses. There’s certainly something that you can do in case your car insurance lapses. Here are the two things that you can do when your car insurance policy expires

• Inform Your Existing Car Insurance Provider: For the car insurance renewal, you can inform your existing car insurance provider if you want to renew your policy from the same car insurance company. The car insurance provider will inspect your vehicle. After the inspection, the car insurance company will give you confirmation regarding the coverage of your vehicle.
• Renew Your Car Insurance from Different Provider: You can also consider the car insurance renewal from a different car insurance company in India as per your requirements. For this, you can compare car insurance quotes of different car insurance providers online and choose any for your car insurance renewal

.

There can be many consequences if you do not renew your car insurance policy. Hence, you should not allow your car insurance policy to lapse. The renewal of your car insurance is equally important to buy a car insurance plan in India. The penalties of not renewing car insurance in India include imprisonment, or fine or both. You may also lose your no claim bonus on your car insurance policy if you let your car insurance lapse. Therefore, you must not let your car insurance policy lapse in the first place and follow these above-described process if car insurance lapses.

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Why Health Insurance is a Must in India?

Health Insurance is a Must in India

In this fast-paced of life, sedentary lifestyle leads to various untimely diseases even among young generations. Life-threatening ailments are common affairs now and even young people are falling prey to this type of critical illness. The cost of treating various diseases has also increased by leaps and bounds in the last few decades. Since the Government of India spends very few on public healthcare, Indian citizens are forced to resort to private health facilities to avail standard treatment at an exorbitant price. Many a time, people run from pillar to post in order to arrange money for the required treatment and many people also go bankrupt as they spend out everything to meet high treatment expenses.

All these catastrophes lead to the alarming fact that, penetration of health insurance in India is disappointingly low. But it is actually high time that people in India avail health insurance plans and stay financially safe and secured even during the days of medical emergencies. Many health insurance companies in India offer incentives in the form of Sum Insured enhancement or premium reduction as a part of their wellness program. This inspires many health insurance policyholders to stay healthy and make efforts to be healthier and say goodbye to their stressed-out and hectic lifestyle. 

Health insurance companies in India also offer many other benefits. Cost of hiring ambulance, free medical check-up are some of the value-added services available with best health insurance plans. Hence, medical insurance plans not only cover treatment costs but also encourage policyholders to stay healthy by providing these benefits. But what does a health insurance online plan in India exactly cover and who can avail this coverage?

Health insurance plans are designed for individuals, families, senior citizens. All Indian citizens are eligible for health insurance in India. If you take care of a family, you should go for a family floater health insurance plans. The beauty of floater plans is all the family members can use the same coverage in the same year up to its exhaustion and for a single premium. So, you just have to pay a single premium on your medical insurance plan to keep your entire family safe and secured. If you have senior citizen parents at home, you should buy them separate senior citizen health insurance plans. The reason behind not including senior citizens in the floater policy is the premium of a family health insurance plan depends on the age of the eldest family member included in the plan. If you include your parents in the same family health policy, you would have to pay a lot more than you have to.

Health insurance plans not only cover hospitalization expenses but also cost of treatment and care for a specific number of days before and after hospitalization. Mediclaim policies also cover many other expenses such as boarding, room rent, cost of oxygen, blood, fees of doctors, nurse. Some health insurance online plans also cover organ transplant costs and unconventional treatments like Unani, Homeopathy etc.

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Everything You Must Know About Car Insurance Online

Car Insurance Online

Car insurance is obligatory as per the Motor Vehicles Act, 1988. Therefore, every motor vehicle owners must make sure that their vehicle is covered with the best car insurance policy in India. A car insurance policy can be availed from a number of insurers. Motor insurance provides you with comprehensive protection against any unforeseen incident such as an accident.

Car insurance online ensures you are protected all the time against any third party legal liability due to an accident. The policy also covers damages or losses to your own vehicle, depending on the plan you buy. On time renewal of car insurance ensures the permanence of your coverage. These policies can be purchased or renewed online by simply visiting the official website of your insurance provider.

Car Insurance Coverage Options

There are mainly two types of vehicle insurance plans on offer: Third Party Legal Liability Insurance and Package Policy or Comprehensive Motor Insurance. Third Party policy takes care of the third party death or loss of property claim. This motor insurance plan is mandatory for all motor vehicle plying on the road.

The comprehensive car insurance policy, however, it’s unquestionably the best car insurance plan that you must go for. The comprehensive car insurance policy covers the third party legal liabilities as well as the damages or loss to your vehicle and your own injury. 

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How to Avail the Best Health Insurance Policy?

The Best Health Insurance Policy

It is a tricky job to choose the best health insurance policy from a plethora of health insurance plans offered by different health insurance companies in India. A bunch of questions rises in our mind while opting for mediclaim policy. Should I go for the medical insurance that is the cheapest or should I opt for a specialized health insurance plan that covers any pre-existing diseases? Yes, it’s a bit confusing when the question is about the best health insurance policy in India that covers all your requirements. Well, here are some of the top health insurance mistakes to avoid while buying mediclaim policy to help you choose the best health insurance policy in India.

Low Premium is Not Always Best: Most people focus on the premium when buying health insurance plans in India. Cheap health insurance policies impose limitations in terms of diseases covered within the particular medical insurance plan.

Compare Health Insurance Online: You should compare health insurance plans online offered by different health insurance companies in India to select the best health insurance policy as per your requirements. Always remember that selecting the best medical policy should be your top priority while buying online health insurance.

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Why should you consider buying health insurance policies online in India?

Buying health insurance policies online in India

Health Insurance is a term with which we all are more or less familiar. There are many health insurance companies that have a range of health insurance plans. To take up the right health insurance plans, one must keep certain things on mind. It’s highly advisable to buy health insurance online because of a bunch of special advantages you can avail.

• Saves time: Time is something that is equally valuable to money. When buying a health insurance from a particular company, we try to aim for an insurance provider that saves our time. You can compare a large number of health insurance plans in seconds.
• Availability of maximum options: When we look for medical insurance or mediclaim policies online, options available in the market is always our prime focus. Health Insurance providers in India have introduced lucrative schemes for its customers.
• Assistance in choosing the best: Online health insurance not only saves your time but also supplies you the assistance you need for buying the best health insurance plans in India. Comparing the prices of different health insurance companies online, it gives you the freedom to pick out the best health insurance company suitable to your requirements.

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