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News
Why the Supreme Court???s motor insurance judgment is a landmark
2+ hour, 36+ min ago (717+ words) Some judgments matter because of the dispute they settle. Others become significant because an individual case exposes a problem affecting millions. The Supreme Court's recent motor-insurance judgment belongs to the latter category. The story began on a road near Singarayakonda…...
Motor Insurance: Why Own Damage cover matters during monsoon and the add-ons you should know
1+ week, 3+ day ago (507+ words) An OD policy can cover exterior and structural damage, including dents and smashed body panels caused by uprooted trees, falling poles or other objects. It can also cover interior and electrical damage, such as water entering the cabin and damaging…...
Who really benefits from India's new insurance order? Not the honest policyholder
2+ week, 2+ day ago (658+ words) Start with what the order gets right. Its enforcement measures—camera-integrated challans and a pilot linking fuel access to valid insurance—target the mechanism of non-compliance directly. These deserve support and, ideally, faster rollout. The tenure extension is a separate…...
Is your agent pushing you for health insurance portability? Read this first; it may be too good to be true
2+ week, 4+ day ago (439+ words) Health insurance portability allows you to switch insurers without losing your benefits. This means you keep your waiting periods already completed. You also keep your no-claim bonus from before. Normally, buying a new policy means starting completely fresh. Waiting periods…...
SC extends mandatory insurance for new cars, bikes: Third-party vs comprehensive motor cover, can you upgrade?
2+ week, 5+ day ago (602+ words) The Supreme Court on Tuesday extended the mandatory third-party motor insurance coverage of new vehicles by one year. This means new cars will now be required to have four years of coverage, while two-wheelers will need six years of coverage…...
No insurance, no fuel? Supreme Court seeks Centre's plan to stop fuel sales to uninsured vehicles | Today News
3+ week, 22+ hour ago (494+ words) The Supreme Court on Tuesday proposed a pilot project under which fuel would be supplied only to vehicles with valid insurance to curb the growing number of uninsured vehicles and ensure timely compensation for road accident victims, according to a…...
Own an EV? Here’s why a regular ICE vehicle insurance policy won't cut it
3+ week, 4+ day ago (679+ words) Are you riding or driving an electric vehicle (EV)? Then, you must have an insurance policy that specifically covers the battery, as it accounts for nearly 50% of the vehicle's cost. Insurance for EVs is more expensive than for petrol- and…...
Personal accident cover vs standalone term insurance: Which is best fit and gives better value for money?
3+ week, 5+ day ago (173+ words) Personal accident cover and standalone term insurance, both of which provide financial protection, may seem similar to many but are different in various aspects. The question about which is the best buy and most suitable financial protection in individual cases…...
Why personal accident insurance can't replace term insurance
3+ week, 6+ day ago (832+ words) A young colleague in her 20s recently told me she had figured out insurance. Term insurance, she felt, was a waste for someone her age. A personal accident cover of ₹1 crore cost her about ₹3,500 a year. A term plan for the…...
Can cooperative insurance become India’s next financial inclusion story?
1+ mon, 5+ day ago (469+ words) For over a decade, India has focused on expanding access. Jan Dhan brought millions into the formal banking system. Aadhaar enabled identity at scale. Digital public infrastructure transformed payments and service delivery. Together, they created one of the world's most…...