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Travel Insurance and its advantages

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  Now that most countries have liberalised their economies, travelling to the other side of the world takes only a few hours. Travelling has become an integral aspect of a liberalised economy for all countries. More than ever, getting around is a necessity. Whether for work, school, pleasure, or research, travel serves a variety of important functions. With the travelling on the rise, unexpected conditions also pose a risk to tourists. There is always a chance of something bad happening when visiting a foreign country with a completely different culture, and that chance grows with each trip. Travel dangers can be either natural or anthropogenic. No one can predict the nightmare-inducing surprises that await tourists in a foreign country. Keeping these considerations in mind, it is always vital to get comprehensive travel insurance when organising a journey plan. The most important thing for a traveller is to be a peace during the course of journey and which is seldom attainable...

Health Insurance; Do's and Don'ts

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  To Dos and Don'ts Prior to Purchasing Health Insurance There are several things you should and should not do when applying for health insurance. Learn more about the rules and regulations that you should apply before purchasing health insurance in India. In this article, it has been tried to solve the problem. Healthcare costs have increased alongside the rest of the cost of living in today's economy. These days, a visit to the hospital for treatment of an injury or illness can put a serious dent in one's savings. Because of this reality, having health coverage is no longer an alternative but a need. However, health insurance premiums must be paid on a consistent basis, just like those paid for other types of insurance. Unfortunately, a medical emergency might devastate your finances if you do not have health insurance. If you have health insurance, you will be better able to handle these costs. When you take into account the following, it is easy to see why you need ...

Process of filing auto insurance; Car/Bike Insurance claim process

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  How to claim insurance in case of car or two-wheeler accident Below is the detailed process for the same:- Motor insurance has recently surpassed all other forms of insurance in popularity as a result of the surge in the number of people purchasing private automobiles. However, when filing their first auto insurance claim, the vast majority of customers have no idea what they're doing. This article will help in clarifying the details about how to file insurance claim for automobiles. How to File a Claim with Your Auto Insurance The convenience of having a car or motorcycle at our disposal is invaluable. These are extremely important to people's day-to-day functioning. As people stay away from public transportation and taxis for their own safety during the pandemic, the value of having a private vehicle has risen. Automobile insurance claims are simple to file. Motor insurance is the most sought after type of insurance today because of the rising number of people who...

Critical Illness Insurance; Who should buy Critical Illness insurance?

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  During trouble times, Critical illness Insurance is important Critical illness insurance: If you or a loved one are at risk of developing a critical illness such as renal failure, cancer, or a heart-related condition, purchasing a critical illness insurance policy may be quite helpful against the same. People's health has been negatively impacted by the modern way of living. The likelihood of contracting a life-threatening illness has risen exponentially in recent years. Air and water pollution, Junk food and increasing day to day tensions have negative health effects. Malignant tumors and heart-related illnesses are also quite common these days. However, the cost of treating these disorders is also higher. The average person typically cannot afford this. A critical illness plan may be preferable in such cases. With this policy, you can get protection from life threatening illnesses. Cancer, paralysis, heart attack, tumors, and renal failure are among conditions that are taken ca...

Home Loan Insurance; Pros and Cons of Home loan insurance

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  Does a home loan require property insurance? If so, why would you want to do that? Financial institutions typically require homeowners to have property insurance in place before approving a loan for a house purchase. You may deny the same but most of financial institutions will force you for taking the loan to cover the risk against home loan. This loan is also known as Mortgage insurance. Now days as all properties are going higher more and more people are purchasing that insurance. The person does this to safeguard their personal finances. In order to protect the person from financial loss caused by property damage in the case of an emergency. To protect their investment, banks typically require homeowners to carry mortgage insurance. Following questions arise before going for it Is it a standard? Will we not be able to secure a mortgage if we choose not to get mortgage insurance? What you want to know is the answer to that question, and we will provide it to you to...

Car/Bike/Auto Insurance; what is covered and what is not covered in insurance?

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  Auto insurance Auto insurance, often known as motor insurance, protects you and your car in the event of an accident, theft, or damage to another person's or business' property. The cost of repairing or replacing your vehicle after an accident or natural disaster is significantly reduced with comprehensive auto insurance. There are essentially three distinct kinds of auto insurance: 1.    Third-party liability, 2.    Standalone on damage (OD), and 3.    Full coverage. The policy also protects the owner-driver in the event of an accident. Having auto insurance and renewing it on time is not only required by law, but also highly recommended for your peace of mind on the road. New Optional Coverage Plan in new insurance types: (Drive as Much as You Want, Pay the Same Amount) Car insurance costs might seem like a lot to pay if you rarely use your vehicle. Some Insurers provides the new product naming as On Damage Premium which is linked...