Expect premiums to go up or introduction of a co-pay option for third-party damage It’s a new, and a much tougher regime for violators of traffic rules. With the new Motor Vehicles Act increasing compensation substantially from all offences and accidents, car and bike owners need to arm themselves with substantially more insurance cover. Those without a valid insurance policy might have to shell out Rs 5,000 compared with Rs 500 earlier in case of an incident. “In the two-wheeler ... Rediff.com, 1 month ago
This form of device-based insurance uses GPS to measure how much a car runs and the speed that it is run at. The general insurance sector is all set to get its first telematics offering for motor insurance. The sector will get a glimpse into pay-per-use format of insurance where driving patterns and distance covered will be the key focus to determine premiums. Bajaj Allianz General Insurance is launching the sector’s first telematics offering on Monday. Also called black-box ...Rediff.com, 3 days ago Irdai plans to make insurers' listing a must Rediff.com, 1 month ago
Sportspersons, who battled adversities and emerged victorious, are very strong and veritable examples for many budding youngsters. The Indian star gymnast of Rio Dipa Karmakar, who created history by making it to the fourth position in the final ...Jagran Post, 1 month ago Chandan, The Child Prodigy Defies Odds, Revives Hope For Football In India Jagran Post, 1 month ago
Apart from rail mishaps, the coverage would take care of terrorist attacks and accidental fall of a passenger from a train and normal accidents, riots, robbery and dacoity The Indian Railways (IR) has selected three insurance companies - Shriram General Insurance, ICICI Lombard General Insurance and Royal Sundaram General Insurance - for insuring its passengers. To begin next month, it would be among the cheapest in the world, at a premium of 92p a passenger for coverage up to Rs 10 lakh. The ...Rediff.com, 1 month ago
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