Met with a car accident - What's Next?

English Hindi   Mr. Kamal Shah got furious as he had to spend Rs 30,000 from his pocket towards repairing of the car. The comprehensive car insurance, which he bought last year, only reimbursed Rs 70,000 after fa...

Insured Declared Value is the maximum Sum Assured fixed by the insurer which is provided on theft or total loss of vehicle. Basically, IDV is the current market value of the vehicle. If the vehicle suffers total loss, ID...

Due to the dangerous driving conditions, it is compulsory to have third party insurance for every vehicle plying on Indian roads. It ensures the overall safety of the people involved in a road mishap. As we all know, it...

No Claim Bonus (NCB) is a reward, given by an insurer to a policyholder for making no claims during the policy term. NCB can be accumulated as a discount on the premiums over years. NCB discount ranges from 20% to 50% on...