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Incredible Benefits of Bike Insurance Renewal

Jan 2016

A motorbike is considered to be a valuable asset by most people across the globe. For most of us, it is a dream to buy a motorbike. Unfortunately, once a bike is taken under possession, most people forget about their main duty towards it.

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Featured Articles

Important Auto Insurance Add-ons

26 May 2015

A multitude of external factors make motor Insurance an essential purchase for all vehicle owners.

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How to Read Your Policy Wording

23 Jun 2015

An insurance policy defines the scope of an insurance cover. As these are designed from a legal standpoint, they have information written in a technical format, mostly not easy to comprehend.

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Lok Sabha Clears The Insurance Laws (Amendment) Bill 2015

18 Mar 2015

The year 2015 has brought some cheer for general insurance policyholders. Be it mediclaim, home, motor or travel, industry sources say that the premium for any of these policies is unlikely to rise this year.

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Mandatory Insurance Set to Rise for Small Car Segment

12 Mar 2015

The Insurance Regulatory and Development Authority of India (IRDAI) has proposed to increase the Third Party Liability (TPL) insurance premium for less than 1000cc cars by as much as 107.79%. The draft proposal also seeks a marginal revision of TPL premium for two wheelers in India.

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Finance Minister Increases Tax Benefits by Rs. 10000

10 Mar 2015

Finance Minister, Arun Jaitley, has met people's expectations by increasing the tax benefit for insurance buyers by Rs. 10000. The decision taken in the Union Budget 2015 has increased the deduction limit under section 80D to Rs. 25000 from Rs. 15000 for individuals. For senior citizens, the limit has been increased from Rs. 20000 to Rs. 30000.

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Madras High Court Favors Lifetime Motor Insurance

23 Feb 2015

A recent accident case in Chennai has forced the insurance industry to look at motor insurance from a different vantage point. The case in question involves a tanker lorry hitting a man, leaving him 45% disable.

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Budget May Hike Tax-free Medical Expense Cap

20 Feb 2015

The current tax-free medical reimbursement limit of Rs. 15,000 a year is under the government's scanner. Owing to the increasing medical costs in the country, the government is likely to raise the tax-free medical reimbursement from employers to Rs. 25,000 per year.

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New Provision In Insurance Ordinance To Cause An Imbalance

18 Feb 2015

Major General Insurance companies have not welcomed the new provision in the Insurance Ordinance regarding the third party motor insurance segment.

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New Insurance Companies Set To Enter Indian Market

06 Feb 2015

The Government's move to increase the Foreign Direct Investment (FDI) cap to 49% has struck a chord with leading global insurance providers. Chairman of Insurance Regulatory and Development Authority (IRDA), Mr. T. S. Vijayan, opined that the Indian insurance market is set to welcome new insurance companies.

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2015: A Turning Point for Indian Insurance Sector?

30 Jan 2015

New Delhi: The insurance sector is abuzz with hopes of the influx of investments post the landmark ordinance that cleared the cap of FDI up to 49%.

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Only 30% Indians Have a Mediclaim Policy - NATHEALTH

30 Jan 2015

A report published this month by NATHEALTH, has underlined the lack of awareness and penetration of health insurance policies in the country.

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New Norms of Insurance Soon to Benefit Policyholders

30 Jan 2015

The much-awaited amendment in the insurance sector to raise the limit of FDI (Foreign Direct Investment) from 26% to 49% has finally seen the light of day.

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