
KYC mandatory for buying insurance policies If you wish to buy a health, travel or motor insurance policy post January 1, you will have to mandatorily complete the know-your-customer (KYC) process, as […]
KYC mandatory for buying insurance policies If you wish to buy a health, travel or motor insurance policy post January 1, you will have to mandatorily complete the know-your-customer (KYC) process, as […]
Accident is one of the unforeseen incidents that bring along with it lots of difficulties for the victim and his/her family members. In several cases, a person becomes disabled for his/her whole […]
Professional liability arises from the failure to use the degree of skill expected of a person in a particular field. Professional liability insurance is insurance covering liability arising out of providing professional […]
Buying general insurance such as health, motor or property cover could cost more from April. The finance ministry has asked the national reinsurer, General Insurance Corporation, to stop underwriting loss-making businesses. The […]
The Insurance Regulatory and Development Authority (Irda) has increased the third-party motor premium by up to 70% from April 25. Irda said that based on the concerns expressed by various stakeholders during […]
On sale and transfer of vehicle the bonus can be transferred to the new car. The bonus can be kept on hold till a period, which is a maximum of three years […]