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
Individual Personal Accident Plan
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 […]
What is Professional Indemnity Insurance
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 […]
Health, motor or property cover may cost more from April
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 […]
Third party premium up by 70%
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 […]
Transfer your No-Claim bonus to new vehicle
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 […]
V-Secure Investments 