Travel Asia from Bajaj Allianz: For cross-border travellers

By Policybachat. Posted on October 31, 2014

If travelling abroad is on your mind, insuring yourself becomes utmost important to tackle any unforeseen situations that might come across your path. Travel insurance policy ensures that your vacation or business tour is hassle-free and eventually a complete success. For international trips, there are three types of insurance that you should consider, that can […]

Zero Depreciation Car Insurance Policy Allure Car Owners to Optimize Benefits!

By Policybachat. Posted on October 31, 2014

Introduced in the year 2009, “Zero depreciation car insurance” has picked up pace in the Indian insurance market briskly. It was launched immediately after IRDA gave the insurance companies the flexibility to modify standard motor insurance policies. This is also referred to as “Bumper to Bumper” car insurance policy, which is alluring the attention of […]

Are Senior Citizens eligible for Term Life Insurance Policies?

By Policybachat. Posted on October 31, 2014

Once you cross the age of 50, getting a life insurance on your name becomes a real tough job. Many insurance companies show reluctance in working with a senior citizen because the remaining span of their life becomes short. They do not want to work with very old persons due to numerous age-related diseases and […]

Gift Your Child A Secured Future

By Policybachat. Posted on October 30, 2014

Child Life Insurance Plans are the best way to secure your child’s future. Providing all the necessities for your child’s well-being and a good upbringing have become a daunting task in today’s world due to ever-increasing expenses. Hence planning the unforeseen in very important. A Child insurance policy will take care of all their basic […]

MANAGING ULIPs

By Policybachat. Posted on October 30, 2014

More is always better! What if we get the benefit of a life insurance cover as well as the opportunity to invest into market equities by purchasing just a single hybrid plan? That is exactly what a Unit Linked Insurance Plan or ULIP offers you. The premium that you pay towards the policy is divided […]

IRDA creates monitoring body to nurse insurance grievances.

By Policybachat. Posted on October 30, 2014

Insurance regulatory and Development Authority (IRDA), being the apex regulatory institution for the insurance sector, have devised an Integrated Grievance Management System (IGMS) in an effort to take up customer grievances and issues faced by them on a serious note. According to IRDA, customer satisfaction should be given utmost importance as it is a major […]

Best ways to save on Health Insurance Premium

By Policybachat. Posted on October 29, 2014

Health insurance is probably one of the most important forms of insurance which safeguards you from financial hassles during a medical emergency. It is not a very easy job to identify your exact requirements and your affordability and choose a plan accordingly. This difficulty is owing to the fact that Indian Health Insurance companies offers […]

Tata AIG plans newer strategies to increase profit!

By Policybachat. Posted on October 29, 2014

A top official from Tata AIG General Insurance expressed his views on the proposal to double the exemptions in the investment limits to Rs. 2 lakhs to be presented in the forthcoming budget. According to him, this can stimulate the scope of growth in the insurance sector and also can give relief to the people. […]

Reasons Why Settlement Claims Get Rejected

By Policybachat. Posted on October 29, 2014

To know about the reasons for which your claims might get rejected, it is important to have a clear idea about what a claim settlement ratio is. It refers to the total number of death claims settled by an insurance company. The calculation is done by dividing the total number of death claims received by […]

Enormous losses by Cyclone HudHud: Insurance claims shoot sky-high

By Policybachat. Posted on October 28, 2014

Insurance companies have started being poured with claims from the coastal areas of Vishakapatnam and Odisha after it was struck by cyclone Hudhud on October 12, 2014, leading to massive losses in lives and properties from that area. The claims are likely to cross an INR 4000 crore margin. The largest numbers of claims are […]