akanshasingh's blog

Travelling has becomes an integral part of individual’s life. People travel for various reasons such as business or vacation, studies, attending conference or seminars, etc. Just as traveling creates a joy in people’s mind, a sudden problem such as unexpected illness, flight cancellation, baggage loss can jolt your minds in the very next minute. Therefore, it is required that you insure yourself and your family with suitable travel insurance covers before board your flight.

When you go to buy a vehicle, the price which they tell you does not include certain elements. But when you ask for the on-road price, they tell you cost of insurance and road tax. In other words, you cannot buy a vehicle without insurance. It is a mandatory requirement under the Motor Vehicles Act in India.

Online bike insurance is like a savior when you're stuck in critical financial situations – be it an accidental compensation or bike getting stolen or turns to ashes in fire eruption. Considering how often does a person run into such situations? It's obvious we should try every means to protect our bike. Taking care doesn't mean merely washing every day, doing a Teflon coat or buying a helmet for yourself. It's a Online bike insurance that will help you keep your finances protect when there is a major accident, loss of life, damage due to fire, storm, earthquake, or gets stolen.

In India, if a person owns a bike, scooter or moped, having a proper policy in place for your two-wheeler is a must. Many general insurance companies offer customized two wheeler insurance policies that suit an individual’s needs and preferences. They have various types of plans that can offer complete protection against unexpected accidents, any natural incidences like fire, earthquake, storm, or man-made calamities like stealing or burglary.

It does not happen to everyone but it can happen to anyone at any time. Your car may be vandalized and thieves may steal valuables inside or the CD player or any other accessory. Your entire car may be stolen by thieves, putting you at great inconvenience. There are slim chances of recovering your car or the valuables inside but if you are covered by a suitable motor insurance policy, you can at least expect part or full compensation. Please note that if you wish for reimbursement your car must be covered by a comprehensive motor insurance policy.

In India, it’s a mandatory to have an insurance cover if you wish to drive your vehicle on road. Every vehicle is insured upon a value based on the manufacturer’s price of the vehicle minus the depreciation costs as per the age of vehicle known as Insured Declared Value. The third party property damage is covered up to costs of around 7-8 lakhs for cars and Rs 1 -2 lakh for a two-wheeler. And there is not such limit on the cover for injury or death of the third party.