Create an Instant Compare Car Insurance Checklist

Purchasing car insurance is quick and easy process. Before you select any insurance coverage, though, you require a checklist. Many people prepare a checklist for everything, from grocery shopping to ensuring all the bills are paid at the end of the month.

These lists are easy to prepare, because they know what to search for as they begin writing. But, buying an online car insurance is a quite different and hence, customers should have to get some idea what to mention on your checklist.

Below is an instant vehicle insurance checklist:

Does the insurer offer a better deal for a good credit score?

Does an insurance company in India give any special deals for good driving records?

Is insurer comes into play as a ‘direct provider’ or will company pass their customers off to any local agents or brokers? Because in such cases investing your precious time as you may have to begin the detail procedure against with a broker or agent. So better ensure about the insurance service provider.

rechner mit auto

Do you have any idea about states insurance coverage needs?

Review your current policy documents and check what your coverage is. In case, children are financially independent, then you may not require some deductibles you had.

Does a customer hold multiple vehicles and what kind of deals would be available in the market? This is a very important point for motor insurance checklist.

Those who recently buy a new vehicle must get an instant compare car insurance and take a car insurance to comply with law and in case of accident.

In case customer holds a business and own a commercial vehicle insurance plan, would there be any better deal for bringing your private vehicle insurance to the new insurer?

There are various questions like this to consider while purchasing insurance online. Instant insurance is convenient, but don’t get too big or too small coverage in a hurry. Prepare that checklist before you start searching for the best policy!



Not Men, Women on Top in Buying Health Insurance Plans

Now, insurance companies in India must understand women buyers and their needs related to health insurance coverage. It has been observed that females are only decision makers when it comes to the purchase of 55% of healthcare plans and are partly involved in case of the leftover 45%.

Generally, majority of women initiated the buying procedure and it shows their independent nature. It means that buying process of all med claim policies involve women. In fact, this trend is rapidly increasing since last three years.

Health Insurance

As per reliable reports, women are searching for higher sum insured. Growing stress level and changing standard of living among other factors have exposed women to developing various health problems.

Health insurance claims related to maternity have seen a high percentage of claims across urban areas for women in the age group of 18-40 years. Today, people are very aware about the importance of med claim policies.

There has been an increase in the overall trend of preferring a higher sum insured. In this situation, gender may not have an important role to play. People who live in metro cities opt for higher sum insured and family floater policies are being selected over individual healthcare plans.

But, many women do not have a clear vision about health insurance plans because too many financial products in the market results to confusion. Usually, buyers believe that new born babies or in-laws are not insured under med claim policies. Insurers need to know that females have certain expectation about health coverage, including personalized services.


Top 5 Facts to be considered before Buying Cheap Travel Insurance

If you travel without sufficient travel insurance coverage, then you will be lost financially. Travellers should not forget that there are various things which can go worst while travelling. For example, health issues can arise, flight cancellation or delays, stolen luggage etc. Buying cheap travel insurance policies India helps to cover such risks as well as compensates the insured for loss arising due to unforeseen events during journey.

In fact, insurance experts suggest travellers to buy one especially during foreign trips. In the Indian insurance market, a wide range of plans are available. But, do not forget to read finer details before selecting a policy. Below are top 5 facts to be considered before purchasing a travel insurance plan online:

Travel Insurance

  • Inclusions and Exclusions

Initially, all plans may look similar, but the finer information like exclusion and inclusion can create a vast difference. For instance, health insurance while overseas travel is a necessary component. Generally, it offers compensation for loss of luggage, loss of important documents and flight delays or cancellation. Disabilities or accidental death because of accidents is not covered by all policies.

  • Duration Coverage

Based on your trip duration, customers can select from an annual multi-trip policy or a single trip travel insurance policy. Remember to check how many consecutive days abroad will be insured under the plan. The frequency of travel should help you to choose the correct policy type. In fact, some plans give a feature of extending the plan in case the trip duration gets extended. Selecting coverage with this feature can support in saving premiums.

  • Destination Coverage

Travel insurance companies in India provide plans which may have certain geographical coverage or global coverage. Selecting a plan with global coverage is much better as it has no risk of rejection. But, it may has exceptions and sub clauses too. Customers should know that sub limits on the coverage amount are different for different locations.

  • Extent of Coverage

When you buy a policy, check how much will be the coverage for each person. It means there will be a limit on the claims filed based on what is being claimed. Generally, there is a pre-set coverage amount assigned for the different benefits. Evaluate which policy suits your needs the best and then select the one that provides the maximum coverage extent.

  • Pre-existing Health Conditions

Usually, insurance companies in India do not offer coverage for insured’s pre-existing health conditions. However, some insurers give coverage with specific conditions. Insured is necessary to declare the pre-existing medical conditions while buying Cheap travel insurance India. Always disclose all the details related to health at the buying stage to avoid any type of hassle in the long run.

Today, travelling without adequate travel insurance coverage is a big risk. Compare various options available online and then choose the one that offers the most appropriate coverage.


7 Point Check List while Buying Car Insurance

When you decide to buy a vehicle, the decision will always be special. So, do this task with proper planning because it also needs your hard-earned money. Prepare a excel sheet, comparing mileage, features, color details available in the list of models person is planning to buy and the works. The obsession level may be high, but care a lot while finalizing a deal. Majority of people have a tendency that they pay maximum attention in zeroing in on the vehicle, but they never pay much focus towards the car insurance policy India.

In fact, when it comes to policy renewal, probably the case is same. Insurance professionals suggest vehicle owners to pay enough attention while selecting the best car insurance plan online.

Do not forget that choosing the right policy is very much important because it will help policyholders to secure their expensive purchase, a car without burning a big hole in your pocket. Below are 7 tips which will help buyers to make the correct decision about their online car insurance:

Car Insurance

  • Every insurer differently rates each brand of vehicles based on customers’ statistical analyses, claim          history etc. Insurance companies in India update these ratings frequently; hence online comparison of        similar products from various insurers is essential to get a better rate. But, ‘price’ is not the only factor        customers should be looking for while selecting auto insurance coverage.
  • Today, comparing and purchasing vehicle insurance policies become easier, faster and affordable.            Buyers can get the policy issued immediately and can access it at one place.
  • It is advisable to select an insurer which has a wide network of garages and offers cashless claims. It is      the most convenient way for policyholders.
  • Choose an insurer that has best claim settlement ratio as well as easy claim procedures. Just go online      and then do a quick search about preferred insurance companies in India.
  • Do not forget to select the correct add-ons for your vehicle as it helps to offer sufficient coverage for          insured vehicle based on your individual requirements. Zero depreciation cover and no claim bonus            protection are some of the most popular add-ons available on online car insurance policies India.
  • Understand all the inclusions and exclusions related to the plan, so insured will not be surprise at the          time claims.
  • The best insurance service provider is the one that helps customers to find the best policy, give timely         renewal reminders and guide through claim settlement processes.


Things to look before you buy Cheap Travel Insurance

In today’s times, travelling to a foreign country does not mean packing bags and flying off. Rather, the task has become complex as various arrangements need to be made such as foreign currency or changing one’s telephone plan. The increasing instances of lost luggage, delayed flights and health complications have made the need for travel insurance must for a traveler. One has to get into finer details to know if their selection of travel insurance policy is right or not.

Extent of health coverage – Though all of the travel insurance policies cover for medical emergencies and other related expenditure, but a traveler should look for a policy that has a comprehensive or appropriate coverage to suit one’s medical condition.

Other inclusions – Most of the policies provide compensation for lost baggage and documents and flight delays, but specific inclusions such as covering disabilities or death as a result of accident while traveling are not part of all policies. A traveler should look for such inclusion if he is going on an adventure trip. On the other hand, leisure holidaying will not need such coverage.

Travel Insurance

Global or specific region coverage – Cheap Travel insurance policies are of two types, that is, either they are applicable to travel across the globe or extend coverage to specific regions. In most cases, a global coverage is appropriate but if a traveler is sure of travelling to a certain region then a specific geographical coverage should suffice. Normally, insurance companies charge a higher premium for covering places that are categorized as high-risk. Hence, one should review and compare policies to save paying higher premiums.

Pre-set coverage amount – A travel policy specifies a preset coverage amount that is allowed for each head. For example, a travel policy may specify maximum limit of upto $1000 on flight delay or $100,000 for health emergencies. One should try to get a coverage that will cover the maximum cost.

Time of travel – If travel abroad is a frequent activity then one may consider buying an annual multi-trip policy. But, if it is just one-time affair in a year then a single trip policy will be good enough. Also, one should get a coverage that allows an extension of policy, if in case someone wants to extend the stay.


5 Reasons to Buy Health Insurance Before you Turn 30

In today’s world, when treatment cost are rising every year and there have been advancements in new medical technologies in diagnostics and operatives, the cost of treatment has increased manifold over the years. In many cases, people admitted in hospital for a chronic disease such as cancer, liver cirrhosis (liver failure) or chronic kidney disease, end up losing not only their own saving but also the savings of the entire family.

For example, when Delhi was under the grip of swine flu, one of our insured, unfortunately, contracted the disease. Her bill went up to approximately 20 lakh. Without the backup of insurance policies, she would have need to sell his house to pay the hospital bills. In this article, we list some of the key reasons for buying health insurance early.

Avail the Best Treatment

Numerous corporate hospitals have sprung up, even in the smaller cities in India. These hospitals offer the best in class treatment, even in tier 3 cities. They offer facilities such as deluxe, VIP or president suite rooms, helicopter ambulance facility, latest operative techniques like robotic arms, stitch-less surgery, Pin Hole surgeries, etc. These facilities, in turn, have increased the cost of treatment exorbitantly.

To avail the world-class treatment with the best of facilities and all the luxuries, people belonging to the middle and upper class should take health insurance.

So when the person, who is getting admitted in hospital, has health insurance with higher sum insured, possibly more than 10 lakh, he can enjoy the best of the room facilities.

There are many health insurance that offer OPD facilities, such as Health Care Supreme from Bajaj Allianz. With these high OPD plans, you can avail up to Rs.25000 of OPD treatment in a year without any issues.

Health Insurance

Avail Benefit of Alternate Therapies

With health insurance, you can enjoy the benefits of alternate treatment such as Ayurveda and Homeopathy. Many people prefer Ayurveda and Homeopathy treatment at OPD level. However, to avail alternate treatments, they need spend money out of their pocket. With newer insurance plans, such as Bajaj Allianz Health Care Supreme, these expenses are also taken care off. You can enjoy alternate treatment anywhere in the country.

Get Tax Saving Benefits

Tax saving today has become necessary to avoid paying heavy taxes if you are in higher income slabs. Since the premium paid in health insurance is 100% rebatable under section 80D of the Income Tax Act, you can save taxes also while buying health insurance.

Get Loyalty Benefits

When you buy a policy with an insurance company early on, you become a loyal customer with that insurance company as time passes. Companies start considering you as their priority customer, especially if you haven’t claimed for a long period of time. This allows you to enjoy a number of benefits. For example, when you file for claims, they are settled on priority.

Get Wellness Benefits

Wellness benefits are a game changer these days for many insurance companies. The focus is on wellness activities for the clients such as holding health checkup camps by teaming up with big brands, offering free Yoga classes and a bouquet of facilities at highly discounted price such as gym membership, Panchakarma treatments, dental treatments, doctor on call, etc.

There are different types of health insurance policies to suit individual needs. To find the best cover for yourself, check out our health insurance plans.

Health insurance segment yet to be tapped upon

We live in the world filled with uncertainties. Sometimes a seemingly small ailment can turn into a major dent in our life. Within fraction of seconds your life can come to a standstill if you’re involved in a major road traffic accident. Situation can turn bad to worse if the earning member of your family is hospitalized! Well the problems are many but the path is one to overcome them. Buying a suitable health policy for you and your family will help you overcome these problems and offer some security!

India with a population of around 1.2 billion offers a huge potential in health insurance market. To get rid of health worries health or medical insurance is the answer. Many old citizens of which one of them must be your parents have worked hard all their lives and contributed to the development of the nation and the community. Mostly ignored and sometimes shunned by the younger community but there is much to learn from them. Some continue to be productive and work in various capacities. Most organizations and universities entertain this skilled manpower up to the age of 65 to 70 years.

Health Insurance

There are over 35 insurance companies comprising both life and non-life insurers (general insurance) sectors. Health care costs have risen considerably during the past few years. It has gone beyond the reach of common man thus making more sense to buy health insurance policies. Poor quality of service is rendered to the citizen by government hospitals while private medicare has become highly expensive. Therefore, it is mandatory for a middle class person to seriously consider the option of health insurance. Today, a major surgical operation of the heart may cost anywhere between two to three lakhs. Not many individuals can afford to spend out this amount in a short and sudden situation. Even if they have insurance that is reimbursable under their Mediclaim plans the strain on the family can be immense. The option of cashless hospitalization becomes attractive under these circumstances.

Health insurance is an agreement between two parties i.e. insured and insurer under which insurer agrees to pay for medical treatment in case of any health issue for a fixed sum which is paid by insured to the insurer. Health insurance policies are provided by almost every insurance company and it can be bought through various methods. It can be bought through traditional channels through agents else it can be bought online via internet.

The entry of private players has stirred fierce competition amongst the companies, ultimately benefiting the consumers who are offered with better coverage and facilities. The arrival of foreign and private players into the life and general insurance sector has directly resulted in the huge development of insurance market including significant increase in medi-claim insurances. With massive Indian middle-class section, India looks promising and attractive for business opportunities to international players in this field.

The insurance business professionals strongly say that the limitless Indian medical insurance market has not been fully tapped so far due to lack of awareness among the public about the importance of health policy. Also there is lack of rightly targeted policies from the companies. An appropriate policy and cohesive approach will rope in more than few million customers into the health Insurance segment.