Marriage could be a licence for cheaper car insurance premium

Don’t be surprised if the insurer asks for a higher motor insurance premium if your daughter or son drives the car. But there could be a relief on the premium if you own a flat or are well educated or even just married. Reason: Insurers say married people drive more safely, while education and flat ownership gives them comfort that the insured is stable. Read more

A motor insurance policy does not indemnify the loss or damages caused by a drunk driver

Recently an incident was reported in media wherein a lady who was allegedly under the influence of alcohol banged her car into traffic policeman, as well as a biker whom the traffic policeman was checking. Sadly, both died in this unfortunate accident. Not only she, there are many such instances have been highlighted by the media in the past. Read more