What does a motor insurance policy covers?
Motor insurance policies cover against any loss or damage caused to the vehicle or its accessories due to the following natural and manmade calamities. Read more
Insurance Concepts
The scope of activities in sales situations
A typical day in a salesperson’s life includes making certain number of calls, opening of new accounts, analysing the account lost, if any, sales presentation, closing of initiated sales preparing daily reports and keeping records of transactions. It is worth while to throw somelight on the various activities and job performed by a salesperson. 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
Qualities of a Good Sales Personnel
Some people say salesmen are born salesmen while others believe that training can help in making good salesmen.
Irrespective of these opinions, good salesman has certain qualities and abilities as a result he is able to perform better than others. Read more
How about a top up health insurance?
With healthcare costs in India increasing at an exorbitant rate every year, it becomes mandatory to have a health insurance policy. However, most people usually take a health cover of approximately Rs 3-4 lakh for the family. Since this amount covers the entire family, this can fall short of your actual expenditure. Multiple ailments of family members, or even if a single member has to undergo hospitalisation many times can force you to dig into your savings to meet the expenses. This is where top-up health insurance plans can be used. Read more
Medical insurance: Why your city and profile are important
As medical expenditures are sky rocketing with every passing year, medical insurance is fast becoming a must for every household. As the need for healthcare insurance is becoming evident, almost all of us are faced with two questions – What would be the right health insurance plan for my family? And how much health insurance do I need? Read more
Motor Insurance: Forms of Motor policies available in India
The India Motor Tariffs, as amended in July 2002 provided for two types of Policy forms. These were: Read more
Motor Insurance: Various types of Motor insurance policies available in India
The India Motor Tariffs, as amended in July 2002 provided for two types of Policy forms. These were: Read more
Fire Insurance: Basic principles essential to Govern Fire insurance
The basic principles that govern Fire Insurance are:
Read moreMotor Insurance is a contract of Indemnity.” Discuss
The principle  of indemnity requires that when a loss arises  under an insurance policy, the loss must be made good in such a manner that financially the insured is neither better off nor worse off as the result of the loss. The object of this principle is to place the insured after a loss in the same pecuniary position as far as possible as he occupied immediately before the loss. Read more