New Delhi [India], October 7: Where a car is parked can affect the kind of risk it faces even when it is not being driven. A vehicle kept inside a secure residential parking area may face different conditions from one left on a busy roadside or in an open public space. Parking does not decide […]
How to Calculate Interest Rate on a Loan When Comparing Borrowing Options
New Delhi [India], October 5: Knowing how to calculate the interest rate on a loan can make it easier to compare borrowing options and get a better sense of how much you are paying for access to the funds. Two loans with similar interest rates may not cost the same overall. Differences in loan amounts, […]
What Equity Investors Should Know About Using Loan Against Shares for Short-Term Liquidity
New Delhi [India], September 21: An investor may need cash for a business payment, medical expense or another short-term commitment while still wanting to hold shares for the long term. Selling those investments may not suit the investor’s plan or timing. In such cases, eligible shares can sometimes be pledged to borrow funds instead. Before […]
HDFC ERGO Urges Online Health Insurance Buyers to Look Beyond Premium Costs
New Delhi [India], September 1: Online medical cover has made comparison quicker, but a low premium alone does not reveal whether a product suits an individual’s actual healthcare needs. Through this discussion, HDFC ERGO highlights why informed consumers should consider protection, service support, hospital access and applicable conditions together. A balanced review helps people understand […]
Personal Loan in India: A Comparison Guide
New Delhi [India], August 21: Availing a Personal Loan is a convenient way to meet your financial needs almost instantly. You can use it for various personal needs like medical needs, weddings, home renovations, and travel. To avail a Personal Loan, you require minimal documentation and no collateral, making them the easiest option. Here are […]
The Complete Guide to Avoiding Car Insurance Claim Delays
New Delhi [India], August 18: You can reduce delays in your car insurance claim by reporting the incident promptly, preserving evidence, submitting complete documents, and following the insurer’s process carefully. Clear communication from the beginning helps prevent repeated queries and avoidable gaps. A claim may slow down when information is missing, repairs begin before inspection, […]
Alcohol-Related Claims in Travel Insurance: Important Exclusion to Know
New Delhi [India], August 14: Alcohol-related claims may be excluded when drinking contributes to an illness, injury, accident, loss or unlawful act during an overseas trip. Travellers should therefore read the intoxication clause before departure and understand how it may affect different sections of a travel policy during a foreign journey. The presence of travel […]
Bajaj General Insurance Launches MHCP EDGE Plus, a Flexible, Next-Generation Health Indemnity Plan with Coverage upto INR 5 Crores
Pune (Maharashtra) [India], May 19: Bajaj General Insurance Limited (formerly known as Bajaj Allianz General Insurance Company Limited), one of India’s leading private general insurers, today announced the launch of ‘My Health Care Plan Edge+’ (MHCP EDGE+), a comprehensive health indemnity solution designed to address rising healthcare costs and reduce out-of-pocket expenses through enhanced flexibility […]
A 2,124-Year Insurance Policy Triggers RBI Action, and the Launch of NYVO
New Delhi [India], February 10: A nationalised bank in Maharashtra sold a life insurance policy to a 90-year-old man. The annual premium was ₹2 lakh. The maturity date of the policy was the year 2124. This was not a hypothetical case or an isolated error, it happened. The Reserve Bank of India has since taken […]