If you are diagnosed with a critical disease, then its treatment would be very expensive and may require intensive care and hospitalisation which your comprehensive insurance plan may not cover. In such type of cases you have to pay the cost of the whole treatment.
Apart from rail mishaps, the coverage would take care of terrorist attacks and accidental fall of a passenger from a train and normal accidents, riots, robbery and dacoity
Public general insurance companies to collaborate for speedy settlement of claims
Online policies are cheap because there is no agent's fee involved, other administrative costs of the insurance company are lower and, most importantly, these use the latest statistics for calculating premia.
Cyber crimes caused by the insured's employees also get covered under the policy but would exclude the actual perpetrator.
As monsoon picks up, be ready to drive through water-logged areas and mushy roads. Since motor accidents typically see a rise during rains, motor claims also move up.
The cutback on export credit refinance facility is another step towards a shift away from sector-specific liquidity allocations.
I would advise at least a 7 year investment time frame for Equity Investing
After the policy gets paid up, opt for ETI plan if you wish to extend your life cover or take the reduced paid-up if you need cash in hand
Many people struggle to claim or liquidate investments and insurance policies due to procedural issues.
The industry's reactions to the Budget have been mixed.
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