What Does IRDAI Regulating Body Do?
The Insurance Regulatory and Development Authority of India (IRDAI) is the highest authority that regulates and oversees the insurance sector in India. It was established in 1999 under the Insurance…
Posted inInsurance
Which are the 5 Best Insurance Companies?
Selecting the right insurance company is like picking the perfect pair of jeans – it just fits right and makes you feel good, right? It's super important because it's all…
Why PA Cover is Mandatory as per IRDAI?
Out of all the important coverages of IRDAI mandates in an insurance policy, personal accident coverage can help provide financial support to the person in case of accidental injury or…
How Motor Insurance Covers Electrical and Non-Electrical Accessories
Motor insurance provides coverage for your car in the event of a crash, fire, or theft, and it also covers electrical and non-electrical accessories fitted to your vehicle. Understanding how…
Comprehensive Car Insurance vs. Third-Party Car Insurance
Car insurance is a must and choosing the right policy is significant for insuring your car and saving your dollars. Car insurance is of two types, Comprehensive and Third-Party. They…
The Importance of zero/nil depreciation and RTI add-on cover
When it comes to protecting your car, it's important to understand your insurance options. Two very useful extras that can greatly enhance your coverage are zero/nil depreciation and roadside assistance…
How health insurance is helpful?
Health insurance serves as more than simply a safety net. It serves as a necessary part of the management of your overall health as well as your financial well-being, regardless…
Why IRDAI declared third-party insurance mandatory for motor insurance?
The Indian government introduced several laws to effectively police the financial sector, a move designed to protect the consumer on the one hand and ensure the financial stability of the…
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Understanding the Impact of IDV on Motor Insurance Premiums
When you buy motor insurance, IDV, in general, would mean Insured Declared Value. It is an essential component of your policy that helps reach a cost for you to buy…
Posted inBike Car Commercial Vehicle
Different Types of Number Plates Used in India
In India, car registration and number plates are vital for figuring out cars and making sure the vehicles are not used for criminal purposes. As of 2024, there are numerous…