Posted on 21-04-2021 by Admin
We are living in the digital age. We do not need to get out of the house to talk to loved ones or movie tickets or shopping. However, there are still many people who find it difficult to shop online. Especially in case of buying bank account or insurance, some people find it difficult to use digital medium.
Especially in case of buying bank account or insurance, some people find it difficult to use digital medium. The reason behind this is the reluctance of the people. If you too are feeling any such problem, then we are telling you that you can somehow win by moving ahead with this fear:
1) We have the experience that there is no need to buy insurance only by coming to the agent s breathtaking talk. When it comes to buying insurance online, the power is in your hands. You can get all information online. You can also find out which plan will suit you.
2) In online insurance policies, the premium is usually reduced. The reason for this is that you are buying the product directly from the company. Due to this, the company spends on the distribution channel. Many expenses of the company are saved in buying insurance online, due to which all the discounts are directly to the customer. This is the biggest advantage of buying insurance online. Apart from this, you can choose the insurance plan according to the premium.
3) Time is money, if you also trust this saying, then you can save time in buying insurance online. It is very easy to buy and takes a minor time compared to buying to go to office. If you buy an offline term plan, it is difficult to see it, while the online term plan can be accessed anytime.
For this, you can call 022 6827 6827. You can also send LICHELP <policy number> to 9222492224 by writing to this number. There is no cost for this. You can also get LIC policy information or status by SMS from mobile phone on the go.
The premium for liability insurance cover is calculated on the engine capacity (CC) of the vehicle. Comprehensive cover premiums are calculated on the vehicle s construction, model, type, RTO location, and the age of your vehicle.
General insurance includes property insurance for arson, theft etc., personal insurance such as accident and health insurance and liability insurance to cover legal liabilities.
First Party Insurance: First party insurance can be done with zero depth. In which everything is covered. under which the insurance company compensates 50 percent of the loss in case of an accident and the vehicle owner has to make 50 percent compensation.
According to the rules of IRDA, it is compulsory to take a third party cover of 3 years on taking a car and 5 years on taking a towler.
The Comprehensive Two Wheeler Plan is basically an insurance policy that provides coverage against the insured and third party liability. Comprehensive two wheeler schemes have additional features and benefits that the policyholder can avail as an additional cover.
The Third Party Insurance Plan is mandatory for all vehicles as per the terms and guidelines of the Motor Vehicles Act. It provides many types of benefits, it not only protects you but also helps in getting compensation to the other person.
2. Types of vehicle insurance by vehicle
Private Car Insurance
Commercial or Commercial Auto Insurance