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Latest Articles in motor insurance
ICICI Lombard Rejigs Motor Insurance Portfolio In The First Quarter Of 2023-24
In Q1FY24, the motor GDPI for the general insurer stood at Rs 1,875 crore, showing a 5.3 per cent growth compared to Rs 1,782 crore in Q1FY23
Read MoreMotor Insurance Add-ons Worth Exploring
A blessing in areas that are prone to flooding (such as Mumbai), the Engine Protection add-on covers consequential damage to your engine that may arise due to water ingression – a common occurrence in areas that receive heavy rainfall
Read MoreWhat You Need to Know About ‘No Claim Bonus’ In Motor Insurance
A no claim bonus in motor insurance gives you a special benefit by reducing the car insurance premium
Read MoreIrdai Imposes Rs 15 Lakh Penalty On Bharti AXA General Insurance Company
Irdai has imposed a fine of Rs 5 lakh on Bharti AXA for violation of the guidelines which prohibit payments, directly or indirectly, to the motor insurance service provider or any of its associate company.
Read MoreWhat You Need To Know About ‘Zero Depreciation’ In Motor Insurance
The cost for a zero-depreciation add-on cover will be approximately an additional 15 per cent over your comprehensive motor insurance policy premium. However, this additional premium can be of help since the amount you can save during claims will be higher than the cost of the add-on.
Read MoreCan Small-Sized Insurance Plans Potentially Change The Insurance Landscape In India?
For a generation that makes up 45% of the Indian workforce and previously stood by the maxim of living life as it comes, these times could act as a catalyst in increasing adoption rates for small-sized, customer-centric insurance offerings.
Read MoreTechnology Is Increasingly Becoming All-Pervasive In Insurance Business: Roopam Asthana
In an exclusive interview with BW Businessworld, Roopam Asthana, CEO and Whole-time Director, Liberty General Insurance, talks about growth and future of the insurance industry in India.
Read MoreMotor Insurance 101
The most critical factor that should influence your purchase decision is the claims experience that the insurer provides
Read MoreMotor Insurance Add-ons That Are Worth Considering
Here are a few add-ons that you should consider incorporating into your policy, no matter their impact on the overall cost
Read MoreKotak General Insurance Eyes Rs 200 Crore Total Premia in FY 18
The private sector general insurer is targeting a three-fold increase in business in terms of policies to 3 lakh from the current mark of around 1 lakh within the next couple of years.
Read More