Bajaj Allianz
Sales: 1800-209-0144   |   Service chat: +91 7507245858

Components of Motor Insurance

28

Jun, 2013

Components of Motor Insurance

By: | Tags: , , , , , | Comments: 3

IDV: IDV means Insured’s Declared Value. It is deemed to be the ‘SUM INSURED’ for the purpose of tariff calculation and is usually fixed at the commencement of each policy period for each insured vehicle. IDV is calculated by adjusting the current Manufacturer’s Listed Selling Price(*see below) of the vehicle with depreciation percentage listed in the table below: VEHICLE % OF DEPRECIATION Not exceeding 6 months 5% Exceeding 6 months but not exceeding 1 year 15% Exceeding 1 year but not exceeding 2 years 20% Exceeding 2 years but not exceeding 3 years […]

READ MORE
6 Reasons Why Travel Insurance is Necessary

12

Jun, 2013

6 Reasons Why Travel Insurance is Necessary

By: | Tags: , , , , , , , , , | Comments: 1

Travelling abroad is always an exciting experience, but it comes with its own risks. While one can trust in planning and their ability to handle emergencies, foreign countries are very expensive when it comes to most things, especially medical emergencies. Why risk ruining your vacation for something that could be taken care of easily via travel insurance? In this article, we tell you the 6 reasons why an overseas travel insurance is absolutely necessary for anyone travelling abroad and how to buy travel insurance online. 1. Cost of Travelling without […]

READ MORE
Don’t Let Critical Illness Affect Your Finances

7

Jun, 2013

Don’t Let Critical Illness Affect Your Finances

By: | Tags: , , , , , , , , | Comments: 2

According to studies, cancer ranks as the second most deadly chronic ailment, expecting to cause 12,181,000 deaths worldwide by the year 2030 (source: Global Burden of Disease-WHO). However, with appropriate awareness and timely treatment, a lot of these deaths can be prevented. One of the main reasons why cancer may fail to get treated is the exorbitant cost of treatment. In this case, a basic health insurance plan can help relieve this burden only partially by covering hospitalization costs along with pre and post medical expenses. Such a plan may […]

READ MORE
Types of Health Insurance Covers

17

May, 2013

Types of Health Insurance Covers

By: | Tags: , , , , , | Comments: 0

A health insurance cover is the primary Medicare need for people. With the rapidly inflating costs for treatment, a health insurance policy acts as a lifeline when you fall ill. Health insurance policies come in several forms, and each fulfills a different function of financial aid. A composite health cover will consist of one or more of these policies, so that you are protected thoroughly against financial risk caused by an illness or accident. It is important to know about types of health covers, so that you can choose the […]

READ MORE
Components of a Health Insurance Policy

17

May, 2013

Components of a Health Insurance Policy

By: | Tags: , , , , , , , , | Comments: 0

It’s not enough to just get a health insurance policy. It is also important to know what the different terms in the policy mean and what they do for you. Let’s start with some of the basic terms that you must know about: Sum Insured – Simply put, this is the amount of cover that one can opt for. This is the maximum amount up to which the insured can get benefits in the event of a claim during a single policy year. How this works: Let us suppose that […]

READ MORE
Travel Tips for a Stress-Free Holiday!

16

May, 2013

Travel Tips for a Stress-Free Holiday!

By: | Tags: , , , , , , , , | Comments: 2

Going abroad for a vacation? Excited, but at the same time worried about the many things that can go wrong? It’s easy to have a stress-free holiday abroad, just keep these 10 tried-and-true travel tips in mind wherever you go: 1. Check your overseas medical services: Any country you travel to, find out how the medicare system works and the procedure for getting a doctor’s appointment. In some countries, it is not as simple as walking into a doctor’s clinic. Ideally, before traveling you need to ensure that you have […]

READ MORE