Published in Mint on Nov 12 2013, Written by Kapil Mehta I own a car which is used only in my farm and we do not take it out on the roads. Can I get this car insured? If so, what will be the cost of premium? —Akhilesh You must insure your car. It is mandatory […]
Articles Tagged: Motor Insurance
New rules to protect policyholders
Published in Mint on 11th July, 2017 The Insurance Regulatory and Development Authority of India (Irdai) has notified new rules to protect policyholder’s interest. You can read the full notification here. While the regulations work towards ensuring that insurers settle all kinds of claims on time by defining the penalty on delays, there is much […]
It is not mandatory for you to have a driver’s licence to buy a motor insurance policy
Published in Mint on March 26, 2017, Written by Abhishek Bondia We have a vintage car in the family which is in the name of my grandfather. He is 78 years old and we will not allow him to renew his license to drive a car. We cannot sell the car and don’t want to […]
Installing CNG kit in diesel car attracts additional premium
Published in Mint on October 30th, 2013, Written by Kapil Mehta Some insurers may ask you to have the CNG kit registered on the vehicle’s RC. I plan to install compressed natural gas (CNG) system in my diesel car. My car is insured. Will the cover be enough? —Dhruv Mahajan The existing cover will not […]
Cashless facility is available only in the network hospitals
Published in Mint on Jan 21 2014, Written by Kapil Mehta I plan to buy a health insurance plan. I prefer cashless policy and would like to buy a Rs.3 lakh policy. However, while I was researching for a good policy, I found that the company I like has very few network hospitals in the area […]