India is a country with different landscapes, including mountains, plains, deserts, plateaus, islands, and coasts. Exploring each part of India, right from snow-capped Himalayan mountains to spectacular sun-kissed beaches of the south, can be a marvellous experience. While you enjoy the beauty of nature, ensuring safety is also paramount. Unforeseen events during the trip can […]
Articles Tagged: Travel Insurance
Buying travel insurance Plan? Here’s a checklist
Given the present scenario, travel may be off-limits, however, one thing that Covid has emphasised is the risk of contracting the virus during long flights seem to be higher. It is always scary to fall sick in a foreign country, more so with an infection that requires isolation. Most insurance companies extending travel insurance responded […]
Who should buy a Group Travel Policy?
A person responsible for a group’s travel plans, a group of students going for studies to some foreign country and even the employers can buy a Group Travel Policy. It can provide adequate travel insurance to friends, family, classmates, colleagues, etc. traveling together as a group. Here are a few groups/organizations that can buy a […]
Insurance e-commerce norms take shape
Published in Mint on Jun 21 2016 The world is moving online and so should the way you buy the most important instrument in your money box: insurance. To help build an online platform for insurance, the Insurance Regulatory and Development Authority of India (Irdai), earlier this month, drafted the Insurance E-commerce Regulations (http://bit.ly/28KdHMg ). […]
Indian health plans’ sum assured may be inadequate abroad
Published in Mint on May 24 2016, Written by Abhishek Bondia I am going on a Europe tour next month with my family and my travel agent is pushing me to buy travel insurance. I have a family floater policy, which gives me and the family global coverage. Do I need to still buy the travel […]
No-claim bonus from company’s name can be transferred to you
Published in Mint on 11th Nov 2014, Written by Abhishek Bondia I have a Rs. 1-lakh health insurance cover from a private sector insurer and want to increase my cover to at least Rs. 5 lakh. Is it better to stay with the same company or should I look for a new insurer? —Thomas Cherian […]
No-claim bonus is linked to the owner and not the vehicle
Published in Mint on 9th Dec 2014, Written by Abhishek Bondia I plan to buy a second hand car and the owner has not renewed the car insurance. When I buy the car, should I take a new insurance plan or continue with the existing one? —Kavitha You should buy a new car insurance policy. […]
Disclose all facts accurately in mediclaim proposal form
Published in Mint on 24th June 2014, Written by Kapil Mehta I am a 50-year-old male. I was a smoker for about 20 years, till the age of 45. Do I need to disclose this while purchasing a health cover? What effect will this have on the premium? —Puneet Ishrat Be as precise as possible […]
Packing for trip? Don’t forget insurance
Published in Mint on 19th May 2018. In between all the shopping for your next holiday abroad, don’t forget to take adequate travel insurance along with you. You get a travel insurance cover for both domestic as well as international trip. It is important to get an insurance cover for international trip as a medical […]
Before insuring expensive jewellery, insurers get it inspected by independent valuers
Published in Mint on 5th March 2018. Written by Abhishek Bondia I bought jewellery worth Rs25 lakh from a reputed jeweller about 3 years ago. I want to get this insured. How will this jewellery be valued? Will it be valued on the tag price or will the insurer get them valued? I have heard […]