Category: Insurance
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What Does Comprehensive Car Insurance Cover?
Comprehensive auto insurance has a head-scratching name because it’s far from “comprehensive.” It pays for a very specific set of problems. If you have a car loan, your lender likely requires it. And if your car is paid off, you likely want it even if you’re an excellent driver. That’s because comprehensive coverage pays for problems that…
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Should You Buy Travel Insurance And Is It Worth It?
Travel insurance makes sense if you want to protect the amount of money you’ve laid out for your vacation. Without it, you’re also taking a big gamble if you get sick or injured while you’re away because provincial health plans don’t offer the same coverage outside of Canada. But you might be hesitant to add…
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5 Key Reasons Why Every Small Business Needs Insurance
Are you looking to start your own business? Have you thought about business insurance? Small business insurance is one of the most important and beneficial steps you can take to protect you and your business. Small businesses of any kind—food trucks, wedding photographers, estheticians, caterers, and everything in between—are susceptible to risks that can carry a…
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How to avoid troubles in motor insurance claim settlement
Motor insurance is a way to avoid financial strain in the face of an accident or damage involving a vehicle. It can cover the cost of repairs or replacement of the vehicle and any medical expenses incurred by the driver or passengers. In a heavily populated country such as India, where the occurrence of road…
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Demystifying Payroll in India: Inclusions, charges & best practices
Are you tired of struggling with Payroll-related complexities? We hear you! With so many variables to remember, it can be difficult to ensure that your employees are being paid accurately and in compliance with all the rules and regulations. But don’t worry; we’ve got your back! We’ve put together an article that will demystify Payroll…
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All You Need to Know About Insurance Types, Portability & Its Benefits
Introduction to Insurance and its Importance Life insurance is an essential product that protects your family in the event of a tragedy. However, many people tend to go without it. The majority of Indians do not possess life insurance, which is very necessary to protect your loved ones to fight inflation and rising costs when…
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How flexible are Unit Linked Insurance Plans or ULIP Plans
Unit Linked Insurance Plans (ULIPs) are a type of insurance product that combines insurance coverage with investment opportunities. ULIPs are a popular choice for people who want to invest their money and secure their future while also enjoying the benefits of insurance coverage. One of the key benefits of ULIPs is their flexibility. ULIPs offer…
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HDFC ERGO launches ‘All Things EV’ platform for present and future EV customers
HDFC ERGO General Insurance Company has launched ‘All Things EV,’ a one-stop solution portal for electric vehicles (EV). In line with the Government of India’s push for electric mobility, it said this initiative caters to the needs of existing and potential EV users. A dedicated platform has been launched by the company as part of…
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Difference between ULIP vs. Term Insurance Plan
Even an item as basic and clear as term insurance keeps on drawing correlations with more contemporary and complex instruments like ULIPs, which adds to the disarray of new insurers. If you also are contemplating whether to put your savings in a ULIP or buy a term insurance plan instead, here’s everything you need to…
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What is a ULIP (Unit Linked Insurance Plan)?
The abbreviation ULIP, also known as Unit Linked Insurance Plan is a product that combines investment and insurance. Policyholders can choose to pay their premiums every month or annually. In this plan, while one portion is used to provide life insurance coverage, the rest is invested. The investments in these plans are exposed to the…