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Insurance Quest

What is the time limit to file an insurance claim for vehicle theft with the insurance company?

What is the time limit to file an insurance claim for vehicle theft with the insurance company?

When it comes to filing an insurance claim for vehicle theft with an insurance company, it is generally recommended to file the claim as soon as possible after the incident occurs. Most insurance companies require policyholders to report a theft claim within a certain time limit, which can vary depending on the specific insurance policy … Read more

LIC’s Premium Collection for Fiscal Year 2023 Surges 17%, Maintains Market Dominance in India’s Insurance Sector

LIC’s Premium Collection for Fiscal Year 2023 Surges 17%, Maintains Market Dominance in India’s Insurance Sector

Life Insurance Corporation of India (LIC) has recorded a growth of 16.67% in total premium collected for fiscal year 2022-23, reaching a total of ₹2.32 trillion from ₹1.99 trillion in the previous fiscal year. This makes LIC the largest insurance company in India, with a market share of over 62%. The private insurance sector has … Read more

Changing Your Medical Insurance Policy: Is It Worth the Switch? This video will explain you everything about it.

Changing Your Medical Insurance Policy: Is It Worth the Switch? This video will explain you everything about it.

If you are planning or thinking about switching your medical insurance policy , this video is for you. Are you thinking of switching your medical insurance policy? In this informative video, we’ll walk you through the potential benefits and drawbacks of changing your current policy. While the process may be tedious and time-consuming, switching policies … Read more

Your Ultimate Guide to Life Insurance: Types and Importance Explained!

Your Ultimate Guide to Life Insurance: Types and Importance Explained!

Hello to all! Welcome to our video , where we will be discussing the different types of insurance and their importance. Insurance is a crucial aspect of managing personal and financial risks, and it is important to have a good understanding of the various types of insurance available. By knowing the different types of insurance, … Read more

Vacationing Without Travel Insurance? Don’t Make This Costly Mistake!

Vacationing Without Travel Insurance? Don’t Make This Costly Mistake!

Summer is a great time to plan a vacation and explore new destinations. Whether you are travelling within your own country or abroad, it is essential to be insured against unforeseen events that can quickly deplete your funds. That’s where travel insurance comes in. In this blog, we will delve deeper into what travel insurance … Read more

Understanding SFSP Policy: Transferability and Terminations

Understanding SFSP Policy: Transferability and Terminations

The Standard Fire and Special Perils (SFSP) policy is an insurance policy that provides coverage for damage or loss caused by fire and special perils such as floods, earthquakes, and storms. While this policy is generally taken for a period of one year, there may be situations where a short-term policy is needed, and the … Read more

Air India Secures $10 Billion Insurance Coverage for Fleet Expansion Plans and Invests $600 Million in IT Systems and Refurbishment.

Air India Secures  Billion Insurance Coverage for Fleet Expansion Plans and Invests 0 Million in IT Systems and Refurbishment.

[ad_1] Air India and its subsidiary, Air India Express fleet, have chosen Tata AIG General Insurance and other insurance companies to offer insurance coverage amounting to $10 billion. The national carrier will be charged a premium of $30 million (Rs 246 crore) for the upcoming financial year starting from April 1, which remains unchanged from … Read more

Major Insurers Zurich and Munich Re Withdraw from Net-Zero Insurance Alliance.

Major Insurers Zurich and Munich Re Withdraw from Net-Zero Insurance Alliance.

[ad_1] In a blow to the efforts to mitigate climate change, two of the founding members of the Net-Zero Insurance Alliance (NZIA), Zurich and Munich Re, have announced their withdrawal from the group. The NZIA comprises 30 insurance and reinsurance firms, which account for roughly 15% of the worldwide premium volume, representing a significant portion … Read more