Building — Sum Insured Estimator Area × Construction Cost per sq.ft + GST (18%). Not sale value or depreciated value. Land excluded. Built-up Area (sq.ft) Current Construction Cost per sq.ft (₹) Calculate Building SI Plant & Machinery — Sum Insured Estimator (Without GST) Based on current new replacement cost incl. logistics & installation. GST normally…
Underinsurance (Average Clause) Claim Impact Calculator Estimate underinsurance percentage, deduction and final claim payable. For awareness purposes only — actual claims depend on policy terms. Sum Insured (₹) Replacement / Reinstatement Value – Full Asset Value (₹) Repair / Replacement Cost of Damage (₹) Approx. Salvage Value (₹) Calculate You may also be required to…
IRDAI mis-selling regulations in India aim to prevent misleading insurance sales and protect customers. Learn how these rules may impact policyholders and insurers. IRDAI Mis-Selling Regulations in India — A Consumer Protection Push The IRDAI mis-selling regulations in India are being strengthened to reduce misleading insurance sales and protect policyholders from financial loss. Mis-selling occurs…
Cyber Insurance: In our interconnected world, where technology and data fuel our daily lives, the threat of cyberattacks and data breaches has become a pressing concern. As cybercriminals employ increasingly sophisticated techniques, individuals and organizations must take proactive steps to protect themselves. Thus insurance plays a crucial role and Cyber insurance has emerged as a…
In today’s digital world, cyber threats are increasing in frequency and sophistication, making cybersecurity insurance an essential safeguard for businesses of all sizes. From ransomware attacks to data breaches, organizations face significant risks that can lead to financial losses, legal liabilities, and reputational damage. Cybersecurity insurance helps cover these costs, ensuring businesses can recover swiftly…
Confused about home insurance? Discover how Bharat Griha Raksha Policy protects your home from fire, floods, earthquakes, and more. Learn what’s covered, what’s excluded, and how to file a claim without rejection. What is Bharat Griha Raksha Policy? The Bharat Griha Raksha Policy is a standardized home insurance policy introduced by IRDAI (Insurance Regulatory and Development Authority…
Confused about choosing between Bharat Griha Raksha, Sookshma Udyam, and Laghu Udyam policies? This in-depth comparison explains who should buy these policies, their coverage, exclusions, and benefits to help you make an informed decision. Understanding These Three Policies 🏡🏭🏢 Insurance plays a crucial role in protecting homes and businesses from fire, natural disasters, theft, and…
In today’s digital world, cyber threats are increasing in frequency and sophistication, making cybersecurity insurance an essential safeguard for businesses of all sizes. From ransomware attacks to data breaches, organizations face significant risks that can lead to financial losses, legal liabilities, and reputational damage. Cybersecurity insurance helps cover these costs, ensuring businesses can recover swiftly from cyber…