What Is Insurance Excess? Insurance excess is the amount you must pay out of pocket before your insurer covers the remaining claim. It helps discourage small claims and keeps premiums economical. Definition Term Meaning Insurance Excess / Deductible The portion of every claim paid by the policyholder before the insurer contributes. Types of Excess Type…
Stay updated with the latest insurance news in India as the sector undergoes major reforms, including 100 percent FDI proposals, the launch of Bima Sugam, rising cyber threats, market growth trends, and new consumer-friendly court rulings. Read this detailed, easy-to-understand analysis to stay ahead. Latest Insurance News in India: What’s Changing and Why It Matters…
Insurance can be a confusing and overwhelming subject, especially for those who are just starting to learn about it. If you’re looking for a simple and easy-to-understand explanation of the basics of insurance, this video is for you. In this video, we’ll cover the most important concepts and definitions related to insurance, including what insurance…
Discover the different types of motor insurance available and learn how to safeguard your vehicle against flood damage. Explore essential coverage options, recommended precautions, and valuable add-ons to ensure comprehensive protection for your valuable asset. Introduction: Motor insurance plays a vital role in safeguarding your vehicle against unforeseen risks, including natural disasters like floods. It…