Tips to be considered for a buying a Group Mediclaim Policy

1. Composition: 1.1 Employees only: The welfare and well being of the employees definitely affects the work atmosphere. It is the basic necessity to  nsure employees for medical emergency for a start up organization or an organization of a limited size. Covering only employees is a very cost effective mode of passing on the benefits to them. Recommended where[…]

Increase in STFI premium rates

Increase in STFI premium: STFI i.e. storm, tempest, flood, inundation cover premium rates in Standard Fire & special perils policies have been increased w.e.f. 1st March, 2016 by 50% to 140%: Premium rating of STFI and Earthquake perils under Fire, Fire Loss of Profit, Industrial All Risk, Annual Engineering and Project policies was reviewed last time in 2012 and[…]

Motor Insurance Add-on

WHAT is an ADD- ON cover? Motor Insurance Add-on provides additional covers on payment of additional nominal premium, in the vehicle insurance policy, which is otherwise not covered. While insurance is thought as a recurring annual expenditure by some, but sometimes having standard comprehensive car insurance is not sufficient enough hence various add-on are increasingly becoming necessary extension[…]