Blogs

1. What is Under-Insurance & its relevance In simple lay man’s language- under insurance is declaration of value for insurance lower than its actual value by an Insured person. This is important because in case a property is insured for lower value, any loss occurring under the policy is reduced...

1. Debris & its removal- relevance Debris in simple terms means the waste material of a building/ machinery etc, which has resulted from an accident. It is easy to understand that unless this is removed from the site of accident, no repair/ replacement work can be undertaken. Another aspect that...

Inbuilt cover means coverage which insurance cover which is attached to the main policy and does not need to purchase by paying extra premium. In this blog, we will talk about accidental damage inbuilt cover which comes included in the industrial all-risk insurance policy. Industrial all risks policy not only...

What is a room rent in Mediclaim insurance policy? Group Medical or health insurance policies provide comprehensive coverage. When choosing a health insurance policy, it is vital to go with a policy or insurer which offers maximum coverage. Having said that, the coverage in the policy is subject to certain...

Pre-existing disease clause in the health or medical insurance policy is defined as a medical condition which is present in a person before the inception of the medical insurance policy. Usually, when buying health insurance, the insurance companies ask to get a medical test done of the applicant to evaluate...