Why your EV insurance premium is costlier and features you must have in EV motor insurance policy
Electric vehicle insurance premiums are notably higher than those for traditional cars due to EVs' higher purchase prices and costly battery replacements. Specialized parts, the need for trained technicians, and limited repair networks further contribute to increased costs. Comprehensive policies with battery protection, zero depreciation, and roadside assistance are crucial for EV owners to mitigate potential financial burdens.
Pahalgam tragedy: LIC announces special window for death claim settlements, how to file a death claim with LIC
Pahalgam Terror Attack: Life Insurance Corporation of India has expressed grief over the loss of lives in Pahalgam and announced a special window for expedited death claim settlements. Check details
Nearly 50% people underinsured for health, have less than Rs 5 lakh cover: Study
While 48% have less than Rs.5 lakh health insurance, 19% don’t know how they’ll fund a critical illness, claims a recent study by Policybazaar.
Higher motor insurance premium this year if more than 2 traffic challans levied last year? Here’s what experts say
Proposed rules linking traffic violations to higher insurance premiums are under consideration at present. Stricter rules for traffic violations are also being proposed. Experts anticipate that premium pricing might involve a tiered model based on pending challans, potentially using telematics for risk assessment. However, there are valid concerns regarding inflated premiums in cases where challans have been erroneously and wrongfully generated.
Budget 2025: Govt extends Ayushman Bharat health cover to 1 Crore gig workers
The Budget 2025 announces that gig workers will now be eligible for healthcare under the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB-PMJAY). This move addresses gig workers' lack of income security and access to medical services, and recognizes their contribution to the economy.