News
Why climate change is quietly pushing up your home insurance bill
11+ hour, 2+ min ago (490+ words) If your home insurance premium has gone up and you cannot link it to anything you did, climate change is likely the reason. Insurers now assume that extreme weather is part of normal life. That shift has changed how policies…...
Govt mulls natural disaster risk insurance pool, home and finance officials met February 27
15+ hour, 41+ min ago (14+ words) Govt mulls natural disaster risk insurance pool, home and finance officials met February 27Moneycontrol...
Buying a home? Know why mandatory RERA insurance matters
2+ week, 5+ day ago (334+ words) A group of homebuyers recently approached the Karnataka RERA tribunal after a fire damaged part of their building and they were unable to access the insurance documents needed for repairs. The builder had failed to provide the Section 16 insurance papers…...
Mobile protection plans explained: Coverage, claims and peace of mind
4+ mon, 3+ week ago (480+ words) Did you buy iPhone 17 or any other device that cost you a heap? It makes sense to get it protected. The phone warranty will cover you for any manufacturing defects but if you drop your it and break your screen…...
Can you lower your health insurance premiums by reducing the base sum insured?
5+ mon, 2+ week ago (402+ words) Flexibility offered by insurers Each health insurer in India allows change of the sum insured, including its decrease, but generally only at renewal of the policy. Mid-term changes are never provided. The insurer may also review your claims history and…...
Does motor insurance cover fire damage caused by a non-company fitted accessory?
6+ mon, 1+ week ago (367+ words) What happens when an insurance claim is denied due to a short circuit in a non-original equipment manufacturer (OEM) accessory? Today's Ask Wallet-Wise query addresses the coverage of such parts under standard motor insurance policies even when electronics are installed…...
If a tree falls on my car due to heavy rains, will that be covered under my insurance policy?
6+ mon, 3+ week ago (265+ words) Nature can be unpredictable, and so can its impact on your parked car. Here's whether your insurance will cover damage if a tree falls on it during heavy rains or a storm. Moneycontrol's Ask Wallet-wise initiative offers expert advice on…...
Will 20% ethanol blending with petrol impact your car insurance premium?
7+ mon, 5+ hour ago (376+ words) With the government's push towards greener alternatives, India is steadily moving toward E20 fuel'a mix of 20% ethanol and 80% petrol. This shift aims to cut emissions and reduce dependence on fossil fuels. However, vehicle owners are asking an important question: Can this…...
Claims paid ratio: Why life insurance policyholders should be aware of this crucial metric
7+ mon, 1+ day ago (705+ words) In times of uncertainty and chaos, life insurance is more than just a financial product; it's a promise of trust. As the insurance industry grows, the claims paid ratio (CPR) stands out as a crucial measure for anyone buying a…...
Life and health insurance mistakes even smart investors make
7+ mon, 2+ week ago (468+ words) If you think that, as an Investment Advisor, insurance is something I should be indifferent to " or view as an inefficient or unsuitable product to be advised against " you would be dead wrong. And the reason is simple. Insurance, at…...