PolicyKlub is a licensed broker. Which means we are paid a commission for each insurance policy we sell, by the insurance companies. Does that mean you pay anything extra, other than your insurance policy premium? Nope. The commission is paid for by the insurer and not by you, the customer.

Does the commission make us biased for or against any insurance company? The answer is simply no, we cannot be biased as a broker. A broker is a customer's representative and is always for the customer and not for the insurance company.

PolicyKlub is a licensed broker. Which means we are paid a commission for each insurance policy we sell, by the insurance companies. Does that mean you pay anything extra, other than your insurance policy premium? Nope. The commission is paid for by the insurer and not by you, the customer.

Does the commission make us biased for or against any insurance company? The answer is simply no, we cannot be biased as a broker. A broker is a customer's representative and is always for the customer and not for the insurance company.

PolicyKlub is a licensed broker. Which means we are paid a commission for each insurance policy we sell, by the insurance companies. Does that mean you pay anything extra, other than your insurance policy premium? Nope. The commission is paid for by the insurer and not by you, the customer.

Does the commission make us biased for or against any insurance company? The answer is simply no, we cannot be biased as a broker. A broker is a customer's representative and is always for the customer and not for the insurance company.

In India, a health insurance is something that pays for hospitalizations, medical expenses incurred for an
in-patient, sometimes out-patient and for the treatment through alternative modes like Ayurveda, etc.

• The first health policies in India were Mediclaim Policies.

Health insurance premiums are determined after taking into consideration factors like age, family medical history, pre-existing medical conditions, body mass index and smoking habits, among others. Additionally, the type of coverage, sum insured and members covered under a policy have an impact of the premiums payable.

To encounter such financial hardships to treat critical illnesses, it is essential to introduce something called as ‘Fixed Benefit Health Insurance Plans’. These plans take care of two major expenses such as hospital room
charges as well as the entire cost of the surgery. But, remember these plans do not pay the expenses that
include pathology, radiology and medical consultation.

Its required by law to do so. Secondly, you get covered for all damages to your vehicle, or if it gets stolen.

There is no difference in insurance coverage across companies, although prices do vary. Some companies offer Zero Depreciation covers, which are usually more expensive, and offer full coverage of parts and replacement.

Motor Insurance is very simple.

• Always look at buying regular coverage or Zero Depreciation covers
• Look at car value to be insured. Most insurers use standard formulas – also called Insured Declared Value. This is the value for which your insurance is valid.
• The actual Premiums vary from company to company – but the coverage is standard and exactly the same. So going for the cheaper option is always sensible.
• Some of our customers are particular about adequate Cashless Garages in their locality that each insurer have tie-ups with.

Though they are talked about in policy, this is just a handy list for your convenience:

• Claim form appropriately filled (before submitting do a Xerox and keep)
• Photocopy of the vehicle RC along with the original for verification
• Authentic approximation of loss (Make an extra copy and file it)
• Payment receipts and repair bills (always keep a photocopy with you)

Getting a new insurance policy for your old bike is a child’s play. Things you need are:

• Earlier insurance copy
• Registration certificate

Your bike insurance premium depends on the following factors:

• IDV or Insured Declared Value
• Location/Place of Registration
• Bike Model/Type/Variant
• Voluntary Deductible
• Type of Insurance Cover
• Engine Capacity CC
• Fuel Type - Petrol or Diesel

The three major benefits of buying taxi insurance online are:

• It is a quick and easy way to compare various taxi insurance policies from different insurance companies.
• The benefit of getting many discounts that are only available online.
• Smooth and simple procedures and claim-settlements.

​Yes, No-claim bonus can be transferred while changing your taxi insurance provider. An NCB certificated needs to be issued to be provided to the new insurer. It depends on the number of years for which you have not made any
claim. You cannot earn NCB on third-party damages.

Yes, you can opt to cover for passengers while buying a taxi insurance.

You can compare multiple policies and choose the best plan that appeals to you on the basis of these points:

• Coverage: Evaluate the coverage offered against the premium you would​ ​pay.
• Claim Settlement Ratio: Make sure to check on the reputation of the insurance company in disposing claims and the speed of settlement.​
• Customer Service: Check the competence on how they will handle travel emergencies in different geographical locations and time-zones.​
• Exclusions and Deductibles: Know what's not covered in the policy. Remember that most insurers set a deductible amount, to be paid by the traveler during an emergency.

​E​v​ery insurance company that offers Travel Insurance has a network of​ i​nternational assistance companies or
partners who offer assistance in​ c​ase you need any help in a foreign land. They usually mention their contact
​ numbers in the respective policy documents.

They provide round-the-clock assistance. Register a claim. Coordinate with l​ocal service providers. Arrange for medical assistance. Organize for r​epatriation & evacuation services.

Travel Insurance Policy makes sure to cover most of all the major concerns of the traveller, including medical
emergency expenses, medical evacuation, and loss of baggage, flight cancellation and delays.

Most of these policies are designed keeping in mind the various unforeseen events that may lead to a financial
loss of the customer before or after the j​ourney begins.

These are a few suggested options that a beginner can invest in:

• Mutual Funds
• Bonds or Fixed Income Plans
• Life Insurane

You can invest in low-risk investments, like Bank ​Fixed Deposits, Money Market Funds, Corporate Bonds,
​Mutual Fund etc.

Top investments with higher rate of return are:

• Direct Equity
• Initial Public Offer (IPO)
• Equity Funds: Small and Mid-Capital Plans
• Equity Linked Savings Scheme
• Mutual Fund