News

Published Date

What should you do if your car is broken into? - Economic times

04 March, 2010

Suppose you have gone out for lunch or for meeting someone and upon return, you discover that the window of your car is broken and your car stereo or some other valuable accessory is missing. Such a break-in/theft which has become quite common nowadays - can not only leave you feeling insecure, but can also be a drain on your finances. Here are a few tips to handle a break-in: ...

Published Date

Insurance industry fears tax on unrealised gains, wants change - Money control

01 March, 2010

This Insurance companies have been requesting the government to make changes in the first schedule of the Finance Act 2009. which was amended and which suggests a levy of tax on unrealised gains. This is one of the many points, the insurance industry wants Budget 2010 to address. Ajay Bimbhet, Managing Director, Royal Sundaram Alliance Insurance Company Limited, lists his as well as...

Published Date

Getting a good resale value for your old car

02 February, 2010

Depreciation on the value of a vehicle is the bane of every owner and the obvious reason is that it is the biggest cost, which becomes evident only when it is time to sell the vehicle. It is a factor that used car buyers manipulate to their advantage and car owners dread. Market value of a vehicle is basically fixed by the age of the vehicle and the distance covered. When the new...

Published Date

Eyesight, education to be new drivers for motor insurance premium

21 November, 2009

Insuring your car? Get your eyes checked and your education certificates in order. With tariffs open to free pricing, general insurance companies have started building a database to capture this and other data that will be linked to premiums over the next two years. To start with, the companies are building a database for commercial vehicle drivers because they tend to put in more ...

Published Date

Insure safe future with creditor protection plans - The Economic Times

16 November, 2009

THIS is a tear-jerking scene that's been done to death in India cinema, irrespective of whether you're talking of Bollywood or Tollywood: A gentleman with a huge loan liability dies. After the funeral, his wife and children are hounded by people from the bank. With no options to pay back the outstanding debt, the house is seized by the bank and the family is forced out onto the...