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Source: Live Mint An insurance distributor has suggested that I pay the premium to them instead of the insurance company. They are offering attractive premiums. What measures can I take to ensure I am not cheated? – Name changed on request Under the law, insurance premiums can only be paid to insurers. It’s illegal for…
Source: Business Standard 2 min read Last Updated : Oct 01 2024 | 4:46 PM IST Car insurance provides financial backup in case of accidents, theft, and damage. Renewing it in time is important, and failure to do so can lead to penalties, loss of financial protection, and increased premiums. Click here…
Source: Live Mint The motor insurance industry is undergoing a transformation driven by rapid technological advancements, evolving consumer expectations, and the global shift toward sustainability. With the rise of electric vehicles, AI-powered claims processing and shared mobility, these emerging trends are reshaping the landscape of motor insurance. As the industry adapts to these changes, insurers…
