Having a car insurance is as essential as having a car. In accordance with the 1988 Motor Vehicle Act, it is mandatory to purchase vehicle insurance when you buy a car in India. It is always advisable to pay close attention when you purchase vehicle insurance.
Here are some common mistakes to avoid when buying a car insurance.
Purchase a policy with the lowest premium rate
You should not consider a vehicle policy, not just because of its lowest premium. You should consider its offers and the benefits you get from the police. The company offering the lowest premium may not always be reliable.
Many prefer to buy an insurance...
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}Streets and roads are not the exclusive domain of motor vehicles. In some areas, it contains cyclists as well as pedestrians. Prioritizing safety for everyone is paramount. Increased awareness of cyclists’ presence fosters a culture of mutual respect and caution. We can create a safer and more inclusive environment by respecting all road users and advocating safety measures.
The Do’s for Cyclists
Cyclists should heed the following tips to prevent accidents:
Wear proper safety gear: Always wear a helmet and reflective clothing to increase visibility and protect yourself in case of accidents.
Follow traffic laws and signals: Obey traffic...
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China’s National Financial Regulatory Administration (NFRA), the financial industry regulatory agency under the State Council of the People’s Republic, is continuing to promote Hong Kong as a venue for insurers and reinsurers to sponsor catastrophe bonds.Speaking at a conference...
Highlighting the still wide-range of uncertainty in insurance market loss estimates after hurricane Milton, catastrophe bond investment manager Icosa Investments AG has noted that...
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Specialist investment manager Twelve Capital has said that it anticipates the increased demand for catastrophe bonds to persist and that while market spreads may...
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Choose a good car insurance company
Sometimes, no matter how careful you are, an inevitable disaster strikes - usually in the form of an accident. Make sure that your car will be repaired to the best standards by looking for...
When a hurricane is on the way, you have to act fast.
While you’re making an evacuation plan or stocking up on bottled water, the last thing you want to be thinking is, “Will my insurance cover what happens after...
American Family Mutual Insurance Company (AmFam) has returned to the catastrophe bond market for now the fifth year in a row, with a target this time to secure $175 million in protection from this Four Lakes Re Ltd. (Series...
Hurricanes can be among nature’s most destructive events.
Atlantic hurricane season runs from June 1 to November 30, though storms can take place outside of those dates. Take steps to minimize damage and speed...
Your agent is best positioned to advise you when they have all the facts.
Your local independent insurance agent is prepared to create a personalized coverage plan tailored to meet your and your family’s...
(From left to right: Michael F. Thomas, Executive Vice President, Glenn Insurance; Susan Sykes, Senior Commercial Lines Underwriter, Glenn Insurance; Tim Glenn, President, Glenn Insurance; Claudia Ratzlaff, CEO, Avanzar; Cheryl Tamasitis, Associate Vice President, Nationwide; and Ross Setlow, Territory...
Last Updated on January 25, 2021 by admin
There has been much media coverage of the Supreme Court Judgement made on the 15th January 2021 regarding the FCA Test Case involving some insurers business interruption wordings. Understandably this has caused...
You don’t need to be a millionaire to leave a meaningful legacy to your loved ones. Here, how to begin thinking of your legacy, and how to begin building it now, in both monetary and value-based waysby Anna Davies...
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Just as you would before any important purchase, do some research before buying insurance.
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New Jersey Doesn’t Require Boat Insurance. Get it Anyway.May 26, 2022May 26: Closing at 12:00pmMay 25, 2023
Capt. Richard I. Risely, Union Army, Civil War. He is Tim Glenn’s Great, Great Grandfather.
We at Glenn Insurance support our men and women...
Last Updated on March 17, 2021 by adminTemporarily Closed Holiday Letting Properties – Updated 17th March 2021We appreciate the significant impact that government measures to control the spread of the coronavirus is having on all businesses, not least self-catering...
Last Updated on June 11, 2024 by adminFull length, written fire risk assessments, covering all aspects of fire safety, have become a legal requirement for properties offering sleeping accommodation to paying guests from the 1st October 2023. This means...
Health insurance plans each have their own rules, benefits and drawbacks. These can be tricky enough to work out when you're buying health insurance for just yourself, but when you're looking for a plan to provide employee benefits, a...
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Since ChatGPT was released just over a year ago, business leaders in nearly every industry are increasingly investigating the potential uses of artificial intelligence (AI). Although AI may be the buzzword today with approximately 10,000 new AI...
Does commercial general liability insurance cover independent contractors? This common question can puzzle many business owners in Florida, where the use of independent contractors is rising. Let’s simplify:Essentially, a standard CGL policy may not automatically cover independent contractors.Businesses can...
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Car insurance is a necessity for every driver, as it provides financial protection in case of accidents, theft,...