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Trinamool Congress supports Gadkari’s demand to remove 18% GST from life, health insurance premiums
4 months, 3 weeks ago

Trinamool Congress supports Gadkari’s demand to remove 18% GST from life, health insurance premiums

The Hindu  

The Trinamool Congress threw its weight behind Union Transport Minister Nitin Gadkari’s demand for withdrawal of 18% Goods and Services Tax on life and medical insurance premiums. In a recent letter to Finance Minister Nirmala Sitharaman, Mr. Gadkari wrote that the GST amounts to taxing the uncertainties of life and restricts sector’s growth. West Bengal Chief Minister Mamata Banerjee, also …

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Fifteen easy ways to cut the cost of your car insurance - from using supermarket clubcards to dashcams -as the typical driver pays £511 a year
1 year, 2 months ago

Fifteen easy ways to cut the cost of your car insurance - from using supermarket clubcards to dashcams -as the typical driver pays £511 a year

Daily Mail  

As the price of insuring a car is now at the highest level since records began, a growing number of motorists are looking for clever ways to cut their costs. People who drove 6,000 miles a year pay around 8 pc less for their car insurance than those who drove 10,000 miles a year, according to a Go.Compare survey released …

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Auto Insurance Rules to Change: Pay Premiums as 'You Drive, How you Drive'
2 years, 5 months ago

Auto Insurance Rules to Change: Pay Premiums as 'You Drive, How you Drive'

News 18  

Gone are those days when you have to pay a fixed premium every year for your own damage motor insurance policy. “… as a step towards facilitating technology enabled covers, IRDAI has permitted general insurance companies to introduce the following tech-enabled concepts for the motor own damage cover: a) ‘Pay as you drive’, b) ‘Pay how you drive’, c) ‘Floater …

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How to save on car insurance: Ten tips to cut costs
3 years, 2 months ago

How to save on car insurance: Ten tips to cut costs

Daily Mail  

Drivers are being hit by a wave of sharp car insurance hikes at renewal time. When thinking about excesses on car insurance, it's really important to make sure you can afford to pay the total excess, should you need to claim. When quoting or buying a car insurance policy, it may seem like a good idea to increase the voluntary …

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Will travel insurance policies cover covid-19 if you travel abroad?
4 years, 4 months ago

Will travel insurance policies cover covid-19 if you travel abroad?

Live Mint  

International skies are finally opening up mostly by way of air travel bubbles to countries such as the US, Germany and France. If you are planning to fly abroad in the coming days, buying travel insurance could be one of the first things you might look at amid the covid-19 pandemic. While having travel insurance is a must to ensure …

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Madras HC Issues Notice To IRDAI On Plea Seeking Refund/ Adjustment Of Motor Vehicle Premiums During Lockdown
4 years, 5 months ago

Madras HC Issues Notice To IRDAI On Plea Seeking Refund/ Adjustment Of Motor Vehicle Premiums During Lockdown

Live Law  

The Madras High Court recently issued notice to the Insurance Regulatory Development Authority of India on a PIL seeking refund/ adjustment in the motor vehicle premiums paid by the insurance holders, pursuant to the nation-wide lockdown. He has contended that the subsequent lockdown notifications issued by the Union Ministry of Home Affairs resulted in an unprecedented and unorthodox situation, drastically …

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