GENERAL INSURANCE BLOG

The covid-19 pandemic put the whole world to a stop. Various global operations halted; people were panicking and clueless about the situation. And amidst all this, business suffered a huge loss until everything found a place, and there was some clarity which helped put a lot of functionalities back on track and slowly sped them up. To combat the widespread of the infection, organisations started offering their customers an option of "no contact deliveries" or "contactless services," which was a revolutionary step for the safety of their consumers.

Are you looking for information about any procedure that can be contactless and help you with your car insurance, for example, renewing it? It is essential to ensure that you update your car insurance policies on time to avoid extra penalties and avail of the full benefits without any hindrance.

In delayed renewals, it will be a tedious process to be able to claim and get the appropriate help and compensation from your designated insurance companies. So, it is vital to be mindful of your policies, your rights, the documents you might need, your premiums, and most importantly, the renewal dates of your insurance.

This blog will discuss the zero-contact process of buying and renewing car insurance.

1. What does the zero-contact process mean?

In the case of contactless insurance, you have a scope of purchasing the insurance without meeting any officials from the insurance company. The whole procedure involves digital methods for verification, details, and documentation through mobile apps, the website of the designated insurance organisation, video chat applications, etc.

2. What do you need to do as a consumer/potential customer?

You can compare and measure the benefits of various insurance policies from different companies, research the plans, the premiums, the coverage insurances provide, grace periods, renewals, add-on benefits, etc., before arriving at an informed decision and choosing the plan you want to purchase. And surprisingly, you can do all this from the comfort of your home, one of the significant advantages of contactless services. Thanks to technology!

3. How can you buy motor insurance online through the zero-contact process?

The online option will allow you to avail yourself of the zero-contact aspect of purchasing car insurance to protect your car against damages. You, as a customer, connect with the insurance personnel through virtual platforms. You may download the designated mobile application or go to the insurance company's website, choose the appropriate options, select the plan, upload the documents as per the instructions, and get them verified. For identity authorisation and verification, you might have to video chat with the official or to the developed chatbot, which will further provide instructions on how to proceed. You will have multiple options like UPI, net banking, cash, debit and credit cards, etc., to accomplish the payment process.

4. What are some benefits of contactless insurance?

You can avoid risks of covid-19 infections, online availability (24X7) in case of any queries and help, video calling options for a personalised touch, and zero commission services to avoid fraud or involvement of an untrustworthy third party. You also need to ensure the add-on benefits, get a customised insurance policy, set the desired Insured Declared Value (IDV), the zero-depreciation value, etc.

This was all about the zero-contact process to buy motor insurance online or renew an existing policy. We hope this information will help you understand the details of the zero contact procedure and why it is beneficial. You must keep the above-discussed pointers in mind and carefully consider them before choosing the policy. Also, avail the benefits and buy motor insurance online. This way, you not only ensure the safety of your car but also reduce the risk of infection by eliminating the physical visit to the insurance company or agent.

Click HERE to know more about how you can buy motor insurance online.

Disclaimer: The information provided above is for illustrative purposes only. To get more details, please refer to policy wordings and prospectus before purchasing a policy.

Ever wondered why you don't feel jolted every time you apply the brakes on your car or take a sharp turn to the side? It's all thanks to the car bushes.

Car Bushings are cushions made up of rubber, polyurethane, neoprene, or other materials. They're mainly mounted on car suspensions and steering joints. Their primary responsibility is to ensure no abrasions in the metal suspension framework due to the contact between them. They also give the driver maximum comfort by mitigating road bumps and controlling the degree of movement in the joints.

The car bushings are mostly made of rubber. Typically, rubber bushes are structured in the form of a cylinder between the two parts of metal. This rubber is usually vulcanised rubber.

Car bushes are essential for the smooth functioning of your car. This blog sheds some light on car bushes and their need in a vehicle.

Applications of bushes:

• Improves safety and comfort: Car bushings support the mechanism to make the ride comfortable for the passengers in the car. They are crucial in positioning and aligning various suspension and steering components.

• Reduces damage caused by vibration: Repeated vibrations can cause abrasions to your vehicle's suspension system, which contributes to its weakening. Car bushing minimises this wear and tear, thus increasing the car's life

• Making the ride less noisy: The rubber used in bushes can reduce vibrations and thus reduce the need for lubrication. This makes maintenance easier and simultaneously makes the vehicle less noisy.

• Bushing provides a stress-free and long life to the vehicle: Like cartilage in a human body, bushings protect the joints and connected parts of the car from shocks to the car. This increases the longevity of the car and the lesser probability of your car facing damages.

Advantages of using Rubber bushes:

● Rubber is the most widely used material in car bushes. As rubber is a readily available substance, it is inexpensive and readily absorbs most noises and vibrations transmitted by various objects.

● One of the main advantages of using rubber bushes as cushioning in vehicles is that it's never a bad fit for a vehicle. They are suitable for all types of vehicles and can be used as cushions for engines and gearboxes.

Disadvantages of using rubber bushes:

● Although very widely used, rubber bushes come with certain limitations. They tend to deteriorate when exposed to heat, air, and especially oils. Over long periods, this exposure can result in the rubber material cracking and wearing away.

An alternative to rubber bushings is ones made out of neoprene. It looks like rubber but is a synthetic substance derived from polymerising chloroprene. It is much more robust than rubber and is better suited to bushings. Neoprene can withstand high temperatures without physical damage.

While extremely simple in design, car bushings play a vital role in suspension systems where vibrations are problematic. They are significant and should be replaced timely to avoid abrasions in your car's system.

We discussed how car bushes can help you control your car's braking. Their applications can assist you in the smooth handling of your car and avoid the risks of accidents. However, the maintenance and upkeep of these integral parts can be daunting sometimes. The solution to this is to buy new car insurance. Ideal car insurance provides several benefits to avoid spending hefty amounts on car maintenance. The new way of budgeting while ensuring security can be possible by making the right investment.

Click HERE to know more about how to buy new car insurance.

Disclaimer: The information provided above is for illustrative purposes only. To get more details, please refer to policy wordings and prospectus before purchasing a policy.

Unfortunate events are a constant risk that one must always be prepared for. While you may have an optimistic view of the future, the financial implications of a mishap are always too heavy to burden. Online general insurance is a financial product that comes in the clutch in such uncertainties to protect policyholders after paying a comparatively meagre premium. With the demand for insurance growing daily, the insurance sector constantly evolves to provide better services, more values, stringent regulations, and preventive mechanisms to tackle fraud.

Initially sold as a safety mechanism, online general insurance policies are now seen as more than they offer at face value. They are seen as investments, tax-saving opportunities, and more. However, some policyholders try to take advantage of loopholes in the policy wording to derive the most significant benefit by defrauding insurance companies by resorting to means like improper disclosure of facts, misrepresentation, etc.

With the recent wave of digitisation, the insurance regulatory authorities are setting their foot down and laying the framework for a transparent and non-conducive ecosystem for insurance fraud.

The issue.
Over the years, the insurance sector has seen an extreme change, from witnessing the risk-averse masses to offering facilitative services like online general insurance that are convenient for consumers with the benefits of additional features.

However, over time, the scope of the policies is being misinterpreted, leading policyholders to purchase multiple covers to increase their net insured sum payout. This has been noticed especially in the case of online general insurance, where various policies from multiple insurers are purchased to enhance the total payout.

The primary concern in such a situation is that each asset has a fixed value determined by careful expert assessment and evaluation. After risk evaluation, the premium, coverage extent, etc., are decided. Policyholders purchase multiple policies to override this constraint on the payout and often do not disclose the same to the existing insurer.

Another reason that caused the lack of complete data availability with insurers is the intense and duplicate paperwork. Customers used to skip several essential fields due to redundant questions and excessive effort.

The solution.
During times of heavy dependency on paperwork, it was difficult for insurers to identify such cases until the point of raising a claim. However, with technological advancements and the onset of the digital era, the insurance sector is not left behind in upgrading its ecosystem to tackle such concerns.

The account aggregator system, which is now applicable for all non-banking financial companies, data sharing concerning customers' investments and savings is set to transform the information availability for insurance providers.

The account aggregator system will make all relevant data available to authorised bodies electronically. The use of e-insurance accounts (e-IA) will only facilitate the process. While the e-IA, a digital portfolio of insurance policies held by an individual, is for the policyholder's benefit, the aggregator system makes all the necessary data accessible in a few simple clicks to prevent over-insurance, fact-check disclosures, and reduce paperwork.

The concerns.
Anywhere that data sharing takes place is seen as a significant concern due to the constant risk of data leaks, especially when dealing with such confidential information. However, the RBI has already announced and laid the foundation for an institution to take care of data collection and protection to assure policyholders and protect their interests.

As we progress technologically, we will be in a better position to respond to the dynamic demand across various sectors, of which insurance is one. Policyholders must take extra caution while evaluating and purchasing online general insurance policies to ensure their safety and comply with the relevant regulations.

Click HERE to buy online general insurance.

Disclaimer: The information provided above is for illustrative purposes only. To get more details, please refer to policy wordings and prospectus before purchasing a policy.

Monsoons in India are the perfect season for wanderers to move out and explore places. With the slight drizzles and the perfect rainy-day playlist playing, it would be like a dream travel sequence come alive. And if you are a bike fanatic, you would agree that this weather is the perfect time to take your bike for a ride to get that much-needed break. Enjoy the valleys, the lush greens and the hills in the lap of nature, away from the chaotic hustle and bustle of the fast-paced city life.

Are you someone who lives around Mumbai or is planning to visit Maharashtra? If yes, we have curated the best places for you to make your road trip successful. This blog will discuss top destinations around Mumbai for a perfect bike trip in the monsoon. We have included all the details you need to check out and add that destination to your travel itinerary.

Whether travelling solo or with a companion, these locations will give you every opportunity you can grab to enjoy the rains and create memories for a lifetime. So, let’s get started!

1. Lonavala:

Lonavala has to be on our list and yours too. The forever obsession with the lush greens and the overall beauty of this place has not just mesmerised people in the state of Maharashtra but from every nook and corner of the country. You can take the old Mumbai-Pune highway to enjoy that bike ride you’ve been craving for.
And there is a list of beautiful places you can visit, starting with Korigad Fort, Rajmachi Fort (about fifteen kilometres from Lonavala), Tiger’s Leap, Lonavala Wax exhibition, Duke’s nose, Lohagad and much more! And, as Lonavala and Khandala are just five kilometres apart, you can head to Khandala and experience all the natural beauty of the valleys, waterfalls, etc., the place has to offer.

2. Mahabaleshwar:

The second most known and attractive destination in the Maharashtrian region is Mahabaleshwar. Being one of the longest driving routes near Mumbai, you can take your bike and let the wind do the talking. And if you are someone who always looks for a hint of adventure during their trips, then make sure to visit Panchgani (not very far from Mahabaleshwar) and grab the opportunity to experience paragliding.
Enjoy the surrounding views of the location wrapped in the foothills of nature from a height. The main attractions of Mahabaleshwar include strawberries and mulberries market, Three Monkey Point, Needle Hole Point, Wilson Sunrise Point, and much more.

3. Matheran:

The ride from Mumbai to Matheran is quite beautiful. Feel the calm and peace through your veins with a cold breeze against your skin. Unwind yourself while riding and feel energetic. As you reach Matheran, you will notice the absence of automobiles as the hill station is an automobile-free zone.
But don’t worry, you will have a lot of hand-pulled or horse-pulled rickshaws to take you around this marvellous and endowed with scenic locations which offer you the views of a lifetime. You can also plan to go on a trek to Matheran and have quality time with yourself or your company in the middle of the large trees and hills. The main attractions of this location include One Tree Hill Point, Louisa Point, Porcupine Point, Panorama Point, etc.

Other destinations making it to this list include Malshej Ghat, Durshet, Sula Vineyards, Pelhar Dam, Igatpuri and Alibaug. Remember that your bike is well serviced and has valid insurance to have a comfortable and memorable bike trip. Make sure to fit these important aspects into your travel schedule. While we are already talking about bike trips, purchasing the best two-wheeler insurance in India is a wise option to ensure your bike is safeguarded against all unforeseeable circumstances. The monsoon is here! Get your gear, pack your bags, and push the pedal towards serenity.

Click HERE to know more about the benefits of purchasing the best two wheeler insurance in

Disclaimer: The information provided above is for illustrative purposes only. To get more details, please refer to policy wordings and prospectus before purchasing a policy.