GENERAL INSURANCE BLOG

Buying a car, be it new or used, is a big event for any family because who doesn’t want to enjoy the perks that come with your car. However, while investing in a second-hand car, it is essential to make sure that there a specific set of documents that are always there with you. Here are all the documents that are required for buying a used car from a private seller: -

Insurance Documents you intend to continue the existing insurance policy, it is important to check the private car insurance documents thoroughly for the vehicle. Once you are satisfied, then the insurance policy must be transferred to your name. This process must be completed before the sale takes place. You must make sure if the previous premium was paid regularly or not and the claim history of the seller, along with the expiry date of the policy. There should be a clear concept about the terms and conditions that have been mentioned in the documentation.

• Registration certificate is an important document since the engine number, and the chassis number is mentioned in this. The buyer should check the state in which the vehicle was initially registered since you might move to another state, and such details are crucial.
• Invoice and service book should be an invoice for the car purchase that must be handed over to you as a buyer. While this may be tough if you are buying it from an individual buyer, since only established companies provide that, you can always ask for a formal receipt to state the same. The service books are yet another important component that must be passed on since it provides the servicing history of the car and gives a better idea about the condition it was purchased in. A car that has been serviced at regular intervals has a better chance of being in a better condition.
• Road tax receipts is paid only once, that is, at the time of registration of the car by the first owner; however, if this hasn’t been paid, then it can accumulate into significant penalty over the years wherein it can occur on the latest owner too. The road tax in various states varies a lot and usually oscillates between 2 to 18 per cent, and it is the primary responsibility of the seller to provide with the receipt.
• Bi-fuel kit certification the vehicle has been retrofitted with a CNG or LPG kit. You must ask for a registration certification wherein both the fuel-types have been endorsed along with the no-objection certificate provided by the RTO, stating the same. These documents are required mandatorily when you subscribe to Private Car Insurance In India . This fuel kit usually has a guarantee of 5 years from the time it was fitted to the vehicle, and you must ensure to ask the seller about the purchase receipt of the kit too.

These are some of the vital documents that must be secured when buying a car from a private seller as they help in preserving buyers rights. Moreover, having original copies of these documents comes handy in the future as well.

Health insurance marketplaces in India have been created to reach out to customers with different insurance schemes, which are customized to cover the needs of people with various needs. These health insurance marketplaces are also referred to as aggregators of insurance products as they bring together different insurance companies and their offers. There are different insurance companies and insurance providers that provide the audience with various schemes that they can choose suiting their needs. These marketplaces are designed in such a way that people can compare multiple plans extremely easily and hence select the best one for them. Many people find these marketplaces to be extremely convenient as they can help you find the best insurance policy for yourself.

• How These Marketplaces FunctionAs mentioned
• How These Marketplaces FunctionAs mentioned above, these marketplaces are insurance product aggregators and bring together different insurance companies and providers who bring forth their various insurance offers.
• They then tie-up with different insurance brokers who provide them with information about the price, benefits, etc. The marketplaces then display this information on their websites.
• People can refer to this information and see the different offers and finally decide on which health insurance plan they want to opt.
• Usually, such marketplaces don’t charge anything for the information and offers that are provided on their websites.
• Benefits Of Health Insurance Marketplaces
• The main aim of health insurance marketplaces is to provide their audience with the kind of health insurance plan that best suits them. They do their best by bringing in multiple insurance companies and hence numerous insurance plans. This gives customers different plans to choose from as per their requirements.
• A significant benefit is being able to compare various insurance plans and then choosing the right one, so you don’t miss out on anyone.
• Usually, these marketplaces are found online; this enables you to analyze a specific insurance company over the online reviews and ratings it has received as well.
• Marketplaces being online has another benefit as you can renew health insurance online as well.
• Also, the procedure included is swift and quick, and you don’t need to spend too much time doing it.
• As the feedback that these health insurance marketplaces got was excellent, several prominent insurance companies have started providing marketplace customers better offers.
• If you have any doubt, almost all insurance aggregators have 24 into seven customer service where you can get all your questions cleared and then move ahead with a clear head.
• You can be assured that if you choose a renowned insurance marketplace and a good insurance company, you will have nothing to worry about in terms of the policy. These insurance marketplaces are incredibly safe and can provide you with all the assistance you need in terms of health insurance.

With the fast-developing technology and world, we need to move fast and smart as well. Health insurance is essential and can be of enormous help if required. Medical bills are not easy to cover, but health insurance can help you. The benefits that you can avail through a marketplace are proof that health insurance marketplaces can help you find the right insurance for you and your family and allow you to renew health insurance online as well.

Many times it is when we have come across a mourning family who have lost their near and dear one due to heart disease. The question of what will happen next to the grieving family immediately turns up. Any heart disease is a fatal health crisis that must be tackled the right way through the correct information. Subscribing to a HEALTH INSURANCE POLICY FOR A FAMILY is a must in today’s world, but even more important is to analyze and avoid the factors that lead to heart diseases and hence, must be treated at all costs. Here are some of the most common factors that lead to heart diseases include: -

• High and low HDL (cholesterol)
• Uncontrolled high pressure
• Physical stagnancy
• No control over diabetes
• Smoking
• Inadequate diet
• Consumption of alcohol
• Obesity (especially with a BMI greater than 25)
• Presence of high C-protein

How can one treat these components?

Following are some of the most common ways in which you can quickly get a grip over the health of your heart and get a better understanding of its importance: -

• Say no to smoking Smokers are always at a risk of heart attack and usually twice at the risk of suffering from heart disease compared to non-smokers. They are most likely to die from it, too, since they are exposed to a high level of tobacco.
• Fight cholesterol The total amount of cholesterol is directly proportional to the risk of facing heart disease. The ideal total cholesterol goal should be around 200mg/dl. The interpretation and understanding of cholesterol levels must be considered along with the various risk factors that persist for heart disease. An ideal diet is the one which is low in cholesterol and has saturated or trans fat, along with high complex carbohydrates since it automatically reduces the risk for heart disease.
• Keep a tab on the blood pressure High blood pressure is one of the most common ways of suffering from a heart attack. Most adults say about one in every three suffers from systolic blood pressure. Like cholesterol, even blood pressure must be individualized as a unique component in analyzing the risk factors. Blood pressure can be controlled through regular exercise, weight management, and checking on the consumption of salt.
• Fight diabetes Diabetes is one of the fatal factors that can lead to intense damage to your heart. A sedentary lifestyle must be given up for a more active one, where exercise is one of the most integral parts of your daily routine. Even activities like gardening and morning walks are extremely helpful in keeping diseases at bay. More vigorous activities are associated with higher benefits such as aerobics and swimming, but it is always good to keep an advisor in the loop.
• Eat right and sleep well Increase your intake of nutrient-rich food, especially content which has a high number of antioxidants and has proven themselves to lower the risk of heart disease. Nuts, fruits, and vegetables are also essential to maintain your diet. Indulge in some anger management techniques and practice yoga or mediation to experience the benefits. Give your body at least 7-8 hours of proper sleep.

All these steps are important, but it is also essential to buy a health insurance policy for family, which will always safeguard them in the direst of situations.

You always try to do a lot for the happiness and wellbeing of your family. A house does not become a home without family members. Taking care of the house and the family members is a prior concern, and there are a lot of measures that can be taken to ensure the safeguarding of precious assets and the house as well.

There are some necessary measures that a normal person takes to safeguard his/her house from unwanted calamities. But an uncontrollable fire that is caused by some internal reasons like any electrical faults due to poor wiring or due to cooking gas leakage is not much predictable. Similarly, some external factors like spreading of fire from outside (mainly locality), or fire caused by lightning can’t be controlled and are also unpredictable.

To ensure the backup against any such accidents, you must opt for a relevant insurance cover from a fire Insurance Company. Different fire insurance companies offer policies to cover several types of losses caused by accidents related to fire.

Role of fire insurance companies and the coverage they provide

A fire insurance company provides fire insurance that is a kind of property insurance that covers damages and losses caused by fire. This fire insurance helps the homeowner cover the cost of replacement, repair, or reconstruction. This insurance provides coverage against loss or damage to any structure damaged by fire. It is important to note that the insurance company’s liability is limited by the policy value and not by the extent of damage sustained by the property owner.

Most policies provide coverage even though the fire originated from inside or outside the house. The policy will reimburse the policy owner on either a replacement cost basis or an actual cost value (ACV) basis for damages. The policy owners must document the property and its contents to simplify the assessment of items lost or damaged during a fire.

Losses not covered by the fire policy

Any loss due to fire caused by earthquakes or by any invasion acts of any foreign enemy, civil strife, war, riots, military rising or rebellion, or nuclear risks. The fire must be accidental and not intentional.

Other preventive measures to avoid house fires.

The inspection of the heating sources in the house, especially in the kitchen, must be done correctly. The gas stoves and the gas source or supply pipe must be turned off safely after every use.

In case of low or high voltage supply in the house, high power-consuming devices such as washing machines, water geysers, air conditioners, and irons must be switched off immediately as any electrical fault may lead to unwanted spark and eventually a fire. Maintenance of electrical devices must be done regularly, and any old bulky power-consuming device must be taken care of.

Storing flammable products safely is another critical point. Cosmetic products like shaving creams or gels, perfumes, deodorants must be stored properly so that they don’t become potential fire spreading agents.

Making candlelight dinner at home brings a beautiful feeling, but, care must be taken that the candles are adequately fixed over a strong base, and they don’t cause any unwanted accidents. Also, in situations of load-shedding, the use of candles must be done correctly and with the utmost care. Installing fire extinguishers at home is a good practice; it will surely be helpful to suppress any small fires which may become huge if not controlled.