GENERAL INSURANCE BLOG

Since the onset of the pandemic, there's nothing that we've been waiting for like a vacation. A quick getaway to relieve the stress induced by hectic schedules and some time to enjoy being outdoors with family is all that people have been looking forward to. Now that the mandates are relaxed, it is the perfect time to take your family on a beach trip!

There's no better way to take a beach trip than going by car. Long drives, beautiful sceneries accompanied by great music, and memorable conversations are the ideal start for a perfect beach trip. However, there are several factors that you need to ensure before taking out your car on a beach trip. Maintenance and servicing of the car are crucial to prepare it for such long-distance trips.

You must also ensure that you have a car insurance policy. Now, why is that important? It is essential for safeguarding your vehicle from uninvited events and putting less pressure on your pockets on account of repair and maintenance. The best way to buy car insurance is by purchasing online. You can find the best car insurance price in India and compare policies to find the best-suited policy for your car.

Once your car is insured, you can follow the tips stated below to ensure your vehicle is ready for the beach trip.

1. Sun protection:
Humans are not the only ones that suffer under high heat. If you're planning to take a beach trip in your car, your car is bound to be outdoors for long hours. In such cases, it is likely to heat up and be suffocating for the passengers. Use sun shields and UV protective window tints on windows and cover seats and the steering wheel with thick clothes to keep them covered from the heat.

2. Pack efficiently:
Use duffel bags instead of suitcases. This helps in making efficient use of storage space in the trunk. Do not overpack and bring extra bags that may be required to be kept in the passengers' seats. When stacked too high on each other, they may obstruct the driver's vision of the rear traffic.

3. Beach-proof your car:
While you cannot minimise or eliminate the heat or sand at the beach, you can take preventive measures to deal effectively with them. Waxing the car body is a way to keep it cool and prevent it from overheating. It also prevents any flying sand from sticking to the car. You can also gloss your tyres to protect them from the heat.

4. Be prepared for emergencies:
Travelling while the temperature is high usually puts your car at risk of punctures or problems related to overheating. In such cases, you need the right equipment to take care of the damage until you can find help. Ensure you have your tool kit, including necessary equipment like a jack, wedge, lug wrench, etc.

5. Protect your floor:
The most irritating part of going to beaches is dealing with the sand that comes home with you. You can find plastic mats or lay large beach towels on the seats, under the seats, and on the floor to prevent the sand from getting everywhere in your car. While you will need a thorough inside cleaning, it will reduce the effort required to deal with the problem.

6. Car maintenance:
While car maintenance is imperative on all occasions, it is particularly needed before taking the car on long drives. Check the essential fluids- brake, engine oil, and coolant levels. Also, check the tyre pressures, brakes, lights, fuel, and air conditioning.

At the same time, ensure that you have all the required documents in the car. This includes the PUC, insurance papers, driver's licence, and registration certificate. Ensure that you compare the car insurance price in India offered by different companies and choose a comprehensive cover. If you're planning a trip after a long time, plan it with all safety so that you are enjoying and not worrying. Stay hydrated and take care of kids while playing on the beach. Most importantly, cherish peaceful family time together and capture beautiful memories that keep you musing always!

Click HERE to know more about the car insurance price in India.

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.

The startup culture has expanded its roots across the world. Today, entrepreneurship is a position every career-driven, and ambitious individual aspires to achieve at some stage. People have been more creative and technologically inclined to create new products and services which cater to the public's demands while trying to forge their name through the sands of time. But an entrepreneur's life is not all glitter.

It isn't easy to be an entrepreneur. Dealing with different moods, mindsets, and health issues, including physical and mental health, apart from the usual stresses and challenges of the startup journey, takes a considerable toll. We advise all talented minds to buy health insurance online to safeguard their health.

It is highly excruciating to keep walking the same beat and set a precedent for others to stay motivated, despite one's personal, lesser-known challenges. As a new founder, you have to battle wars on several fronts, and most of the time, you need a win to keep your and employees' morale high. But how does one take care of themselves in this arduous journey?

This blog will discuss what an entrepreneur's guide to best self-care and healthy living should be like. Let's get started.

1. Healthy eating, healthy living:
Healthy food gives your body the accessible space to digest and churns out the nutrients that would help you boost your happy hormones, keep you light on your feet and provide your body with all the nutrition.
And we all are aware of the famous saying, "a sound mind lives in a sound body." The healthier your body, the healthier your mind. And the healthier your mind functions, the more productive and focused you can be on your dreams and targets.

2. Drink that water:
Staying hydrated is one of the essential things you need to do to keep yourself on track during your entrepreneurial journey. Consuming the right amount of water at regular intervals throughout the day boosts the blood flow, keeps your skin and oral hygiene on point, benefits the movement of the joints and muscles, and regulates your kidney and bladder function. So, water is a liquid with numerous benefits. Set that water reminder, and get going!

3. The importance of mindfulness:
Being completely focused and present at the moment is not just an artsy quote. It is one of the most critical ways to sort out the chaos that is a regular part of your journey. Making mindfulness a crucial part of your life and self-reflecting can help you become more efficient and productive.
It will also aid you in freeing up space since you will be more effectively focused during your tasks and eventually have time to take care of yourself and enjoy life as it comes. Activities like meditation and deep breathing help reduce stress, inducing calmer vibes and the atmosphere within and around you.

4. Make a to-do list:
As someone setting up a business, you will not have the liberty to take frequent vacations and days off. It would be best if you showed up every day to ensure that your colleagues and employees stay on track and can learn commitment and values of integrity and creativity from you. So, to stay at the top of your game, you need to make a to-do list and segregate your
tasks and estimated hours required to complete the work required. Doing this will give you clarity, and you can make some time which you can dedicate to yourself and practice activities of mindfulness or sports or anything which takes your stress off.

Inculcating these tips in your lifestyle and practicing them will help you approach your journey efficiently and healthily. With that being said, it is essential to discuss how health is an integral part of anyone's journey, and there can be unforeseeable circumstances due to which your health can take a hit. To deal with such situations, you must stay prepared.

You need to purchase the best health insurance that caters to your needs. And to suit your comfort, you can buy health insurance online these days. After all, entrepreneurs are the frontrunners of the economy!

Click HERE to know more about how you can buy health 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.

Are you a pet lover who wants to take your pet dog out for an adventure? With pets becoming closer to hearts than ever before, it's understandable to take your puppy with you for a motorcycle ride. This idea no doubt excites all dog lovers, but can this endeavour be a safe thing to do?

Let's understand why taking your tailed friend on a bike ride cannot be a good idea even though you might feel like trying it.

1. Determining the best way to take your pup on the motorcycle:
Motorcycles are risky machines if not driven with care. Even some human beings are skittish on them; similarly, only some dogs will be comfortable on a bike. After checking with your vet about any health conditions that might be aggravated by your pup being on a bike, use all resources to learn about whether your furry friend can be on a bike or not.
Consider the personality and temperament of your dog, as well as its age. If your dog is prone to startling you by jumping at the nearby cat it saw, it is probably not a good idea to take it out on a ride.
Also, bikes were never designed to fit the purpose of pet travel. Although, several bikers find locations on the bike that seems perfect for lodging their pet dog. Understand that fuel tanks or handlebars are not the places to make your dog sit and ride with you. You might also think of attaching a side carrier, but know that sidecars or carriers are open, and what if your dog tries to escape from it midway?

2. Training it to be comfortable around and on a bike:
Most dogs are nervous around loud noises. You must have observed how your dog hides under the bed in the event of firecrackers bursting or thundering. Most motorcycles also have a startling sound that might scare your dog. Although, you can fix this by making your dog accustomed to the sounds and vibrations the bike produces. Still, even a slight discomfort or frustration during the ride can make things challenging. Your dog can get panicked and angry. This can be daunting for you to handle your dog and avoid any chaos on the road or disturb others.

3. Overloading the bike:
Bike journeys are always an adrenaline booster and a good stressbuster and travelling with your pet might elevate this to the next level. But what might seem an exciting thought might turn into a disaster due to the unpredictability of your dog's nature and the lurking possibility of an unexpected incident.
Also, you will have to plan everything your dog might require for the ride, such as its bowl, food, a leash, treats to keep it satiated, and a warm blanket in winter. Knowing that your bike can withstand a limited load and burdening it with your and your dog's essentials will impact the performance of your bike throughout the trip.

It is crucial to understand and accept that bikes are not dog-friendly machines. Building a strong bond with your pet is a nice gesture but not this way! This act can put several lives in danger.

Planning a bike trip with your pet might take a lot of effort, but you can live your passion for bike riding by frequently setting out on bike tours, either alone or with your other biker friends. But ensure that you have the safety gear and essential documents handy before planning your trip. Check out for your 2 wheeler insurance renewal or buy a new 2 wheeler insurance online if you don't have one. Making the right purchase will handcraft you a safer and more immersive riding experience!

Click HERE to know more about 2 wheeler 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.

Body gestures are a great way to communicate and express our feelings in addition to verbal communication. They are a great confidence booster and help us succeed in negotiations and win hearts.

However, not all body gestures leave a positive impact. Sometimes, unknowingly, we may adopt body gestures that may seem inappropriate to others. They may interpret a negative impression on the people around us and even make them uncomfortable and doubtful about us. As a result, we may lose out on negotiations and contracts due to such negative body gestures.

But, how can you differentiate between positive and negative gestures? Let us have a look at a few of such body gestures that may leave a negative impact.

1. Crossing arms across the chest or behind your back:
People tend to instantly notice crossed arms across your chest, whether you are standing or sitting. It gives an impression that you are annoyed, defensive, stubborn, and not open to communication. Crossing your arms behind your back means you want to cut the communication. Sometimes it also shows your lack of confidence, anger, or nervousness. Avoid these body gestures, especially if you are in the middle of an important negotiation or a meeting.

2. Slouched shoulders:
You should avoid slumping your shoulders or such posture in public. Poor posture conveys that you are irresponsible and lack confidence. People start doubting your ability to accomplish tasks. A straight posture can do wonders in public by giving a strong statement about your personality.

3. Avoidance of eye contact:
Eyes convey messages that even verbal communication cannot. Avoiding eye contact conveys that you are not interested in talking or do not want to associate positively with the person in front of you. It shows that you are not confident and maybe being dishonest.
Also, looking down or staring at your phone while talking to someone leaves a negative impression. It conveys that you are not attentive and don’t want to be a part of the conversation. Always maintain proper eye contact while talking to anyone. It helps to build a positive connection and keeps the person in front of you engaged in the conversation by acknowledging him with constant eye contact.

4. Improper use of objects:
People tend to hold an object in their hands while talking to someone. The constant clicking of a pen or fidgeting with some object in your hand during a conversation or a meeting can be distracting and annoying. Such gestures also show your lack of confidence, anxiety, and nervousness. The best action is to keep the object down or keep holding the pen without clicking it.

5. Proper spacing:
Getting too close to the person in front of you while talking is considered intimidating and disrespectful. It may result in the person in front of you backing off or ending the conversation midway. Always maintain an arm’s length distance with the person you’re talking to, especially if you are strangers or share a formal relationship.

6. Overuse of body gestures:
Overuse of anything is bad. Similarly, if we overuse our body gestures like, excessive use of hand movements can also leave a bad impression in the minds of people around us. It can make us look anxious and clueless. Always have proper control of your body gestures and do not overuse them.

The quicker you understand what gestures are the best for you, the better you will ace your personal and professional communications. Just like how positive body gestures can give you the confidence to tackle all situations, similarly maintaining good health can keep your body energetic at all times. Our well-being significantly impacts postures and gestures.

It becomes paramount for you to ensure that your health remains in the best shape, and the ways to achieve this are a good diet, proper sleep, regular exercise, and health insurance. Health insurance, how? Well, health insurance can protect you from the finances against uninvited adversities. Buy the best health insurance in India and make your life less stressful and more confident.

Click HERE to buy the best health insurance in India.

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.

Bikes are nothing short of an adventure on two wheels. While they have always been highly preferred in the Indian market due to their convenience, relative inexpensiveness, and ease of learning and riding, bikes are also doubling as a means of thrill providers over the last few decades.

With the varied topographical diversity in India, adrenalin seekers that enjoy motorbiking have found new joy in off-roading. While taking your bike on the road not commonly taken may give you momentary exhilaration, keeping your safety in mind before taking on such adventures is essential. Purchase a bike insurance policy that covers accidents resulting from such extreme sports.

Before getting started on your off-roading journey, consider purchasing these add-on covers to your bike insurance –

1. Engine protection:
The bike's engine is quite literally the heart of the machine. Ensuring it is in excellent condition is essential, especially when taking on challenging terrains. Since off-roading involves steep and rocky inclines, it puts tremendous pressure on your bike's engine. This makes it more likely to break down and leads to high engine repair costs. This add-on provides coverage for all expenses allied with engine repairs and maintenance.

2. Zero depreciation:
Wear and tear is a natural occurrence, and your bike is no exception. Usually, in case of raising a claim, the insurance company only admits a partial amount of the insured sum after factoring in the depreciation costs of the bike parts. However, buying a zero-depreciation cover can help you receive a higher claim amount than in the absence of such cover, making it easier to finance the cost of replacing bike components.

3. Theft of personal belongings:
Unlike regular riding, dirt biking requires special equipment that enhances the rider's safety. Such personal belongings are often expensive and require additional care to maintain. In case your riding gear gets stolen, a personal possessions cover can help you recover the insured sum or the cost of the stolen assets, providing peace of mind and financial security.

4. Roadside assistance:
Breakdowns may be frequent, even for regular bikes used for standard conveyance purposes on paved roads. Harsher terrains inevitably lead to greater chances of bike breakdowns due to multiple uncontrollable factors and mechanical failures. In such emergencies, it is necessary to have a backup plan to rely on. A roadside assistance cover provides reassurance of help in unforeseen conditions, making it a key requirement to purchase.

5. Outstation emergency cover:
The outstation emergency cover is necessary for off-road biking enthusiasts who enjoy long-distance biking adventures away from their residences. Generally, most bike insurance companies state the scope of coverage to be outside a 100-kilometre radius from the place of residence stated in the policy papers.

Can you buy specific bike insurance for your dirt biking adventures?

If you are a beginner to the sport, you may think of purchasing the above-stated add-on covers as a hassle and wonder why not buy an all-inclusive dirt biking insurance policy to protect your bike. Whether you intend to use a regular motorcycle for adventure sports or own a dirt bike, most insurance companies in India do not offer specific off-roading bike insurance. However, you may get comprehensive bike insurance that provides extensive coverage for your bike.

As the activity gains popularity, we expect the Indian insurance industry to adapt to the changing demand and provide suitable security cover for adventure activity. Until then, if you wish to take on the thrilling activity, we urge you to purchase the requisite add-on covers to make your bike insurance policy's coverage comprehensive for your needs.

Click HERE to buy bike 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.

Brain power is directly affected by several nutritional factors that enrich our body through the food we eat. Proper nutrition intake helps to boost our cognitive well-being. Our brain constitutes merely 2% of our body weight but consumes almost 20% of the overall energy utilisation. Hence, it is always searching for nutrition, and it becomes our duty to fulfill this need.

Is there any particular nutrient that can boost your brain power? You will be surprised to know that magnesium plays a significant role. Let us know more about it in detail.

*Note
It is crucial to invest in the best health insurance policy in India to avoid venting your pockets while dealing with treatments or medical emergencies.

1. Energy production
Magnesium produces unimpaired energy required by mitochondria, the powerhouse of cells. Magnesium also enhances the activities of the essential enzymes useful in energy production.

If energy production is not optimal, our brains may not function properly. There can be a negative impact on its cognitive powers. Hence, magnesium is essential in our body to facilitate energy production and boost our brain power.

2. Neuronal processes
Other than energy production, magnesium is important for neuronal processes too. It regulates neuro-transmitting signals in the brain. It is the key to the prime neurotransmitters- GABA and glutamate.

Magnesium also helps to maintain sufficient calcium content in the brain cells and regulates the activity of calcium channels. High magnesium levels in the brain can help enhance your memory and learning power. Also, it strengthens the process of synaptic plasticity, which can delay cognitive decline due to ageing.

An increase in magnesium levels in the brain may also increase the pace of neural stem cells production. It can promote neurogenesis in adulthood and improve the brain's adaptability to changing external environments, mood regulation, and cognitive flexibility. Magnesium can also help to maintain proper blood flow to your brain by helping to control oxidative stress and inflammation.

3. Brain decline
Various studies have proven that low magnesium levels can result in a decline in the brain's performance. People who have Alzheimer's disease come up with low levels of magnesium in their cerebrospinal fluid. Studies also show that people using magnesium oxide are less at risk of developing dementia.

Research also shows that magnesium plays a significant role in healing traumatic brain injuries. People treated with magnesium sulphate showed a favourable outcome and recovery within 12 hours. Studies have also proven that magnesium affects the functioning and health of a normal brain.

4. Magnesium-rich foods
Now you must be clear about the power of magnesium in boosting your brain power. But what are the foods that are rich in magnesium? Here's a complete list.

Dark chocolate, spinach, avocado, pumpkin seed, bananas, cashews, leafy green vegetables, whole grain, legumes, almonds, brown rice, black beans, yogurt, fish, and sunflower seed are some foods that are a rich source of magnesium.

Magnesium helps to boost your brain power and cognitive well-being. Increase your intake by consuming more food rich in magnesium. Magnesium is also important for several enzyme reactions impacting your bones, blood sugar, and nerves.

In addition to taking a magnesium-rich diet, you must buy the best health insurance policy in India that can protect you from unplanned financial burdens. Your health can deteriorate anytime, and you may require surgery. Health insurance will cover you in such instances. Do proper online and offline research and opt for the best health insurance policy in India that provides good coverage at the most reasonable premiums.

Click HERE to buy the best health insurance policy in India.

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.

Motor insurance is a boon that provides vehicle owners security against the financial burden of mishaps that occur to their cars. While it offers several inclusions, acts classified as contributory negligence do not fall under the policy's scope of coverage.

One such act is misfuelling your vehicle, which unfortunately happens frequently. If you find yourself in such a situation, here's all you need to know.

Case 1: Potential dangers of petrol in a diesel car.
Gasoline in a diesel car is a solvent for low lubrication and could damage the fuel pump. Metal pieces from the broken pumps could cause more problems with the fuel delivery system.

What to do: Avoid turning the key and igniting the engine.
The tank must be emptied, with all tainted fuel removed and replaced with a new charge. You can only turn it on after that.

Case 2: Threats of diesel in a petrol car.
Because the diameter of the diesel fuel filler cannon is often larger than the slot of petrol cars, refuelling a petrol car with diesel fuel is uncommon. However, in such situations, the engine doesn't start, and the exhaust severely smokes while running.
The spark produced by spark plugs is what drives a petrol-powered car. Diesel can clog the candles and the fuel system when you fill it up and start the vehicle. It can lead to misfires, smoke, and possibly even a motor failure.

What to do: Don't turn on the ignition and refuel the tank.
Use a specialised additive that clears diesel traces from the fuel system if you fill the petrol tank with diesel in any amount. Furthermore, it matters how much diesel has dispersed throughout the car's internal components after entering the gasoline tank.
It is advised to do a complete tank drain and then fill the entire tank with gasoline. If less than 2 litres have been added, there will be no issues. Obtain assistance from a professional who can remove and clean the gasoline tank if the diesel content exceeds 5% of the tank capacity. Once completed, you can start the car and drive it further.

If your car is already running.
It is advised to drain the fuel tank and refill the fuel system with fresh gasoline before starting the car. If you're driving when you realise, stop as soon as possible. To eliminate the contaminated fuel, it is imperative to flush the tank. Replacement of the gasoline filter is essential in each scenario.

How can the risk be reduced?
No one purposefully fills their tank with the wrong fuel, yet many individuals do so even though the filler size varies for the two fuel types. The type of fuel used on each car is noted, typically on the tank cap and the filler cap as well. Before beginning to refuel, always double-check the type of fuel!

The repair cost may increase depending on how much-contaminated fuel is in the fuel system. You should always be careful to avoid such incidents, and if it does, you could incur significant repair costs.

One of your most valuable possessions, your car, needs to be protected because repairs are expensive. The best way to protect yourself is to purchase motor insurance, which offers several advantages that can increase your safety and safeguards your finances in the case of an accident.

Click HERE to buy motor 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.

Commuting by bike is a routine affair for millions of Indians around the length and breadth of the country. If you are a daily commuter and have to go through crowded, traffic-filled small lanes in India, a bike can be the best form of transportation.

Bikes can be great fun, even for long rides. However, the long journey can be tiring and cause body aches. Aches can spoil your remaining adventure and may dampen your high spirits about bike travel.

You can ensure thrilling long rides without any aches by following these tips.

1. Exercise
Long rides can cause severe backaches. Riding a bike puts extensive pressure on the core muscles because they bear your body weight. You need to strengthen your midsection and ensure that your spine stays strong. Several exercises strengthen your back, but you need to do them regularly, not just for a few days. There are some yoga asanas, too, that can help to strengthen your spine. Exercising will help preserve your core muscle strength and ensure your spine does not suffer undue pressure. It will benefit you immensely and prevent long-term health problems as well.

2. Correct posture
Incorrect posture while riding your bike can result in back pain, which even regular exercising cannot help. You should maintain a straight back during long bike rides. Line up your shoulders above your waist, and never sit in a hunching position. Most riders ignore their sitting posture and end up with back pain during long rides. Also, do not put extra weight on your back, such as a heavy backpack. Undue weight can also spoil your posture and cause back ache.

3. Rest occasionally
You must occasionally take a rest during a long ride on your bike. Continuously riding your bike without stopping can cause chronic injury. Stop frequently and get down from your bike. Try simple stretching exercises such as arching your back forward and backward, twisting your shoulders and arms, and leaning in front to touch the toes. It will relax your body and freshen your mind and spirit.

4. Give your hands a break too
The incorrect gripping style of the bike handle can result in hand aches. Your wrists should have about 10-15 degrees back-bend on the handle. Some bikes have very low handles, which can cause discomfort and pain, especially during long rides. You can always get your handle position adjusted by a mechanic if you feel it is too high or too low before commencing the long ride.

5. Good seat cushioning
Company-fitted bike seats may not have adequate cushioning. This can cause discomfort and backache during long bike rides. Get a good seat cover for your bike that has proper cushioning. You can get it customized and choose the cushioning level as per your choice and comfort.

Many bike enthusiasts love taking their bikes on long rides for a thrilling experience. Following the above tips will ensure that you truly enjoy your long ride without aches and discomfort during your journey.

A good 2 wheeler insurance policy is as critical for any rider as it ensures a comfortable long ride. It will provide you with financial coverage for an accident or damage. The insurance company will reimburse you for your bike’s current value if stolen. Moreover, having valid 2 wheeler insurance while riding your motorcycle is legally compulsory. So what are you waiting for? Go get your 2 wheeler insurance policy immediately!

Click HERE to buy a 2 wheeler insurance policy in just a few clicks.

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.

Bike insurance is essential for every motorcycle owner to protect themselves from financial losses because of unfortunate events such as theft, damage, or accidents. Most people purchase bike insurance online as it saves time and offers them various options to compare and choose from. However, sometimes people encounter situations where they should consider cancelling their bike insurance to save unnecessary payments.

If you are selling your bike, moving abroad with your bike, or your bike is no longer in use, you can save unnecessary premiums just by cancelling your insurance policy.

By understanding these situations, bike owners can make informed decisions about cancelling their bike insurance policy when necessary. Without further ado, let's discuss these situations in detail.

1. Selling your bike
If you have sold your bike, you do not need to keep the insurance policy active. In such a scenario, you should cancel your bike insurance policy to avoid paying unnecessary premiums. You can easily cancel your bike insurance online by contacting your insurance provider.

2. Moving abroad
You must buy bike insurance in that country when moving abroad along with the bike. In such a situation, cancelling your existing bike insurance policy is advisable to save you from paying unnecessary premiums. Contact your insurance provider to cancel your policy, and they will guide you through the process.

3. The bike is no longer in use
You do not need to pay for bike insurance if your bike is no longer used. For instance, if you have switched to public transport or a car, you should cancel your bike insurance policy to save money.

The other probable reasons when you can cancel your bike insurance are;

● Not satisfied with the policy
If you are dissatisfied with your current bike insurance policy and have found a better one with more benefits and a lower premium, you can consider cancelling your existing policy. However, before cancelling, you should read the terms and conditions of your current policy to understand if there are any cancellation charges or penalties.

● High premium
If you are finding it difficult to pay the high premium of your bike insurance policy, consider cancelling it. However, before cancelling, you should compare policies from different insurance providers to find one that suits your budget.

● Reckless driving
Your insurance provider may cancel your policy if you have a history of reckless driving and have been involved in multiple accidents. In such a scenario, it is advisable to surrender your bike insurance policy and look for a new policy that suits your needs.

Bike insurance is a crucial aspect of bike ownership as it provides financial protection against any unforeseen events. However, there are certain situations where cancelling your bike insurance policy is the right decision. It is essential to remember that before cancelling your policy, you should read the terms and conditions of your policy to understand if there are any cancellation charges or penalties. By cancelling your bike insurance policy when necessary, you can save money and ensure you buy the right bike insurance online to fully meet your needs from the comfort of your home.

Click HERE to learn more about the benefits of purchasing bike 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.

COVID-19 vaccines strengthen our immune system, and help it recognize and combat the coronavirus. The type and frequency of doses vary for different vaccines, however, beneficiaries are advised to take two shots of vaccines currently available in the country. Post vaccination, it generally takes a minimum of two weeks for anyone to build immunity against the virus.

Key Information and COVID-19 Vaccine Advisory:

• From 1st April 2021, all individuals over the age of 45 (irrespective of co-morbidities or pre-medical conditions) are eligible for the COVID-19 vaccine.
• Beneficiaries are requested to complete all prescribed doses of the vaccine.
• As per medical experts, post-vaccination effects (nausea, mild fever being the most common) are normal.
• Even after vaccination, all safety measures for COVID-19 are to be strictly followed at all times, including social distancing and wearing masks.
• The duration for which the COVID-19 vaccines are effective and its efficacy against the new strains of the virus is still unknown. Hence, it is absolutely essential to not let our guards down.
• We urge you to not be misled by fake vaccine marketing / promotions, as it is not available in open markets yet.
• Do not attend a vaccination appointment if you are self-isolating, or awaiting COVID-19 test results, or are unwell.
• Research efforts are ongoing for knowing how many people should get vaccinated to attain herd immunity (which means enough people being vaccinated making it tough for coronavirus to spread from person to person). Hence, rumors about herd immunity being already attained, should strictly be ignored.
• To know more about the vaccines, please download the CoWIN App, or log on to www.cowin.gov.in. You can also visit the Ministry of Health and Family Welfare (MoHFW) website (www.mohfw.gov.in) for regular updates about COVID-19.
• For any queries, call the Government helpline number 1075 or +91 11-23978046.

Cost and Availability of COVID-19 Vaccine:

• Vaccines are available at different government hospitals for free and at private hospitals at a price of INR 250 per dose.
• The COVID-19 vaccination providers cannot deny any individual above the age of 45 to get themselves vaccinated, except for reasons best known to medical practitioners.
• The government is currently working on making the vaccines widely available for everyone at no cost in the coming months.

Your car gets you safely everywhere you want to go, but it requires that you take good care of it in order for it to keep running. Some of these simple maintenance issues can actually result in an accident or injuries. Take the time to make sure these 10 things are checked regularly and maintained as needed and avoid a potential accident or claim.

Tip 1: Change the oil. Neglecting oil level checks and fresh oil changes will not do your car any favours.

Tip 2: Change the oil filter. Check the oil level once a month and replace the oil filter regularly.

Tip 3: Check your brake fluid. Check when transmission fluid and power steering fluid need to be replaced as well.

Tip 4: Check the tyre pressure each month. You should check your tyres regularly by ensuring that they are properly inflated and that the wheels are aligned. Not only will you get better mileage, but your tyres will last longer too.

Tip 5: Check the windscreen wipers. Make sure they are not damaged and are in a good working condition, as driving without proper visibility is dangerous.

Tip 6: Change the air filter. Keep your engine clean by regularly replacing the air filter.

Tip 7: Check the windscreen. Inspect the windscreen for small chips and scratches. These are reasonably cheap to repair, while replacing an entire windscreen is expensive.

Tip 8: Check your lights. This means indicator lights, hazard lights and headlights. Replace burnt out bulbs immediately.

Tip 9: Check the dashboard. Don't ignore the dashboard if there are flashing lights or the temperature gauge is suddenly extra hot. Stop as soon as it is safe and read the manual to make sure it is safe to drive further.

Tip 10: Protect the exterior of the car. A coat of good quality wax will ensure that your vehicle paint is protected. Apply the wax every six months.

Keep your car in good running condition and it will keep you safe and in control on the road. It takes a short amount of time to check these important functions, but can save money, fuel, and even lives in the long run. Make sure the functions of your car aren’t the only thing you’re checking. Get Car Insurance at the best price and protect your prized possession!

Have you thought of your insurance claim getting rejected? Scary is’nt it?

Any individual taking an insurance policy would never think about their claim not being approved, but there have been numerous incidents of insurance claim rejection. Some of the reasons could be due to negligence on the part of the policyholder, but sometimes, it could also be because of choosing the wrong policy provider who looks for loopholes to avoid paying claims.

Claim settlement becomes especially important in the case of life insurance policy, where an entire family’s short-term sustenance may depend upon the claim amount.

What is Claim Settlement Ratio?

As the name suggests, the Claim Settlement Ratio is the number of claims the insurance provider has settled up until now. For instance, if the company has a claim settlement ratio of 80%, then that means that the particular company has settled 80 out of every 100 claims that were filed by policyholders.

Magma HDI has maintained an exceptional CSR of 94.1% in FY 17-18 compared to the industry average of 87.2%. With our convenient and efficient claim settlement process, we were able to ensure less than 30-day claim settlement for almost 87.17% of the total claims made in the year. 

Why is the claim settlement ratio important?

It is essential to consider every aspect so you can take an informed decision before picking the right insurance provider and signing the policy papers. This becomes particularly important when taking life insurance, as, in the event of your untimely device, you will leave behind a financial security cushion for your dependents to fall back on.

The Claim Settlement Ratio is an indication of the likelihood of the policy provider to pay the claim. Companies that have a higher claim settlement ratio are automatically trusted higher as compared to companies with a lower ratio.

Few reasons for claim rejection:

• Withholding critical information at the time of taking the policy can seriously impact the likelihood of your claim getting settled as it affects the risk assessment – Can be written as tell the truth always! no matter what
• Not understanding or being unaware of the company’s terms and conditions could lead to complications or incorrect/incomplete information that could then lead to rejection. Therefore, make sure you understand the clauses and use the free-look period to ensure that you’ve made the right selection
• Faltering during the claim filing process is one of the key reasons for claim rejection. Therefore, you must thoroughly follow the process before filing your claim

Now that you know all about the Claim Settlement Ratio and how it impacts your chances of claim settlement, you can make an informed decision and choose the right provider. 

It is hard to name a single businessman who hasn’t taken risks, but you will know many brave ones who trusted luck and risked everything. Truth be told, as a responsible business owner and citizen, one needs to be prepared with and Magma HDI Genaral Insurance Company offers a wide range of liability insurance policies that give you

1. Compensation for damage/loss of property or human injury

2. Covers your legal liabilities towards damage to any third party, along with the legal costs and expenses incurred by the insured.

3. It applies to both industrial and non-industrial establishments.

4. Compensation for damage/loss of property or a human injury caused due to defects in product manufacturing

5. Even after ensuring the highest quality standards and assessment parameters, a manufacturing defect in products is still possible and can cause mishaps.In such instances, Magma HDI Liability Insurance covers the liability to a third party.

6. Compensation for damage caused due to human negligence

Be it any professional– doctor, engineer or lawyer – involuntary errors and omissions could seriously impact their customers’ health, well-being, or financial stature. Liability insurance will take care of any liabilities that may arise due to negligence while executing your responsibilities.

Smart and trusted businesses quickly compensates loss or damage that might occur during the regular course of business as they are backed by their Liability Insurance policies and so can you CLICK HERE for buying Magma HDI’s liability insurance Policy.

Accidents happen. Sometimes due to negligence and sometimes due to sheer bad luck.

What if a customer slips and falls at your premise and breaks a bone? Or purchases an electrical device from you which causes a short circuit at their home resulting in a fire? In either of these incidents, as a business owner, you can be liable to compensate for the loss/damage to life, property and the legal fees a third party incurs.

An Example

A famous incident that highlights the need for public liability insurance is the 'hot coffee lawsuit' of 1992. The plaintiff, 79-year-old Ms Liebeck accidentally spilt hot coffee on her lap, (while in her car) purchased from a renowned fast-food retailers outlet. She spent eight days in the hospital because of third-degree burns, had to undergo a skin graft and two years of follow up treatment. Her attorney argued that the coffee served at 82-88 degrees was significantly hotter than what other outlets served (60 degrees) and was a burn hazard even if consumed immediately.

The jury initially awarded Ms Liebeck US$160,000 as compensation and coverage for medical expenses in addition to US$2.7 million in punitive damages. After a prolonged court battle and multiple appeals, the parties settled out-of-court in 1994 for an undisclosed amount, said to be under US$600,000.

Most businesses do not have the time, resources and deep pockets to weather such lawsuits.

Thus, every business needs to protect its interests and that's what a Public Liability Insurance can help them do. Here are six things you should know about Public Liability Insurance (PLI) in India:

1) Who needs it

Enterprises that regularly entertain the public such as restaurants, shops, educational institutes, sporting areas, etc. should get public liability insurance. It also applies to businesses that work in public spaces or private homes such as building contractors, electricians, etc.

2) Scope of coverage

The insurance covers the cost of damage/medical treatment and legal fees if any third party sues your business. This includes customers, vendors, and general members of the public excluding your staff (that comes under workers compensation).

3) Domicile of coverage

The coverage is not geographically restricted. It covers incidents at your premises or those at a customer/ clients location.

4) Cost

The cost of your PLI depends on the nature, size and scale of your business. Enterprises that deal with hazardous substances or have multiple outlets/ franchisees, etc. will have to pay more due to greater probability of a mishap.

5) Customizations

You can customize the coverage after assessing your needs. For example, a small café would probably need a considerably lower cover than a 5-star hotel complex. You may also choose add-ons for extra protection. For instance, the act of gods covers situations such as floods, lightning etc. which end up being frequent causes of dispute.

6) Legal Requirement

Even though businesses are not legally bound to opt for a PLI, certain lease agreements or trade associations make it binding on the lessee/partner to obtain the insurance. Many private parties too may not contract services to a business or tradesman without a PLI.

7) Exclusions

Like any other insurance policy, Public Liability Insurance In India is also subject to exclusions. Some common exclusions of insurance providers in India are- disputes related to pollution, slander, fines and penalties. Please refer to your plan's policy wordings for a better understanding of the same.

Many-a-times businesses fail to realize the damage to goodwill due to an incident is greater than the cost of financially alleviating the situation. To know how you can secure your business and do right by all stakeholders, have a look at what Magma HDI has to offer.

With the continuous rise in international trade, the volume of marine cargo is also increasing. Marine cargo has always been and will be an important component of international trade. With more and more businesses opting to transport their goods through marine cargo, the market is on the rise for shipping companies. This increase in business also increases the importance of having a comprehensive marine cargo insurance policy.

Irrespective of the fact how simple you might think a marine cargo insurance policy is, several claims get rejected every year due to one reason or another. You must, therefore, immediately take the necessary steps to ensure that your insurance claim does not meet the same fate.

Here is a list of the events when your marine cargo insurance claim can get rejected and how you can avoid them.

• 1. Insurance policy is not proper: - Not all marine cargo insurance policies cover for all types of damages. This is why you must have a comprehensive marine cargo insurance policy. If your policy does not cover the damage for which you have filed a claim, your claim will get rejected. Moreover, any changes in the constitution of your assignment or cargo might also lead to this rejection. You must, therefore, review for policy periodically and get it updated as and when required.
• 2. Mistakes in filing the claim: - Whether you have failed to file your claim within the requisite period or have filled the claim form incorrectly or have filed a claim under a wrong policy, the marine insurance companies will not hesitate in rejecting your application. Even, if they do not dismiss the claim outright, they might delay it for many days. Therefore, you must give this responsibility to an expert who has successfully filed such claims in the past. 
• 3. Mishandling of goods: - If you have not packed the goods correctly or your personnel has been mishandling them, then the insurance claims filed thereon will be rejected by the insurer. You must, therefore, ensure proper packaging and careful handling of the goods on your vessel. 
• 4. Perishable Goods: - Even if your insurance policy specifies that losses suffered due to delays will be compensated, it does not cover damages caused to goods of perishable nature. You must, therefore, check with your insurance company if such goods are covered under the policy or not, before accepting them. 
• 5. Negligent Maintenance: - If you have not been paying attention to the maintenance of your vessel, marine insurance companies will certainly reject your claim. As your vessel will be plying in rough waters as well, so the chances of it suffering from damages are very high. These damages must be repaired as soon as possible to ensure the safety of the personnel as well as the cargo. You must, therefore, ensure that your vessel undergoes regular maintenance and follows safety and standard operating procedures. You should also keep a log of the repair and maintenance work carried out on the vessel, as it will help with your claim later on.

You must therefore carefully assess your needs, discuss them with your marine insurance company and only then subscribe to a comprehensive marine cargo insurance policy that caters to all your requirements.

Ocean shipping is one of the most cost-effective means to ship out your goods to international borders. If a business acquires large bulks of orders from foreign customers wherein there are no quick delivery protocols, then shipping goods by the sea is the most viable option. However, there are some demerits attached to this practical advantage. Shipping goods via sea or ocean floor depends highly on factors like; weather, human-error, technical issues, and etc.

The hazards of not comprehending such factors might lead to disasters or accidents in the ocean, which further adds monumental loss to both business owners and the environment. This can be easily averted if you plan and get hold of proper marine insurance to combat the risks of shipping. Some of the better-known dangers related to sea shipping and how insurance can help tackle them includes;

• The occurrence of natural calamities - Perils never comes knocking on doors; they strike on decks without a single warning. Thunderous sea-storms, cyclones or tsunamis can destroy well set stocks and lives of those sailing on carrier ships. We cannot challenge the force of nature but what we can do is opt for marine insurance online to cover the losses, injuries, or damage caused during such natural disasters.
• Human Errors - There are certain dangers caused by man that could lead to a disastrous situation. Having untrained ship sailors or workers who load and unload goods with negligence and carelessness might create rooms for few accidents to occur in transit.
  A reliable shield in the form of marine insurance to handle the mismanagement of shipping goods by workers would be a great help in such situations.
• Geographical Hazards - Apart from natural distress signs, there are other forms of dangers present at sea in the name of geography. Try remembering Titanic, an unsinkable ship that sank nevertheless by hitting a massive iceberg. Big cargo ships going through narrow canals, icebergs, rocky shores or shallow coral reefs can get caught on sides or bottom, hence creating unimagined losses.
  Mitigating such losses by having a rational marine insurance plan is one way, and another way is to have the ship properly tested for such hazards and assign a well trained, professional staff for commandeering the vessel.
• Technological Issues - Such issues are more or less related to the ship's structure, engineering equipment, navigational tools, or motor engines. If the boat starts leaking oil in the ocean or one of the propellers is jammed due to long years of service, it could sustain significant damage to the goods on board.
  To avoid such substantial financial losses; having a well-planned marine policy that can cover the ship's outer and inner structure after a thorough inspection is the right way to go.

Businesses work for profit and if your business requires delivering goods via sea or ocean, then why not keep yourself financially protected with a Marine Insurance cover and keep the profits intact.

Your car insurance comes with an annual premium, which helps you bear the financial losses that may arise due to an accident. While a claim-free year may seem like a waste of money since you paid the premiums but didn't really use the benefits, it's really not the case. Firstly, having insurance provides you with mental peace that in the case of any mishap, your finances will be covered. Secondly, your insurance provider offers you discounts on your next year's premium if don't make a claim in the previous year. This is what is known as a No-Claim Bonus (or NCB). Keep reading to find out more on how to maximize savings on your Private Car Insurance In India.

What should you know about NCB?

Car insurance companies reward vehicle owners who drive safely with no-claim bonuses. The bonus becomes applicable if you get through one policy year without making a claim. The company pays the discount on Own Damage (OD) premium for each claim-free year

Typically, the amount can vary from one insurer to another. But, discounts begin at 20% per year and can go up to 50% for five claim-free years or more.

How does NCB work?

When a policyholder does not file any claim in the past one year, a no-claim bonus is initiated by the insurer.

As a result of this, you’ll get a discount on your annual premium amount subject to increase with every succeeding year.

Things to remember about NCB in India

An essential feature of NCB is that it relates to the policyholder, not the vehicle as it rewards you for precautions taken on your end. So, you can retain your NCB even if you replace your existing vehicle. Other prominent features of a no-claim bonus are:

• Applies even when you switch the insurer

When you switch from one insurer to another, the no-claim bonus remains unaffected. For example, if you have a policy from company X for the last five years with no claims made and you shift to company Y later on, the company Y will give you a benefit of 50% discount on your annual premium as NCB.

• Bonus increases every year

The insurance companies calculate your no-claim bonus in the range of 20%-50% on an annual incremental basis.

• Doesn’t apply on third-party cover

Keep in mind that the no-claim bonus applies to the own damage or OD cover on your auto insurance. So, if you have only the third-party (TP) cover, you’re not eligible for NCB. However, if you have both OD and TP protection, you’ll receive the discount proportionately.

Protecting your NCB

As NCB policyholders, you are entitled to a maximum discount of 50% for five claim-free years. However, this discount expires if you make even a single claim. In such a case, to protect your NCB, insurers give you the option of opting for an add-on cover. It covers your claim in order to protect your NCB.

Another great hack to keep your NCB would be to avoid making claims for smaller damages.

Head over to Magma HDI to find out more about NCB available with your private car insurance in India.

Monsoons might not be the ideal time to drive around. The roads are slippery, and there are higher chances of meeting with an accident. However, the rainy season does not mean that you should stop driving altogether.

Instead, you should make sure that you follow some safety points to make sure that your driving experience is smooth and safe.

Here, we will look at some of the safety checkpoints that you should follow during monsoon. However, before we dwell on that, it is crucial to make sure that you get Car Insurance Online In India so that your car is covered in case of any unforeseen circumstances.

Fix those exhaust holes

Exhaust holes are made of iron, which means that they are vulnerable to rust. If there is a hole in your exhaust, then there are more chances for the rainwater to get in, besides the fact that a faulty exhaust is no food. Make sure that you have checked your exhaust for holes and other damages to ensure the smooth running of your car.

Cover your headlights

With time, your car headlights tend to develop spaces with them due to constant wear and tear. If they are damaged, then it is highly likely that the rainwater will get inside them, further leading to the damage. Make sure that you patch up these spaces so that your headlights are safe. Faulty headlights can lead to driving problems at night — something which no driver wants!

Check the door of your car

The doors in your car have a rubber attached to it. With constant usage, they may loosen up and make room for the raindrops to seep and ruin your interiors. To make sure that your interiors are as good as new, make sure to check on these doors now and then. If needed, replace them, as a repair might not be the easiest or the most convenient of ways.

Check your brakes

If you are driving around in rains, through clogged puddles, some water might just get deposited in your brake pads which can hinder the braking process and might lead to the deterioration of your brake pads. To get rid of the moisture, find a dry stretch of road and gently apply the brakes. The heat which comes out of friction will take the moisture away. If you find mud deposited on your pads, then go to a mechanic and get it clean. Remember that brakes are one of the most critical components of your car and you should always have them in good shape.

The way you treat your car is the way the car treats you. One cannot stress enough on the importance of taking care of vehicles. Magma HDI car insurance comes with affordable premium rates and features such as support for anti-theft devices, which can ensure that your car has a long and safe life.

Buying your first car can be a little overwhelming. You work persistently and save your hard-earned money aside to buy the vehicle of your choice. However, keeping your vehicle safe and secure is a necessary next step after your purchase. Accidents occur anytime and anywhere. Having a comprehensive car insurance policy to back up those damages is a wise decision to make.

These days, you may buy a car insurance policy online or by contacting a service agent at your convenience and get your vehicle insured. With a sound knowledge of car insurance policies, you can optimize your purchase and savour great benefits. Read along to have a better grasp of your first-time insurance purchase.

Purpose of Car Insurance

'Use it or lose it' is a common motto on which car insurance policy runs; to benefit from it, you need to pay a yearly premium. On the off chance that you are lucky enough not to have gone through a severe road mishap, you lose the premium sum paid for insurance. Then again, you get a No Claim Bonus, which is a quite significant sum beginning from 20% of the premium in the first year to 50% in the sixth, which is the reason why you shouldn't go for minor harms claim.

Different Covers under Policy Terms

A well-framed car insurance policy covers the damages due to natural disasters like earthquakes, floods, storms, typhoons, etc. Secondly, it includes the loss incurred due to manual disturbances like riots, theft, terrorist attacks, fires, etc. Thirdly, you as the insured can access the personal accident cover for your family if you die or suffer disability post-collision or mishap. Some company even offers benefits to co-passengers at the time of the accident. Your insurance policy covers the third-party liabilities like if you accidentally damage a third person's car or he dies of injuries due to collision, your insurer will protect you from legal repercussions.

Additional Benefits and Covers

One of the pluses of having a comprehensive car insurance policy is that you get various additional perks. It may raise the premium amounts a bit, but the level of your car's safety is maximized. Some of the add-ons can be;

• Windshield or car glass cover 
• Accident cover for a paid driver or unknown passenger
• Depreciation waiver
• Personal belongings damage/theft cover

Hiring an Insurance Advisor

During the brainstorming sessions of buying your first auto insurance, it is natural to get perplexed with different coverage benefits. A simple way to tackle that confusion is to get in touch with an insurance agent who is well versed with different company's policy premiums and covers. He can advise you along the way to look over your shortlisted insurers by comparing their proposed rates. He may also identify premium discounts for your first-time policy purchase.

Going for a comprehensive car insurance policy is prudent. It gives a well-rounded cover for your car. So, it's highly advisable to get in touch with your financial experts and buy a car insurance plan today.

Connectivity has become the fourth pillar of our rations today. Each one of us, at least, own three gadgets, in which we store and share critical data. Whether it is business-related information or personal details, our gadgets hold a lot of information that, if leaked, could cause serious damage. Besides the implications of a security breach, these gadgets come at a high cost, and replacing a lost or stolen one may seriously burn a hole in the pocket.

Therefore, it’s prudent to secure your gadgets by taking Electronic Equipment Insurance (EEI). EEI extensively covers loss of electronic good, and subsequently, helps to meet unavoidable costs. Depending on the coverage that will be best suited for you, there are different types of EEI to choose from. Before we get into the different types, let’s take a true look at the scope of the cover.

What’s Covered?

• Damaged equipment coverage, including replacement expenses, such as freight, installation cost, customs duty, etc.
• Damaged data media coverage, including expenses incurred in restoring lost information, external data media, damaged/lost data media, etc.
• Increased cost of working, caused due to employing more manpower to substitute for the work that would have otherwise been done by the equipment.
• Any damage caused to the equipment’s software as a result of the damage to the hardware is also factored in.

Types of Electronic Equipment Insurance

All risks included

Give your gadgets complete protection from perils, including those caused by natural and man-made causes. For instance, damage due to natural calamities includes the ones caused by fire, landslide, or storm, whereas manual perils include terrorism, strikes, and riots.

External data media

This option covers the losses partly and includes expenses arising due to data loss on external media devices, such as hard discs, etc.

Increased cost of working

This type of EEI is usually taken by organizations that rely heavily on data processing units. In the event of any loss or damage to the unit, the expenses incurred to employ any additional/alternative tool or manpower, are covered by the insurance policy.

What are the types of electronic equipment that can be secured with EEI by Magma?

Electronic Equipment Insurance is suitable for a range of equipment, including, but not limited to:

• Computer and allied peripherals
• Audio visual equipment
• Auxiliary equipment, such as voltage stabilizer, UPS, etc.
• Electronic control panels
• Navigation equipment
• Telecommunications equipment
• Electronic equipment used for research and testing materials
• Medical equipment, such as MRI scan machines, X-Ray machine, ultrasound devices, etc.

Who should take an EEI by Magma?

Practically, anyone who owns and operates electronic equipment should secure their gadgets with an EEI.

• Owners and businesses owning electronic equipment
• Organizations that are involved in leasing electronic equipment
• Third-parties, such as financiers or bankers who ultimately bear the purchase cost of the equipment

While an Electronic Equipment Insurance secures your gadgets from multiple threats, note that there are certain cases, such as normal wear and tear that do not fall under the purview of the policy.

Insurance provides the safety net required to protect the financial integrity of your personal and professional needs. If you are in the business of sending or receiving physical goods from one destination to another, insuring your goods and business interests inevitably becomes your priority. 

Therefore, the simple answer to whether or not you need marine insurance is 'yes'. Read along to understand why that is so: 

What is marine insurance?

‘Marine’ insurance is a colloquially used term for any kind of transport insurance, not just restricted to waterways. Whether your cargo or goods are moving over land, railways, or a combination of multiple transport modes, marine insurance provides cover for any loss or damage to your goods while in transit from source to the point of delivery.

Marine insurance can be purchased by sellers, buyers, and even financiers of the goods. So, whether you’re a small trader, moving materials interstate or a manufacturer sourcing raw materials or a large import/export house, marine insurance can protect your stock against any unforeseen eventualities.

Why marine insurance?

Depending on the mode of transport, distance, size, and value, your cargo could take days or months to get from one point to another. In the interim period, your goods are at the risk of damage due to accidents, improper packaging/ storage, seepage of water, mishandling by personnel and natural disasters such as floods, fire, and storms. They could also be lost due to theft, piracy, or be lost at sea. The carrier, in most cases, cannot be held liable for any damage or loss either. Hence, it becomes imperative to opt for additional security.

All natural calamities and human errors can be covered by marine insurance. There are various types of policies such as valued, unvalued, floating, time, voyage, etc. that you can choose from basis your needs, irrespective of whether the cargo is moving for domestic trade or across international waters.

Magma, for example, provides comprehensive coverage through its Marine Cargo Open Insurance Policy. Whether you are sending a small parcel via airmail or a huge consignment via cargo, Magma has your peace of mind covered.

In some instances, taking marine insurance may be obligatory basis the terms of the shipping or business contract. This helps bring in clarity over service delivery and safeguards the interest of all parties. 

Alternatively, the insurance helps you gain a lot more control over the jurisdiction and language if in case the need for a claim arises. Imagine dealing with an insurer based out of Japan speaking a language alien to you while you are trying to get the information and paperwork through. It can be both time-consuming and exasperating.

In conclusion, marine insurance is extremely pocket-friendly. The premium depends on the value of the goods and the mode of transport. For a fraction of the cost of the shipment, you can secure your peace of mind. In case the need for a claim arises, a dependable insurer like us is just a phone call away.

We all know that setting up a business and buying an asset takes a lot of time and toiling, it may be a car, your dream house or simply a household item.

For many, work and business is a doppelganger of their personal identity. Your office could have cash, valuables, goods and raw material, critical documents or intellectual property that in an event of a theft or burglary can leave you financially crippled. 

Here’s what we have figured out through our truth lens!

Even though the crime rate in India is on the decline, it is still quite high at 379 crimes per lakh of the population as per data from NCRB (2016). Most urban business complexes now have better security systems and more personnel on board; however, most perpetrators in cases of thefts are known to be familiar faces. This makes it imperative for businesses to add a layer of security with a comprehensive burglary and theft insurance plan.

For the sake of insurance, theft and burglary are two separate categories, where burglary, unlike a theft, also accounts for forcible/ violent entry and/or armed robbery that puts the people, place and other valuables at risk. 

Why is securing yourself against theft and burglary important?

A comprehensive protection plan can be purchased for your home, office, factory, warehouse, etc. The compensation from the insurer covers for any item that is stolen from the insured premises and also makes good any loss or damage caused to the premises on account of the said theft or burglary.

Any stock of goods, furniture, computers and electronics and other assets within the business premises are covered too. In fact Magma Burglary Insurance Policy goes a step further and provides for reasonable coverage to clean up the premises and move any debris from the premises to the closest disposal site. It also reimburses for making good critical documents such as agreements and confidential business documents, on which sometimes the registration and stamp duty itself can run in to lakhs of rupees.

If you fear a repeated attempt at the theft or burglary, Magma burglary policy also covers for the cost of temporary protection incurred for the safety of your employees and assets.

The first thing you need to do is to ensure that there are reasonable safety and security systems in place so as to minimize the risk. This will also have a direct impact on the insurance premium you will incur. The better your preparation, the lower the premium. The insurance will not cover for any loss arising out of an ‘inside job’ unless through forceful means.

Review your insurance requirements periodically, especially if you have different value of cash, goods/ raw material moving in and out of your office, new equipment/ machinery, critical R&D technology, etc. The value of your stocks and assets have a direct correlation to your premium.

The cost of insurance is a small price to pay for ensured business continuity, protecting your family and employees and securing your peace of mind.

A good helmet is an essential motorcycle accessory for your safety. It protects your head from severe injuries in an accident and can be a lifesaver. The helmet cushioning makes your ride comfortable, especially on a long drive. Moreover, you can also use it to add to your style statement.

A good motorcycle helmet shield is a must feature in a helmet. You should maintain your motorcycle helmet shield to extend the helmet's life and ensure clear vision. Let us discuss how to maintain a motorcycle helmet shield.

1. Cleaning:
The first step to maintaining our motorcycle helmet shield is regularly cleaning it. A dirty shield can obstruct your vision and invite an accident. In most cases, regular glass cleaners can do the job for you. Spray some glass cleaner on the shield, and use a soft and clean cloth to rub the shield's surface. It will remove the dirt from the surface and make your shield spotless.

2. Films and sprays:
Films for helmet shields are easily available at any motorcycle accessories shop. You can customise it according to the size of your helmet shield. It will create a barrier between rain and your shield and help to drip it off quickly. Moreover, you can put a film of any colour of your choice and make your helmet look cool and fancy.
Similarly, several sprays available in the market can be used for the same purpose. Anti-fog sprays are also available, which you can use from the inside of your helmet shield. They do not allow condensation to build up during the cold weather and help in clear vision. Films and sprays also protect your helmet shield from scratches and damage.
Ensure you do not keep your helmet shield up while riding through dusty passages, as it will ruin the effect of anti-fog spray and hamper your vision.

3. Wax:
Buy a good quality wax that can be applied on a helmet shield. Rub it on the surface, and use a soft, clean cloth to add shine to your motorcycle helmet shield. Wax can be effective in adding shine to your helmet shield while protecting it from scratches as well.

4. Keep distance:
Keep some distance from the vehicle in front of you while riding your motorcycle, especially at high speeds. This will ensure you are not bombarded with small stones and dust from their tyres. It will keep your helmet shield safe and secure. It will not crack, nor will scratches appear on its surface.

5. Keep your helmet safe:
Always ensure that your helmet does not fall from wherever you keep it. This applies to both home and outside. Also, avoid keeping it on the seat, mirrors, or handlebar, even if you are away for a few minutes. A fall can break your helmet shield or add scratches to it. Install a helmet hook on your bike and use it to hold your helmet while you are away.

A clean and shining helmet shield is a must while riding a motorcycle. A dirty helmet shield is a big no-no. It can hamper your vision and can cause serious accidents. Moreover, it will spoil your style and looks. When we talk about riding safety, two-wheeler insurance protects you and your motorcycle against damages and accidents, similar to a motorcycle helmet shield. Compare hundreds of options, and buy the two wheeler insurance online that fits your needs and budget. It will provide you with complete protection and financial assistance if your motorcycle is stolen or damaged.

Click HERE to buy two wheeler 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.

As the world steers towards sustainable mobility solutions, electric vehicles (EVs) have emerged as a promising answer to the environmental concerns associated with traditional internal combustion engine vehicles. India, too, is making significant strides in the EV market, with the government's commitment to promote electric mobility.
India's ambition to electrify its transportation system is evident in its National Electric Mobility Mission Plan (NEMMP) and Faster Adoption and Manufacturing of Electric Vehicles (FAME) schemes. These initiatives aim to encourage EV adoption by offering incentives, tax breaks, and promoting charging infrastructure development.
As more consumers switch to EVs, the focus on battery technology and its maintenance becomes pivotal after all the battery is at the heart of this technology revolution. And with the growth in this market, there arises a need for a tailored insurance solution as well.
However, many motor insurance companies still do not provide any specialized coverage for EV and HEV batteries, resulting in a void in this fast-developing sector. However, forward-thinking insurance companies are recognizing the opportunity and starting to offer specialized coverage for batteries.
In response to this demand, Magma HDI General Insurance has taken a proactive step by introducing a product: "Battery Secure Add On" This specialized insurance offering is designed to address the unique requirements of electric and hybrid vehicles.
What sets "Battery Secure Add On" apart is its comprehensive coverage of critical EV/HEV components, with a primary focus on the battery. This coverage extends to repair and replacement costs arising from various scenarios. For instance,

• If the battery is damaged as a result of an unexpected power surge while charging or Experiences consequential harm from a short circuit or water ingress, "Battery Secure Add-on” has it covered.

• Moreover, " Battery Secure Add On" goes beyond battery coverage alone. It recognizes that electric vehicles encompass a range of specialized components that differ from traditional combustion-engine vehicles.

• This insurance product also safeguards other electric-specific elements, such as the electric motor, ensuring holistic protection for the entire EV system.

Click HERE to learn more about the product.

In these difficult and devastating times, we all want to keep ourselves protected from this deadly pandemic. The entire human race is praying to be safe and establish a Covid-free atmosphere in the world. But how can we make this happen? What measures can truly safeguard us from getting infected by this highly contagious disease?

1. MASK- A dependable shield

Wearing a proper mask should be our utmost priority whenever we move out of our houses or go to crowded places. Mask is the first wall of defence against the Coronavirus. The majority of the chances of getting infected are narrowed down if we wear appropriate masks suggested by our government and health authorities. But just wearing the masks is not sufficient; the mask should cover your face and nose properly. Only good quality masks should be used, cloth masks should be regularly washed, and use-and-throw masks should not be used more than twice. Masks should be handled only by using elastic strands. Avoid using masks that have filters installed on them, but use masks that are comfortable and easy to breathe. Remember, Mask ON....Life ON!

2. Maintain a safe distance today to have a safer tomorrow

Another crucial and effective preventive measure is maintaining a social distance of at least six feet when you are around other people. Avoiding close contact with people can nullify the chances of getting infected to larger extents. Even when you are at home, it is recommended to avoid getting close to the sick person or with low immunity, especially aged members of your house. Today this physical distance is a necessity to ensure the safety of you and also the people around you.

3. Safety is in your HANDS. Literally!

Our hands touch many things and surfaces daily, which means they are massively exposed to the virus. Later these hands can act as a carrier and can make our bodies vulnerable to the infection. So, we must wash our hands regularly and properly. Hands should be either washed by using soap and water or using hand sanitizers with a minimum of 70% alcohol. Especially when you are in a public place, carry a sanitizer with you always and use it whenever you touch an unknown surface. Avoid touching your nose, eyes, face, and mouth with unclean hands. Also, maintain personal hygiene and even keep your surroundings disinfected.

4. Vaccine is a must

Responsibly participate in the vaccination drive and get yourself vaccinated with both the doses of the vaccine. Also, encourage others to get themselves vaccinated. The vaccine is a game-changer during these challenging times, so be responsible and take the shot whenever available.

5. Your Health, Your Priority

In this depressing environment, it is wise to understand that staying positive can flush all the negativity and restore happiness. Every human is a superhero during these crucial times. Together we all can do wonders, follow these guidelines, and realize the importance of Covid appropriate behaviour and be a life saviour.

Lastly, in this extreme situation, closely monitor your health for any unexpected changes in your body. Never underestimate any symptoms, stay alert and consult your doctor in case you feel something odd. It is suggested to have an appropriate 

health insurance 

policy that acts as a rescuer for immediate cashless hospitalization and huge Covid related hospital expenses. You can buy Health Insurance Online in a contactless manner from a trusted source to ensure your health cover.

Let's make this difficult period a little lighter, both emotionally and mentally, and win this battle.

Amidst this pandemic, the human race is praying desperately for the cure. After so many efforts, we are finally blessed to have a vaccine now. It is indeed significant that it could be made in such a short period; all credit to our advanced medical researchers.

Want to get the COVID-19 vaccine? Please check this step-wise procedure.

The first step to get vaccinated is to register yourself on the CoWin portal and get an appointment for the first dose of the vaccine. CoWin is a trusted platform designed by the government, which runs both independently and also on the Arogya Setu app. Avoid using any other portal or application for registering yourself as a lot of fraudulent portals are being run to fool people. Know exactly where the vaccine drives are rolling in your vicinity.

Also, it is important to know the difference between various doses, their side effects, and which one is suitable for you to take. Do this with the help of a physician or a doctor before taking your shot of vaccine.

Setting up your mind to get vaccinated without getting afraid is important. Vaccination is nothing but immunization!

What is to be done before getting vaccinated?

Register yourself on the government-suggested website and get an appointment for a particular day. As your day of vaccination is close, take adequate rest. Have enough sleep of 7-8 hours and avoid exhausting yourself. Also, if you are on some other medication or if you are on steroids or any immunosuppression, then consult your doctor.

For the safer side, if you feel any symptoms like cough, fever, cold, sore throat, etc. on or before the day of vaccination, then seek medical help. Consume a balanced diet to boost your immune system and to maintain your energy level. Stay hydrated, it is the key to stay calm inside out.

What to do when ‘it is the day’?

On the day of your shot, do a safety check. Ensure you are wearing a proper face mask and sanitize your hands properly. If possible, wear hand gloves too to maintain zero contact. Foremost, wear loose clothes when you are going to the vaccination centre because the vaccination spot is on the upper arm, giving easy access to the vaccinator.

The most important thing is to stay positive. Don't get anxious, take slow deep breaths. Think of a positive outcome – this shot is going to be a shield for you and others around you.

And, please carry your photo ID card mentioned in your appointment details for vaccination.

What are the steps taken after getting vaccinated?

The primary step is to monitor yourself. If there are any side effects, they will appear within 30 minutes after getting your vaccine shot. There are mild and common effects like swelling, redness on the arm, dizziness, headache, chills or mild fever, joint or muscle ache, etc. Remember that these side effects will subside within a few days.

If you feel severe symptoms like vomiting, fainting, allergic reactions, then seek medical help immediately. Avoid consuming painkillers or any other medication unless you consult a doctor about it.

The second dose is equally essential, so don't miss that. There should be a fair gap of 4-12 weeks between both the doses.

And most important of all is, even after getting vaccinated, don't stop taking precautions in day-to-day life. Continue wearing your masks, do sanitize properly and maintain social distancing.

Also, considering the risk pandemic brought, if you already don't have an existing health insurance, it is time to purchase a new 

health insurance plan

 .You can buy Health Insurance Online to get coverage to protect your family from sudden illnesses, hospitalization and medical expenses.

Let us be responsible, and let us all protect one another and help our community get through these pandemic hard times. Stay Safe, Get Vaccinated.

Congratulations! That’s a very smart decision you’ve made, having decided to get personal accident insurance for yourself. But what now? Not sure where to start or which insurance to get? Don’t worry, that’s why we are here – to help your find the right plan using our truth lens 

Accident insurance is a type of  personal insurance that protects from any unforeseen event listed in the policy. Though we know it is difficult to find the Best Accidental Insurance Policy In India, we have listed a few checks to compare Individual Accident Insurance Quote in India.

We’ve categorised the process of getting the right insurance into 5 simple steps. Here goes:

Prioritise your needs

Right now, the only thing you have considered is buying insurance to protect you in case of an accident. However, it would be helpful to prioritise your needs. If you want to secure your finances and save tax, keep that your priority. If you have a family, securing them becomes your priority. Understanding your priorities helps you figure out what kind of a plan you’d need.

Compare premiums and plans

While you know you need a policy that keeps you prepared for accidents, there are many other things to consider when it comes down to purchasing it. A common worry for most people is hefty premiums. Make sure you compare quotes from a couple of insurance providers before zeroing down on one. 

While most insurance plans offer the basic covers such as accidental death, total permanent disability etc. some providers may also offer additional benefits such as ambulance charge cover or education fund for your child. So, make sure you compare the offerings as well.

There are various covers for family as well as for individual health insurance offered by Magma

Research your insurer

Once you’ve figured out who you want to get the insurance from, it’s time to make sure it’s the right choice. Check out the provider’s claim settlement ration, which will tell you how likely they are to settle your claims if the occasion arises. For instance, Magma personal accident insurance is a policy with a claim settlement ratio of 91.85%. You should also check how extensive their network of hospitals is because a wide network means more options for you to get cashless treatment. 

Understand the limitations and exclusions

We have all heard of those cases where a lot of people find their insurance claims requests lost in the fine print. A good way to avoid that is by going through their policy wordings with a fine-tooth comb and to understand exactly what is covered and not covered. 

Figure out how to financially plan for it

Now, you can finally get to the purchasing part of the process. A common notion about insurance is that it is expensive but anyone who has ever had to pay hospital bills knows it’s not nearly as expensive. Having to pay these bills separately ends up costing even more than your premium. Premiums paid towards insurance also helps you save on taxes and hence, it makes for a great financial planning tool.

Now that you know how to get the right personal accident insurance, go ahead and secure your future right now. For comprehensive accident coverage take a look at our personal accident policy CLICK HERE.

Looking for Individual Personal Accident Insurance, you’ve come to the right place!