When to File Claim Application under Workmen Compensation Insurance?

A claim application for workmen compensation benefits should be filed by the workman immediately after an accident occurs. When a workman suffers injury in employment and while on duty then he should file for a compensation claim. Also, when a worker is diagnosed with a disease arising due to the nature of his work then […]

Read More

What Factors You Need to Consider About Property Insurance Coverage

It is good that you are thinking about buying property insurance; however, there are some factors that you should consider in order to ensure you choose the right one Key Takeaways The Trap of Underinsurance: Cutting down initial sum insured values to save on premiums backfires during major disasters; underinsurance is as bad as no […]

Read More

Tips to Buy the Right Fire Insurance Policy

Key Takeaways Targeted Asset Segmentation: Property protection relies on structural accuracy; leaseholders must focus on securing the right insurance coverage for content, whereas building owners must protect the master property structure. Strategic Premium Trimming: Contractors can directly reduce fixed insurance costs by selecting a higher deductible, shifting small initial loss layers internally to lower ongoing […]

Read More

Property Insurance: Just Expenditure or a Necessity?

In any case, property insurance is not an expenditure but a necessity that you should consider if you want to protect your property from both natural and man-made calamities like floods, storms, theft, burglary, etc. Given that property involves a huge investment, considering property insurance just as an expenditure is a mistake. Common sense says […]

Read More

Open architecture in insurance sector

Published in Mint on 17th July,2017 We ask the experts whether open architecture in insurance distribution (where distributors can sell products of multiple insurers) will bring greater efficiencies or will it be counterproductive Kapil Mehta, co-founder, SecureNow Insurance Brokers Open architecture is good if two conditions are met. First, it should operate at the point […]

Read More

Which group insurance policies you should buy for your startup?

Being an entrepreneur may sound like an exciting thing to you. However, there are certain things that need to be taken care of in order to ensure the smooth functioning of your business. Moreover, when you have a start-up, protecting it from all risks becomes more important because funds are limited, but the risks are […]

Read More

Does your Business Need Workmen Compensation Insurance Policy?

Yes, you need a workers’ compensation insurance policy, even if you have fewer employees. The fact is that any business working either part-time or full-time is vulnerable to lots of expenses if its employees become sick. Even if your business is statutorily exempt from buying coverage, you should properly weigh all the catastrophic costs of […]

Read More

Things to know about a fire insurance policy

At least six people died when a fire erupted at a four-story building of Excel Greentech, an LED packaging office in Noida’s Sector 11. It was lunchtime, and out of 40 staffers, around 15 were at the office, while others went out for lunch. So, massive was the fire, that an adjacent factory located around […]

Read More

Who Should Buy Errors & Omissions Insurance?

The Errors & Omissions Insurance (E&O) policy shields you and your company against lawsuits that may be filed by those customers, stakeholders, etc.; who have incurred losses due to your services or products. Also called professional liability insurance, the E&O insurance policy covers judgment, settlement, and various defense costs. Even if the allegations are false, […]

Read More