Showing posts with label Insurance. Show all posts
Showing posts with label Insurance. Show all posts

18 May 2011

The insurers who are stealing your money

Someone who I know was looking to buy a life insurance on policybazaar and could not help but wonder about the low premiums at which Aegon Religaire was selling its life insurance policies when compared to LIC etc.

I too could not figure out the mystery behind the low premiums unless I read an interesting article on how insurance companies like Aegon Religare, Future Generali, DLF Pramerica and India First are selling cheap policies with low premiums but then get even with the insured by rejecting their insurance claims.



04 April 2011

The Basics of Buying Car Insurance and not Overpaying for it

For new and first time car buyers, buying insurance after the first year can become a trick exercise. Not many first time buyers are aware of the intimacies of insurance as it is generally given for free for the first year at the time of purchase by the dealer. Buying car insurance is very easy, but overpaying for your insurance is even easier. Insurance companies are waiting for customers who are ignorant about insurance and are great at selling you expensive insurance. Educating yourself on the basics of buying insurance will help you in saving lots on your insurance premium. Car insurance is made up of two components: