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A Complete Guide to IDV in Motor Insurance

The Maximum Sum Insured for Total Loss represents the maximum amount payable in case of total loss or theft. To properly select the IDV value when buying or renewing your car insurance online, it is important to use this figure to ensure that you have enough financial protection and that you are correctly paying your premium and will receive what you expect should you experience a claim.

Definition of Insured Declared Value (IDV)

IDV car insurance refers to the Insured Declared Value, which represents the current market value of a vehicle. It is the maximum amount payable by the insurer in case of theft or total loss. The idv value in insurance is determined based on the manufacturer’s listed selling price after deducting depreciation as per guidelines issued by the Insurance Regulatory and Development Authority of India (IRDAI).

Why is IDV Not Included in Third-Party Insurance?

IDV does not apply to third-party policies because such policies only cover damages caused to third-party property or life. They do not compensate for damage or loss to the insured vehicle. As per the Motor Vehicles Act, third-party insurance is mandatory but limited to liability coverage; IDV car insurance is only relevant for own-damage or comprehensive policies.

Role of IDV in Financial Protection

The idv value in insurance directly is a critical component to be aware of because it directly affects how much an insurance company will pay you for your vehicle.

­It determines how much an insurance company will pay you if your vehicle is stolen or has a total loss.

It guarantees financial protection equivalent to the current market value of your vehicle.

It makes it easier for you to get a quote on auto insurance online without having to know accurate coverage

Depreciation-Based IDV Calculation Explained

Up to 6 months: 5% depreciation

6 months–1 year: 15%

1–2 years: 20%

2–3 years: 30%

3–4 years: 40%

4–5 years: 50%

Relationship Between IDV and Insurance Premium

Premiums vary based on IDV. Higher IDV places the insurer at greater risk, increasing premiums. On the other hand, a lower IDV not only reduces the premium but also increases the risk of undercompensation during a claim. To ensure you get a fair balance between cost and coverage in any car insurance online policy, you need to determine an accurate IDV value.

Role of IDV in Total Loss Claim Payout

If an insured vehicle is totally lost or stolen, the insurer will pay a maximum amount equal to the declared IDV. If the declared IDV value of the insurance is lower than the actual market value, you might not receive the full amount of money to replace your vehicle. To receive fair value for your car and an easier claim process, an accurate valuation is essential.

Facts vs Myths: IDV in Motor Insurance

Having a high IDV does not automatically mean better coverage, because having too high an IDV can result in a premium increase, with no actual proportional benefit. A lower IDV reduces your financial risk and premium, and it limits claims to the IDV amount.

IDV is normally constant over a period of time, but with depreciation, the IDV declines yearly.

Conclusion

IDV car insurance heavily influences the coverage value, premium, and claims settlement found in a comprehensive car insurance policy. An exact declaration of IDV, in accordance with IRDAI's depreciation methodology, will help in providing a measure of financial protection and a means of keeping the policy efficient.

FAQ’s

1: What is IDV in car insurance?

Insured Declared Value (IDV) is the most you can claim from your insurer if your vehicle is stolen or lost.

2: How is IDV calculated for older cars?

For vehicles older than five years, IDV is determined through mutual agreement between the insurer and policyholder.

3: Can IDV be changed during policy renewal?

Yes, IDV can be revised at renewal based on depreciation and the vehicle’s current market value.

4: Does IDV affect the premium?

Yes, a higher IDV results in a higher premium, while a lower IDV reduces the premium amount.

5: Is IDV applicable for third-party insurance?

No, IDV applies only to own-damage or comprehensive motor insurance policies, not third-party cover.

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Secure your Mahindra Bolero with SBI General's car insurance plans. Enjoy wide coverage, hassle-free claims, and unmatched support for your

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Buy own damage car insurance or standalone OD car insurance policy for full coverage against accidents, theft & damages. Get instant quotes

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Understanding Carbohydrate Deficiency Diseases and Their Treatment

Overview The energy required for normal physiological functioning comes from primary sources such as carbohydrates. When too few carbs are consumed for a long period, the body turns to other forms of energy to feed itself. This can lead to several health issues. The diseases associated with carbohydrate deficiency can be chronic, as the body becomes unable to meet its energy needs because of long-term insufficient carbohydrate consumption. It is not only the undernourished ones who are susceptible to these conditions. Individuals following restrictive diets, those with absorption disorders, or people with increased metabolic demands may also experience carbohydrate-deficiency diseases. Hence, early awareness and management are essential. Let’s learn more about the same.

Understanding Carbohydrate Deficiency in Human Nutrition

A deficiency of carbohydrates occurs when daily carbohydrate intake falls below the level required to sustain normal bodily functions. Carbs provide glucose for energy to fuel the head, arms, legs, etc. When the amount of available glucose goes down, the body starts burning fat and protein for fuel instead. This results in metabolic stress being placed on both the body and the entire metabolic system as a whole.

Common Diseases Associated with Carbohydrate Deficiency

Prolonged deficiency of carbohydrates may contribute to the following conditions:

Ketosis – A metabolic state where the body starts using stored fat for energy instead of glucose (which mainly comes from carbohydrates)

Hypoglycaemia – Low blood glucose levels leading to dizziness and fatigue

Protein-energy malnutrition – Muscle wasting due to protein being used for energy

Chronic fatigue syndrome – Persistent tiredness as a result of energy needs not being met

Common Signs of Carbohydrate Deficiency Diseases

To get an early intervention, it's critical to recognise early signs of trouble. A few of the common carbohydrate deficiency symptoms include:

Persistent excessive tiredness and weakness

Lack of ability to concentrate; brain fog

Headaches; dizziness

Unintentional and unsustainable weight loss

Mood swings or irritability

Factors Leading to Carbohydrate Deficiency

Several dietary and medical factors contribute to carbohydrate inadequacy. The most common carbohydrate deficiency causes include:

Extremely low-carbohydrate or ketogenic diets without medical supervision

Eating disorders or prolonged fasting

Gastrointestinal disorders affecting nutrient absorption

Chronic illnesses that increase energy requirements

Individuals at Risk of Carbohydrate Deficiency

Certain individuals may have a higher risk profile:

Individuals following restrictive weight-loss diets

Athletes with high energy expenditure

Older adults with reduced appetite

People with digestive or metabolic disorders

Treatment Options for Carbohydrate Deficiency Diseases

Management focuses on restoring balanced nutrition and addressing underlying carbohydrate-deficiency causes. Treatment approaches include:

Gradual reintroduction of complex carbohydrates such as whole grains and fruits

Medical supervision for diet-related metabolic conditions

Nutritional counselling to ensure sustainable dietary habits

Monitoring blood glucose and metabolic markers

In severe cases, hospitalisation may be necessary. This makes it important to have adequate financial protection via a suitable medical insurance policy that covers diagnostics, consultation fees, and hospital care, so one can recover with peace of mind. 

Why Health Insurance Is Important for Long-Term Care?

If one has nutritional deficiency disorders, the treatment process may involve repeated consultations, laboratory tests, and specialist care. Comprehensive health insurance helps reduce the financial burden associated with such ongoing treatment needs.

Key benefits typically offered under a standard medical insurance policy include:

Coverage for hospitalisation and day-care procedures

Access to network hospitals for cashless treatment

Pre- and post-hospitalisation expense coverage

Selecting appropriate coverage early enables individuals to buy health insurance before medical risks escalate. Timely decisions to buy a medical insurance policy support long-term health planning and financial stability.

Wrapping Up

Not many people know that carbohydrate deficiency can result in complications to an individual's health if it continues to go untreated. By understanding the symptoms, carbohydrate deficiency causes, and how to treat them, you could potentially improve your health by taking preventative measures and treating them as early as possible. In addition to proper nutrition, structured financial planning, such as having properly insured medical benefits for all parts of your care, will play an important role in providing adequate management of your health.

Individuals are advised to consult a qualified healthcare professional for diagnosis or treatment decisions.

FAQs

1: What happens if carbohydrate intake is too low for a long time?

When people eat a lot fewer carbohydrates than their body needs for an extended period of time, they can feel tired, have metabolic issues, and have nutrient deficiencies that negatively impact their overall health.

2: Do low-carb diets always cause health issues?

Low-carb diets may be safe when medically supervised. Risks increase when such diets are followed without professional guidance.

3: Does health insurance cover nutrition-related illnesses?

Coverage depends on policy terms, but many plans may include hospitalisation and treatment related to nutritional deficiencies.

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How to Get a PUC Certificate for Two-wheelers in India?

Overview

A Pollution Under Control (PUC) Certificate is an official document that confirms a vehicle’s exhaust emissions fall within the limits set under Indian norms. For bike owners, having a PUC for two-wheelers is proof that their bike’s emissions are acceptable for road use. A typical PUC certificate displays the vehicle registration number, test date and expiry date, emission readings, and details of the authorised test centre. The PUC certificate for two-wheelers is usually valid for one year. After that, renewal is commonly required every six months, depending on the rules in force and the emission results for the vehicle.

How to Get a PUC Certificate in India?

Getting a PUC for two-wheelers is a quick process. Most riders use one of two methods:

Offline: Visit an authorised emission testing centre

Online: Access the certificate later through VAHAN or Parivahan.

Offline Method: Visit an Authorised Emission Test Centre

This is the traditional process used by many:

Take the bike to an RTO-approved emission test centre, which is often located at a gasoline station.

The operator inserts a probe into the exhaust while the engine continues to run.

The machine checks emissions in a short time.

If the numbers stay within limits, the PUC certificate required for two-wheelers is issued immediately, and the entry is generally updated in the database.

This method suits riders who prefer walking away with a printed certificate in hand.

Online Method: Download via VAHAN or Parivahan Sewa

An online PUC certificate for two-wheelers is helpful when a digital copy is needed quickly or when the printed slip is not available. After the authorised centre uploads the test details, the certificate is usually accessed via the portal.

The steps are:

Open the Parivahan Sewa portal.

Go to the “PUC Certificate” section.

Enter the vehicle registration number and the required details.

Pay the charge as required.

Download and save the certificate. 

This option also makes it easier to verify validity without travelling to the centre again.

Pollution Under Control (PUC) Certificate Charges

Fees are usually modest and may differ slightly across states:

Two-wheelers: ₹60 to ₹100

Cars: ₹100 to ₹150, depending on the type of four-wheeler

In most cases, the fee is far less than the penalty for not having a valid certificate. The fee may vary across states and RTOs. It is advised to confirm details with your nearest RTO before proceeding. 

What Is the Emission Test Procedure to Get a PUCC?

The emission test is simple:

The engine is kept running during the test

A probe is inserted into the exhaust pipe

CO (carbon monoxide) and HC (hydrocarbon) readings are measured in real time

The outcome is recorded and linked to the vehicle record

If the values are within the limits set by the government, the PUC for two-wheelers is issued at the centre. 

Different Types of Emission Tests for Vehicles

PUC testing depends on the type of vehicle:

For two-wheelers: CO and HC measurements, among other parameters, are checked. 

For petrol/CNG/LPG cars: CO and HC measurements. 

For diesel vehicles: Opacity test, which checks the smoke density. 

Modern tests may measure lambda/sensor-based parameters along with CO and HC. Additional measurements may be carried out as per norms.

Why is a PUC Certificate Compulsory in India?

Vehicles contribute to air pollution, particularly in busy urban areas. A PUC for two-wheelers supports regulatory monitoring by ensuring emissions stay within permitted limits. It also encourages basic upkeep, since poorly maintained engines often show higher emission readings during tests.

Lastly, keeping a printed slip or an online PUC certificate for two-wheelers stored on the phone makes compliance faster and avoids delays.  

How to Renew a PUC Certificate for Two-Wheelers Online?

Online renewal still requires a fresh emission test at an authorised centre. After the test is completed and uploaded, the renewed certificate can typically be accessed online.

A common renewal flow looks like this:

Visit the Parivahan Sewa portal and look for renewal-related PUC services (where available).

Complete a new emission test at an authorised centre.

Download the updated certificate once it appears in the records.

How to Download the PUC Certificate?

If the PUC for your two-wheeler is already present in the system, downloading it is usually straightforward:

Open the Parivahan portal and proceed to ‘Online Services’.

Enter vehicle details, such as the registration number (and additional details, if requested).

Verify using the OTP.

Save the digital copy on the phone.

A digital copy is generally accepted as valid proof during traffic checks.

Penalty or Challan for Not Having a PUC for a Bike

If stopped without a valid certificate, a rider may face a fine. The amount can be significant depending on enforcement. Keeping a valid PUC certificate for two-wheelers avoids unnecessary complications during routine checks.

Conclusion

PUC for two-wheelers is an essential compliance document. It confirms that the bike’s emissions remain within permissible limits and helps avoid penalties during road checks. A PUC certificate may also be required to raise a claim on your bike insurance policy. Since the test is quick and the cost is low, keeping the PUC certificate up to date is a practical routine for riders.

Whether the certificate is collected from a nearby centre or accessed online, check the expiration date and renew it on time.

FAQs

1: Is a PUC certificate mandatory for EVs (electric vehicles)?

No. Electric vehicles do not produce tailpipe emissions, so they are generally exempt.

2: Can a certificate be issued from any testing centre?

No. Only authorised, RTO-approved testing centres can issue a valid certificate.

This blog is intended solely for educational and informational purposes. The content may include outdated information regarding the topic discussed. Readers are encouraged to confirm the accuracy and relevance of the data before making any significant decisions. SBI General Insurance disclaims responsibility for any errors or consequences arising from the use of outdated information provided herein.

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Family Trip to London: Key Planning Essentials

Planning a family trip involves more than simply booking flights and accommodation for children and adults. There is a need to plan for economic, safety, and travel insurance to cover unexpected situations. Careful planning gives families the ability to focus on enjoying their vacations rather than dealing with logistical issues while they are away from home.

Key Reasons London Is a Popular Family Destination

London combines history, modern infrastructure, and family-friendly attractions. The city offers reliable public transport, internationally recognised healthcare facilities, and clear tourist information systems. Budgeting is easier when travellers understand exchange rates, particularly the London to India currency conversion, as daily expenses, attractions, and dining costs are generally higher than in India.

Popular Family-Friendly Attractions in London

The British Museum and Natural History Museum (free entry)

London Eye for city views

Hyde Park and Kensington Gardens for leisure time

Day trips to nearby cities for broader family and travel experiences

While European itineraries sometimes include activities such as a gondola ride in Venice, London-focused trips benefit more from structured city experiences and museums.

Why Is Family Travel Insurance Necessary?

Families take part in many international vacations, which carry a variety of risks, including medical emergencies, lost baggage, and delayed flights. Travel insurance will help families manage some of these potential costs. This is especially beneficial for families travelling to a country like the U,K where the cost of healthcare is high. 

Coverage Offered Under Family Travel Insurance Plans

Emergency medical treatment, including hospitalisation

Trip cancellation or interruption

Loss of checked luggage and passports

Coverage for children under a single policy

More and more travellers are now using the online travel insurance app to compare different insurance plans, including policy information, comparisons between different providers, and electronic documentation.

Common Exclusions to Be Aware Of

Excluded from coverage are pre-existing medical problems (unless declared)

Losses due to negligence

High-risk adventure sports

Non-essential expenses beyond policy limits

Key Criteria for Evaluating Insurance Plans

When evaluating travel insurance plans for families going to London, consider:

Coverage limits and exclusions comparison

The insurer's claim payment ratio

The ability to use digital tools such as the insurance company's website to file a claim.

Do not include irrelevant add-ons such as the Journey Insurance for taking a gondola ride in Venice.

Understanding the cost of the London to India currency rate will help you identify the limits of coverage.

Essential Safety Guidelines for Families in London

Carry a copy of your visa/Passport & Insurance Documents

Use only Licensed Transport Services

Supervise Children in Crowded Areas

Always have access to Emergency Contact Numbers that can reach you.

Final Thoughts

Plan your trip to London carefully to strike a balance between seeing the sights and preparing financially and health-wise. Proper insurance, budget knowledge, and having sufficient documents will provide for a much smoother experience while travelling with your family or internationally.

FAQ

1: Is family travel insurance mandatory for visiting the UK?

Family travel insurance is not legally mandatory in the UK. Nevertheless, it is highly recommended because the expenses of medical treatment for non-UK residents and many visitors do not have access to NHS services.

2: Does one insurance policy cover all family members?

Most family travel insurance plans cover parents and dependent children under a single policy. Coverage terms, age limits, and benefits may vary based on the insurer and policy structure.

3: Are children covered for medical emergencies under family policies?

Yes, family policies generally include medical emergency coverage for children. This includes hospitalisation, emergency treatment, and related expenses, subject to policy limits and exclusions.

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The Insurance Regulatory and Development Authority of India (IRDAI) has introduced a new mechanism for collecting insurance premiums called Bima-ASBA (Applications Supported by Blocked Amount). This system changes how insurers collect money during the policy issuance process. The Bima-ASBA framework represents a major improvement in how insurance premiums are handled in India. By shifting from upfront payments to a fund-blocking model, IRDAI has strengthened transparency, reduced refund complications, and ensured that customers only pay for approved policies. Read more: https://www.sbigeneral.in/blog/general-insurance/general-gi-simplified/irdai-bima-asba-guidelines-for-insurance-premiums

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Qatar Visa on Arrival for Indians: Stay, Eligibility, and Key Requirements

Through the process of granting Visas on Arrival, Qatar has granted eligible Indian passport holders an opportunity to visit the country for a short period without having to apply for a visa before departure. Qualified Indian passport holders can enter Qatar for a maximum of thirty days, provided they fulfil certain criteria and provide the necessary documentation. Along with that, travellers must adhere to Qatar’s quarantine rules for India.

Reasons Indian Travellers Prefer Qatar’s Visa-on-Arrival Facility

The Qatar on-arrival visa for Indian citizens facilitates the ability to travel within Qatar without having to go through an embassy to apply for an entry visa. 

Key reasons for its popularity include:

No prior visa application is needed

Stay duration: Max duration of 30 days

One extension of the visa is allowed but requires permission from the relevant authorities.

The only place the arrival visa for Indian citizens can be obtained is Hamad International Airport.

Eligibility Criteria for Qatar On-arrival Visa for Indians

Valid Indian Passport with at least six months remaining on the issue date.

You must have a confirmed return or onward flight reservation.

You must have a confirmed accommodation reservation with an acceptable provider.

You must provide proof of adequate financial support for the duration of your stay.

You must have an active travel insurance policy that covers the entire duration of your stay in Qatar.

Documents Required for Visa on Arrival

Indian passport (minimum six months' validity)

Confirmed return flight ticket

Hotel booking details

Travel insurance policy document

Proof of financial means

Process to Obtain a Qatar On-arrival Visa for Indians

Arrival at an approved port of entry

Submission of required documents to immigration

Verification by immigration officials

Grant of entry permission for up to 30 days

Types of Qatar Visas Available

Tourist visa (pre-approved)

Family visit visa

Business visa

Work visa (requires sponsorship)

Qatar Visit Visa as an Alternative

For travellers who do not meet the visa-on-arrival criteria, a Qatar tourist visa can be applied for in advance through authorised channels. This option is suitable for longer stays or specific travel purposes.

Key Visit Visa Highlights

Pre-Approved Entry before you really go

Long-term staying

Requires approval ahead of time

Best Travel Period for Indians Visiting Qatar

The best time to visit Qatar is from November to March, when the weather is milder. Summer months may involve extreme heat conditions.

Final Observations

For Indian nationals who fulfil all documentation requirements, the Qatar on-arrival visa provides a convenient entry route into Qatar. Compliance with all immigration regulations will allow for smooth entry into Qatar, including mandatory travel insurance.

FAQ

1: Is a visa on arrival available for Indians in Qatar?

Yes. Indian passport holders meeting Qatar’s eligibility conditions can obtain a visa on arrival. This facility is primarily available for short-term tourism and visit purposes.

2: How long can Indians stay in Qatar with a visa on arrival?

A visa on arrival allows Indian travellers to stay in Qatar for up to 30 days. The stay may be extended once, subject to approval by Qatari authorities.

3: Is the Qatar visa-on-arrival free for Indians?

The visa on arrival is issued without a fee. Travellers will have to pay for their travel insurance, hotel, and all other expenses associated with their visit to Qatar.

4: Can Indians work in Qatar on a visa on arrival?

No. Visa on arrival will not permit individuals to work within the country; anyone wishing to work will need to obtain a proper working permit issued by an employer based in Qatar. 

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How to Switch from Third-Party to Comprehensive Car Insurance? We may have heard this phrase many times and chosen the most basic third-party car insurance. However, third-party car insurance often doesn’t provide adequate protection, leaving them at risk for the expenses of repairing a damaged vehicle. To ensure complete coverage, they should consider switching to a comprehensive insurance policy. In this post, the author will discuss how to make that transition and what they should keep in mind before taking this important step.

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SBI General Insurance – Best Health & Medical Insurance App

Protect your health with the SBI General Insurance App — the best health and medical insurance app for proactive wellness and easy policy management. Choose from family, senior citizen, and cashless health insurance plans. Monitor health metrics with advanced health tracking features, get policy documents instantly, and enjoy fast claim settlement wherever you go.

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5 Lakh Health Insurance

A 5-lakh medical insurance policy is a prudent step towards securing your finances and preparing for unforeseen medical emergencies. This article will delve into the benefits and common inclusions of a 5-lakh insurance policy, helping you make an informed decision.

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5 Important Car Insurance Add-ons You Must Know About

A standard car insurance plan covers many common risks, but certain situations require additional protection. This is where insurance add-ons become valuable. They strengthen your policy by covering expenses that a basic plan does not include. When chosen wisely, add-ons ensure financial security and smooth claim experiences. Understanding how each add-on works helps you customise your motor insurance policy for better protection.

What are Car Insurance Add-ons?

Car insurance add-ons are optional covers that enhance your base policy by providing extra financial benefits during claims. They offer additional protection that is not included in a standard comprehensive plan. These add-ons are purchased by paying a small extra premium during policy purchase or renewal. When added to a car insurance policy online, they help reduce out-of-pocket expenses and safeguard the vehicle against specific risks.

Why Do You Need Car Insurance Add-ons?

Add-ons are essential because they protect car owners from expenses that may not be covered under a normal policy. Factors such as rising repair costs, advanced car technology, and unpredictable weather conditions make these add-ons valuable. They support better claim settlement, reduce depreciation-related losses, and offer greater peace of mind while driving. Whether a new or old car, add-ons ensure the auto insurance policy works efficiently during emergencies.

List of Five Important Car Insurance Add-ons

Zero Depreciation

Zero-dep cover removes the impact of depreciation on claim settlements. Without this add-on, the insurer deducts the depreciated value of parts when settling claims. With zero depreciation added to your car insurance, the insurer pays the full cost of replaced parts without a depreciation deduction. This helps owners save significantly on repair bills, especially for new or premium vehicles.

Engine Protect

Covers damages to the engine caused by oil leakage, water ingress, or mechanical breakdown. A standard motor insurance policy does not cover engine damage unless it is caused during an accident. Modern engines are expensive to repair, and this add-on ensures complete protection against engine repair or replacement costs. It is particularly useful for cars in flood-prone areas.

Consumables

Consumables include items such as engine oil, grease, nuts, bolts, screws, brake fluid, and lubricants. These items are not covered by a basic car insurance policy, but this add-on ensures they are included during a claim. It is highly beneficial because consumable expenses can be substantial during major repairs.

Return to Invoice

The add-on is valuable in situations of total loss or theft. It helps the policyholder receive the full invoice value of the car instead of the depreciated value. This includes the original showroom price, registration cost, and road tax. For new cars, add-ons ensure the owner does not face financial loss if the car is stolen or damaged beyond repair.

Tyre Protection

Covers repair or replacement expenses for tyre damage not caused by an accident. Tyres can get damaged due to uneven roads, potholes, or sudden impact. Since tyre damage is often excluded from standard policies, this add-on ensures financial safety by covering punctures, sidewall damage, or tyre bursts. It is especially useful for vehicles frequently driven on rough roads.

Wrapping it Up

Add-ons help car owners customise their car insurance policy online to suit their driving habits, location and risk level. A well-chosen combination of zero depreciation, engine protection, consumables cover, return to invoice and tyre protection ensures comprehensive financial safety. These add-ons make an auto insurance policy stronger and more effective by reducing personal expenses during claims. Selecting the right add-ons and a reputable insurer like SBI General Insurance ensures long-term protection and smoother claim settlement for every car owner.

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Types of Health Insurance Plans and Ways to Choose One

A sound health insurance policy gives a family some cover against medical costs. The market holds many plans, and each plan serves a different need. A clear view of these choices helps a person make a steady decision that suits age, health state, and future cost risk.

Major Categories of Health Insurance Plans

1. Individual Health Insurance

This plan covers one person. It fits young adults or people who need a separate cover due to health limits in a group plan. The cover amount is used only for that one insured member.

2. Family Floater Plan

The family shares a single insured sum. It may suit families with members who seldom fall ill.

Key points:

One cover for all members

Cost is lower than separate covers

Works well when claim needs stay moderate

3. Senior Citizen Health Insurance

This health insurance plan is made for older adults. It holds cover for age-linked illness, day-care needs, and long stays. Premiums may be higher due to age risk, yet it gives some peace for medical costs in later years.

4. Critical Illness Health Insurance

A fixed sum is paid when the insured person is diagnosed with a listed critical condition. The payout is made once, and it may help in long rest periods or treatment that standard plans may not cover.

5. Maternity Health Insurance

This plan keeps coverage for childbirth costs and related care. Some plans also cover the newborn for a short time. Most insurers place a waiting period, so early planning helps.

6. Top-Up Health Insurance

A top-up increases total cover when medical bills cross a set limit. It is often chosen by people who already hold a health insurance policy but want higher cover at a fair cost.

7. Personal Accident Cover

This plan pays for injuries or death due to accidents. It covers partial and full disability, which supports the family when income stops for some time.

8. Hospital Cash Insurance

A daily cash amount is paid during a hospital stay. This may help with small costs like food or travel, which many plans do not include.

9. Disease-Specific Health Insurance

These plans focus on one illness type, such as diabetes or heart disease. They include tests and treatments linked to that condition.

Other Forms of Health Insurance Plans

1. Indemnity Health Insurance

Indemnity plans repay the actual medical bill. The cover applies until the sum insured is reached. These plans work like a shield for most hospital needs.

2. Fixed Benefit Health Insurance

These plans pay a set amount for the events covered. The payout stays the same, even if the medical cost is lower or higher.

Comparison Table: Indemnity vs Fixed Benefit Plans

Feature

Indemnity Health Insurance

Fixed Benefit Health Insurance

Claim type

Pays actual hospital bills

Pays a fixed lump sum

Flexibility

Broad use across treatments

Set use based on the event

Suitability

General medical cover

Specific events like critical illness

This table provides some clarity for buyers who want to compare basic claim styles. Each type of health insurance plan serves different health needs, and the right fit depends on how a person expects to use the scheme.

Factors to Consider Before Choosing a Plan

Important points to check:

Health history and known risks

Number of family members who need coverage

Waiting periods for illness or maternity

Network hospitals of the insurer

Claim process steps

Extra covers, such as top-ups or riders

These factors shape the final choice and help the policy fit long-term needs.

Conclusion

The range of types of health insurance in the market shows that each family or person may need a different plan. A steady review ofthe  cover amount, health state, and cost helps one select the right insurance plan with more clarity.

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All you need to know about a Group Health Insurance Policy

A group health insurance policy is a type of medical insurance that covers a group of individuals under a single plan. Typically offered by employers or entities, it provides healthcare benefits to employees and occasionally their dependants. Employers typically bear the premium, making it a cost-effective and inclusive solution, unlike individual health insurance.

Group health insurance provides collective medical coverage to employees and their families, offering cost-effective benefits for both employers and employees. It is a crucial welfare measure that enhances satisfaction, retention, and overall well-being.

Individual Health Plan vs. Group Health Insurance

Individual Health Insurance: Purchased by an individual for themselves and their family. Premiums depend on age, medical history, and risk factors. Costs rise with age, and pre-medical screenings are often required.

Group Health Insurance: Offered by employers or organisations under one master policy. Coverage continues as long as the employee is part of the organisation. Premiums are lower, no medical check-ups are needed, and pre-existing illnesses are often covered.

This makes group insurance plans more accessible, though they may not provide lifelong coverage once employment ends.

How Beneficial is a Group Health Insurance Policy for the Employees?

Employees enjoy several advantages:

Default Coverage: Automatic inclusion without extra cost.

No Medical Screening: Coverage begins immediately, even for pre-existing conditions.

Cashless Treatment: Access to a wide hospital network with simplified claims.

Family Coverage: Dependents like spouses, children, and parents may also be included.

Stress-Free Healthcare: Removes financial burden, motivating employees to perform better

Benefits of a Group Health Insurance Policy for the Employers

Employers also gain significantly from:

Lower Premium Costs: Bulk coverage reduces per-person expenses.

Tax Benefits: Premiums are deductible under income tax provisions.

Employee Retention: Acts as a loyalty tool, improving satisfaction and reducing attrition.

Motivation & Productivity: Employees feel valued, boosting morale.

Flexible Payment Options: Premiums can be paid monthly, quarterly, or annually

Thus, group health insurance is not just a welfare measure but also a strategic investment in workforce stability.

How does a Group Health Insurance Plan Work?

A group health insurance policy operates under a single master policy owned by the employer. Employees receive certificates of insurance, and coverage remains valid during their tenure. Key features include:

Immediate Coverage: No waiting period for claims.

Pre-existing Illnesses Covered: Unlike individual plans, coverage starts from day one.

Sum Insured Based on Salary: Varies across organisations, with options to enhance coverage by paying extra premiums.

Simple Claim Process: Employees present their health card for cashless treatment.

Why Do You Need to Pick the Right Insurance Partner?

Beyond affordability, factors such as hospital networks, claim settlement speed, wellness programmes, and after-sales services are crucial. A reliable partner ensures smooth administration, customised benefits, and employee satisfaction. Insurance providers like SBIG highlight the importance of tailoring group insurance plans with add-ons such as maternity cover, wellness perks, and mental health support.

Conclusion

A group health insurance policy is a win-win solution: employees gain affordable, stress-free healthcare, while employers benefit from loyalty, productivity, and tax advantages. However, since coverage ends with employment, complementing it with an individual plan is wise. Ultimately, selecting the right insurance partner ensures maximum value and long-term well-being.

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SBI General – Best General Insurance App The SBI General Insurance App is India’s best app for all insurance needs. Buy, renew, and track car, bike, health, home, and travel insurance. Access cashless hospitals & garages, manage claims, and enjoy seamless digital service—trusted by millions.

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