Car insurance premium depends on condition of vehicle and claim history

Oct 08 2013, 12:14 IST
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The quantum of no-claim bonus increases with every year if no claim is intimated on a continuous basis. The quantum of no-claim bonus increases with every year if no claim is intimated on a continuous basis.
SummaryFirms offer a bonus on renewal of policy if no claim has been intimated or paid in previous year.

health insurance policies provide post-hospitalisation cover as part of the policy benefits. This means that the health insurance policy will take care of treatment expenses after discharge from the hospital. Certain policies also cover domiciliary treatment as an additional coverage. Generally, health insurance policies cover post-hospitalisation expenses for a period ranging from 30 days to 90 days after discharge. You should check with your insurance company regarding availability of post-hospitalisation cover and the duration for which the treatment expenses will be considered.

* The writer is executive director, ICICI Lombard

* Send your queries at fepersonal

finance@expressindia.com

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