Mr. Michiel Berende, former underwriter and process manager for Dutch insurer Interpolis, got interested in microinsurance when he visited India in 2004.
He witnessed the after effects of the The Tsunami of 2006 and saw how much insurance can make a difference to vulnerable sections of the...
Auto Insurance has two parts; Own damage and Third party. As per govt rule, every vehicle running on road must have an insurance cover. Own damage part covers the risk related to the damage to vehicle only. The premium of own damage insurance part depends on make and model of vehicle. In the...