What Is Return To Invoice?

Return to invoice cover (RTI) is an add-on available under the own damage section of the insurance policy. The issue with comprehensive car insurance is that it doesn’t cover the depreciation in case of the total damage of the vehicle. In a total loss scenario, if you have comprehensive insurance the Insured Declared Value (IDV) will be paid to you. This claim amount would not be sufficient to purchase another vehicle.

Why is Insurance known as Tertiary Industry?

Insurance is known as a tertiary industry because it provides the facility of removing barriers of risk of loss due to theft, accidents, injury, etc.

How to Download Insurance Certificate?

To download your insurance certificate, log in to your insurance company's website using your account credentials, navigate to the section that displays your policy details, and locate the option to download the certificate (often labeled as “Download Certificate” or “Download Policy”). Select the specific policy for which you need the certificate, click on the download link/icon, save the generated PDF document to your computer or device, and review the downloaded certificate for accuracy before storing it securely for future reference or printing a hard copy if needed. Alternatively, visit the Parivahan website or the mParivahan app, which is available on the play store. By entering the vehicle number the details of insurance would be displayed on the app. Otherwise, call PolicyBachat toll-free number for more information.

What is PolicyBachat and How does it help with my Life Insurance Policy Purchase?

PolicyBachat is an online insurance web aggregator which helps in selecting the best insurance policy for its customers based on the customer’s requirements. We at PolicyBachat provide the customer with a wide range of options to select from. The best life insurance policy can be selected online from our portal. We even provide assistance to our customers in selecting the best life insurance policy based on the requirements of the customer.

How Do Insurance Companies Make Money?

Most insurance companies make money in two ways: Charging premiums to the policyholders and investing the insurance premium payments.

Why buy insurance online?

There are many different types of insurance and it can be difficult to decide which one is the best for you. However, by purchasing insurance online, you are able to compare different plans and find the one that suits your needs.

Here are some of the benefits of buying insurance online :

  • You can compare plans and find the one that suits your needs
  • You can save money on your current plan by switching providers

can husband and wife both claim maternity insurance?

Yes, it is possible to husband and wife both claim maternity insurance.

Can a policyholder nominate anyone for his Insurance Policy?

Yes. The policyholder can nominate anyone for his insurance policy.

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