Idv News

Money

Pet owners can buy insurance to pay for legal fees and compensations

Standard treatment for minor dog bite is vaccination. As this is an outpatient treatment, it is excluded in most health insurance policies. However, a few policies specifically cover dog-bite related vaccination treatment

4 min read19 Feb 2018
Special-reports

On the right track: 5 myths about IDV in car insurance busted

If you are under the assumption that the Insured Declared Value (IDV) of your vehicle is the current price of the model in the market, you are mistaken. Similarly, declaring a lower IDV to save on premium is not a wise move

5 min read31 Jan 2018
Money

A ‘return to invoice’ cover can pay the original cost of a vehicle instead of the IDV

In case of total loss of the vehicle, the insurer would reimburse the total sum assured of the policy, that is, the insured declared value (IDV)

3 min read4 Sep 2017
Money

Health cover should be equal to 50% of your annual income

A cost effective way to maintain a personal cover is with a top-up health insurance

2 min read30 Jun 2015

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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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