Introduction

In today\’s time it is very important to have insurance for every car. It not only provides legal protection but also provides you financial convenience. In case of an accident, car insurance helps you and other people from financial losses.

What is Car Insurance?

Car insurance is your financial safety that protects you and your car from accidents, theft and damages. If your car is damaged in an accident or some other loss, repair and medical expenses can be very costly. This is what car insurance does – it gives you financial support and protection so that you do not have to spend more money than you can afford.

Why is car insurance necessary?

Legal Requirement : Third-party insurance is mandatory in India under the Motor Vehicles Act, 1988. If you do not have insurance, you may be fine or even jail.¹

1. Legal Requirement – It is mandatory to get car insurance not only in our country but in most of the countries. If you do not have car insurance, you may be fined or penalized if caught by the police.
2. Financial Protection – If the car gets damaged due to an accident or natural cause (like fire), then there can be huge loss. Hence, the insurance company covers your loss.
3. Third-Party Protection – If your car causes any vehicle or third party loss, the insurance company covers the cost.
4. Peace of Mind – When you have car insurance, you don’t have to worry about where the money will come from.

By taking car insurance you not only get protection for your car but also help in becoming a responsible driver for others. Now we will see what are the different types of cars.

Types Of car Insurance

 Whenever you take insurance for your car, one or more plans come in front of you. Each plan has its own importance. So understand the types of car insurance given below.

Third-Party Liability Insurance (most basic and mandatory)

• This insurance is compulsory in India and all countries, driving a car on the road without insurance is a legal offense
• If your car damages someone else\’s car or property or a third person is injured, the insurance company covers the cost.
• But keep in mind that third party insurance does not cover the loss of your car.

Comprehensive Car Insurance (best and full coverage)

• In this, along with third-party liability, your car is also protected.
• All types of damages like accident, theft, fire, natural disasters (flood, earthquake) and vandalism are covered.
• If you want full protection of your car, then this policy is the best option.
• This plan is a little expensive than third-party insurance.

Collision Insurance (Protection of your car)

• If your car is damaged in an accident, the insurance company will bear the cost of repair
• Whether the accident happens due to some other reason or it is your mistake, the repair cost of your car will be covered.
• But there is no coverage for third-party damage or natural disasters.

Personal Injury Protection (PIP) (Cover of medical bills)

• If an accident happens due to any reason, the medical expenses of you and the people sitting with you are covered.
• Doctor fees, hospital bills, and even lost wages (if you are unable to work) are also included.
• This insurance is not available in all countries or states.

Zero Dep Insurance (100% claim without depreciation cut)

• Normally, the value of car parts depreciates over time, so the insurance company deducts the depreciation amount during claim settlement.
• In Zero depreciation plan, you get the entire money. Without deducting any charges.
• This plan is a little costly, but is the best option for new and luxury cars.

Pay-as-you-drive insurance (usage-based insurance)

• This is a new plan and smart insurance option that charges premium based on the amount of driving you do in your car.
• If you drive less or drive occasionally, you may find it cheaper than normal insurance.

Which insurance is best for you?

• If you just want to fulfil legal requirement → take Third-Party Insurance.
• If you want full protection → Comprehensive Insurance is best.
• If you have a new model or luxury car → consider Zero Depreciation Insurance.

• If you drive less → Pay-As-You-Drive plan will be right.

You should choose the best option according to your need! 🚗💡

How to choose the right car insurance policy

Taking car insurance is not a legal requirement, because it is for your financial security. But which policy is best for you? Which plan is best for you and good according to your need? It can be a bit confusing to see or take this.

Let us understand step-by-step how to choose the right car insurance policy:

Understand your needs 🤔

First of all, decide how much coverage you need:

• If you want to avoid police challan or legal charges → take Third-Party Insurance.
• If you want to protect your car → Comprehensive Insurance is best.
• If your car is new or of high value. → consider Zero Depreciation Policy.
• If you drive your car less. → look for Pay-As-You-Drive plan.

• Try out plans from different insurance providers

Try out plans from different insurance providers

All companies offer different premiums and plans, so it is not right to check the premium and buy a policy from a single company.

• Compare Premium + Coverage + Benefits.
• Use online insurance aggregators (  SAHWAL INSURANCE ).
• Take recommendations from friends and family who are already using the policy.

Read the fine print of the policy carefully 📜

Never buy any policy in a hurry! Insurance policies have many terms & conditions, which can give you problems at the time of claim.

• Check the coverage and exclusions (what will be covered and what will not).
• Is the claim process simple or complicated?
• Are there any hidden charges or deductibles?

Selection of Add-On Covers is done carefully 🛠️

If you want extra cover, you can get add-on covers, but you will have to pay extra premium for each cover.

✅ Zero Depreciation Cover: You will get the full claim amount, without depreciation deduction.

✅ Roadside Assistance: You will get help in case of breakdown or emergency.

✅ Engine Protection Cover: If the engine is damaged in a flood or accident, you will get cover.

✅ Consumables Cover: Even small things like nuts, bolts, engine oil, coolant will be covered.

Check the Claim Settlement Ratio ✅

Claim settlement ratio means how many claims the insurance company approves.

• a company\’s claim settlement ratio is high (95%+), its claims are easily approved.
• If a company\’s ratio is low, it faces problems in the claims settlement process.

So, choose an insurance company that provides fast and maximum claims amount.

Check Customer Reviews and Feedback ⭐

Before buying any insurance policy, definitely read the reviews of existing customers of that company.

• People share their experiences on Google Reviews, Quora, and Insurance Forums.
• If there are too many complaints about a company (such as claims of delays or poor service), avoid it.

Take advantage of discounts and offers 💰

Many insurance companies offer different discounts, such as:

• No Claim Bonus (NCB): If you did not make any claim last year and renewed the policy before 90 days, you will get a discount in your premium.
• Anti-Theft Device Discount: If your car has a security system, the premium may be less.
• Good Driver Discount: If you are a safe driver and your record is clean, some insurers give extra discount.

Conclusion

Taking car insurance is a long-term decision, so don\’t choose any policy without thinking. Compare, understand the need, and select the best option. 🚗✨

What is insurance? Why is it important and why is it necessary?

You must have heard about insurance that it is useful in case of a sudden accident. It is helpful in case of loss caused by any kind of accident like health insurance, car insurance, life insurance, home insurance. If you take any type of insurance then you get help in case of heavy loss due to accident or sudden incident. The insurance company covers the losses incurred due to insurance like third party, fire, natural disasters etc. This gives you financial help in case of heavy losses.

In this blog we will understand what is insurance, why it is important, and how you can choose the best insurance policy for yourself.

What is insurance?

Insurance is a type of relationship between you and the insurance company in which you pay premium (monthly or yearly) which also gives you financial assistance as per the insurance. Your insurance covers the heavy losses incurred in an accident and whether the loss is third-party or car/health/fire/travel etc. It also provides financial assistance along with relief in case of losses incurred as per the plan taken.

Irrespective of the reason for the loss incurred :-

• Accident ya injury
• Natural disaster (such as flood, fire)
• Health emergency
• Death
• Theft ya property damage

Having insurance helps in case of future accidents and provides financial help to your family.

Why is insurance necessary?

Emergency that happens in life never comes with any notice, hence only insurance helps in avoiding the loss that may occur.

These are some reasons why insurance is important :-

1. Financial Protection

This gives you financial help in case of maximum loss or hospital expenses in case of an accident.

2. Peace of Mind

You know that by taking insurance, you will be protected from any accident which will keep your mind calm and helps in case of any loss that may occur.

3. Legal Requirement

There are several types of insurance policies:

• Auto insurance is necessary to drive a car.
• Health insurance is mandatory in many places.
• Businesses are required to provide workers’ compensation insurance.

4. Economic Safety

Insurance helps stabilize not just individuals but the entire economy. Taking risks is easier when you know you are covered.

Types of insurance

There are many insurances in the market in which most plan types are mentioned.

1. Health Insurance

This plan covers medical expenses- expenses that may occur due to your health getting affected or due to an accident- hospital bills, medicines, surgeries etc. It covers heavy losses that may occur due to this and also gives you financial support. For this, it is very important to take health insurance here.

2. Car/Auto Insurance

Insurance is legally necessary for any auto or car to drive on the road. It covers any damage caused by any reason. It covers the cost of repairs, injuries or third-party damage in case of a car accident. It is legally required in India.

There are mostly two types of auto insurance, which are given below. 

• Third-Party Insurance – Third-party insurance covers losses such as third person, property, fire, etc. Third-party insurance is a legal practice in the country and this insurance is unique in India.
• Comprehensive insurance – Comprehensive insurance is a type of comprehensive car insurance. It covers damage to the car due to accident, theft, fire, natural disaster, etc. and also covers third-party insurance. Taking a single insurance covers the major losses that you may incur, which gives you financial help.

Now Get A Quote car Insurance

3. Home owners ya Renters Insurance

Your home is your dream that you share, but it covers damage caused by a disaster or accident – like fire, theft, or flood.

4. Life Insurance

Here the plan covers your death as you are the earning head of the family and at that time your family needs financial support.

5. Disability Insurance

If you are unable to work due to illness or injury, it provides you with income replacement.

6. Travel Insurance

In today’s time travelling means having to go for a fashion or some work in which case – the trip gets cancelled, luggage gets lost or any medical express coverage for your health.

7. Business Insurance

This is very important for business owners because it is also legally binding. It covers all the losses that may occur in your business like property damage, lawsuits, employee issues etc.

How to choose the best insurance?

Buying insurance can be a bit confusing, but with a few simple steps you can make the right decision:

1. Understand your needs

First of all, you should decide what you need protection for – health, car, life or home? And who are your dependents, then choose the insurance.

2. Understand the terms

• Premium – what you pay regularly

• Deductible – how much you will pay yourself first

• Coverage limit – how much maximum you will get

• Exclusions – what things are not covered

3. Compare

Take quotes from different companies and check the add-on and benefits offered in them.

4. Check the Company’s Reputation

Check the plan review of the company from which you are taking insurance, check its claim settlement ratio and also get an idea of ​​its financial strength.

5. Review the policy regularly

Your life changes – marriage, child birth, job change – review your insurance every year as per your needs before purchasing it.

Common Insurance Myths

There are some wrong assumptions that people make when thinking about insurance:

• “I don’t need it right now.”

 Emergencies don’t come with prior notice, and it is cheaper to buy insurance at a young age.

• “Companies reject claims.”

Many companies approve genuine claims on time.

• “I can’t afford insurance.”

Today’s plans are flexible. You can start with basic coverage.

• “All policies are the same.”

No! Coverage, premium, and terms are different for every company and plan.

Conclusion

Insurance may not be useful to you at this time, but it is a financial step. Getting the right insurance will help you and your family in financial crisis situations and this is your first priority.

Just do some research, understand your needs, and choose the right policy. When the need arises, you will thank yourself that you took insurance!

What is Two-Wheeler Insurance?

Two wheeler insurance is a type of vehicle insurance that covers accidents, theft and third-party financial losses of your motorcycles, scooters and two-wheeled electric vehicles. It provides protection to your bike and third parties along with legal financial coverage. It is mandatory in many countries.

Why do you need two wheeler insurance in India?

Why taking a bike insurance policy is beneficial for you:

• Protect your Pocket from Dents

Taking two-wheeler insurance protects you from accidents like accident, fire, disaster and third party damages. It gives you financial help.

• Be Covered, Legally!

It is mandatory to have at least third-party insurance under the Motor Vehicles Act. It is against the law to ride a bike without two-wheeler insurance in India. Therefore, it is very important to have at least third-party insurance. This covers the legal liability.

• Avoid traffic fines

In India or in many countries driving a two-wheeler without insurance is against the law and bike insurance can save you from a hefty fine.

• Get comprehensive coverage with add-ons

If you have taken add-ons while buying open two-wheeler insurance, then it covers the loss of the vehicle in case of an accident but all the add-ons have a different significance. For example, there are return to invoice, zero depreciation cover, breakdown assistance, consumables cover and tyre protection.

• Coverage for third-party damage

It is necessary to have insurance for your bike while driving a two wheeler in any country. In India, it is very important to have at least a third-party insurance cover. This covers the damage caused to a person or third-party property in an accident.

    What is covered in two wheeler insurance based ? 

Accidents

Damage and loss caused by accident or collision

Theft

If unfortunately your two-wheeler/bike gets stolen then

Fire

Damage and loss to your two-wheeler/bike in case of accidental fire!

Natural Disasters

Damage caused to your two-wheeler due to various calamities of nature such as flood, cyclone etc.

Personal Accident

Covers your expenses in cases where you have hurt yourself very badly!

Third Party Losses

When your bike causes injury or damage to any person, vehicle or property.

Get your bike insurance quotes now

What’s Not Covered?

Own Damages for Third-Party Policy holder

In case of third party or liability only bike policy, damage to own vehicle will not be covered.

Drunk Riding or without a Licence

Bike insurance policy does not cover situations where you were drunk or did not have a driving license

Driving without a valid Driving Licence holder

If you have a learning license or your license has expired, then your claim will not be covered in case of an accident that occurs at that time.

Add-Ons Not Bought

Some situations are covered in add-ons. If you haven’t bought those add-ons, the corresponding situations will not be covered.

Why Choose Two-Wheeler Insurance by Sahwal Insurance?

Cashless Repairs

Select cashless garages in every village and town

Smartphone-Online Self Inspection

Online Self Inspection facility from a phone as per your time

Super-Fast Claims

Claim support on one call and within minimum time

Customize Your Vehicle IDV

With us, you can customize your vehicle IDV as per your choice!

24*7 Support

24*7 call facility even on national holidays

Key Features of Bike Insurance by Sahwal Insurance

Key Features	Sahwal Benefits
Premium	Starting form ₹714
No Claim Bonus	0 to 50% Discount
Customizable Add-On	8 Add-On Available
Cashless Repairs	5000+ Garages
Claim Process	Smartphone-enabled claim process. With a call
Own Damage Cover	Available
Damage to Third-party	Unlimited Liability for Personal Damages, Up to 7.5 Lakhs for Property/Vehicle Damages

Bike Insurance Plans that Fit Your Needs

Third Party

It is legally mandatory for driving two-wheeler in all countries. It covers only loss and damage caused to third party person, vehicle or property.

Comprehensive

Comprehensive bike insurance is a type of insurance that covers both third-party liabilities and damages to your bike.

Own Damage

Own Damage plan is for you – it covers loss and injury to your vehicle only in case of accidents and collisions, natural calamities, fire and theft.

	Third-Party	Comprehensive	Own Damage
Damages/Losses to own two-wheeler due to an accident	×	✔	✔
Damages/Losses to own two-wheeler in case of fire	×	✔	✔
Damages/Losses to own two-wheeler in case of a natural calamity	×	✔	✔
Damages to Third-Party Vehicle	✔	✔	×
Damages to Third-Party Property	✔	✔	×
Personal Accident Cover	✔	✔	×
Injuries/Death of a Third-Party Person	✔	✔	×
Theft of your scooter or bike	×	✔	✔
Customize your IDV	×	✔	✔
Extra protection with customized add-ons	×	✔	✔

Documents Required to Buy Bike Insurance Online

To buy Sahwal Insurance bike insurance online, a load of paperwork is not required. Furnish only the following documents to buy a new two-wheeler insurance policy within minutes:

• Bike Registration Certificate 
• Previous year two-wheeler insurance policy, if applicable
• Any of these documents for KYC verification – PAN/Aadhar/DL/Voter id/Form 16/Passport

🏥 What is Health Insurance? An Easy Guide

In today’s time, illness can happen at any time, so health insurance is very important to avoid the cost of hospitalization which increases day by day. Whether you are working or thinking about your personal life, you should take health insurance. Along with the cost of hospitalization, your financial security is also included. In this blog, we will give complete information about health insurance – what is it, how does it work, what are its types, and which plan can be best for you.

What is Health Insurance?

Health insurance is a contract between you and the company. It is for one year and you pay a premium in return for which the company pays the medical expenses incurred when you fall sick or go to the doctor as per your insurance policy. This insurance protects you from big and unexpected medical expenses.

Why is Health Insurance Necessary?

Financial Protection

In today’s time, along with your expenses, hospital expenses are also increasing, in which the bill can be quite expensive, in which you get relief in expenses when you have insurance.

Better Healthcare Access

By having health insurance, you get access to good doctors, hospitals and specialists.

Peace of Mind

When you take an insurance policy, you feel tension-free.

How does health insurance work?

You pay yearly premium to the insurance company. But just paying premium is not enough. You have to pay some other charges as well:

• Deductible: First you have to pay this much money yourself, only then the insurance becomes active.
• Co-pay: You have to pay a fixed amount (like ₹500) when you go to the doctor.
• Co-insurance: After the deductible, the insurance company gives you some more % of the remaining bill.
• Out-of-pocket maximum: There is a limit after which the insurance company covers the entire cost.
• Example for Health Insurance : If the deductible is ₹10,000 and the hospital bill is ₹50,000, then you will pay the first ₹10,000, after that some % of the remaining ₹40,000 will be paid by you and the company will pay something else.

Types of Health Insurance

1. Private Health Insurance

These are provided by private companies:

• Employer-Sponsored Plans: Available through job. Affordable.
• Individual Plans: Have to be taken on your own, like freelancers or self-employed people take.

2. Government Health Insurance

These are government programs:

• Medicare: For people above 65 years of age.
• Medicaid: For low-income families.
• CHIP: For children who do not qualify for Medicaid.

3. Managed Care Plans

• HMO (Health Maintenance Organization): Treatment only from network doctors. Referral is required for specialists.
• PPO (Preferred Provider Organization): More flexibility. There is no need for referral.
• EPO: Only network doctors are covered.
• POS: A mix of HMO and PPO.

How to Choose the Right Health Insurance?

1. Understand your health needs

• Do you need regular doctor visits?
• Have you been sick for a long time?

2. Compare costs

• Check the company premium, deductible, co-pay, and out-of-pocket limit.
• The premium may be cheaper but consider the higher cost you may have later.
• Check the network of doctors
• Whether your preferred doctor and hospital are in network with the company or not.

4. Are medicines covered or not

• Check whether the medicine for the disease you are suffering from is included in your plan or not.

Do you want to Get Quotes of good plan now?

5. Extra Benefits

• Your plan also covers dental, vision, and mental health.

Importance T – In simple language

• Premium: Has to be paid every yearly.
• Deductible: You get the first amount and then you have to pay the first amount spent.
• CO-PAY: To be paid at the time of visit.
• Co-Insurance: Percentage of cost that you and the company share.
• Network: Doctors and hospitals that are included in the plan.
• Formulary: Medicines that an insurance company covers.

Preventive care is also covered

Most insurance company plans offer free testing for illnesses such as:

• Regular check-ups
• Vaccinations
• Cancer screenings
• Pregnancy check-ups

All these are necessary for early detection and staying healthy.

Challenges of health insurance

• Getting expensive: Premiums and costs are rising.
• Confusing Terms: Company policies and claims are difficult to understand.
• Free access: Not everyone has access to quality care.
• Coverage gaps: Not every plan covers everything.

Future of Health Insurance

• Telemedicine: Virtual doctor visits are now also covered.
• For claims processing and fraud checks.
• Value-based plans: The focus is on results, not just services.
• Customized Plans: Plans are being designed according to your lifestyle.

Conclusion

In today’s time, having health insurance is very important, it is not only for you but also for your personal safety and security. By choosing the right plan, you can take care of your health as well as your financial safety.

You should plan according to your needs, look at the premium and coverage. This will ensure your health as well as financial security.