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What Should Your Car Insurance Policy In India Look Like?

A car insurance, also called motor insurance, offers financial protection to your vehicle against accidents, burglary, theft, fire, natural calamities such as a storm or, earthquake, and other unforeseen circumstances.  Every car that runs on Indian roads is expected to have a basic third-party insurance policy made mandatory by the Indian federal government under the Motor Vehicles Act, 1988.  The basics of how a car insurance works is that the car owner pays premiums for an insurance cover to a motor insurance company, which in return pays claims for any damages caused at the time of an untoward incident. The difference…

Thanksgiving Insurance Fails – Forbes Adviser

Editor's Note: Forbes may earn a commission on sales through affiliate links on this page, but that will not affect the opinions or evaluations of our editors. Getty When it comes to home cooking, Thanksgiving can be a real turkey. New data from the National Fire Protection Association (NFPA) shows that Thanksgiving Day in the US was the No. 1 day for home cooking fires reported to the fire department in 2018. The day before Thanksgiving and Christmas Day ended at No. 2. On Thanksgiving Day in 2018, firefighters responded to an estimated 1,630 cooking fires in the home, 250%…

DA: A fake insurance company targeted more than 120 victims of the Spanish immigrant community – Riverhead News Review

Prosecutor Tim Sini at a press conference in 2018. (photo file) A Riverhead man was one of five people arrested in connection with an alleged plan to sell fraudulent auto insurance to people in the Spanish immigrant community, according to the Suffolk County District Attorney's office. More than 120 victims of the scheme were led to believe they were buying auto insurance through "Protect Auto Insurance Company," while instead losing thousands of dollars to "greedy, evil actors preying on vulnerable individuals," prosecutor said Timothy Sini. Mr Sini said that potentially hundreds of Suffolk County residents could get caught up in…

Does term life insurance have a cash value?

Personal Finance Insider writes about products, strategies and tips to help you make smart decisions with your money. We may receive a small commission from our partners, such as American Express, but our reporting and recommendations are always independent and objective. There are two types of life insurance: permanent life and term lifeWhich life insurance policy is best for you depends on your budget and your financial goals.Term life insurance is the most affordable option. It has a death benefit that is paid to your beneficiaries after you die, but it only lasts for a specified period of time. Permanent…

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