The Life Insurance Corporation of India (LIC) is a state-owned insurance and investment company headquartered in Mumbai, India. Established in 1956, LIC is one of the largest and most prominent life insurance companies in India. Here are key details about LIC: Founding and History: LIC was founded on September 1, 1956, when the Indian Parliament … Read more
HDFC Life Insurance Company Limited is one of the leading life insurance companies in India. It is a joint venture between Housing Development Finance Corporation Limited (HDFC), one of India’s largest housing finance companies, and Standard Life Aberdeen plc, a global investment company. Here are some key details about HDFC Life Insurance: Establishment and History: … Read more
Vehicle insurance, also known as auto insurance or car insurance, is a type of insurance that provides financial protection against physical damage or bodily injury resulting from traffic collisions and against liability that could arise from incidents involving a vehicle. Here are key details about vehicle insurance: Components of Vehicle Insurance: Liability Coverage: Bodily Injury … Read more
Vehicle insurance offers a range of benefits to vehicle owners, providing financial protection and peace of mind in the event of unforeseen circumstances. Here are some key benefits of having vehicle insurance: Financial Protection Against Accidents: Vehicle insurance covers the repair costs or replacement value of the insured vehicle in case of an accident, reducing … Read more
Gap insurance, also known as guaranteed asset protection insurance, is a type of insurance coverage that helps protect a vehicle owner from financial loss in the event that their car is declared a total loss, and the insurance settlement amount is less than the amount owed on the car loan or lease. Here are key … Read more