Car insurance can provide you with cover if you’re involved in a car accident.
It’s also a legal requirement, so if you own and drive a car, you’ll need it – no ifs, buts or maybes about it.
You’ll also be asked about: Answer all these questions truthfully, or risk breaking the law, invalidating your cover if you have an accident, or need to claim.
After you’ve bared your soul, Go Compare estimates the value of your van.
The cover you get for personal possessions can be covered under your home contents insurance policy.
It’s best to check whether you have this already before you add it to your travel policy.
A subsequent amendment brought this amount down to Rs 2 lacs!
Moreover, reporting of large cash transactions to tax authorities has become wider in scope, including typical areas like investments, property transactions, and cash deposits/withdrawals in bank accounts. Making digital payments easier, and cheaper Apart from encouraging uptake of available electronic payment mediums such as UPI and debit/credit cards among others, the Government is taking other active steps as well. GST’s impact GST is now finally close to becoming a reality.Some travel insurers will give you a discount if you exclude baggage cover.Comparing car insurance isn’t exactly fun, but we think it should be simple.Think about it – every digital medium was available pre November 8 as well, and yet usage shot up only when cash was forcibly pulled out of the system.Moreover, some analysts speculate that the amount of hard currency in circulation may never exceed 80% of the pre-demonetisation quantum.Every van is a classy customer - bootiful - but insurers need to know how you use it to work out your quote.