Should obese people pay higher health insurance rates?

The answer is yes, yes, yes. Of course, I support fairness. Something like this should be phased in somehow, but it must happen. Smoking, reckless driving, and stuff I am not thinking of right now. If we can measure it, we can put a price on it. There is the issue of fairness. Others should … Read more

Does health insurance cover psychological disorders?

The lockdown and the covid 19 impacts led to a significant rise in the number of reported cases of psychological disorders that required clinical interventions. IRDA the governing body for all the insurance companies in India has now made it mandatory for all the insurers to include, mental disorder issues, under the coverage scope of … Read more

Will your insurance go up if someone hits your parked car? What happens if an insurance company refuses to pay a claim?

This will depend on your policy. If you receive a discount for not having any claims, then yes your insurance would increase for filing a claim like this even though it was no fault of yours. This type of claim is filed under your uninsured motorist coverage. Make sure it is paid under this coverage … Read more

How do I save on car insurance?

There are a number of things you cannot change. Being older is a massive benefit. Having no claims in the last seven years is huge too. But there are some things you can do: Have a cheaper, low-power car, under 1L. Preferably a common make and model, so that repair costs are lower. Not too … Read more