Comments on: New ways to distribute insurance policies http://blogs.reuters.com/india-expertzone/2013/07/26/new-ways-to-distribute-insurance-policies/ Straight from the Specialists Sun, 06 Mar 2016 13:25:08 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: Divakar1 http://blogs.reuters.com/india-expertzone/2013/07/26/new-ways-to-distribute-insurance-policies/comment-page-1/#comment-878 Sat, 27 Jul 2013 17:11:13 +0000 http://blogs.reuters.com/india-expertzone/?p=3307#comment-878 Also 16K that i gave away in charity to insurance co and govt would have been enough to fill petrol for my car for 8 months to fuel my travel from office to home.

]]>
By: Divakar1 http://blogs.reuters.com/india-expertzone/2013/07/26/new-ways-to-distribute-insurance-policies/comment-page-1/#comment-877 Sat, 27 Jul 2013 17:09:09 +0000 http://blogs.reuters.com/india-expertzone/?p=3307#comment-877 Few years ago a corrupt person in the govt made motor insurance compulsory by eating money given away by insurance companies in a country where life/health insurance is not compulsion but vehicle insurance is !!! isn’t it surprising to see in a democratic country i am free to either have or not have a life insurance or health insurance but i am forced to buy a vehicle insurance !! after all its my vehicle, why am i forced ?? I own a 2 wheeler and a 4 wheeler, i have tried to claim my 2 wheeler insurance twice didn’t get a paisa and i have claimed a 4 wheeler insurance once, the repair costed 18K, insurance co only paid me 4K after that my insurance premium is increased from 12k to 16K citing increase in taxes !! BTW if you are looking for innovative ways of selling motor insurance, you are missing a crucial and the best acting insurance agents “police” every single police person stopping your car to check is asking for insurance better than any insurance agent or company, when we are buring holes in pocket to fill petrol to our vehicles, thanks to UPA govt. In my view atleast in India vehicle insurance is just money given away to insurance co (worse if it is foregin) and the govt in the form of service tax, cess, higher edu cess etc etc..tax.

]]>