NEWS & ADVICE : AUTO INSURANCE
New India Assurance launches online portal for various insurance policies
By Neelima Shankar
Mar 6, 2013
Print    Email    RSS   

Country's largest general insurance company, New India Assurance has launched an online portal for two-wheeler, private car, health, personal accident and over-seas medi -claim insurance policies.

The online portal will allow all the registered users to link their existing policies, track the status of claims and it will also effect renewal of linked policies. Online portal will allow payment through debit and credit cards.

Mr. G Srinivasan, CMD of New India Assurance said, "All these policies can be taken by first-time customers as well as existing customers to renew policies through the online portal. We will offer discounts of 5 to 10 per cent to incentivize customers to avail themselves of policies through the online portal".

Mr. Srinivasan said that the third party motor premium hike of around 30 per cent for commercial vehicles proposed by IRDA in its draft circular is not adequate as the insurance industry needs around 60-70 per cent increase in premium rates to make third party insurance portfolio more viable for insurance companies due to high claim ratios.


 


(Comments Posted : 1) Post Your Comments
1. There is no link in the site to renew the policy. Waste website, and outdated company. I will change my insurance company.
Manohar (Posted: Oct 28, 2013)
Show All Comments
COMPARE QUICKLY
 Select a product:
 

CALCULATE QUICKLY
 Select a product:
 

EDITORS' PICKS
A general guide to Auto Insurance
Kinds of auto insurance coverage
An insight into two wheeler insurance
Guide to get a an auto insurance claim...
Factors affecting car insurance premium


sefali ghosh axis bank a/c no.911010025727007...
IN HUF ACCOUNTS NOMINATION IS ALLOWED OR NOT.
how much money is their in my account
I want know my a/c balance acc no. Is 20580100020814
i want to check my balance
NRI Services

NEWS THIS WEEK
New Health insurance plan rolled out by HDC life Sep 2, 2014
IDBI bank tied up with UNICEF to provide hygienic facilities in UP Aug 29, 2014
Canara bank to set up new branches overseas Aug 28, 2014
Your entire loan details on mobile phone – ICICI bank Aug 26, 2014
KVG bank signed MOU with Deshpande Foundation Aug 14, 2014
News Archive