DSA(Direct Selling Agent) Agreement

A Legal Agreement written between a Bank and an Agent authorized to sell the services of a Bank/ Financial Institutions is a DSA  Agreement. It comprises details about the appointment, rights and answerability, and all terms and conditions related with the services of a Direct Selling Agent (DSA) certified by a Bank/ Financial Institutions for the purpose of selling or distributing its products/services within the specified jurisdictional areas on its behalf. Procedure for Direct Selling Agent Agreement: Procedure for DSA Agreement is easy with us at Legalraasta.com   Complete our Simple Form Online [...]

Compulsory and Voluntary Excess in Motor Insurance

Compulsory  Deductible and Voluntary Excess It has been a greyish area for the policyholders as they think what and why should they choose Compulsory and Voluntary Excess in a Car Insurance Policy and when it should be chosen. Let us understand the same in a step by step manner. Insurance companies allow their customers to share a part of the risk associated with the policy. Known as the “deductible” or “excess”, this is a pre-determined amount of the claim which would be borne by the insured. So, when the claim arises, [...]

By | 2018-08-24T11:23:32+00:00 June 21st, 2018|Car Insurance|0 Comments

Use Car Insurance In Buying And Selling

Car Insurance means financial protection given by the insurance company to the policyholder. There are mainly two parties involved in this agreement i.e. the policyholder and the insurer. You are not only one in this league if you are planning to buy a second-hand car. Purchasing a used or second-hand car is becoming a favorite choice for many in order to save money. Insurance has a big hand involved in buying or selling second-hand cars. Both seller and buyer of the car need to understand when it comes to transferring [...]

By | 2018-08-24T11:22:46+00:00 June 20th, 2018|Car Insurance|0 Comments

Impact of Car Insurance Premium

In simple terms, Car Insurance means financial protection given by the insurance company to the policyholder. There are mainly two parties involved in this agreement i.e. the policyholder and the insurer. There are broadly two categories of car insurance, they are comprehensive insurance and third party insurance. The premium paid on a car insurance policy may be a burden on your pocket but the need for buying a car insurance policy is something which cannot be ignored. The best way to deal with this unwanted expenditure is to get aware [...]

By | 2018-08-24T11:29:38+00:00 June 20th, 2018|Car Insurance|0 Comments

All About Car Insurance Policy

Everyone gets excited when we buy a new car, we are on cloud nine. Before buying a new car we all make a budget and shortlist the ones according to our suitability and requirements. In India its a type of tradition or ritual to go to the preferred place of worship to seek the blessings of the God. The priest performs a ritual. In Hindus, the priests place a lemon under each tire and run the car over it,  it is considered as a good omen for a good start. As [...]

By | 2018-08-24T11:28:18+00:00 June 20th, 2018|Car Insurance|0 Comments

File Small Car Insurance Policy

Car Insurance means legal protection given by the insurance company to the policyholders. There are two parties involved in this agreement i.e. the policyholder and the insurer. We all know that is future is unpredictable and it is better to hope for the best and prepare yourself for the worst. For sure, we can’t change the future. We can make efforts from our end to ensure that nothing goes wrong. Road accidents happen every day, we read about accidents daily in newspapers and we feel bad about it. So to [...]

By | 2018-08-24T11:36:31+00:00 June 19th, 2018|Car Insurance|0 Comments

Prevent Rejection of Car Insurance Claim

In simple words, Car insurance claim is the financial protection given by the insurance company to its policyholders. It is an agreement signed between two parties the policyholder and the insurer. When you employ a driver for your vehicle, you take a copy of his driving license in good faith, believing it to be valid and proper. It is your driver’s duty to drive to your destination. Apart from driving, he is responsible for the safety of your vehicle as well. The first thing you do when you hire a driver for your motor [...]

By | 2018-08-24T11:36:06+00:00 June 19th, 2018|Car Insurance|0 Comments

Best Car Insurance Plan

Car insurance actually means financial protection given by the insurance company. It is an agreement signed between two parties i.e the policyholder and the insurer. An insurance company covers all the losses that one might face due to damages to the car or in case of theft.  The insurance policies are broadly divided into comprehensive cover and third-party insurance. Comprehensive cover protects you from all the damages caused to your car, while third-party insurance covers for the damages caused to other person or property by your vehicle. So, the car insurance [...]

By | 2018-08-24T11:35:37+00:00 June 19th, 2018|Car Insurance|0 Comments

Car Insurance Claim

In simple terms, Car Insurance policy is a financial protection given by the insurance company. It is a policy signed between two parties the policyholder and the insurer. The policy covers all the losses that one might face due to the damaged to the car or in case of theft. Comprehensive policies protect you from the damages caused to your car, while third-party insurance provides you with the cover for the damages caused to other person or property by your vehicle. Nowadays, where cars have become everyone's necessity for personal [...]

By | 2018-08-24T11:35:08+00:00 June 19th, 2018|Car Insurance|0 Comments

roadside assistance in car insurance

Yesterday we planned a trip in a very awesome weather. But the plan to enjoy the weekend with family became a nightmare when our car broke down in the way and that too on a lonely village pass away. Where nothing was available for miles away. We put a huge effort in trying to start the car, but nothing happened. Finally, I called a friend of mine who picked us up. He took us to a nearby garage. There, the mechanic helped us to tow our car to the garage [...]

By | 2018-08-24T11:33:06+00:00 June 18th, 2018|Car Insurance|0 Comments