Understanding Transportation on “Carrier’s Risk” and Choosing the Best Marine Transit Insurance In today’s dynamic business environment, many industries expect carriers to provide additional services such as warehousing, express delivery, and point-to-point solutions. Intriguingly, several large corporates like Tata Steel, Indian Oil Corporation, Berger Paints, and Dabur India have stopped insuring their cargo for transit […]
Category Archives: Financial Protection
All Posts, Carrier Liabilities, Financial Protection, Liabilities Insurance, Marine Insurance, Policy Coverage, Risk Management, Vehicle Insurance
Difference Between Marine Transit and Carrier’s Legal Liability Insurance.
29
Aug
Aug
Difference Between Marine Transit Insurance and Carrier’s Legal Liability Insurance in India In the shipping and transportation industries, two key insurance types provide essential protection: Marine Insurance and Carrier’s Legal Liability Insurance. Although related, these policies safeguard different parties and risks. Understanding their distinctions is vital for effective risk management in India’s maritime and transport […]
All Posts, Business Insurance, Carrier Liabilities, Financial Protection, Liabilities Insurance, Policy Coverage, Risk Management
Carrier’s Legal Liability Insurance – How Good – An eye-opening study
29
Aug
Aug
Carrier’s Legal Liability Insurance: A Crucial Yet Overlooked Protection for Transporters The Carrier’s Legal Liability (CLL) policy has historically been overshadowed by popular insurance types like truck insurance, health insurance, or transit insurance. Having worked in the insurance sector for over 20 years, primarily focusing on recovery from transporters under subrogation rights, I have seen […]
All Posts, Business Insurance, Carrier Liabilities, Financial Protection, Liabilities Insurance, Marine Insurance, Policy Coverage, Risk Management, Vehicle Insurance
Know about Carrier’s Legal Liability Insurance
29
Aug
Aug
Protect Your Logistics Business with Carrier’s Legal Liability Insurance In the competitive transport industry, worry about legal liabilities from cargo damage or loss can weigh heavily on carriers and logistics companies. If negligence by your drivers or employees leads to issues during transit, the legal and financial fallout can severely affect your profits and business […]
All Posts, Case Study, Financial Protection, General Insurance, Health Insurance, Life Insurance, Policy Coverage, Risk Management
A Case Study
29
Aug
Aug
The Importance of Choosing the Right Insurance and Trusted Guidance: A Real-Life Case Study In our fast-paced digital world, many prefer purchasing insurance online for convenience. However, insurance is far more complex than buying everyday items like clothes or groceries. It involves important legal commitments, intricate terms, and sometimes lifelong assurances—making expert guidance vital. A […]
All Posts, Financial Protection, Health Insurance, Policy Coverage, Risk Management
How to reduce health insurance premium?
29
Aug
Aug
How to Reduce Your Health Insurance Premium by 25% to 40% During COVID-19 The COVID-19 pandemic has made health a priority for everyone. Despite precautions, the risk of infection remains high. Treatment costs in private hospitals can range from ₹5 lakhs to ₹10 lakhs — a huge expense for most families without a backup plan. […]
All Posts, Case Study, Financial Protection, General Insurance, Life Insurance, Policy Coverage, Risk Management
Is Online Shopping of Insurance Safe?
29
Aug
Aug
Why Insurance Isn’t as Simple as Buying Groceries: A Cautionary Tale and Smart Advice Hello friends, I am Abad Khan, a seasoned insurance professional with over 20 years of experience and a post graduate diploma in insurance (F.I.I.I.). Over these years, I’ve dealt with all kinds of insurance claims—fire, motor, burglary, marine and more. Today, […]
All Posts, Financial Protection, General Insurance
Benefits of Property Insurance That Will Change Your Thought Forever
25
Aug
Aug
Decoding the Benefits of Property Insurance: Your Guide to Asset Protection In today’s world, safeguarding your assets is more than just a safety measure—it’s an investment in peace of mind. As your trusted insurance advisor, we recognize the importance of securing your property against unforeseen risks. This comprehensive guide unravels the intricacies and essential aspects […]