OneInsure Blog

Why do individuals lie about their smoking habits on the insurance application form? To benefit from lower premium rates? Or maybe to maintain eligibility for an insurance policy? But are there no ramifications of lying to the insurance company? Of course there are! In this article, we will look at why you shouldn’t lie to your insurance company about your smoking habits and what are the consequences if you do.

If you own a car, you are bound to have a car insurance policy for it. The Motor Vehicle Act of 1988 makes it compulsory for all vehicles to be insured before they can run on the road. This is definitely a commendable decision, given that motor vehicles pose a grave danger if the driver is not careful behind the wheel. In exchange for the protection extended by the motor insurance company, you, the policyholder, are required to make timely premium payments. Now premiums generally tend to rise overtime, and this can be a bummer for many. But the good news is that all motor insurance policyholders can benefit from no-claim bonus - a feature that offers a unique proposition whereby premium rates actually go down.

If you own a four-legged furry friend, you definitely know what unconditional love feels like. You come home after a hard day’s work and there’s your dog waiting at the doorstep to greet you and possibly get you to rub its belly. Pets are a part of our family, so if you have availed insurance covers for your spouse and children, shouldn’t you be getting one for your pet as well? Yes, insurance cover for pets exist and you definitely must get one if you’re a dog owner.

Diwali, one of the biggest festivals in India, is celebrated with great pomp and show in every household. It’s a time when friends and family members come together to light earthen lamps, exchange sweets and gifts, etc. This is a time when we see people of all ages, young and old, bursting fire crackers on the streets whilst enjoying each others' company.

Yes, firecrackers are fun and we loved bursting them as kids. Because well, we did not have an understanding back then as to what our temporary fun did to the environment in the long run. Nevertheless, now that we are grown up and understand the value of nature, it’s time we instill newer perspectives in our lives. Shouldn’t we? Yes, we indeed should because “environmental pollution is an incurable disease. It can only be prevented”, says Barry Commoner. So, say no to crackers this Diwali.

Besides lighting diyas and exchanging gifts with your family and friends, Diwali also brings cheer in the form of bonuses from work. This is a joyous occasion for the employee class, as the additional money is an opportunity to employ the money well. So what would you like to do with the extra money? Do you spend it on shopping and buying gifts or do you allocate it in different investment avenues? While it’s okay to splurge a little, this money should be wisely used to help you reach your long-term financial objectives.

Dhanteras is just round the corner, and like every year this year too, people will be flocking to the stores to spend the money that they have been saving all this while for this special occasion. They’ll buy gold and silver jewellery, utensils, electronics, appliances and other stuff to mark the importance of the day. However, this Dhanteras, we suggest you break the norms. And can it be any better if it is for your own financial security? Yes, we at OneInsure, have come up with a list of 5 major financial decisions that you need to make this Dhanteras for a financially secure future. Read on to know what this list consists of.

Insurance companies blacklisting hospitals? Yes, that happens. Claims—be it cashless or reimbursement—that deal with treatments availed at any of the blacklisted hospitals stand to be denied by your insurance company. But what prompts insurance companies to do this? When a hospital is discovered to be indulging in corrupt practices like overcharging patients with health insurance, they will be blacklisted by insurance companies.