If you are confused by personal finance terms, jargon and calculations, here’s a new series to simplify and deconstruct these for you. In the seventh part of this series, ET Wealth explains the meaning of Insured Declared Value (IDV) in vehicle insurance.
Month: July 2024
The countries to head to for kids' summer vacations
Explore the best summer vacation spots for kids in countries like Singapore, Indonesia, Germany, Australia, South Africa, USA, Mexico, and Italy. Plan a safe and memorable trip with travel insurance for medical emergencies and trip cancellations. Create unforgettable family memories this summer!
Types of car insurance plans you should know about
India mandates third-party insurance (Motor Vehicles Act 1988). IRDAI sets premiums. Types: third-party liability, Own Damage, and Comprehensive insurance with extensive coverage including INR 15 lakh Personal Accident Cover and add-ons. Own Damage covers accidents, disasters, theft. Premiums depend on vehicle age, model, coverage limits, safety gadgets, Insured Declared Value […]