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The purchaser must have fire insurance arranged and in effect before the transaction can be closed. A certificate from the insurance company may be required at the closing.

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Bajaj Allianz life says no plans for IPO
Bajaj Allianz Life Insurance Co Ltd has no immediate need for additional capital and is not planning an initial public offer.http://economictimes.indiatimes.com/Bajaj-Allianz-life-says-no-plans-for-IPO/articleshow/5296740.cmshttp://economictimes.indiatimes.com/Bajaj-Allianz-life-says-no-plans-for-IPO/articleshow/5296740.cmsThu, 03 Dec 2009 13:14:38 GMTBajaj Allianz life says no plans for IPOBajaj Allianz life says no plans for IPOIndia Post ties up with ICICI Prudential Life
India Post on Thursday entered into a tie-up with ICICI Prudential Life Insurance Company to expand its services portfolio to the customers. http://economictimes.indiatimes.com/India-Post-ties-up-with-ICICI-Prudential-Life/articleshow/5295956.cmshttp://economictimes.indiatimes.com/India-Post-ties-up-with-ICICI-Prudential-Life/articleshow/5295956.cmsThu, 03 Dec 2009 10:08:49 GMTIndia Post ties up with ICICI Prudential LifeIndia Post ties up with ICICI Prudential LifeTata-AIG's add-on motor insurance covers
In May this year, Tata-AIG General Insurance launched eight add-on motor insurance covers, post detariffing that took effect in January 2009. http://economictimes.indiatimes.com/Tata-AIGs-add-on-motor-insurance-covers/articleshow/5294309.cmshttp://economictimes.indiatimes.com/Tata-AIGs-add-on-motor-insurance-covers/articleshow/5294309.cmsWed, 02 Dec 2009 23:06:24 GMTTata-AIG's add-on motor insurance coversTata-AIG's add-on motor insurance coversQuery corner
Our PF expert helps you traverse the uncertainties in the Financial world. Email YOur QUERIES to etquery@indiatimes.com.http://economictimes.indiatimes.com/Query-corner/articleshow/5282783.cmshttp://economictimes.indiatimes.com/Query-corner/articleshow/5282783.cmsSun, 29 Nov 2009 21:06:01 GMTQuery cornerQuery cornerClaims wipe out a third of terror pool
Insurance firms handing out cheques for the last one year have discovered the grim truth that the 26/11 attack has wiped out almost a third of the money that was pooled in to meet terror claims. http://economictimes.indiatimes.com/Claims-wipe-out-a-third-of-terror-pool/articleshow/5269513.cmshttp://economictimes.indiatimes.com/Claims-wipe-out-a-third-of-terror-pool/articleshow/5269513.cmsWed, 25 Nov 2009 18:53:30 GMTClaims wipe out a third of terror poolClaims wipe out a third of terror poolTata AIG Life launches child ULIP
Private insurer Tata AIG Life on Wednesday launched a unit-linked life insurance plan (ULIP) for children's education, InvestAssure Superstar. http://economictimes.indiatimes.com/Tata-AIG-Life-launches-child-ULIP/articleshow/5268973.cmshttp://economictimes.indiatimes.com/Tata-AIG-Life-launches-child-ULIP/articleshow/5268973.cmsWed, 25 Nov 2009 15:26:34 GMTTata AIG Life launches child ULIPTata AIG Life launches child ULIPApollo DKV to scale up biz, network, launches new health insurance plan
Apollo DKV has launched a new health insurance scheme and drawn up plans to scale up its business and the network of offices in the next couple of years to garner a good share of the growing market for health insurance. http://economictimes.indiatimes.com/Apollo-DKV-to-scale-up-biz-network-launches-new-health-insurance-plan/articleshow/5268654.cmshttp://economictimes.indiatimes.com/Apollo-DKV-to-scale-up-biz-network-launches-new-health-insurance-plan/articleshow/5268654.cmsWed, 25 Nov 2009 13:30:22 GMTApollo DKV to scale up biz, network, launches new health insurance planApollo DKV to scale up biz, network, launches new health insurance planHDFC Standard Life eyeing 10-15% growth
HDFC Standard Life, which is gearing up for an IPO, has seen over 40% of its business come through various Bancassurance schemes. http://economictimes.indiatimes.com/HDFC-Standard-Life-eyeing-10-15-growth/articleshow/5261556.cmshttp://economictimes.indiatimes.com/HDFC-Standard-Life-eyeing-10-15-growth/articleshow/5261556.cmsMon, 23 Nov 2009 13:38:53 GMTHDFC Standard Life eyeing 10-15% growthHDFC Standard Life eyeing 10-15% growthLIC restructuring Ulip costs to protect agent commissions
Life Insurance Corporation of India is looking to increase the minimum premium payable and minimum lock-in order to adhere to the expenses cap norms brought in by Insurance Regulatory Development Authority. http://economictimes.indiatimes.com/LIC-restructuring-Ulip-costs-to-protect-agent-commissions/articleshow/5260721.cmshttp://economictimes.indiatimes.com/LIC-restructuring-Ulip-costs-to-protect-agent-commissions/articleshow/5260721.cmsMon, 23 Nov 2009 09:41:01 GMTLIC restructuring Ulip costs to protect agent commissionsLIC restructuring Ulip costs to protect agent commissions


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How To Choose The Right Auto Insurance Plan?
By Danny Huang, Mon Jan 2nd

OK let's face it. There are many different auto company that wants you to join theirinsurance policy and every company looks like they have the bestdeals to offer. However, to be honest with you, I think they alllook the same to me. So How do you choose which company andwhich plan for you?

First, you need to ask what your budget is. You need to knowwhat your finical status is and how much you can afford everymonth for auto insurance. Then you can narrow down some of themore expensive coverage in your plans.

Second, decide the amount of coverage you want. Decide whetheryou want 15,000$ coverage per accident or 30,000$ coverage peraccident. Normally, people will try to save money and choose alower coverage. Personally, I would recommend choosing fullcoverage that would an accident fully. The reason is because theprice difference between the two are minimal compare to theamount of they cover. For example, the difference maybe 10$amount which means 120$ a year; however, if you

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get into anaccident, the insurance policy will pay you maybe 50,000than 15,000. You see the difference?


Lastly, find out what is the price range is for the coverage youhave selected. After you know how much you want for yourcoverage. Go to different companies and ask how much their priceis for the same coverage by calling them or checking it on theirwebsite. After you know how much different companiescost find a well known brand with the lowest price on the samecoverage.

**hint: you can higher your deductibles and lower the cost ofthe company. However I would not do that since, youonly save maybe 5$ a month and you have to put up with more ifyou get into an accident.

About the author:For more information about insurance, visit Articles on Life, Auto, Health

We strive to provide only quality articles, so if there is a specific topic related to insurance that you would like us to cover, please contact us at any time.

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LIC seeks higher interest on NHPC loan
The country?s largest insurer, LIC, has sought to raise interest rate on its loan to public sector hydel power generator NHPC. http://economictimes.indiatimes.com/LIC-seeks-higher-interest-on-NHPC-loan/articleshow/5298173.cmshttp://economictimes.indiatimes.com/LIC-seeks-higher-interest-on-NHPC-loan/articleshow/5298173.cmsThu, 03 Dec 2009 20:19:34 GMTLIC seeks higher interest on NHPC loanLIC seeks higher interest on NHPC loanIDBI Bank, Toyota ink MoU for auto finance
IDBI Bank and Toyota Kirloskar Motor Pvt Ltd (TKM) today signed a memorandum of understanding (MoU) for providing auto finance to the latter's prospective customers. http://economictimes.indiatimes.com/IDBI-Bank-Toyota-ink-MoU-for-auto-finance/articleshow/5292990.cmshttp://economictimes.indiatimes.com/IDBI-Bank-Toyota-ink-MoU-for-auto-finance/articleshow/5292990.cmsWed, 02 Dec 2009 14:16:09 GMTIDBI Bank, Toyota ink MoU for auto financeIDBI Bank, Toyota ink MoU for auto financeEPFO may buy long-term govt bonds from secondary markets
The retirement fund manager EPFO will soon be allowed to purchase long-term government bonds with maturity of 10 years or more from the secondary market. http://economictimes.indiatimes.com/EPFO-may-buy-long-term-govt-bonds-from-secondary-markets/articleshow/5292427.cmshttp://economictimes.indiatimes.com/EPFO-may-buy-long-term-govt-bonds-from-secondary-markets/articleshow/5292427.cmsWed, 02 Dec 2009 11:14:44 GMTEPFO may buy long-term govt bonds from secondary marketsEPFO may buy long-term govt bonds from secondary marketsWockhardt wins ICICI backing for liquidation fight with DBS
Pharmaceutical company Wockhardt, which is fighting a legal battle with a clutch of foreign banks, which want the troubled drug-maker to be liquidated, on Friday received support from ICICI, India?s largest private sector bank. http://economictimes.indiatimes.com/Wockhardt-wins-ICICI-backing-for-liquidation-fight-with-DBS/articleshow/5277174.cmshttp://economictimes.indiatimes.com/Wockhardt-wins-ICICI-backing-for-liquidation-fight-with-DBS/articleshow/5277174.cmsFri, 27 Nov 2009 19:48:36 GMTWockhardt wins ICICI backing for liquidation fight with DBSWockhardt wins ICICI backing for liquidation fight with DBSFranklin Templeton to launch new income fund
Franklin Templeton Investments (India) is launching a new open-ended income fund that seeks to provide high return and stability of capital. http://economictimes.indiatimes.com/Franklin-Templeton-to-launch-new-income-fund/articleshow/5275766.cmshttp://economictimes.indiatimes.com/Franklin-Templeton-to-launch-new-income-fund/articleshow/5275766.cmsFri, 27 Nov 2009 11:58:31 GMTFranklin Templeton to launch new income fundFranklin Templeton to launch new income fundRBI to ask banks about their exposure in Dubai World
The Reserve Bank of India (RBI) will ask Indian banks to furnish details regarding their exposure in the Dubai World, said RBI deputy governor Shyamala Gopinath in Ahmedabad. http://economictimes.indiatimes.com/RBI-to-ask-banks-about-their-exposure-in-Dubai-World/articleshow/5275673.cmshttp://economictimes.indiatimes.com/RBI-to-ask-banks-about-their-exposure-in-Dubai-World/articleshow/5275673.cmsFri, 27 Nov 2009 11:35:05 GMTRBI to ask banks about their exposure in Dubai WorldRBI to ask banks about their exposure in Dubai WorldEPFO asks ICICI Pru, SBI to improve returns
Unhappy with the performance of ICICI Pru AMC and State Bank of India--two of its two fund managers--during the first half of this fiscal, the EPFO has asked them to submit an action plan on earning better returns. http://economictimes.indiatimes.com/EPFO-asks-ICICI-Pru-SBI-to-improve-returns/articleshow/5275608.cmshttp://economictimes.indiatimes.com/EPFO-asks-ICICI-Pru-SBI-to-improve-returns/articleshow/5275608.cmsFri, 27 Nov 2009 11:19:12 GMTEPFO asks ICICI Pru, SBI to improve returnsEPFO asks ICICI Pru, SBI to improve returnsReliance Capital plans to take over Indian financial firm
Indian financial services firm Reliance Capital said on Friday that it plans to take a majority stake in Mumbai-based Quant Capital Group. Financial details were not disclosed. http://economictimes.indiatimes.com/Reliance-Capital-plans-to-take-over-Indian-financial-firm/articleshow/5275047.cmshttp://economictimes.indiatimes.com/Reliance-Capital-plans-to-take-over-Indian-financial-firm/articleshow/5275047.cmsFri, 27 Nov 2009 08:03:38 GMTReliance Capital plans to take over Indian financial firmReliance Capital plans to take over Indian financial firmIDBI Bank scraps plan to sell home finance unit
State-owned IDBI Bank has scrapped plans to sell its wholly-owned unit IDBI Home Finance, its top official said on Wednesday. http://economictimes.indiatimes.com/IDBI-Bank-scraps-plan-to-sell-home-finance-unit/articleshow/5268668.cmshttp://economictimes.indiatimes.com/IDBI-Bank-scraps-plan-to-sell-home-finance-unit/articleshow/5268668.cmsWed, 25 Nov 2009 13:39:11 GMTIDBI Bank scraps plan to sell home finance unitIDBI Bank scraps plan to sell home finance unitAuthorised capital of PSBs doubled to Rs 3000 crore
The government has decided to double the limit of authorized capital in public sector banks to help some lenders which were unable raise capital by selling shares.http://economictimes.indiatimes.com/Authorised-capital-of-PSBs-doubled-to-Rs-3000-crore/articleshow/5265695.cmshttp://economictimes.indiatimes.com/Authorised-capital-of-PSBs-doubled-to-Rs-3000-crore/articleshow/5265695.cmsTue, 24 Nov 2009 22:02:49 GMTAuthorised capital of PSBs doubled to Rs 3000 croreAuthorised capital of PSBs doubled to Rs 3000 croreHindalco mops up $600 m via QIP
Funds from the QIP issue will be utilised to part finance three greenfield projects.http://economictimes.indiatimes.com/Hindalco-mops-up-600-m-via-QIP/articleshow/5265407.cmshttp://economictimes.indiatimes.com/Hindalco-mops-up-600-m-via-QIP/articleshow/5265407.cmsTue, 24 Nov 2009 19:09:35 GMTHindalco mops up $600 m via QIPHindalco mops up $600 m via QIP

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