Car Insurance and Its Introduction

A car is an expensive means of transport for many people. This makes it a valuable asset which you wouldn’t like to lose owing to an unfortunate accident or theft.

The solution to this problem is getting a comprehensive car insurance. By getting your vehicle insured you protect your car and bear the financial loss in case your car gets stolen, destroyed in an accident or breaks down. In addition to theft and accidents, car insurance also protects your vehicle against natural and man-made calamities like fire, explosion, riots, terrorist attacks, and natural disasters.

In India, it is mandatory, by law to get your vehicle insured.

Technical terms related to car insurance policy

  • Premium: It is the fixed amount that you need to pay to the insurance agency to keep the policy in effect.
  • Car Insurance Policy: The premium amount of the policy will depend upon the Insured Declared Value (IDV). This affects how high or low that amount will be. Many insurance firms have contacts with the manufacturers and provide you with the optimum value.
  • Natural Calamities: This section includes protection against the following phenomenon: landslide, self-ignition, lightning, explosion, earthquake, flood, typhoon/hurricane, inundation, and hailstorm.
  • Man-made Calamities: Under this, you will be covered against threats like burglary, theft, damage during transit, an accident caused due to external agents, terrorist activities, riots, and strikes.

Features of a Car Insurance

A car insurance firm provides the following features to the policyholder:

  • There are two kinds of policies, comprehensive and third party.

In third-party policy, which is mandatory, the company covers the injury/death of an individual (third party) or damage to their property caused by your vehicle. It includes a compulsory personal accident cover for the vehicle owner/driver as well. This doesn’t cover any damage to your vehicle.

The comprehensive policy covers the loss or damage to your vehicle. This covers damage caused by any third party or by the owner themselves. This is not a mandatory policy, but one should avail it, to not leave things to chance.

  • Risks covered are an important factor to take care of when buying insurance. One should check the things against which the policy provides cover before signing the deal. This includes both man-made and natural disasters.
  • The insured value of the car is quoted by the manufacturer, and it reduces as the vehicle gets older. According to Motor Vehicle Act, 1988 any damage to third party property is covered up to INR7.5 Lakhs for car (4 wheelers) and ₹1 Lakh for 2 wheelers. There is no limit for injury/death of the third party.
  • The premium that you need to pay for your car depends on several factors. Some of the primary factors are the vehicle type (model, age, fuel used), city, the profession of the owner, the age of the owner and the modifications made to the vehicle.
  • Premium Saving options such as no-claim bonus (NCB) allow you to avail a discount on the premium amount if you haven’t filed a claim during
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Buying Digital Equipment That Can Transcribe

There are many reasons why you might need to make a transcription. You might have a very important meeting. You do not want to spend a long time taking notes while you are in the meeting. Therefore, a digital piece of equipment that is capable of making accurate transcriptions is what you should be looking for. It is amazing technology that is so much more accurate at transcribing than when it first burst onto the scene. Her is how you can go about finding the right digital transcription equipment for your particular needs.


  1. Try to find people who are already using similar types of equipment to transcribe their conversations at work.

You would be wise to seek out people who know much more about digital equipment that is used for transcribing. These people should be able to tell you which brands are considered to be the best. Which model are they currently using? How long have they been using it? Does it transcribe things accurately? How much did it cost? Finding out what these people think can be a great help to you.

  1. Try to find blogs that focus on transcription equipment.

There are many blogs. You should be able to locate blogs that specifically talk about the latest advances in the field of digital transcribing. Ideally, you should be looking for a blog with customer reviews. Read as many of these reviews as you possibly can. Which brands are the ones that are getting the most praise? What are the positives and negative things about the transcription equipment? These free online reviews will help to steer you towards the best transcription equipment on the market.

  1. Do not pay more than you need to.

There are plenty of stores that sell digital equipment that is able to transcribe. You should not assume that all of the prices on this equipment will be the same. Go to various dealers and find out exactly what each of their items is going to cost. This will enable you to see what all of your options are so you can pay less for your own transcription equipment.… Read More

Smart Cities Technology and Residents Benefits

Some cities have benefits for the residents living within them or the suburbs and traveling into the city since it is a data collection using sensors to provide information. This information is used to help run the city power systems, water supply, and transportation systems along with other agencies like the police. The cities having this technology will run more efficiently and conserve energy.

The Benefits for People in Tech Cities

There are some major benefits for people living or working in cities using this kind of technology since it not only focuses on running the city smoother but has clear benefits for drivers such as smart parking meters that have the ability to accept digital payment. This means no more digging for the right change to put in the meter or having to return to add more coins. It also includes public transportation which is better able to meet the demand of the residents depending on public transportation scheduled routes. Another thing common in these tech cities for transportation is ride sharing, which can reduce traffic congestion and vehicle-related pollution.

The other areas where smart cities can be a benefit for people living in the city or working in them is due to the technology used and information it is an IT infrastructure-based city that makes it possible for more people to work from home rather than travel to an office. However, this technology is also used in structures and even hospitals. One of the largest advantages of the technology sensors being used for buildings is it can alert when there are structural problems requiring repair. The technology used for the city the sensors can provide alerts when there are pipe system problems such as a water main leak, which can ensure prompt repair before the damage is severe. This also reduces the cost of such repairs that if not repaired as quickly it could then cost a much higher expense. Another benefit in many of the cities is free high-speed internet service.

The Downside of Technology Cities

The benefits of living and working in cities is clear, however, the one downside to this technology is some people have concerns about invasion of privacy since the technology in tech cities collects data. This includes having cameras and sensors that some people believe could result in government surveillance. However, the data collected is not identifiable data specific to a person’s identity. Many people believe though, the benefits of living in a city where public transportation, traffic and other areas of the city run smoother than in cities that do not use this technology and have little concern about being identified under surveillance. This is also technology that can advance and make city living better for residents and those who work in the city but live in the suburbs including the possibility of working from home rather than traveling daily to an office environment. Currently, there are many cities that do not use this technology, but more cities are beginning to … Read More

5 Interesting facts about Nike

Nike is a name that everyone is familiar with in the world of Sports Apparel. Their trademark catchphrase of ‘Just do it’ is used widely by people all around the world as it has caught on more than anyone expected. They are manufacturers in the business of Sportswear and equipment of amazing quality. You can purchase their products from, where you will find a systematic collection of their products alongside many other top brands. Nike and their Nike Plus accounts help users to manage everything in their lives related to sports. Be it finding a store or using the applications published by Nike to work out, train, or just run, Nike helps with all of it.

Founded on January 25, 1964, as Blue Ribbon Sports, in 1971, Nike became the official name, after the Greek Goddess of victory. Since that moment they have worked on and succeeded in expanding their brand all over the world until the Swoosh Logo of Nike has become synonymous with the brand and sports.

There many things to talk about where Nike is concerned which everyone may not know. The following are some of the more interesting facts about Nike that should be common knowledge.

  1. Love for Controversy


A famous business-man once said, “Controversy Creates Cash”. This is something that Nike obviously seemed to believe in as they did not ever steer clear of any sort of controversy. In fact, they often preferred to use controversy to have their name put out there and heard. They sponsored Ilie Nastase, a Romanian Tennis player famous for his short temper. They also partnered themselves with Charles Barkley while the news was still fresh from the controversy he created by spitting on a fan.

In another extraordinary moment, they sent $25,000 to Tonya Harding, the Ice Skater who had to pay legal fees for her alleged involvement in the assault of a fellow skater.


  1. Nike was almost called Bengal instead


After they had acquired the Swoosh logo, the time had come to also change the name of the brand from Blue Ribbon. The idea Knight had was to call it Dimension 6, while a major number of people supported the name being changed to Bengal.

In the end, it was Jeff Johnson who preferred Nike, the Greek Goddess of victory. He claimed that the idea had come to him in his dreams. The name was not preferred by Knight, but the deadline forced the decision to be made.

  1. A shoe was inspired by a waffle


To imagine that a show was inspired by a waffle is not the most pleasing thought, nor is it the most appetising. But that was the case for one of the most famous Nike shoes. Bowerman thought of the idea for a sneaker design while eating a waffle. He used the grid pattern to design the sole of the shoe, only pushed out, instead of in. This was one of the most successful shoes in 1974. For more new models, … Read More

How to lower monthly instalments with low-interest loans

When you have to meet immediate financial obligations which simply cannot be set aside, the need to spend a huge amount of money arises. In such situations, you might be financially stressed. Opt for a personal loan, so that the much-needed funds for emergency financial needs as well as other important needs can be met with. This type of loan is offered by many lenders, and it can be availed quickly.

About Personal Loan

Before applying for a personal loan, check out various lenders who offer such loans and make a comparison between their interest rates. Check your loan eligibility by looking into the eligibility criteria for personal loans in the lender’s website. You can also make use of a calculator to find out how much money has to be paid every month towards loan instalments and if you can meet such payments on time. Nowadays, some lenders offer you the benefit of e-loan approval, which means you can get the loan sanctioned without going to the lender in person.

Features of Personal Loan

There are many benefits in availing a personal loan to meet immediate financial obligations. The first benefit is that there is no need to get ready to seek security for the purpose of getting the loan. Hence, you don’t have to spend time in getting the collateral ready. The loan amount will be disbursed to your account in just one or two days. Personal loan interest rates are affordable as well.

The lender will not require much documentation; hence, there is no need to spend a huge amount of time in getting things ready for loan approval. Lenders will look into aspects such as steady income proof, employment history, age and credit score because they want to know that they can give the loan amount without any issues. Once you have given identity and address proof and proof of income, which some lenders don’t ask also, your application will be approved.

You can use the amount for anything you need and not worry about being questioned about it. It may be a furniture item that is much needed or else an electronic product that you simply cannot do without like a laptop, the latest desktop, or perhaps a machinery for running a small business.

All these needs and more can be covered from the money gained through the personal loan.  The loan tenure ranges from one to five years. If you opt for five-year tenure, monthly instalments will be low, and the burden of making repayments is not felt. This type of loan tenure is useful when you have to meet marriage expenses or have to send your child abroad for studies for which money is required.  It is to be noted that a personal loan can be availed by a salaried or self-employed professional.

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