- What is the difference between commercial and private vehicles?
- A commercial car has a higher exposure to risk as it is used more than a private car. The vehicle will be used repeatedly to carry out commercial activities, which makes it vulnerable to ac...
- How long does it take for a claim to be processed?
- Once you have intimated the insurer, you will be provided with a claim number. On submitting the required documents, your claim will be processed within a short period of time in accordance...
- What if someone else is driving my vehicle at the time of the accident?
- Your insurance policy follows the vehicle, not the driver. If your vehicle is being driven by someone else with your permission, the insurer will still be liable to pay for damages up to th...
- What is comprehensive insurance cover?
- In addition to third-party liability, a comprehensive insurance plan protects your vehicle against risks like theft, vandalism, and fire. It also covers you if your car or bike suffers any ...
- What is motor third-party insurance in simple terms and who benefits from this motor insurance coverage?
- Motor third party insurance was introduced by the Motor Vehicle Insurance (Third Party Risks) Act in 1989. The Act provides for compulsory insurance against third party bodily risks in resp...
- What is motor insurance?
- Motor Insurance is also called as Car (Two Wheeler) insurance, Vehicle insurance or Auto insurance. As the name suggests, a motor insurance is an insurance for two wheelers, cars, trucks, m...
- Account Profile Rating
- According to NIC LIFE INSURANCE CO. LTD, profile rating is a process where by your level of trust is determined based on the number of stars that you have in your account. This means t...
- How to change your password
- There are two ways through which you can be able to trigger a password reset through the system. You can either do so before logging in to your NIC LIFE INSURANCE CO. LTD account by using...
- Help Desk
- Submitting a Ticket Request When it comes to getting support from us at NIC LIFE INSURANCE CO. LTD, submitting a support ticket is one of the best ways to request assistance. To...
- Credit Limit
- WHAT IS CREDIT LIMIT This refers to the maximum outstanding balance you can have on your account without being penalized. It can in simple terms be comparable to a flexible loan o...
- Account Opening Documents
- As per regulations, we are required to know our customers (KYC). We therefore will need you to submit your documents in order to have your account verified and limits lifted off from it. T...