Category - Insurance


Calculate Insured Declared Value (IDV) of your car in just seconds

Insured Declared Value (IDV) is not a new term in insurance.  You heard the importance and significance of Insured Declared Value in affecting premium of your policy. What is Insured Declared Value (IDV)? In simple, Insured Declared Value is the maximum Sum Assured fixed by the insurer for a motor insurance policy. In other words, IDV is …


Why do you need a core Insurance system?

“Un-expectancy” is a reality of life; we are unaware of what future has in store for us. Even if you’re in good health, an unexpected illness can make you to pay an extra if you don’t have insurance. Insurance has turned out to be a noteworthy in most developed countries. Insurance is a protection offered …


Rani Paruchuri, Founder & CEO, Dream Tekis Software Pvt. Ltd.

For Rani Paruchuri, life was difficult in Lakshmipuram, a village in Andhra Pradesh. This enterprising techie  studied in a Telugu medium school without the faintest idea about the existence of computers, or her inclination towards technology. When she was 12, Rani lost her father and things took a turn for the worse. Her mother was …


Highlights on Budget 2016-17 in light of the Insurance Industry.

The objective of this Budget is to improve quality of life and to pass benefits to common man. The Finance Minister Arun Jaitley giving final touches to the Union Budget. This time the government decided to spend Rs 5,500 crore for the crop insurance scheme. In his Budget speech, Finance Minister Arun Jaitley said that …