Tips to Save Motor Insurance Premium

A motor insurance policy is a must for every Indian citizen if they have a vehicle in their name. So, if you own a bike or a car, invest in a motor insurance policy for your vehicle to comply with the legal formalities. 

Buying a motor insurance policy means paying a premium for the coverage. The premium of the policy depends on a lot of factors like the make, model, and variant, age of the vehicle, registration location, etc. However, there are a lot of ways in which you can save on the motor insurance cost. Do you know how?

Here are some tips to save motor insurance premiums –

  1. Utilise the NCB to the full

    For every claim-free year that you experience in your motor insurance policy, you get a no claim bonus (NCB). This bonus allows you to claim a discount at the time of renewing the policy. The NCB starts at 20% and goes up to 50%. You can accumulate the NCB if you don’t make claims in successive years. However, even a single claim reduces the accumulated no claim bonus to zero. So, while renewing, utilise the no claim bonus to the fullest. Also, try and avoid making small claims as they would nullify the NCB.

  2. Choose a voluntary deductible, if economical

    A voluntary deductible is when you undertake to pay a part of the claim yourself. Though this involves an out-of-pocket expense on claims, it allows you a premium discount. So, if you are a good driver and your claim experience is low, opt for a voluntary deductible. Weigh in the deductible amount and the premium saving and if the deductible proves economical, opt for it to reduce the premium.

  3. Install safety devices in the vehicle

    Safety devices bring down the chances of accidents and provide a layer of safety. This also leads to lower claims for the insurance company and so, the company offers a premium discount. So, safety devices not only lead to safe driving, but also help in premium savings.

    For example, if your vehicle has an anti-theft device, your insurance premium would be lesser than a vehicle without one.

  4. Buy online

    Many insurers offer discounts if you buy the policy online. So, if you buy the policy online and there is a discount for the same, you can reduce the premium that you pay. Since online plans do not have any third-party intervention, they are usually cheaper than their offline counterparts.

  5. Opt for third party plans if feasible

    The Motor Vehicles Act, 1988, the Act that governs Indian traffic rules, stipulates the need for a third party policy on every vehicle. This policy protects you against third party liabilities if your vehicle causes a financial loss to any individual or property. However, if the vehicle itself suffers any damage, no claim is paid.

    Third-party plans have restricted coverage and are not usually recommended. However, if you have a very old vehicle or if you use your vehicle sparingly, you can make do with a third party policy whose premium is very low.

  6. Try the new ‘Pay-as-you-go’ policy

    A new policy has been introduced in the motor insurance market called the ‘Pay-as-you-use/go’ policy. Under this policy, you have the flexibility to switch your coverage on or off depending on the usage of the vehicle. When you are using the vehicle, you can turn the coverage on and when you are not using the vehicle, you can turn the cover off. So, rather than paying the premium for using the vehicle throughout the year, you can pay the premium for the actual time that you use the vehicle and save on motor insurance costs.

  7. Use your membership to your advantage

    If you are a member of a reputed automobile association, you become eligible for a premium discount. So, use your membership to claim a discount and lower the premium cost.

  8. Compare and buy

    Last, but definitely not least, compare before buying motor insurance plans. More than a dozen insurers offer motor insurance policies and the pricing of each insurer is different. When you compare, you can check the premium charged by different insurers and then select a policy that charges the lowest premium without compromising on the coverage. It would, thus, help you reduce the premium cost and save.

Which of these tips would you use?

You can use a combination of these tips to bring down the premium of your motor insurance policy. All you need is a little knowledge and a look into the policies available in the market. Compare the available plans and look for the best deal. Then buy the best motor insurance policy which offers the most suitable coverage without charging a bomb.

Buying Term Insurance Cover? Remember to Consider these Things in Addition to Low Premiums!

Term insurance is one of the first steps to personal financial planning. However, most people procrastinate and hence delay the process of opting for one. So, if you are planning to opt for a term insurance plan, we will try and simplify the process for you.

A term insurance plan needs to be taken only after carefully evaluating your family’s financial goals. Here are the top 6 things to consider whilst buying a term cover. 

  1. Calculate your total life insurance coverage based on your needs

    The amount for which you need to be insured is one of the most critical aspects, many individuals avail themselves of a term cover as a multiple of their annual income. There are many free online tools that will enable you to ascertain the right amount of term cover that you need to avail yourself. Although this is a thumb rule followed across the industry, it may not be the correct way ahead to calculate such an important aspect of your life!

    Arriving at the term insurance requirement needs you to assess your financial goals including children’s education, retirement, etc. evaluate household requirements after factoring in inflation and provisioning your liabilities. You would have to deduct the corpus from existing investments. The amount would actually be the term cover you would require.
    Tip: Everyone with similar income levels might not have similar life insurance requirements. It is a factor of many other aspects, which need to be incorporated to accurately estimate your life insurance requirement.

    So, Term Insurance Coverage can be calculated as
    Insurance Need = Long Term Needs + Short Term Needs + Maintenance Requirements + Outstanding Liabilities – Assets – Existing Insurance Coverage.

    Remember, being underinsured is as big a risk as no insurance at all!

  2. Ascertain the tenure of the plan

    Term insurance need not be taken for a very long tenure. In fact, it is a function of your financial milestones. Thus, you can opt for tenure for your term plan as long as you are financially responsible for anyone, i.e. you actively participate in contributing to the family’s income to run the same. Thus, you can take it till your retirement.

    Alternately, your term plan tenure needs to be taken till such time your financial goals are not fulfilled and there are no further financial obligations and your current net worth is sufficient to provide your family’s future expenses.

    Tip: The easiest way to calculate this is to opt for a term plan till retirement or till your dependents (especially children) are financially independent and there are no outstanding debts.

  3. Premium

    You need to know how much premium you need to pay for the entire policy tenure so that it is budgeted in advance. If the premium for a term insurance plan is not paid on time, it would lapse and your life insurance coverage would cease to exist.
    Also, the premiums are held constant over the predetermined tenure of the policy. Thus, the earlier you buy the plan, the better it is. However, most individuals only realize the importance of term insurance at a much higher age, when there could be a substantial rise in the premium.

    Further, the premiums could rise if the policyholder develops a life-threatening habit (drinking/smoking) or physical condition (illness/disability/obesity). This could also lead to difficulty in getting the policy issued.

    Tip: It is extremely important to go through the nuances before signing on the dotted line. Also, remember to declare EVERY POSSIBLE detail at the time of filling up the proposal form yourself, such as your family history, past illnesses of yourself and your entire family, BMI details, smoking and drinking habits, past insurance plans, etc. even if that results in a rise in premium so that there are no complications at the time of claim!

  4. Choice of add-ons

    Although add-ons may seem like unwanted frills, they will be worth every penny in the event where you may have to spend on one such unfortunate incident.

    There are 3 major riders that are available across all term cover plans – 

    1. Cover for death due to accident:

      In addition to the base sum assured, the additional cover earmarked under this add-on will be paid to the beneficiary in the event of death due to an accident.

    2. Critical illness cover:

      Medical expenses on critical illness have been escalating at a rate much higher than that of inflation. Infact, medical expenses are the fastest growing expenses, in the event where you may have to face a critical illness, there is a high possibility that it could deplete your savings substantially. The premiums for this add-on cover are higher as compared to the other riders.

      The amount of coverage that you opt for under this add–on will be paid out to the policyholder in the event of being diagnosed with one of the diseases which is covered under the critical illness category in the policy issued by the insurance company.

    3. A premium waiver on critical illness or disability:

      In the event of the policyholder becoming permanently disabled or being diagnosed with a critical illness, the future premiums will be waived off. However, the cover will remain active throughout the predetermined tenure of the policy. These add-ons are relatively low cost as compared to the others.

      Tip: Although most term covers offer similar riders, it is important to read the fine print, there may be minute differences across insurance companies. Hence, it is important that you read through the brochure and do your research before you commit to a term cover. 

  5. Compare the benefits and service offerings

    Term cover is a long-term commitment, it is only sensible to do thorough research and avail a plan which offers the most competitive premiums, best service in terms of reminders. You need to leverage the platform with an in-depth comparison before opting for the plan which best suits your needs.

    Tip: In this digital world, it is not advisable not to compare the benefits of the term insurance plan before opting for the one which best suits your needs!

  6. Claim settlement ratio (CSR)

    Lower premiums may be a great attraction, but the claims settlement ratio is probably one of the most important criteria while choosing the right term cover. You should look out for insurance companies that have a high claim settlement ratio, if a company mentions 99% as its claim settlement ratio, it essentially means that out of every 100 claims submitted to the insurer, 99 have been settled.

    Tip: CSR cannot be the sole criteria for decision making, but could be one of the criteria for shortlisting options. All these 7 aspects need to be considered before opting for the term plan!

  7. Necessary information on Proposal Form + Documents

    There are quite a few documents that need to be submitted at the time of applying for a term insurance plan such as identity and address proof of the policyholder, duly filled proposal form with all health and family history details, income declaration/proof of the policyholder, as may be needed by the underwriter along with an age proof of the insured.

    Tip: Remember to fill the proposal form yourself with accurate details of yourself, family, medical history as well as previous life insurance policy details, so that there is no confusion at the time of claim if needed. Put in your nominee details as well.

    The most prevalent reason for claim rejection is “non-disclosure” or “misrepresentation” of material facts, as specified by the IRDAI, i.e. if any information is not given or is incorrect, then it may lead to a claim repudiation. Hence filling up the proposal form with accurate details and genuine documentation is the crux of opting for a term insurance plan.

Choosing a term cover is a long-term commitment, it is in the best interest of you and your loved ones that you make the right choice based on the above considerations.

LIC Jeevan Saral Maturity Calculator: Jeevan Saral Plan & Its Benefits

The Life Insurance Corporation of India (LIC) offers a range of life insurance plans which promise attractive benefits. Both traditional, as well as market-linked insurance plans, are offered by LIC. One such policy is LIC’s Jeevan Saral policy which was quite popular among individuals when it was offered. The policy, however, has been withdrawn by the company. However, the company offers several life insurance plans, some of them combined with attractive investment options that make for a great overall package. The list of plans along with their briefly explained features can be found here. We at Turtlemint also offer a number of life insurance plans combined with investment options suited to your personal needs. Click the link below to browse the most relevant plans at attractive premiums

LIC Jeevan Saral is a traditional life insurance plan promising guaranteed death and maturity benefits. The plan promised a secured corpus which was why many individuals invested in it. Let’s understand how –

What is LIC’s Jeevan Saral Plan?

LIC’s Jeevan Saral Plan is a traditional endowment plan which has a guaranteed death or maturity benefit. The plan requires you to pay a premium depending on which the death and maturity benefits are calculated.

Salient features of LIC’s Jeevan Saral Plan

  • You could choose the amount of premium that you wanted to pay and the premium payment mode
  • This is a participating endowment plan wherein you get loyalty additions when the plan matures or in case of death
  • The death benefit is 250 times the monthly premium that you pay along with the loyalty additions
  • There are riders under the plan which you could choose as per your coverage requirements

Benefits of LIC’s Jeevan Saral Plan

LIC’s Jeevan Saral Plan gives you the following benefits –

  • You can get the guarantee of death benefit throughout the policy tenure. Thus, the plan provides financial security
  • Loyalty additions enhance the corpus and give you additional returns
  • Since you can choose the premium you have the flexibility of choosing the amount that you want to invest under the plan
  • The plan can be surrendered if you have paid at least three full years’ premium. The surrender benefit is guaranteed and depends on the number of premiums that you have paid

Being the largest life insurer in India, LIC has a variety of plans that combine the unique benefits of the Jeevan Saral Plan and other important features of life insurance that can easily be compared for their pros and cons here.

Eligibility Criteria For LIC Jeevan Saral Policy:

Entry age 

12 years

Maturity Age 

60 years

Premium payment term- 

Minimum – 10 years

Maximum – 35 years

Policy Term 

Minimum – 10 years

Maximum – 35 years

Minimum monthly premium

(a) For 12 to 49 years- INR 250, 

(b) For 50 to 60 years- INR 400

Maximum monthly premium

INR 10,000

LIC Jeevan Saral Calculator

LIC’s Jeevan Saral is a beneficial plan which gives a lot of benefits to policyholders. Let’s understand how the death and maturity benefits of the plan are calculated.

Jeevan Saral calculator – death benefit

The death benefit under the plan is calculated using the following formula-

Death benefit = (250 * monthly premium paid) + Loyalty Additions paid on death

Jeevan Saral calculator – maturity benefit

The maturity sum assured is calculated based on your entry age and the premium that you have paid. It also depends on the policy tenure. On maturity, the benefit paid would be calculated as follows –

Maturity benefit = maturity sum assured + loyalty additions

Let’s understand the working of the plan with the help of an illustration –


Suppose a 35-year-old male buys the plan for a term of 25 years. The premium is paid yearly and the amount of annual premium is INR 4704. Given these details, let’s check the maturity and death benefit promised by the plan –

Jeevan Saral Calculator

Policy year Annual premium Cumulative premium Loyalty Additions* Guaranteed Death Benefit
Case 1 Case 2 Case 1 Case 2
Year 1 INR 4704 INR 4704 NA NA INR 100,000 INR 100,000
Year 5 INR 4704 INR 23,520 NA NA INR 119,200 INR 119,200
Year 10 INR 4704 INR 47,040 INR 7000 INR 18,000 INR 150,200 INR 161,200
Year 15 INR 4704 INR 70,560 INR 13,000 INR 41,000 INR 180,200 INR 208,200
Year 20 INR 4704 INR 94,080 INR 30,000 INR 100,000 INR 221,200 INR 291,200
Year 25 INR 4704 INR 117,600 INR 65,000 INR 211,000 INR 280,200 INR 426,200

(*Loyalty additions are not guaranteed. That is why they have been calculated at an assumed rate for calculation purposes.)

When the policy matures after 25 years, you get the guaranteed benefit of INR 280,200 or INR 426,200 depending on the loyalty addition added under the policy.

Since the policy has been withdrawn, you cannot apply for a fresh plan. However, if you have already invested in the plan when it was sold, you can check your maturity value and death benefit using the Jeevan Saral Calculator. Moreover, you have two options for managing your policy. You can either continue the coverage by paying the premium or you can surrender the plan and apply for a new endowment policy offered by LIC as well as other leading life insurance companies. When you surrender the Jeevan Saral plan, you get a surrender value if you have paid at least the first three years’ premiums. Do you know how the surrender value is calculated?

Jeevan Saral calculator – surrender benefit

If you have paid three full years’ premiums, you can surrender the plan. On surrender, the policy pays the surrender benefit. This benefit is calculated to be higher of the Guaranteed Surrender Value (GSV) or the Special Surrender Value (SSV). Special Surrender Value is applicable when premiums for more than three years have been paid. The values are calculated as follows –

GSV = 30% of total premiums paid – first-year premium

SSV depends on the number of premiums paid and is calculated as follows –

  • 80% of the maturity sum assured if premiums for more than 3 years but less than 4 years have been paid
  • 90% of the maturity sum assured if premiums for more than 4 years but less than 5 years have been paid
  • 100% of the maturity sum assured if premiums for more than 5 years have been paid

So, if the above illustration is considered, here are the surrender values which you can expect from the policy –

LIC Jeevan Saral Calculator – calculation of surrender benefit

Policy year Annual premium Cumulative premium Loyalty Additions* Guaranteed Surrender Value
Case 1 Case 2 Case 1 Case 2
Year 3 INR 4704 INR 14,112 NA NA INR 8099 INR 8099
Year 5 INR 4704 INR 23,520 NA NA INR 18,660 INR 18,660
Year 10 INR 4704 INR 47,040 INR 7000 INR 18,000 INR 50,360 INR 61,360
Year 15 INR 4704 INR 70,560 INR 13,000 INR 41,000 INR 88,200 INR 116,200
Year 20 INR 4704 INR 94,080 INR 30,000 INR 100,000 INR 136,124 INR 206,124
Year 25 INR 4704 INR 117,600 INR 65,000 INR 211,000 INR 200,296 INR 346,296

(*Loyalty additions are not guaranteed. That is why they have been calculated at an assumed rate for calculation purposes.)

Claiming the maturity benefits of LIC Jeevan Saral Plan 

If you do not surrender but continue the plan to term, you get the maturity benefit when the term comes to an end. To avail the maturity benefit you would have to fill up a Maturity Discharge Form and submit the same to LIC. You would also have to submit the original policy document for the claim process to be properly completed. In case you have lost the original policy bond you would have to file a police FIR and fill up an indemnity bond. Your claim would then be processed based on the FIR and the indemnity bond and the maturity amount would be credited to your bank account.

LIC’s Jeevan Saral Policy pays guaranteed benefits and lets you decide on the premium that you want to invest. So, understand the policy benefits before you invest in the plan. Use LIC Jeevan Saral calculator to calculate the plan benefits so that you know the benefits which you can receive in case of death, early surrender or maturity. LIC Jeevan Saral calculator helps you to quantify the benefits giving you an estimate of the funds which you can create with the plan. However, the plan has been withdrawn and so if you are looking for other endowment plans which give a guaranteed benefit, here are some of the best options –

LIC’s Jeevan Labh

  • It is a participating endowment plan which offers simple reversionary bonuses throughout the policy tenure
  • There are two optional riders if you want to increase the scope of coverage under the plan
  • You get premium discounts if you pay premiums yearly or half-yearly and also if the chosen sum assured is INR 5 lakhs and above

Plan parameters 

Entry age 8 years to 59 years
Sum assured INR 2 lakh onwards
Premium Depends on the coverage, age and term selected
Policy term 16, 21 or 25 years
Premium payment mode Limited pay

HDFC Life Sanchay Plus 

  • There are four coverage options to choose from
  • Two additional riders are available under the plan
  • The plan promises guaranteed incomes till 99 years of age if you choose Lifelong income coverage option

Plan parameters 

Entry age 5 years to 60 years
Sum assured Depends on age, term, premium amount and the coverage option selected
Premium Minimum – INR 30,000/year

Maximum – no limit

Policy term 6 years to 20 years
Premium payment mode Limited pay

HDFC Life offers a number of plans that closely compete with LICs insurance plans. These plans seek to provide the assurance of a secure financial future to the customers. It offers plans with multiple benefits and flexible modes of payments, which can be found here.

ICICI Pru Life Cash Advantage Plan 

  • The plan offers guaranteed incomes every year for 10 years during the term of the plan
  • Premiums are payable for a limited tenure after which the guaranteed incomes start
  • A guaranteed maturity benefit is paid when the plan matures

Plan parameters 

Entry age 0 years to 60 years
Sum assured 7 or 10 times the annual premium depending on the age
Premium Minimum – INR 12,000/year

Maximum – no limit

Policy term 15, 17 or 20 years
Premium payment mode Limited pay

Bajaj Allianz POS Goal Suraksha

  • The policy offers guaranteed additions which help in enhancing the corpus
  • On maturity, the benefit payable is guaranteed
  • You can avail a policy loan for financial needs
  • You can choose to change the premium payment mode during the policy tenure

Plan parameters

Entry age 18 years to 55 years
Sum assured Minimum – INR 30,000

Maximum – INR 10 lakhs

Premium Minimum – INR 3000/year

Maximum – depends on the maximum sum assured, age and term

Policy term 10 or 15 years
Premium payment mode Limited pay

Bajaj Allianz is counted among India’s leading insurance companies. Its POS Goal Suraksha plan has additional features to benefit the customer. Along with it, the company offers other diverse variety of plans for life insurance which can be found here.

Still confused about which life insurance linked investment option to choose from? Choose the best investment plan from a wide variety of insurance providers & compare them for the best features suitable to you at Turtlemint’s investment comparison portal.

You can choose from these top endowment plans and create a good maturity corpus. To buy any of these plans you can choose Turtlemint which allows you to buy the policy online through some simple steps. Visit Turtlemint and compare the available endowment plans. Choose the best plan as per your coverage requirements and you can buy the plan with some simple clicks of the mouse. It’s as simple as that!

Things to remember before buying LIC Jeevan Saral Policy

While buying a LIC Jeevan Saral Policy, you need to keep certain points in mind-

  • The maturity benefit and death benefit amount mentioned in the policy are only applicable for non-smokers, both males, and females. One’s medical certificate, occupation, and lifestyle will be considered checkpoints.
  • The loyalty benefits are subject to the prospective benefits and are not guaranteed.
  • At the end of the year, the maturity benefits become equal to the amount assured.
  • A lump sum amount is paid to the family of the policyholder as long as the policy is continued. 

Exclusions under LIC Jeevan Saral Policy

  • The policy will be termed void if the policyholder dies by committing suicide
  • The policy will be nullified if the person commits suicide after the risk under the policy has started but within one year of the risk acceptance during the policy term

Documents required for LIC Jeevan Saral Policy

To apply for the LIC Jeevan Saral Policy, the person needs to submit a number of documents. They are as follows-

  • An filled up application form.
  • Accurate medical details.
  • Address proof
  • KYC details
  • Medical test reports might be needed in specific cases, depending upon sum assured and age assured

What happens if you stop making the payment of the premium?

The policy can be surrendered only after it has been active for at least 3 years. If you stop making the payment of the premium, a paid-up value will be acquired for a Reduced Sum Assured by the policy. 

What happens if you want to avail of a loan against the policy?

You can avail loan against the Jeevan Saral Policy if you wish to. But it is only available after you have paid premiums for 3 years. The maximum loan value you can get is a specified percentage of the Surrender Value. This amount is calculated based on the policy values at the time of making premiums.

“We are Flag Bearers of Digitization” – Dhirendra Mahyavanshi on Asia Insuretech Podcast

Hey All! 

Listen to the Podcast conversation between Dhirendra Mahyavanshi & Michael Waitze from Asia Insuretech podcast about about the ever-evolving dynamic Insurtech landscape in India.

Dhirendra speaks about his 19 years journey from his early days in the insurance industry to creating the largest Insurtech startup in India with a PoSP network of more than 1,20,000 insurance advisors in India. 

Some Important Excerpts of the conversation:

  • A large part of the population has been introduced to insurance very, very recently, because maybe COVID has accelerated that a little.
  • We are solving for increasing penetration, getting new customers, who were probably in the rural markets, with less access to insurance kind of products, they become part of the insurance world and they get insured.
  • One big change that I see is that this industry is able to attract talent now. Earlier, it would be very hard to get top notch students from the best colleges to come and join the insurance industry. Now we’ve got the best engineering talent that wants to work in the insuretech space.
  • We firmly believe that insurance is a business of relationship, it’s a business of trust. The product is complex. Consumers may understand parts of it, but can’t make a decision for themselves without expert advice. And, and that’s why also the need for buying insurance is not something that is inherent in a person, it has to be told to him and then he makes a then he comes to know that he needs to be insured, especially in markets like India. 
  • We have a content strategy that is focused on creating awareness around insurance. And we disseminate this content, which is what we call micro bite sized content, which is both video and sort of text and material based. We disseminate through our network of advisers.
  • So we have about 500,000 financial advisors, who use our platform. More than a million downloads, but 500,000 actively distributing content within their community and getting customers to know about insurance.
  • We have about 80% of our business that happens in cities beyond the top 10 and 65% of our business comes from cities beyond top 30.
  • What we also did was we created technology that could also be consumed by large companies or small companies alike, who probably did not have access to this kind of a platform. So we’ve created API’s that banks, fintechs, or any other startup with a captive consumer base can use.

You can also share the interesting conversation from your social media handles in your network.

Coronavirus Life Insurance: Coverage Against COVID With Life Insurance

Covid-19 is a novel coronavirus that has brought the world to a standstill. The world is reeling under its adverse effects. Economies are hard hit, with people losing their livelihood. This highly contagious viral disease has disrupted lives and has become a major health concern for all governments all around the globe. 

People suffering from coronavirus infection show different symptoms. Some have mild cough, cold and fever and can be easily treated while others may exhibit serious respiratory problems and require immediate hospitalisation. Covid-19 primarily turns out to be fatal for those above 60 years of age or those having pre-medical complications. In either case, the person who tests positive for Covid-19 needs emotional and financial support. 

This is where insurance plans come in handy. Health insurance plans provide financial backup to cover the expenditure on treatment and life insurance plans help to ease the financial burden of the insured’s family in the unfortunate case of death due to Covid-19.

The pandemic has brought the need to be financially secure, to the forefront. While India fights the second wave of Covid, more and more lives are endangered. Having the protection of appropriate life insurance is imperative today, more than ever. While people are well-aware of the importance of a good insurance policy they still have so many questions in mind regarding the new virus and available insurance plans. 

Need of Insurance during the Pandemic

Coronavirus has put us on the verge of health as well as a financial emergency. Surviving this disease financially may be out of reach for many. Not to mention, if the primary bread earner of the family passes away, the grieved family would struggle to make their ends meet. All this makes buying a Covid life insurance plan all the more necessary, as an eventuality does not come with any prior notification. If you are someone who is still contemplating investing in a life insurance policy, it is high time that you stop procrastinating and find a plan for yourself that would help your family survive your passing away due to this deadly disease.

What is meant by Coronavirus Life Insurance?

In the ongoing pandemic, a coronavirus term life insurance policy will secure you and your loved ones. As we know by now that this virus spares no one, it spreads to one and all alike. A corona life insurance policy can ease the financial burden if infected.

What does this mean for the existing Policyholders?

If any life insurance policyholder passes away due to Covid-19, then the appointed nominee/ beneficiary will receive the benefits as per the sum assured amount. A life insurance policy including term insurance generally covers death due to a health-related issue. This means the nominee of the policy is eligible to get the death benefits in case of the demise of the policyholder due to any eventuality including Covid-19, during the tenure of the insurance policy.

However, some insurance plan providers have an exclusion of some specific cause of death. Still, death by Covid-19 is covered and the beneficiary will be eligible to receive the death benefits.

As per the mandate by the Insurance Regulatory and Development Authority of India, irrespective of the policy you own, all the insurance providing companies have to offer Covid cover under their health insurance policy.

Coronavirus Insurance Policy

Theworld is wobbling under the effects of the coronavirus pandemic. Having an insurance plan that covers Covid-19 has become the need of the hour for all of us. As directed by the IRDAI, the insurance providing companies have to prioritise and accelerate the claims pertaining to the Covid-19. Insurance is an affordable way of preparing for any unforeseen contingency and securing the future of your loved ones. 

It does not seem likely that this pandemic is going away anytime soon. Life insurance plans come with a wide array of benefits and thus having a coronavirus life insurance plan can be very beneficial, as it is specially designed to take care of the financial struggles your family may have to face if this highly contagious disease grabs you in its clutches. 

What If The Existing Life Insurance Policy Covers Coronavirus Under Critical Illness?

Generally, the nominee is eligible to receive the death benefits if the death of the policyholder is due to some health-related issues. These benefits are normally, not denied by the policy providers. However, the policyholder needs to examine the term of the life insurance riders, as the term needs to be fulfilled to receive the benefits. Terms and conditions of the riders will be taken into consideration even if the Covid-19 is covered under the life insurance plan. 

One must bear in mind that in the case of a life insurance policy with critical illness benefits, the claims may or may not be entertained. It is therefore important that you read all the offer documents carefully.

Coronavirus Specific Health Insurance Plans Available in India:

Having coronavirus insurance is imperative, however, it is also prudent to be under the protection of a health insurance policy as per your needs. You can either go for a regular health insurance plan that gives complete coverage of all medical expenses, including the expenses made towards the treatment of Coronavirus. Or you can opt for Covid-specific health insurance policies. The Insurance Regulatory and Development Authority of India has already launched two short-term health policies, specially designed to cover the expenses of only coronavirus treatment.

  1. Corona Kavach Policy for Covid-19

    It is a standard health plan that is a single premium policy and covers the expenses that you incur due to hospitalisation because of Covid. This insurance policy has an affordable premium, is indemnity-based and covers you on an individual or a family floater basis. The policy would offer a cover for you, your spouse, your dependent children, your parents and even your parents-in-law under this policy.

    The term of the policy can be 3.5 months, 6.5 months and 9.5 months. It is offered by all private as well as general insurance providers and offers coverage against homecare treatment expenses, AYUSH treatment expenses, pre-hospitalization expenses, post-hospitalization expenses and also road ambulance expenses. The leading feature of this Corona Kavach is that it has a very short period of waiting that is only 15 days. By paying a slightly higher premium, you can avail daily cash benefits as well.

  2. Corona Rakshak Policy for Covid-19

    Corona Rakshak Policy is also a health plan launched under the guidance of IRDAI. A standard health insurance plan specially designed to cover the expenses incurred for the treatment of Covid-19, just like Corona Kavach Policy. However, Corona Rakshak is a fixed benefit health insurance plan that pays the policyholder a lump sum benefit. This sum is equal to 100% of the sum insured. The insured must test Covid-19 positive at a government recognised centre and should be hospitalised for more than 72 hours at a stretch to receive the benefits.

    The policy offers coverage on an individual basis for the sum insured options, which can range between Rs 50,000 – Rs 2.5 lakhs in the multiples of Rs 50,000. People between the age group of 18 years – 65 years can buy this policy.

    It is a short-term insurance plan that can be availed for 3.5 months, 6.5 months and 9.5 months. The policy is self terminated once the benefits are paid. The policyholder will be eligible for the benefits of the policy only if infected with the coronavirus. The policy has a waiting period of 15 days only. As it is a benefit based policy, it does not offer a lifetime renewability offer.

The covid-19 health insurance policies cover the in-patient hospitalization expenses, pre and post hospitalisation expenses and thus, takes off the financial pressure from you. As these are short-term plans the policyholder does not have to bear the burden of paying the health insurance premiums for a lifetime. So one must avoid procrastinating and buy a Corona health insurance plan at the earliest.

How Difficult Is It To Buy Term Life Insurance Policy During The Time Of Covid-19?

Coronavirus has indeed made us all aware of the need to have the security of life insurance plans in case of any eventuality. But it has become a challenge in today’s time to buy a life cover. In case you suffer from certain medical conditions or have already been affected, the life insurance company can hold or even deny your application. You may even have to pay a much higher premium. 

Therefore, to buy a coronavirus insurance plan you need to be fully prepared to answer the array of queries by the insurance providers, regarding your chances of getting infected with coronavirus before you can own an insurance policy. In case you suffer from any symptoms of Covid-19, buying the term insurance policy can prove to be very challenging.

You must answer all the questions asked, with utmost honesty. Avoid giving any false information or hiding any crucial information from your insurance provider. 


The world has been engulfed under the spell of coronavirus. In spite of all the efforts made by the government, the country is still reeling under Covid-19. The lives of numerous people have been affected by this virus. Thisnovel and a deadly virus have wreaked havoc everywhere. People have lost their livelihood and loved ones.

Masks, social distancing, and sanitisation have become the ‘new normals’. This virus can infect anybody, anytime. So in such a time where nothing is predictable, you should keep yourself and your loved ones safe under the protection of a life insurance policy. An insurance policy will ease the financial burden in the case of any eventuality. It will give emotional support and confidence to the infected member of the family instead of worrying about the future and finances. 

Frequently Asked Questions

  1. How can I know the Covid-19 Term Insurance Claim status?

    Answer: To know the status you can either visit the website of the insurance providing company or you can get in touch with their customer support team. You can also send an email to their email ID, available on their website.

  2. Can I buy corona life insurance online?

    Answer: Yes, you can. Most insurance companies offer life insurance plans online. Once you have finalised which plan you need to buy you can visit the company website and buy it online. You can pay the premium through net banking, digital wallet or card payment etc.

  3. If I buy an insurance policy now, will it cover Coronavirus?

    Answer: If you plan to buy an insurance policy now, the insurance provider will determine the premium on the basis of your medical history and current health status. Thus, it can be concluded that the ongoing pandemic would have an impact on the policy acceptance or premium to be paid, especially if your policy is still at the application stage.

  4. I have recently recovered from Covid-19, can I buy a life plan?

    Buying a life insurance policy after a recent recovery may be a little difficult. You may have to undergo more pre-policy medical tests and may have a longer waiting period as well. It is recommended that you get in touch with the company and find their eligibility criteria.

Hypothecation in Car Insurance: Everything You Need To Know

A car has become a need in today’s age as it gives you the convenience of travelling from one place to another. You can buy a new car or a used one depending on your needs. However, paying for a car is no mean feat. You need considerable funds at your disposal to buy a car, either new or second-hand. If you have saved up enough, you can pay the outright amount and own the car. If not, a car loan can come in handy.

Various banks and NBFCs offer car loans for used and new cars. These loans finance the car and allow you to become its owner. Car loans are convenient as you can repay them, affordably, over a chosen tenure. They allow you to afford a car and are, therefore, quite popular among car buyers.

When you avail of a car loan to buy a car, the concept of ‘hypothecation’ comes into play. Let’s understand what hypothecation means and how it impacts your ownership.

What is the hypothecation of vehicle?

If you finance any vehicle through a loan, you need to hypothecate the vehicle to the lender. Hypothecation of vehicle means that the vehicle would be owned by the lender until the loan is paid off. If you default on repayment, the lender can sell off the vehicle to realize the outstanding loan amount.

Procedure for car loan hypothecation

When you buy a car, you would have to register your car with the Regional Transport Office (RTO). The RTO would issue a Registration Certificate (RC) mentioning your name as the owner of the car. However, if you have availed of a car loan to finance the car, the details of hypothecation would also be mentioned in the RC book.

The RC book would contain the details of the lender from whom the loan has been availed. It would also mention that the car would be hypothecated to the lender and the date of such hypothecation. When you buy a car insurance policy, the policy would also acknowledge the carhypothecation and mention the same on the policy document.

How to add hypothecation to the car insurance plan?

Usually, the details of car hypothecation are included by the insurance company automatically when you insure your car. At the time of buying a car insurance plan, the insurance company requires you to submit the RC book of the car. Since the hypothecation details are mentioned in the RC book, the insurance company records the details in the car insurance policy too.

At the time of renewals, you are asked whether the loan is running or has been paid off. The insurance company might also check your RC book to check the details of the car hypothecation. If your loan is running, the renewed policy would also contain the hypothecation details and if the loan has been paid off, you can apply for removal of the hypothecation details from your insurance policy.

Documents for car hypothecation

For adding the details of hypothecation to your car when registering it at the RTO, you would have to furnish the following documents –

  • The Registration Certificate of the car, in original
  • Application for hypothecation in Form 34
  • PUC certificate
  • Valid third party insurance covers the car and is details
  • Receipt of the fee that you paid to get the hypothecation endorsed by the RTO
  • Your address proof
  • Self-attested copy of your PAN Card

How to remove car hypothecation?

Once you have paid off the car loan, it is recommended that you get the car hypothecation removed. Removal of hypothecation is a two-part process. First, you would have to get the hypothecation removed from the RC book through your RTO. Second, you would have to get the hypothecation removed from your car insurance policy. Let’s understand removal in both parts in details –

Removing hypothecation from the RC book

  • After you have cleared off the car loan, get a No Objection Certificate (NOC) from the lender. The certificate shows that the loan is paid off and that the lender has no issues with the cancellation of car hypothecation.
  • You would, then, have to visit the RTO and make an application for the removal of hypothecation. To do so, you would have to apply in Form 35 which is for hypothecation removal.
  • Fill up Form 35 and submit it to the RTO along with the following documents –
    • NOC issued by the lender
    • Loan closure letter or the loan statement from the lender showing the loan has been paid in full
    • Copy of a valid third party liability insurance policy on the car
    • A valid PUC certificate
  • Once you submit the documents, you would also have to pay a fee for the cancellation of the hypothecation. This fee depends on the state in which your vehicle is registered. You can check the fee on the transport department’s website.
  • Pay the fee and submit the documents. The RTO would verify the documents and if everything is found to be in order, your car hypothecation would be cancelled.
  • Once cancelled, the RTO would issue a fresh Registration Certificate (RC) where the details of hypothecation would not be mentioned. When receiving a new RC, you can also apply for a Smart Card RC. This would require you to pay an additional fee and the RTO would issue the new RC in the form of a smart card.

Removing hypothecation from the insurance policy

Once you have received the new RC from the RTO, you can apply for the removal of hypothecation details from your car insurance policy. For this, you should request the insurance company for removing the hypothecation from your car insurance policy. Submit the NOC, a copy of your existing policy and a copy of your new RC book. The insurance company would verify the details and remove the details of hypothecation from your car insurance policy.

How to check hypothecation removal status?

You can check the status of vehicle online to find out whether the hypothecation has been removed or not. After you submit the hypothecation removal request to the RTO, it takes some time before the RTO issues a new RC book. During this time, if you want to check the hypothecation status of vehicle online, you can do so through the Parivahan website of the Government. The process is as follows –

Importance of hypothecation and its removal

Hypothecation gives the lender collateral against repayment defaults. The lender remains the rightful owner of the car during the loan repayment. This gives the lender the right to sell off the vehicle to realize the outstanding loan amount if you fail to repay the loan on time. Thus, if you don’t pay off the loan in full, the lender’s loss is averted.

Once you have repaid the loan, however, removal of hypothecation is equally important. By removing the hypothecation from your car, you become the legal owner and have the right to sell the car when you want. 

So, know what car hypothecation is all about, how to add it and how to remove it when you buy your dream car.

Frequently Asked Questions

  1. I want to sell my car second hand. Can I do so if it is still hypothecated to the bank?

    As long as the loan is not repaid and you don’t avail of the NOC, selling your car second hand can create a problem. So, it is better to pay off the loan and then put up your car for sale

  2. I want to buy a second-hand car. How to check hypothecation status of the car?

    You can check the RC book of the car that you intend to buy. If the car is hypothecated, the RC book would state the same. Alternatively, you can visit the Parivahan website of the Government, enter the car’s registration number and check its hypothecation status online.

  3. My car is hypothecated and it has been stolen. Who would get the claim?

    Since the car is hypothecated, it is the property of the lender. Moreover, in case of theft, the lender suffers a loss since the lender paid for the car. Thus, the insurance claim would be paid to the lender if your car is stolen.

  4. Can I opt for the removal of hypothecation online?

    Yes, you can request the removal of hypothecation online on the Parivahan website of the Government. However, for submitting Form 35 and the relevant documents for the removal of hypothecation, you would have to visit the local RTO. 

  5. I forgot to get the hypothecation removed on renewal. Can I do it now?

    Yes, you can remove the hypothecation even after renewal. Just submit a written request to the insurance company as well as the documents required for removal, i.e. the NOC from the lender and a new and updated RC book. The insurance company would verify the details and remove the hypothecation.

Own Damage Car Insurance

A car insurance policy is mandated by the Motor Vehicles Act, 1988. The Act states that every car in India should carry valid third party coverage. This coverage protects third party interests. It pays the liability that the car owner suffers if the car hurts or kills any third party or damages third party property. However, if the car itself suffers any damage, there is no coverage granted by the third party cover. 

This is where own damage car insurance cover comes into the picture. Let’s understand what this cover is all about.

Own damage car insurance meaning

The own damage insurance for car is one that covers the damages suffered by the car itself. If the car is damaged due to natural or man-made causes or if it is stolen, the car own damage insurance cover would cover the financial loss suffered by the car owner and pay a claim.

Does basic insurance cover your own damage?

A basic insurance policy means a third party insurance policy that is mandated by the Motor Vehicles Act, 1988. As mentioned earlier, this basic insurance policy does not cover the damages suffered by the car. That is why, while third party cover is essential, you should also opt for your own damage car insurance for a comprehensive scope of coverage on the car.

Benefits of own damage car insurance

A policy of own damage insurance for car is recommended because of the various benefits that the policy provides. These benefits are as follows –

  1. Coverage against minor or major damages

    If the car suffers any minor or major damages due to an accident, natural calamity or man-made reasons, the own damage car insurance cover would compensate for the financial loss. The policy would pay the repair costs incurred in repairing the car if there is any minor or major damage. This would spare you considerable financial outgo as the repair costs can prove expensive, especially if you have a premium luxury car or if your car suffers major damages.

  2. Coverage against theft

    No matter how secure you keep your car, it might get stolen. When there is a theft, you stand to lose a considerable amount of money if the car is not traced back. The car own damage insurance policy covers theft cases too. If your car is stolen and not recovered, the policy pays a lump sum amount in the claim. This claim reduces the financial loss suffered and also allows you to buy a new car to replace the lost one.

  3. Affordable annual coverage

    The own damage car insurance coverage is allowed for one year after which it can be renewed for continued coverage. The annual policy has an affordable premium that you can easily play and enjoy a comprehensive scope of coverage.

  4. Easily available

    You can buy your own damage car insurance policy online in a few simple steps. Moreover, if you choose to buy the policy through Turtlemint, you can also compare the different plans available in the market and choose a policy that offers the maximum coverage at the lowest cost.

  5. Choice of add-ons

    The own damage car insurance policy comes with a range of optional coverage benefits called add-ons. These add-ons help in enhancing the scope of coverage of the policy at minimal premiums. You can opt for suitable add-ons and increase the coverage and the claim amount. Moreover, the add-ons take care of all possible contingencies that you might face when using your car.

  6. No claim bonus

    If you do not make any claim in your policy, you are entitled to receive a no claim bonus upon renewal. This bonus gives you a discount on the renewal premium. It starts at 20% for the first claim-free year and then continues to increase after every successive claim-free year. You can claim up to a 50% discount if you don’t make any claims for five successive years. 

  7. Attractive premium discounts

    When you choose coverage for own damage, you can also get attractive premium discounts to reduce the premium. Discounts are allowed for installing safety devices, being a member of an automobile association, choosing a voluntary deductible, etc. besides the no claim bonus allowed by the plan.

Inclusions under own damage car insurance

The coverage offered by car own damage insurance is quite comprehensive. The policy covers the following cases of contingencies –

  1. Damages to the car due to natural disasters like earthquakes, floods, storms, hurricanes, landslides, etc.
  2. Damages to the car due to man-made calamities like riots, fire, strike, malicious activities, etc.
  3. Theft of the car
  4. Damages to the car when it is being transported by rail, road, sea or air

Exclusions under own damage car insurance

Despite offering a good scope of coverage, the following instances are not covered in car own damage insurance –

  • Damages suffered when driving the car outside the boundaries of India
  • Damages suffered when driving the car under the influence of alcohol and/or drugs
  • Damages suffered when driving the car without a valid driving license
  • Deliberate or self-inflicted damages
  • Electrical or mechanical breakdown
  • Depreciation and wear and tear suffered due to use
  • Damages suffered when violating the limitations of using the car
  • Damages suffered when using the car for carrying out illegal acts

How to calculate your own damage car insurance premium?

The premium of the own damage car insurance cover depends on various factors. When you consider these factors, you can calculate the premium using online premium calculation tools. The factors affecting the own damage car insurance premium are as follows –

  1. The Insured Declared Value (IDV)

    The IDV represents the coverage amount of the own damage car insurance cover. It is calculated by deducting the depreciation based on the age of the car from the market value of the car. The higher the IDV the higher would be the premium and vice-versa.

  2. Age of the car

    Since age affects the IDV, it is inversely related to the premium. If the car is old, the IDV would be low and so would be the premium. Thus, the premium for new cars is higher than the premium for older ones.

  3. Registration details

    The registration year and location determine the premium amount. The registration date shows the age of the car. A car registered recently would, therefore, be new and have a higher premium than an older registered car.

    Similarly, the registration location is also considered for premium calculation. Cars registered in metropolitan cities have higher premiums than cars registered elsewhere. It is because the probability of claims and the expected repair costs are higher in metros.

  4. Make, model and variant (MMV) of the car

    The MMV of the car determines its market value. Depending on the market value, the premium is determined. Cars having high market values have high premiums compared to cars with lower values.

  5. Add-ons selected

    If you opt for the available add-ons, the premiums would increase because each add-on comes with an additional premium. 

  6. No claim discount

    If you are renewing your own damage car insurance policy and there have been no claims in the previous years, you can claim a no claim discount. The higher the discount you have accumulated the lower would be the premium and vice-versa.

  7. Other discounts

    As mentioned earlier, you can claim a host of discounts under your own damage car insurance policy. So, depending on the discounts that you can claim, the premium would be calculated. Higher the discounts lower would be the premium and vice-versa.

  8. Lapse of the policy

    If you are renewing a lapsed car insurance policy, the renewal premium might be higher compared to renewing a policy within the due date.

    When you enter these details in the premium calculator, the premium for the own damage car insurance cover would be calculated and displayed.

Standalone own damage car insurance policy

To opt for own damage cover, you have two options. These are as follows –

  1. Comprehensive policy

    A comprehensive car insurance policy includes coverage for the mandatory third-party liability as well as own damage cover. Thus, with a single policy, you can avail of both the coverage benefits.

  2. Standalone own damage car insurance

    As the name suggests, this policy covers only the damages suffered by the car. Coverage for third party liability is not allowed under this plan. The standalone own damage car insurance policy is available only if you have valid third party insurance coverage on the car. Usually, this policy is designed for new cars where five-year third party coverage is mandatory. In such cases, you can opt for a long term third party cover and an annual standalone own damage cover.

Own damage car insurance renewal

The own damage insurance for car is allowed for one year and you have to renew the policy annually for non-stop coverage. Own damage car insurance renewal can be done online or offline. Let’s understand how –

  1. Offline own damage car insurance renewal

    To renew your car own damage insurance offline you can either visit the branch of the insurance company or contact an insurance agent of the company. Provide your policy number to know the existing policy details. Pay the renewal premium online and do any changes in the policy if you want. Once the premium is received, the policy would be renewed.

  2. Online own damage car insurance renewal

    The online mode of own damage car insurance renewal is quick, easy and instantaneous. You can renew online from the website of the insurance company. Just visit the company’s official website, choose the renewal option and provide your policy details. You can check your existing coverage and also make changes if needed. The renewal premium would be displayed which you can pay online using any digital payment modes. Once the premium is successfully paid, the policy would be renewed instantly.

    Alternatively, if you have bought your own damage car insurance policy online through Turtlemint, you can log into your account and renew through Turtlemint’s platform. Turtlemint also allows you to compare your existing policy with other available policies and then choose the best plan. Just pay the renewal premium online and your policy would be instantly renewed.

How to claim car insurance for own damage in India?

In case you suffer any contingency that is covered by the policy, here’s how to claim car insurance for own damage in India –

  1. Inform the insurance company immediately of the claim. The company would register your claim and issue you a Claim Reference Number. This reference number would come in handy for tracking your claims and for claim filing.
  2. When you inform the insurance company, it would direct you to take your car to the nearest networked garage. You can also get the list of networked garages in your area when intimating the claim.
  3. At the garage, the surveyor would visit and assess the damages suffered
  4. The surveyor would, then, prepare a claim estimate and submit it to the insurance company.
  5. Based on the surveyor’s estimate, the company would approve cashless repairs
  6. Once the approval is received, the garage would start the repair work. The bills would be settled directly by the insurance company
  7. For any inadmissible costs and deductibles you should pay the remaining cost of the repairs
  8. The claim form and other relevant documents should be submitted to the insurance company for claim settlement.
  9. Then you can take the delivery of your car
  10. If, however, you take your car to a non-networked garage, you would have to bear the repair costs initially. Then, once the repair bills and the claim documents are submitted, the insurance company would reimburse you for the costs incurred.
  11. In case of theft, inform the police and file an FIR
  12. The police would try and locate your car. If they fail to do so, they would issue a non-traceable certificate.
  13. Submit this certificate along with the other claim related documents for claim settlement.
  14. The insurance company would pay the IDV and the claim would be settled

You can also take Turtlemint’s help in case of your car insurance claims. Turtlemint has a dedicated claim handling team that would take the claim steps on your behalf and help you in getting a quick claim settlement. Just inform Turtlemint of your claim by calling 1800 266 0101 or by sending an email to and then Turtlemint’s team would do the work to get your claim settled.

So, understand the concept of own damage car insurance and then buy suitable coverage for your car for all-around protection.

Frequently Asked Questions

  1. What would happen if I failed to do my own damage car insurance renewal on time?

    If you do not renew your own damage car insurance policy on time, the policy would lapse and the coverage would stop. Thereafter, if there is any damage, you would have to bear the financial losses. You can renew a lapsed policy too but such a renewal would require inspection and the policy would be renewed only after a successful inspection is completed. The premium might also be hiked on such own damage car insurance renewals. If, however, you do not renew your policy within 90 days from the date of lapse, the accumulated no claim bonus would be lost.

  2. What is the rate of depreciation for IDV calculation?

    The rate of depreciation for calculating the IDV depends on the age of the car. It is as follows –

    Age of the car

    Rate of depreciation applicable 

    Up to 6 months


    More than 6 months but less than a year


    More than a year but less than 2 years


    More than 2 years but less than 3 years


    More than 3 years but less than 4 years


    More than 4 years but less than 5 years


    For vehicles aged 5 years and more, the IDV is decided mutually between the insurance company and the policyholder. 

  3. Can my own damage car insurance claim get rejected?

    Yes, your claim insurance claim might get rejected for several reasons. For example, if the claim is made for an excluded cost, it would be rejected. Similarly, if there is a chance of fraud or if the claim process is not followed correctly, the claim would get rejected. Claims are also rejected if your policy has lapsed.

  4. Is own damage car insurance cover more expensive than third party cover?

    Yes, it is. The reason is that the own damage cover allows a wider scope of coverage than a third party cover. Moreover, the premium for own damage car insurance cover is determined by the insurance company and varies across insured while third party premiums are fixed by the Insurance Regulatory and Development Authority and are the same across insurers.

  5. What are deductibles?

    Deductibles are a portion of claims that are not payable by the insurance company but by you. In own damage car insurance policies, there is a compulsory deductible which is to be paid in case of every claim. Moreover, there is a voluntary deductible too which is optional. If you choose this deductible and opt to pay a part of the claim out of pocket, you can earn a premium discount.

What is the Black Fungus all about?

While India struggles hard to deal with the ravaging second wave of Covid-19, there are reports of a spate in cases of black fungus-a rare infection, among the people who have recovered or are recovering from Covid-19. Dr VP Pandey, head of the hospital’s department of medicine, recently told BBC that the “Black Fungus infection is becoming almost as challenging as the pandemic. Unless patients get immediate and proper treatment, the mortality rate can go as high as 94%.” 

What is Black Fungus and how is it caused?

Black Fungus, Mucormycosis, is an infection that is caused due to exposure to fungi known as micromycetes. Micromycetes occur commonly in the environment, such as in soil, leaves, decaying fruits and vegetables, animal dung and compost. They enter the human body while breathing or through exposed skin wounds and can affect the sinuses, the lungs and the brain. 

Black Fungus or Mucormycosis is not a contagious disease, many people who come in the fungi’s contact may not even develop the infection. Nevertheless, people who have a weak immune system are at more risk of this disease. It can be life-threatening for people who are Covid positive, diabetic or are cancer patients or people with HIV/Aids. 

Who is at risk of developing Black Fungus?

Black Fungus is a rare disease, however, there are certain groups of people who are more at risk of this deadly disease than others. People with medical problems or those who take medicines that can lower the body’s strength to battle with germs are considered to be more vulnerable This includes people who have:

  • Cancer
  • Covid -19 patients, or those who have recently recovered (treated with steroids/ anti-inflammatory medicines)
  • Diabetes
  • Skin injuries
  • HIV
  • Organ transplant
  • Have recently had a surgery

Can Black Fungus be prevented?

Following the below-mentioned guidelines can help in preventing black fungus:

  1. Try to stay indoors as much as possible
  2. Exercise regularly, stay active
  3. Keep your home/ surroundings free from dust and dampness
  4. Maintain good oral and nasal hygiene
  5. When going out of your home wear an N-95 mask
  6. Wear a mask when visiting dusty areas/construction sites/ open grounds
  7. Wear shoes, pants, long sleeves shirts and gloves when working in the garden or gardening or working with soil, manure or moss
  8. Take scrub baths, maintain personal hygiene
  9. Control your diabetes
  10. After treatment Covid-19 treatment, keep monitoring your blood glucose
  11. Try and decrease the use of steroids
  12. Discontinue the use of immunomodulating drugs
  13. Stay well hydrated 

Post recovery of Covid, if a patient has facial pain, stuffy nose, facial pain, bloody nasal discharge or any other symptoms (mentioned below), medical help should be taken immediately. 

What are the conditions that appear due to Black Fungus?

Patients who suffer from black fungus mostly have a stuffy or bleeding nose along with swelling and pain in and around the eyes followed by drooping of eyelids and blurred vision which is followed by loss by loss of vision.

There are certain warning signs such as Mucormycosis: 

  1. Pain along with redness around the nose, eyes
  2. Fever
  3. Cough and cold
  4. Headache
  5. Bloody vomits
  6. A change in the mental status
  7. Shortness of breath

Apart from these, Mucormycosis also has the following symptoms:

  1. Nasal blockage or congestion
  2. Toothache
  3. Blurred or double vision with pain 
  4. Blackish/ bloody discharge from the nose
  5. Pain in the cheekbone, facial pain on one side of the nose
  6. Discolouration over the bridge of the nose
  7. Tooth becoming loose
  8. Necrosis, skin lesion
  9. Pain in the chest
  10. A deterioration in the respiratory and lung function

Doctors say most of the patients arrive late when they are on the verge of losing their eyesight. At this stage, their eyes have to be removed surgically so that the infection can be stopped from reaching the brain. Some people have also lost vision in both their eyes. In some cases, the jaw bone of the patients had to be removed to stop the spread of infection. 

What is the relationship between Covid-19 and Black Fungus?

Mucormycosis can happen post-Covid infection. It could be days after hospital discharge or even during the stay at the hospital. Due to Covid, there is damage caused to the patient’s blood vessels and airway mucosa, which can bring an increase in the serum iron that facilitates the fungus to grow. Steroid medicines raise blood sugar levels. Antibiotics that are broad-spectrum wipe out the pathogenic bacteria and protective commensals. 

Sometimes long-term on the ventilator can reduce the patient’s immunity as it has been speculated that the fungus is transmitted by water in the humidifier that is given with the oxygen. All these conditions make it an easy ground for a mucormycosis infection.

How can Black Fungus be treated?

It may be possible to treat black fungus with antifungals. However, a patient could also require surgery at any point in time. Dr Pandey also said that more than 80% of the patients need surgery immediately. 

According to doctors, it is very important to keep diabetes under control, reduce the use of steroids and stop the use of immunomodulating drugs. For maintaining an adequate system of hydration in the lungs, the treatment may start with an infusion of regular saline. This may eventually lead to an infusion of drugs such as amphotericin B as well as antifungal therapy, for a period of a minimum of 4 to 6 weeks.

Doctors have also emphasised the need of controlling hyperglycemia and monitoring the glucose level in the blood especially after taking Covid-19 treatment. Judicious use of steroids, at the right time and inadequate doses, is essential. 

What is White Fungus?

Cases of white fungus are also being reported. Considered to be as fatal as black fungus, the white fungus spreads to different parts of the body and causes severe damage to the lungs, brain, skin and mouth. It generally develops in the private parts or the tongue and then spreads to the different body parts such as the lungs, food pipes and brain. Here is a look at the common symptoms:

  1. Cough
  2. Fever
  3. Diarrhoea
  4. Dark spots on the lungs
  5. Decrease in oxygen level
  6. Skin lesions
  7. White patches in the mouth

Following the tips given below can help in preventing white fungus:

  1. Maintaining a healthy immune system enables the body to fight such infections
  2. Keep your surroundings clean and dust-free

So far, the white fungus was regarded to be an infection that could be cured by common medicines. However, in the recently reported cases, this kind of fungal infection has shown damage that was not seen earlier. Delay in the treatment can make matters worse. 

What is Yellow Fungus?

Also called mucor septic, the yellow fungus causes infection. The main cause behind the growth of the yellow fungus is poor hygiene. Stale food is also a reason behind the growth of fungus. Yellow fungus is different from white and black fungus as it starts internally. It causes leakage of pus and causes delayed healing of wounds. Yellow fungus arises within the body and thus, the diagnosis and treatment often get delayed. This delay can even lead to an organ failure in some patients.
The symptoms of yellow fungus are as follows:

  1. Feeling lethargic
  2. Low appetite
  3. Sunken eyes
  4. Sudden weight loss

Protection from yellow fungus may be possible through the following measures:

  1. It is important to follow good hygiene habits
  2. Keep your surroundings clean
  3. Each fresh and home-cooked food
  4. Do not keep stale food inside the house
  5. Maintaining low humidity can also help prevent fungus formation

The Bottom Line

Black, White and Yellow Fungi are rare but serious fungal infections. The infection is lethal, and it is imperative that early diagnosis and prompt treatment is made available to the patient. People must keep themselves aware and seek only trusted information and healthcare services. Only together can we improve the situation and win this battle against Covid and these deadly fungi. 


How safe is the Covid Vaccine? Can you spread Covid if you are vaccinated?

With the availability of the COVID 19 vaccines, there is a general sense of relief. Though still a very long way to go, people have begun to see a faint light at the end of the dark tunnel. The vaccines promise to offer protection from the deadly virus which has claimed thousands and thousands of lives all across the world, with India being one of the worst-hit countries. India has two very effective COVID vaccines currently – Covishield and Covaxin. While Covishield is the globally used AstraZeneca-Oxford vaccine, Covaxin is an Indian product that is created in India by an Indian company. Both the vaccines are considered to be very safe and have the WHO approval. 

Safety worries related to the COVID vaccines

A vast majority of the people have come forward to get themselves vaccinated. However, a silent fear lurks in the mind of many people regarding the safety of the COVID vaccines. Thankfully though, these worries are baseless as the WHO has ensured that every vaccine being used is safe and tested extensively to ensure maximum protection. According to the WHO, every vaccine has been tested several times, on a large group of people of different age groups, ethnicities, genders and with health conditions. Covishield and Covaxin both have WHO’s approval, so it can be said that they are very safe to use.

Who should not take the COVID vaccines? 

While the WHO clearly states that the vaccines are safe for practically everyone, it does mention that certain people must take certain precautions before taking the jab. These include pregnant women, nursing mothers, people with severe allergies and HIV positive people.

Social interactions after getting vaccinated

But how safe and effective is the vaccine from preventing the spread of the coronavirus? As per the experts, the vaccine cannot exactly stop the virus from entering the body. The role of the vaccine is to strengthen the immunity system to an extent where the vaccinated person will not get affected by the virus. In other words, the severity of COVID, if injected, will be very low or marginal and the patient will not require hospitalisation or any other form of emergency care. 

This is why you should limit social gatherings even after receiving your vaccine if you are unsure of the vaccination status of all the other people around you.

Can I spread the vaccine to fully vaccinated people? 

But what happens if you are fully vaccinated and you interact with a small batch of people who too are fully vaccinated? In that case, the safety is much higher. It may be possible for you to interact with those people without wearing your mask. However, to do so, you must be one hundred per cent sure about what is meant by “fully vaccinated”. A person is deemed fully vaccinated two weeks after he receives his second vaccine dose. Remember, you won’t be considered to be fully vaccinated the moment you take your second shot!

Silent attack

A very important point to remember here is that you can silently get affected by COVID 19 after you get vaccinated. As stated, the virus is still capable of entering your body and infecting you. You may be completely non-symptomatic and unaware of the presence of the illness. However, the virus will keep spreading as you will be an active patient, shedding the virus. The virus, even if it spreads and circulates in vaccinated people, will retain the capacity to mutate. This is tremendously dangerous, as vaccines may not be powerful against the mutant COVID viruses. So in order to ensure you don’t play a role in this, you need to wear your mask, sanitize your hands and maintain social distancing till the time the WHO confirms the end of the pandemic.

Efficacy of the COVID vaccines in India

Another safety concern that many people have is regarding the efficacy levels of the COVID vaccines available in India. Covishield, which is the AstraZeneca-Oxford vaccine, has an efficacy of 82% after the administration of both doses. It has an efficacy of 76% after the administration of a single dose. Covaxin, on the other hand, has an efficacy of 78% after the administration of both doses.

The bottom line

After keeping all the points mentioned above in mind, it can be said that the COVID vaccines are very safe. You should therefore not hold yourself back from getting vaccinated. However, even after getting vaccinated, you won’t be 100 per cent protected against the virus. You may still get a mild version of the infection, and more importantly, you may spread the virus to others. It is thus a good idea to practice the usual pandemic norms of masking up, sanitizing hands and surfaces and maintaining social distancing and stay as safe as possible from COVID 19.


  1. Safety of COVID-19 Vaccines (
  2. Fully vaccinated against COVID-19? So, what can you safely do? – Harvard Health Blog – Harvard Health Publishing
  3. After COVID-19 vaccination: Is it OK to visit with friends and loved ones? – Mayo Clinic
  4. Can a covid-vaccinated person still spread the coronavirus? (
  5. COVID-19 Vaccine AstraZeneca confirms 100% protection against severe disease, hospitalisation and death in the primary analysis of Phase III trials
  6. Bharat Biotech Says Covaxin Shows 78% Efficacy Against Mild To Severe COVID-19 (