Will my existing insurance policy suffice or will I have to take a new policy? —Bhushan JunejaA standard home insurance policy defines sum assured as the reinstatement cost of constructing the building. You need to pay a proportionate premium for the increased sum assured and the unexpired policy period. If I want to renew the own damage part after a few years, will I still get the no-claim bonus? A specialist health insurance company had refused to issue a health insurance policy to me then.

Source: Mint February 19, 2017 12:08 UTC