GENERAL INSURANCE BLOG

Several state and national highways link India's vast geography. The country's roadways network stretches over 5 million kilometres while consistently increasing and is one of the largest roadway networks globally.

This vastly interconnected system is financed by the Indian Government that collects a sum of taxes from the citizens for the regular maintenance of the roads. Therefore, it is integral for every citizen to pay their taxes on time for the smooth functioning of the roadway system.

What is Road Tax?
When purchasing a vehicle, an individual must pay the base manufacturing price and a few extra charges. These additional charges typically include registration fees, relevant motor insurance, and a motor or Road Tax. The road tax is a sum of money paid while purchasing a vehicle in the state or country. The tax differs in all states as it is subjected to different tax structures and clauses.
A certain amount of road or toll tax is levied on vehicles using the state or national highways. These taxes differ according to state regulations, highway distance, and other relevant factors.

Who determines the Road Tax?
These Government bodies typically determine the road tax:

1. The state government levies the state vat tax, toll tax, annual or lifetime motor vehicles tax, and passenger and goods tax.

2. The Central Government levies the GST, customs duty, central excise, central sales tax, and other additional charges depending on the vehicle category.

Who has to pay the Road Tax?
While purchasing a vehicle, motor insurance is not the only cost that the individual must incur. The road tax is a compulsory tax that the individual must pay while purchasing a new vehicle. In India, this tax is charged on both private and commercial vehicles. Every individual who purchases motorised vehicles such as bikes or scooters, cars, auto-rickshaws, or even buses and trucks, needs to pay the tax irrespective of the vehicle's size.
Although the vehicle's manufacturing cost price primarily determines this tax, it is typically calculated considering other factors such as the motor or engine capacity, seating capacity, weight, and cost price. Thus, the road tax paid by every individual differs based on the vehicle as well as the state of purchase.

When and Where to pay the Road Tax?
An individual must pay the road tax for a vehicle during its registration. Depending on the state's mandate, the tax can be paid with flexibility, either one-shot payment or in yearly instalments. The vehicle owners may choose to pay the tax offline or online as per their convenience. If one is shifting their residence to another state, they need to re-register their car in the RTO of the new state and then repay the road tax.
To sum up, paying the road tax is an essential duty of every vehicle owner as a responsible citizen to help contribute and maintain the country's roadway network. However, being responsible for your vehicle's safety is equally important, and you can achieve this by purchasing a motor insurance plan that offers complete protection to your valuable asset.

Click HERE to know more about motor insurance.

Disclaimer: The information provided above is for illustrative purposes only. To get more details, please refer to policy wordings and prospectus before purchasing a policy.

Memory loss is a prevalent problem among the elderly and a usual complaint from their caretakers. The good news is there are straightforward strategies to boost memory that aren't costly or tedious. Just as exercise helps your physical health, brain exercises develop your mind, enhancing your memory and reasoning abilities. Here are some measures you may take to retain and even upgrade memory.

Everyone fails to remember things periodically. Yet, loss of memory is not something to be neglected. However, there are no assurances for avoiding memory loss or dementia, but some activities could be surprisingly beneficial. Consider these seven easy strategies to strengthen your memory and know when to seek treatment for Alzheimer's disease.

1. Beauty sleep:
Sleep causes brain changes that help to cement memories. It also improves brain cell connections and aids in transmitting information from short to long-term memory. This implies that fresh memories made by older people are more likely to stick with them. Sound sleep can even help elevate mood and nourish the brain to perform to the best of its ability.

2. Maintain a social life:
Studies have demonstrated that social interaction is critical for the elderly's mental health and remembrance. Enjoying time with family and friends and attending activities may aid in the maintenance and improvement of cognitive processes.

3. Reduced sitting and increased movement:
According to several studies, seniors who participate in physical activities receive significantly greater oxygen to the brain. In addition, there is an increase in blood flow to regions of the brain linked with increased memory, which results in changes in mental health to fruitful levels. Increasing age demands constant physical movement to build an active lifestyle.

4. Better meals:
Modifying a veteran's nutrition to include foods rich in protein and unsaturated fats, such as fruits, vegetables, nuts, etc., can lower cholesterol levels. This reduces the risk of memory problems and heart attacks by preventing blood vessels from being blocked. Proper diet plays a crucial role in maintaining overall health and ensuring physical well-being.

5. Take a sensory exam:
Although this may seem clinical and unusual, sensory testing is a friendly approach to ensure that the brain is supple and robust. A sensory test creates new neural connections in the brain while also replenishing existing ones.

6. Carry out brain workout:
Learning new abilities such as playing an instrument, engaging in a pastime that requires hand-eye coordination, conducting memory exercises, and even doing arithmetic in your mind, has been shown to increase cognitive function and recollection.

7. Discover a new interest:
Numerous institutions and senior centres provide interesting, low-cost talks and workshops for seniors. Whether it's learning a new cuisine or honing your computer abilities, continuous education is a sure method to remain sharp.

Consult a doctor if you're concerned about your parents' memory loss, which can interfere with their ability to accomplish typical daily tasks. They will probably perform a medical examination and cognition and problem-solving abilities tests. Having insurance always comes in handy. Look for the best health insurance in India for parents and invest in one to make their life after retirement healthy.

Get the best health insurance in India for parents HERE.

Disclaimer: The information provided above is for illustrative purposes only. To get more details, please refer to policy wordings and prospectus before purchasing a policy.

We often tend to take our health for granted at a young age. This is because in its young days, our body maintains stamina even if we may not properly care for it. But as we approach middle age, we realise how the stress and hustle of daily life make us neglect our health.

As we continue carrying the stress and burden of responsibilities on our shoulders, we forget that neglecting our health can be detrimental. It can be challenging to pay attention and recognise an illness before it has already done harm. Here are a few signs to look out for that indicate declining health conditions in aging adults.

1. Insomnia:
Adults deal with loads of responsibilities and stress daily. As hard as they work during the day, it can become just as hard to get a good night's sleep. Insomnia or sleepless nights can reflect a person's mental or physical stress, change in hormones, or fluctuating nutritional values that should be looked into before they worsen.

2. Deteriorating nutrition:
We are aware of how vital undertaking regular blood check-ups is. Adults should regularly get blood check-ups since they do not pay much attention to acquiring a nutritious diet. Deteriorating nutrition can cause a fluctuation in the body's levels of vitamins and minerals, which can lead to several health issues like weakness, loss of stamina and energy, etc.

3. Fragile bones:
As we grow older, our bones go through a lot of wear and tear. The ability to recover from broken bones and fractures drastically reduces for adults as they have lower bone density than children. Regular joint pain and fragile bones can indicate the onset of chronic conditions like arthritis, osteoporosis, etc.

4. Increasing comorbidities:
Comorbidities such as hypertension, diabetes, high cholesterol start to affect adults as they approach their late 40s. Securing a health insurance policy for family can help you ensure family safety in case of emergencies. However, maintaining your health by exercising, walking, taking vitamin supplements, etc., is essential to control these comorbidities.

5. Memory loss:
Brain function may be affected as we grow older and forget a few menial things. However, it becomes concerning when adults start to forget essential information like directions, identity, or recipes. Memory loss can indicate severe health conditions like dementia and Alzheimer's. Therefore, it is better to trace these early enough to treat these conditions right.

6. Digestion issues:
The most common thing that aging adults deal with is gut-health issues. Digestion can be affected by lifestyle choices, non-nutritional eating habits, genetic problems, etc. Chronic conditions like irritable bowel syndrome, diverticulitis, hemorrhoids, and gallstones usually begin when digestive issues are not resolved in time.

These are a few signs that point towards a deterioration in an adult's health conditions. While many individuals understand the importance of investing in health insurance for family and themselves, some face an uncertain future without it. A reliable health insurance policy for family acts as a backup plan that secures the health and safety of our loved ones, especially after entering into a specific age.

Click HERE to understand more about the different health insurance plans for you and your family.

Disclaimer: The information provided above is for illustrative purposes only. To get more details, please refer to policy wordings and prospectus before purchasing a policy.

A sports bike provides riders with an exhilarating and adventurous experience. Several high-quality sporty bikes have recently entered the market, each with its own unique set of features. In addition, sports bikes have a more upright riding position, long travel suspension, and bigger tank capacity.

Long travel suspension contributes to optimal ground clearance, allowing smoother driving over rugged terrain, which makes it possible for motorcyclists to travel into distant locations with ease. Potholes and roadblocks are no match for their speed and agility.

The following are the ultimate five reasons you should ride a sportbike for touring.

1. Customisation:
A sports bike is more convenient than a regular bike when it comes to touring. Buyers can improve the quality and crash safety of their bikes with the help of after-sale services. Every accessory is protected against rain, snow, and hail with an all-weather coating for added durability.
Helmets and riding clothes can be made just for you. It assists you in planning your outfits for road trips and prepares you for outdoor adventures. By your requirements and the location of the destination, you can select from a variety of tire options available in the market.

2. Enhanced convenience:
Seating comfort is crucial for every motorcycle rider, and many sports bikes offer it. In addition to traction control, an anti-lock braking system and several temperature riding modes make sports bikes equipped with exclusive features that assure riders' convenience. Furthermore, it provides several other technologies that make riding a motorcycle safe and enjoyable for long journeys.
The bikes are developed with practical features such as cruise control and heated seats for added comfort.

3. Serviceability and dependability:
Sportbikes are relatively simple to maintain and repair. The reduced bodywork makes routine maintenance, inspections, engine cleaning, and other vital components easier.
Because these bikes are engineered to withstand gruelling conditions for an extended time, their parts and materials are overbuilt for most types of travel. More than any other bike, their durability quotient is high. They are more powerful and torquey in technology, with designs that are fashionable.

4. Touring experience:
Touring is about more than just your vehicle. It is also essential to have a positive experience. You will undoubtedly meet and engage with other riders. Also, sports bikes have a reputation for igniting conversation with curious locals about your origins and destination.
You get to participate in many chats that will leave you with a slew of pleasant memories. A growing number of individuals are developing an interest in sports bikes. Keep an eye out for activities in your area, and don't be hesitant to drop over with your camping gear if you see one.

5. Greater fuel storage capacity:
It is common for sports bikes to have a bigger tank capacity, between 13 and 20 litres. A larger tank equates to a more excellent range of operation. In addition, it eliminates the need for numerous stops for refuelling when travelling long distances. The fact that petrol stations are far and few when you are travelling makes this feature all the more crucial for your trip!

In a nutshell, sports bikes make it possible to cover vast distances with ease, unmatched speed, and durability. It is well worth purchasing for any lengthy journey because of its design and comfort. Feel the seamless power of the engine revving your heart and exciting the rider in you.

If you have a passion for travelling on two wheels, then a sportbike can help you live your passion to the fullest. However, apart from the fun, you need to prioritise your safety while riding such powerful machines. Ride with proper safety gear and invest in 2 wheeler insurance to safeguard your finances against any damages.

Click HERE to purchase the best 2 wheeler insurance for your sports bike.

Disclaimer: The information provided above is for illustrative purposes only. To get more details, please refer to policy wordings and prospectus before purchasing a policy.