A common question I get asked is: “How much do I need to claim for a basic insurance policy?”

If you’re like most people, the answer to that question is “nothing”.

Basic insurance is just a basic policy and you don’t need any additional coverage beyond what you get for existing insurance.

If you have existing insurance, you’ll still be covered by the policy as it will continue to apply.

Basic insurance covers only what you already have.

The rest of the coverage is optional, depending on your specific circumstances.

Here’s what you’ll need to understand about basic insurance:What is a basic rate?

A basic rate is a monthly premium that you pay for the policy.

It doesn’t include any deductibles or other fees.

How much is it?

If you choose basic, you’re paying for the coverage that is included in the policy (as opposed to a premium).

This is why the cost of basic insurance is usually lower than premium insurance.

For example, if you choose to purchase basic, the minimum monthly premium for a policy with a premium of Rs 2,500 is Rs 2.50.

If, instead, you choose premium insurance, the monthly premium is Rs 5,000.

The basic rate doesn’t change with your income or any other factors.

However, it does change depending on the type of basic policy you choose.

If you have a basic plan, you get basic insurance at no extra cost.

For this type of policy, you pay the same basic rate that you’d pay for premium insurance (see above).

If you’re buying basic, basic insurance has a higher deductibles and the premium is higher.

If your deductible is more than Rs 2 lakh, you may be required to pay a higher premium, say Rs 5 lakh, in order to cover the deductible.

Basic insurance also includes certain additional benefits.

The following are some of these:You may be able to opt for other insurance, too, if the cost is lower, like a basic or premium policy.

Basic is a good choice if you’re looking for a premium policy to cover your basic expenses.

However if you are a first-time buyer, you might not like the idea of paying extra for additional coverage.

If so, you can opt for premium and basic insurance.

You can also get a basic benefit from the government.

The government has subsidised basic insurance for some citizens.

However it is a limited benefit, so you’ll pay higher premiums for the government-subsidised plan.

A premium policy is a standard policy that covers basic expenses like electricity, water, phone and sewerage.

Basic is a more expensive policy, but a standard premium plan is usually cheaper.

You’ll need an extra premium to cover basic expenses as well.

A basic plan is also called a standard rate.

You pay a basic premium.

You can get more premium coverage by buying premium or basic insurance, but you’ll be paying a premium premium.

You’ll need a basic liability policy.

Basic liability is an insurance policy that doesn’t cover anything like a car accident.

You’re not covered if your car is involved in a serious accident.

If the policy covers a car or property, the car or the property is considered a liability.

However there’s no liability if the car is stolen.

If the policy doesn’t pay out the car’s value, you still pay the insurance premium.

If a car is damaged in a traffic accident, the insurance premiums will cover the damage.

The damage will still be considered damage even if the vehicle is not damaged.

If a car gets damaged in an accident, your premium will be refunded.

This happens automatically if you file a claim and the accident is ruled to be accidental.

If it’s not ruled to have been accidental, the premium will only be refundable for the full value of the car, not the damage done to it.

If your car gets stolen, the policy won’t cover the cost.

The insurance premium is not refundable if the thief’s vehicle is recovered.

However the stolen car’s owner will still have to pay the premium for the car and any other damage done.

If there’s damage to your car in an auto accident, you must file a lawsuit against the owner for the damage and the costs of repairing it.

However your insurance will not cover the damages and will only cover the insurance costs of the owner.

If no lawsuit is filed, the property or car is considered the property of the insured and not the car.

If damages are claimed, the insured is liable for the insurance cost of repairing the damaged property.

If there’s an accident in which there’s injury to your vehicle, the damage to the car will also be considered as damage to you.

You may be eligible for compensation for the repair or replacement of the damaged car.

However a claim for compensation is only available after an accident has occurred.

If an accident happens, the insurer will compensate you, and the damage will be deemed the damage you’ve caused.

If an accident occurs