What is IDV in Motor Insurance and How Is It Calculated?

 This article explains what IDV (Insured Declared Value) means in motor insurance, how it is calculated using IRDAI’s depreciation schedule and why choosing the right IDV affects both your annual premium and your claim payout. Covers cars and two-wheelers. Takes about 5 minutes to read.  IDV – Insured Declared Value – is the number that …

Credit Score Dropped Suddenly? Here’s What You Might Be Missing

If you’re wondering ‘why my CIBIL score is decreasing’ or ‘why my credit score is decreasing’, the answer is simple; your score doesn’t drop randomly. It usually happens due to changes in your credit behavior like high usage, missed payments, multiple loan applications, or even errors in your credit report. Even if it feels like my credit score dropped for no reason, there is always …