Insurance
About Insurance
Insurance is a highly misunderstood product and it’s often bought and sold for the wrong reasons. At the same time it’s a very important part of your life and you must know certain ground rules for making the right decisions in this year. Many of us consider insurance just another investment for tax saving. Our day-to-day life is full of unpredictable risks for example loss of life, loss of income, critical illness, disability etc. Insurance planning means figuring out adequate cover against “insurable risks” and getting the maximum out of the premium you pay. Tax exemption is just another aspect of it.
Life Insurance
Life Insurance is a contract by which you can protect yourself against specific losses by paying a premium over a period of time. Since each one of us, during our lives are faced with numerous risks – failing health, financial losses, accidents and even fatalities, our instinct drives us to cover ourselves against those risks. Though an insurance cover can’t protect you against the emotional losses arising out of these risks, it softens the economic crisis that usually accompanies these losses.
Simply put, life brings with it many surprises, both pleasant and unpleasant. By taking a Life Insurance Plan one can ensure that he / she is better prepared to face uncertainties in number of ways.
General Insurance
General Insurance or Non-life Insurance policies is a practical option for every person who would like to live a risk-free life. Risk is associated with everything and so, it is important to secure all the things that we own and that security is provided by insurance. General insurance covers insurance policies fire, marine, motor, accident and other miscellaneous non-life insurance.
The tangible assets are susceptible to damages and a need to protect the economic value of the assets is needed. For this purpose, general insurance products are bought as they provide protection against unforeseeable contingencies like damage and loss of the asset. Like life insurance, general insurance products come at a price in the form of premium.
Types of General Insurance
Health Insurance
» Individual and Group- Ordinary and Floater health Insurance Policy.
» Cash free hospitalization in more than 1400 hospitals across India.
» Reimbursement of expenses during Pre- Hospitalisation and Post- Hospitalisation stages of treatment.
Personal Accident
An accident can happen at any time. And it could leave you with permanent harm or temporary disability, both of which could affect your life and your family.
Motor Insurance
» Protection from a financial loss arising out of loss or damage to your vehicle.
» Protection from liability towards third parties for personal injury.
» Protection death and property damage on account of any accident involving your vehicle.
» Cash Less and Hassle free Claim procedure.
Home Insurance
Home insurance policy is designed to cover various risks and contingencies faced by home ownersand Safeguard the structure and contents of your home against natural calamities and human misintents. Get a comprehensive coverage for the lowest premium rate.