Health insurance is the insurance which protects from any health emergencies & incurred
hospitalization expenses. In this busy and hectic life everybody should have a health
insurance policy which can be very useful in emergencies. Health insurance also
known as mediclaim policy means medical policy which have the same meaning. Why
Mediclaim policy needed?
- Every human suffers from some illness or injury in lifetime.
- Emergencies or illness can come anytime without giving any warning.
- There are no good facilities in government hospitals whereas private hospitals are
- Doctor’s fees, diagnostic charges as well as the medicines value are too expensive.
Health is wealth.
When should we take mediclaim policy?
Young age, yes this is the right reply for this question because the premium tends
to increases with the age and insurance companies gives “no claim bonus” for every
year in which no claim is taken against insurance policy. Also this policy also
comes with tax benefit of 80D of income tax.
Motor Insurance or vehicle Insurance is all about protecting against financial losses
arising out of vehicle usage. With the multifold rise in usage of four wheelers,
motor Insurance is also termed as Car Insurance or Auto Insurance. Auto Insurance
is one of the most common types of general insurance products.
Car Insurance is mandatory by law and protects you and the people riding in your
car from any legal claim or penalty made by a third party. Family members who may
drive you car can also be covered through auto insurance. Your car insurance policy
is the most important document in your vehicle. Along with comprehensive coverage
against physical damage, bodily injury and cover againts third-party liability,
your motor insurance brings to you confidence and peace of mind. All this is backed
by our superior claims servicing capability and fast settlement record for vehicles
insured by us.
A health insurance plan that covers critical illness means you can insure yourself
against the risk of serious illness in much the same way as you insure your car
and your house. It will give you the same security of knowing that a guaranteed
cash amount will be paid if the unexpected happens and you are diagnosed with a
Personal Accident Insurance Policy gives complete financial protection against all
accidental occurrences that might lead to death or bodily injury of the insured
person. If the accident leads to the untimely death of the Insured, this Policy
will provide complete financial security to the Insured's family members.
A Personal Accident Insurance policy covers you against death, permanent disability,
permanent partial disability, and temporary total disability. For death and permanent
disability - its pays you the total sum insured and for temporary disability it
pays you a weekly compensation of around 1% of Sum Insured per week, for 52 weeks.
Standard Fire and Special Perils Policy
This is a package insurance which covers the following set of perils:
- Explosion / Implosion
- Aircraft damage
- Riot, Strike, Malicious damage (RSMD Perils)
- Storm, Tempest, Flood, Inundation, Hurricane,Cyclone, Typhoon and Tornado. (STFI)
- Impact by any Rail/ Road vehicle or animal belonging to third parties
- Subsidence / Landslide including rockslide.
- Bursting and / or overflowing of water tanks, apparatus.
- Leakage form Automatic Sprinkler Installation. Missile Testing Operation.
- Pollution or contamination resulting from any of the above perils
- Any insured peril resulting from pollution and contamination.
- Bush Fire
Now you can travel overseas with your loved ones and without worries. Things may
go wrong during your trip even after assiduous planning, for certain reasons that
are beyond our reach. Let travel insurance from General insurance accompany the
worries so that you can concentrate on rejuvenate. Catering to people from all walks
Burglary Insurance policy covers property contained in business premises, stocks
owned, or for which insured is responsible or held in trust and/or commission. It
also covers cash, valuables, securities kept in a locked safe or cash box in locked
steel cupboard on specific request.
What does this Policy cover?
This Burglary Insurance covers loss or damage caused by:-
- Burglary and Theft (i.e. theft following upon an actual forcible and violent entry
of and / or exit from the premises)
In respect of contents of offices, warehouses, shops, etc. and cash in safe or strong
room and also damage caused to the premises