General Insurance
Insurance other than ‘Life Insurance’ falls under the category of General Insurance. General Insurance comprises of insurance of property against fire, burglary etc, personal insurance such as Accident and Health Insurance, and home insurance ,and travel insurance. There are also other covers such as liabilities insurance for professionals, credit insurance etc.Non-life insurance companies have products that cover property against Fire and allied perils, flood storm and inundation, earthquake and so on. There are products that cover property against burglary, theft etc
1. PERSONAL ACCIDENT INSURANCE
Personal insurance covers include policies for Accident etc. Products offering Personal Accident cover are benefit policies. Accident insurance policies are available for individuals as well as groups. A group could be a group of employees of an organization or holders of credit cards or deposit holders in a bank etc. Normally when a group is covered, insurers offer group discounts
Plans Available-
- Apollo Munich - Individual Personal Accidental Insurance
- Bajaj GIC – Personal Guard
- ICICI Lombard – Personal Accident Insurance
- Star Health – Accident Care Insurance
Home insurance, also commonly called hazard insurance or homeowner's insurance, is the type of property insurance that covers private homes. It is an insurance policy that combines various personal insurance protections, which can include losses occurring to one's home, its contents, loss of its use (additional living expenses), or loss of other personal possessions of the homeowner, as well as liability insurance for accidents that may happen at the home or at the hands of the homeowner within the policy territory. It requires that at least one of the named insureds occupies the home. The dwelling policy (DP) is similar, but used for residences which don't qualify for various reasons, such as vacancy/non-occupancy, seasonal/secondary residence, or age.
Plans Available-
3.TRAVEL INSURANCE
Travel insurance is insurance that is intended to cover medical expenses, financial default of travel suppliers, and other losses incurred while traveling, either within one's own country, or internationally. Temporary travel insurance can usually be arranged at the time of the booking of a trip to cover exactly the duration of that trip, or a "multi-trip" policy can cover an unlimited number of trips within a set time frame. Coverage varies, and can be purchased to include higher risk items
Plans Available-
- Apollo Munich – Easy Travel Insurance
- Bajaj GIC – Travel Insurance
- ICICI Lombard – Travel Insurance
- Star Health – Travel Protect
