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What is insurance? |
What a pain!
- Your mortgager/ lender requires that you carry fire and other peril coverages for your property, home or shop.
- Your auto lender requires that you carry physical damage cover.
- Law requires you to carry automobile liability
- Inflation and rising medical cause require you to go for health insurance.
Fire, Flood or Lightning
Accident or Illness
Disaster
Accident to Vehicle
Death
The Solution:Insurance
Insurance is the protection of the people against specific perils:Fire, Flood, Lightning & Natural Disaster:
Fire and Special Perils Policy, Shopkeeper Policy, Householder Policy
Accident or Illness:
Health and Personal Accident Policy
Accident to Vehicle:
Vehicle Insurance Policy
Death:
Term Insurance Policy
Benefit of Insurance
Benefits provided to individuals / families / business and society are:- Indemnifying the loss
- Reducing uncertainty
- Promoting loss control
- Providing support for credit
- Satisfactory business requirements
- Using resources efficiently
- Satisfying legal requirements
- Providing a source of investment fund and reducing social burdens
Blogs
Things that you Need to Know for Buying the Health Insurance Policy...
There is one famous quote “People loses their health to make wealth and then loses all their wealth to regain health”. This indicates that health and wealth dwell side-by-side. Possession of good he...
Get ready for TheFreedomStory Contest from Cover360...
The contest is over now. It’s time to Win Gift Vouchers worth Rs. 1000 Cover360 is coming your way with a big #TheFreedomStory Contest that will make your Independence Day all the more special. ...
The Procedure of Filing a Health Insurance Claim...
If you have coverage with a health insurance plans in India, then there are two methods to place a claim namely • Cashless Hospitalization • Non-cashless hospitalization Cashless or Planned Hospit...
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