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General insurance Plan

A general insurance secures your valuable possessions from any unforeseeable mishaps. Be it your home, vehicle or jewellery or any other assets, a general insurance ensures that they are always safe and protected from any natural disasters, theft or accidents. Depending upon the asset you need insured, there are several types of general insurance available in the market provided by both banks, NBFCs and independent insurance companies.

Types of General Insurance Policies

The best general insurance products are as follows:

  • Motor Insurance.

    Motor insurance is available for two-wheelers, cars, and commercial vehicles. The advantages are cashless garages, roadside assistance and personal accident cover. Motor insurance includes a third-party insurance policy and a comprehensive insurance policy.

  • Health Insurance.

    Health insurance covers the cost of healthcare and surgical costs for you. The health insurance includes cashless facilities, pre and post hospitalization costs, ambulance charges, everyday cash and so on.

  • Travel Insurance

    Travel insurance covers all medical and non-medical issues. It protects the insured person against all mishaps during travelling.

  • Mobile Insurance

    This general insurance type is created to reimburse for mobile repairs. The mobile insurance is reasonable and easily available. The best part is you can buy mobile insurance for both new and old mobile phones.

  • Rural Insurance

    It helps in meeting the requirements of rural business and agriculture. Also, IRDA has pre-defined the annual targets for all the insurance companies to provide insurance to all the social and rural sectors.

  • Marine Insurance

    Shipping businesses do the import and export of goods, through national and international borders. But sometimes, accidents can damage the shipments and cause financial losses. Marine cargo insurance covers goods, freight and cargo against every loss during the transit.

  • Commercial Insurance

    This general insurance types include solutions for small, medium and large industries that may run out of business operations. It includes construction, aviation, automotive, foods and beverages, chemicals, oil and gas, power, telecom, pharmaceuticals, technology, textiles, transport, logistics, and so on.

Types of Life Insurance

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Types of Life Insurance

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