Health Insurance / MediClaim Policy:
A Health Insurance or a MediClaim policy is a Financial safety shield that protects your hard earned money in case of hospitalization due to any medical emergency. It also comes with several benefits such as paying your medical bills including pre and post-hospitalization expenses and providing you tax benefits..
A few features of MediClaim Policies that varies in all the Insurance Companies:
Cashless facility at network hospitals / Reimbursement post payment done by policy holder
Online Claim Registration
Free Health Check up in most of the Companies on Renewal
Restore Benefit
Day Care Treatment Benefits And much more…
Car Insurance:
A Car Insurance policy helps you save money in case of accident or any type of damage by any natural calamity. It also covers your vehicle against theft and burglary. Apart from it, following are few covers that come.
Third-party Liabilities: In case of an accident with your car, you are bound to compensate for the damages caused. Your Car Insurance Policy will take care of the liabilities.
Personal Accidents: A Car Insurance Policy compensates for a Permanent disability arising due to a Car accident. The Car Insurance plan can also have cover for you and occupants for accidental death and Permanent Total or Partial Disability (loss of limb) in case of accident of a car.
Mandatory By Law: For a Car Owner, it is mandatory to have a minimum of a Third-party Car Insurance according to the Motor Vehicles Act; failing, which is an offence
Add-on Covers: One can get benefits of add-on covers such as Zero Depreciation, Consumables, Road Side Assistance, Engine Protection, etc. at the time of purchase or Renewal of Car Insurance
A few features of Car Insurance Policies that varies in all the Insurance Companies:
Cashless facility at network garages Online
Claim Registration
No Claim Bonus
Property Insurance:
Property Insurance can help the Property owner avoid Financial losses, which might occur due to damage caused to the Property by natural Calamities, Theft, Fire etc.
Property Insurance Plans are designed uniquely with affordable Premiums. Many Lenders in India have made Property Insurance mandatory for those seeking to finance their House.
Along with the outside Structure of the Property, one can also opt for Home Content cover.
Workmen Compensation Insurance:
Workmen or Employee’s Compensation Insurance policy covers the legal liability of the Employers under the Employee’s Compensation Act 1923 (and subsequent Amendment’s) and Fatal Accident Act 1855. Despite the preventive measures and safety precautions, accidents at workplace are inevitable. The Workmen Compensation policy helps the Employer to pay the Compensation to the Employees or for their family in case of death / temporary disability / permanent partial / total disability caused due to injury and accident at workplace (including certain occupational disease) arising out of and in the course of employment.
Personal Accidental Insurance:
A Personal Accidental Insurance Policy provides Monetary compensation in the events of disability or death caused solely by accidental, violent, visible and external events. The covers and benefits differ between Insurance Companies; hence, one should purchase a policy which meets requirements.
Critical Illness Insurance Cover:
Critical Illness Insurance Cover pays a lump sum amount, equal to the um Insured, to the Insured on acquiring a serious ailment such as Cancer, Heart Attack, stroke, etc. It provides a lump sum benefit to pay of the cost of treatment and care, recuperation expense and even pay off the debt if taken. There are various plans that covers one or more illness such as Kidney stone, Heart disease, Cancer, Heart transplant, Coronary bypass surgery, Angioplasty, Paralysis, etc.