Best Insurance Policy in India - PowerPoint PPT Presentation

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Best Insurance Policy in India

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Insurance policies come in a wide variety of shapes and sizes. Learn about the policies that you must have, to get protection against insured perils. – PowerPoint PPT presentation

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Title: Best Insurance Policy in India


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Best Insurance Policy in India
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  • Insurance is one of the prerequisites needed to
    ensure ones financial security. Available in
    the form of life and general insurance
    plans/policies, each plan is intended for a
    different purpose. Comprising a gamut of
    different policies, it occupies a significant
    position in the lives of people across the world.
  • While protection for ones life is known to
    financially protect a person against the risk of
    death the latter protects him/her against the
    risks associated with the damage/destruction of
    non-life objects e.g. car, home etc. Finding the
    best insurance policy in India depends on ones
    requirement and budget. It is easy to compare the
    different policies online from different portals.
  • General insurance is known to be a broad umbrella
    term that encompasses different types of policies.

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Health Insurance
  • Known to refer to an agreement between an
    individual and a particular provider whereby
    coverage is provided, there are many different
    plans that are aimed at different ages.

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Car Insurance
  • These plans refer to the financial protection of
    the vehicle against the loss due to theft or
    traffic collisions. It provided financial
    protection against physical damage/bodily injury
    and liability that may arise.

5
Travel Insurance
  • These covers provide financial protection and
    coverage for a persons medical expenses, health,
    trip interruption, trip cancellation loss of
    baggage, passport or other travel related
    problems. While there are many inclusions for
    these policies there are also many different
    exclusions for which there is no protection.

6
Home Insurance
  • Also known as homeowner or hazard plan, it is a
    type of property insurance that covers a private
    residence against any uncertainties, mishaps or
    damages.

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