Insurance

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Types of Insurance

Life insurance is a contract that pledges payment of an amount to the person assured (or his nominee) on the happening of the event insured against.

Being a car owner proves your financial independence, puts you in a refined league of your peers and wins you some much-needed brownie points with the family.

A travel insurance plan can be procured from any general insurance company in India and can be customised according to the destination and the type of trip to be undertaken.

Health insurance is usually included in the benefits offered by an employer to the employees of an organization. However, the extent of coverage under such a policy may be limited. So, it is advisable to buy a separate health insurance policy for extended coverage.