Types of Insurance | best insurance policy for you

Types of Insurance | best insurance policy for you



We are all familiar with the term insurance. Today, different types of insurance policies have come into the market. Some of it you will be familiar with and some you will not know about. Here we are telling you about some popular insurance policies available in the market.
Types of Insurance | best insurance policy for you 


We are all familiar with the term insurance. Today, different types of insurance policies have come into the market. Some of it you will be familiar with and some you will not know about. Here we are telling you about some popular insurance policies available in the market.



Travel insurance


In recent times, travel insurance or travel insurance policy is becoming increasingly popular. Many people go abroad, so they are motivated to buy travel insurance policy. Travel insurance is also available for small or big travel in the country. In this, you get a cover of 10 lakh rupees for a modest amount of 1 rupees when traveling by train. Baggage and travel insurance is available when traveling by airplane. It is optional. You can make a choice in this. Travel insurance provides the facility of natural disaster, baggage theft or loss of baggage, any medical need during travel.



Auto insurance



It is mandatory for all people who use a two-wheeler or a car to get their vehicle insured. A vehicle cannot be driven without vehicle insurance. Auto insurance includes not only the vehicle but also third party insurance. It also compensates for the loss of a third person in the accident.



health insurance



Health insurance is very important in today's era. It is very useful for you in an emergency. Medical treatment is becoming more expensive today, in such a situation, getting health insurance is a sensible task. However, you have to keep in mind that the benefit of insurance policy is available only in those hospitals which are associated with the policy. There are health insurance plans in the market that provide insurance cover to all your family members. You get health care for your entire family. Some banks offer a discount of 5% on the premium for the next year.



Home insurance



For a normal middle class person, the house is like a dream. He builds a house by accumulating the entire capital of his life. In such a situation, if the house is damaged in any disaster or accident, then the hard work of his whole life is wasted. Therefore, home insurance is very important. Especially in areas where the chances of natural disasters like earthquake and flood are very high. Home insurance policy covers all natural and man-made disasters such as fire, earthquake, astounding lightning, flood, riot, strike, malicious damage, theft, terrorism etc. For the items inside the house, the prices of all your items inside the house such as furniture, clothes, kitchenware, jewelry etc. are fixed at the market price. Usually your home is insured and not the items inside it.



Life insurance



This insurance policy is the most popular in India. There will be very few people who do not have a life insurance policy. Life insurance is a protection against the financial loss caused by the death or accident of a policy holder. The insurance company promises to pay a fixed sum at the end of a certain period or upon the death of the person holding the policy. A person who wants the protection of life insurance has to pay the premium to the insurance provider at monthly, quarterly or annual level.

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1 comments:

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16 September 2019 at 13:23 delete

You have shared a nice article here about the insurance policy. Your article is very informative and nicely describes the different types of insurance policies. Thank you for sharing this article here. Health insurance Tampa

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