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4 Different Types of Insurance Policies

This PPT discusses some of the different types of insurance policies, their benefits, advantages as well as when you should buy them. It also talks about the coverage offered by each one of the different types of insurance policies. For more details visit https://www.libertyinsurance.in/two-wheeler-insurance

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4 Different Types of Insurance Policies

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  1. 4 Different Types of Insurance Policies Liberty General Insurance

  2. Introduction In the modern world, buying good insurance plans or policies is essential for those who want to live a safe, secure and anxiety free life. Insurance policies with a wide coverage can shield you from the financial setbacks caused by unexpected mishaps. Some of the most prominent types of insurance policies that people should buy have been listed in the following slides.

  3. Life Insurance This is a type of insurance that is taken out by people to provide for the financial needs of their family and loved ones after their death. A substantial sum of money is given by the insurance company to the surviving family members of the deceased person to compensate for any loss of income caused by the person’s death.

  4. Health Insurance This is the type of insurance policy that helps individuals cover the cost of medical care such as hospitalization, surgical procedures, ambulatory charges, recovery, etc. The rising cost of medical care in the modern world has made buying health insurance a necessity. Such a policy will ensure that you can avail the best medical treatment without having to worry about money.

  5. Two Wheeler Insurance This type of insurance policy must be bought as soon as you have purchased a motorbike or a scooter. Having two wheeler insurance is a legal requirement in India. Such a policy will cover the cost of medical treatment for the owner as well as mechanical repairs for the vehicle, in case of an accident. Any third party liabilities will also be met by the insurance company.

  6. Commercial Insurance This is the insurance policy that you should buy if you own a business or company. It provides coverage for potential losses that a business might incur through unforeseen circumstances such as accidents, mishaps, theft, etc. If for some reason business is interrupted or employees of the company are injured at work, then a good commercial insurance policy will cover that too.

  7. The Best Insurance Company Liberty Videocon is one of the most reputed and reliable insurance companies in India. It provides easy claims, quick settlements and online insurance renewal facilities. It offers the best health, commercial and two wheeler insurance policies with the widest coverage and the most reasonable premiums.

  8. Contact Us Address: 10th Floor, Tower A, Peninsula Business Park, Ganpatrao Kadam Marg, Lower Parel, Mumbai – 400013 Boardline: 022-6700-1313 Fax: 022-6700-1606​ Toll Free No: 1800-266-5844 Email:care@libertyvideocon.com Website:https://www.libertyinsurance.in/ Facebook: http://www.facebook.com/libertyvideocon Twitter:http://www.twitter.com/LibertyVideocon Google+:https://plus.google.com/+LibertyvideoconIndia

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