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Best Insurance Policy in India

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.

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Best Insurance Policy in India

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  1. Best Insurance Policy in India

  2. Insurance is one of the prerequisites needed to ensure one’s 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 one’s 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 one’s 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.

  3. 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.

  4. 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 person’s 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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