Motor Insurance: Vehicle Insurance or Motor Insurance is similar to any other insurance coverage, except that it is mandatory. It is insurance for all type of vehicles - Motorcycles, cars, jeeps, commercial vehicles and so on. The Government has made motor insurance mandatory for your protection and for the safety of others. A Comprehensive Automobile Insurance Policy covers every imaginable component of the vehicle insured as well as the policy holder's interest. Comprehensive Insurance covers a wide range of issues including third party liability. Third Party Insurance in India is required by the law, this insurance plan in essence safeguard the policyholder's interests from harm caused by the policyholder to property or individuals.
Health Insurance: Health Insurance is a product that provides coverage for medical expenses, offering a safety net for individuals or groups against the high costs of healthcare. Policyholders pay regular premiums and in return, the insurance plan covers various medical services, including hospitalization, surgeries, medication and preventive care. Health Insurance aims to alleviate the financial burden of medical treatments, promoting access to necessary healthcare services and contributing to overall well-being. There are various types of health insurance policies designed specifically to cater to individual requirements a few of them are Individual, family, senior citizen, critical illness, group, top-up, etc. Therefore, you must know what is the Health Insurance properly before buying it. Check the eligibility, criteria, coverage amount, inclusions/ exclusions, etc. It will help you make full use of the policy during medical emergencies.
Cyber Insurance: Cyber Insurance also called as Cyber Liability Insurance or Cyber Security Insurance, covers financial losses that companies have as a result of ransomware attacks, data breaches and other cyber incidents. Cyber insurance coverage can vary based on what the business needs, the types of data the business stores and the type of the business industry. Many cyber policies offer options for first party and third party coverage. First party coverage pays for the businesses direct losses like the costs of recovering data and restoring systems. Third party coverage pays for damage suffered by parties outside the business, like consumers who had their data stolen. Cyber Insurance can also pays for the business interruptions, legal expenses, reputation management, etc.
Doctor's Liability Insurance: Professional Indemnity Insurance for doctors is a type of liability insurance that covers doctors against legal claims arising from their professional services. It protects doctors from the costs of defending themselves in court, paying compensation to patients or settling outside the court. It also covers errors, omissions, negligence, malpractice, breach of confidentiality and loss of documents related to their practice.
Architect's Insurance Policy: An Architect is mostly the final decision maker on the project and is responsible for the planning, designing and implementation of the project. consequently, the Architect is responsible for balancing the needs and demands of the owner, meeting the safety criteria specified by the engineers and complying with all rules and regulations. All this while ensuring that the project is completed on time and within the budget. A project may go wrong on account of incorrect drawing of plans, delay in completion, cost overruns, etc. such errors may result in losses of the clients and ending up facing in the court. These legal expenses are expensive and an Architect Professional Indemnity policy can safeguard and take care of such cases and issues.
Travel Insurance: Travel Insurance is an insurance that provides financial coverage against losses incurred due to unforeseen incidents during a trip. It typically covers your trip itinerary from the day you start to the trips end date. The plan provides financial assistance in situations such as medical emergencies, loss of belongings, loss of documents, trip delays, medical evacuation, etc. Travel Insurance is a financial helmet bought to save you from expenditures which are very high in other countries. Based on the requirement there are domestic, international, student, individual, family and other types of Travel Insurances.
Event Insurance: Event Insurance is an extensive policy that helps you protect your investment from unforeseen losses during the course of the event. Event Insurance is important for any individual or company planning/ hosting an event that requires a significant financial obligation. Event organizers, venue owners, vendors and exhibitors can benefit from event insurance. It is designed in a way to provide financial protection against potential risks such as property damage, liability claims, cancellation or postponement due to unforeseen circumstances like ACT of god, terrorism, illness, personal injury, etc. Event Insurance safeguards the investment and reputation of those involved in organization or participating in an event resulting in peace of mind. Wide range of events like wedding, birthday parties, live concerts, sport events, trade shows, music festivals, community gathering, school/ college functions, etc.
Pet Insurance: A Pet is a part of the family that requires nurture and care just like humans and just like any family members, we want to make sure that they are protected and taken care of. However, unexpected accidents and illnesses can happen and veterinary bills can quickly add up. A Pet Insurance offers protection against these expenses. A Pet Insurance can cover the surgery expenses, hospitalization, terminal diseases, OPD, Third party liability, etc.
