Numerous insurance companies offer a wide range of general insurance plans that include motor insurance, travel insurance, health insurance, mediclaim, home insurance, and others. These policies offer you security against your valuable assets. For instance, a home insurance policy will protect you against theft, burglary, fire, damage by natural calamities, etc. Listed-below is the types of general insurance and the top general insurance companies in India. Have a look.
Most insurers offer health insurance policies that cover the medical expenses of the insured person in exchange for policy premium. Below-cited is what a health insurance policy covers primarily:
A motor insurance policy covers all damages/liabilities to the insured vehicle against several on/off-road emergencies. There are two types of motor insurance policies:
Below-cited is the coverage provided by a motor insurance policy:
Kindly note that as per law, it is mandatory to at least have third party insurance for your vehicle. Only then you are allowed to drive on Indian roads, otherwise, you may end up paying hefty penalties.
General insurance companies have designed travel insurance online policies exclusively for travellers. There could be some unpredictable situations like flight cancellation, passport/luggage loss, medical emergencies for which travel insurance offers you coverage and ensures you a hassle-free trip. Below-cited is the types of travel insurance policies:
Home insurance plans are devised by general insurance companies to compensate against fire, theft, or natural calamities. Many times, a small fire could damage your house, or a robbery could make you fall into trouble. However, if you have a home insurance policy, you will get compensation against those situations.
There are a plethora of insurance companies in India offering different types of general insurance policies. Listed-below is the top 10 for the coming year: