Types Of Insurance

Insurance

A fundamental principle of insurance is to put you in the same financial condition after the loss or injury as you were before it. The aim of all insurance companies is to compensate the owner against loss arising from a variety of risks, which he anticipates, to his life, property and business. All insurance contracts are based on the information provided by the insured in the proposal form.

Types Of Insurance Available :

· 1. Auto Insurance

o Two Wheeler Insurance

o Car Insurance

o Commercial Vehicle Insurance

· 2. Commercial Inurance

o Agriculture Insurance

o Fire Insurance

o Industrial Insurance

o Marine Insurance

o Shop Insurance

· 3. Home Insurance

· 4. Life Insurance

o Accident Insurance

§ NRI Accident Insurance

§ Personal Accident Insurance

o Health Care Insurance

§ Medical Insurance

§ Critical Illness Insurance

· 5. Travel Insurance

With the opening of the insurance sector by the government, private players are giving stiff competition to the public sector players, making them provide better services and new products to the customers.