Type of Insurance
Health Insurance Policies ensure you and your family remains protected in the case of sudden hospitalization due to any illness by providing Cashless Treatment and Reimbursement facility at the hospital..
Travel insurance is a type of insurance that covers the costs and losses associated with traveling. It is useful protection for those traveling domestically or abroad.
It's very important to have home insurance whether you are living in a one-room house or a luxurious mansion. Home is the only place that is closest to your heart and it should be your prime duty to secure your nest in the best way you can.
Life insurance is a contract with between an individual and an insurance company, in which the insurance company provides financial security in return for regular payments(known as premiums)to the insurance company.
A car insurance policy is a type of insurance that offers comprehensive insurance protection for insured vehicle in case of damages due to natural and man-made calamities. Car insurance online helps you to insure your car in a hassle-free manner.
A Personal Accident Insurance is essential for everyone, irrespective of their age, occupation, and health. You should ideally buy this plan as soon as you start working. Even after taking extensive precautions, accidents do occur.
Health Insurance Policies ensure you and your family remains protected in the case of sudden hospitalization due to any illness by providing Cashless Treatment and Reimbursement facility at the hospital. A Medical Insurance policy reimburses the insured person against any unforeseen medical issues and surgical expenses that could arises out of an illness leading to sudden hospitalization. Therefore, it′s must to secure the health of your family with the best health insurance plan suitable as per your requirements and budget. Along with health and medical benefits, taxpayers who are paying insurance premium for self or for their family can save up to Rs 1,00,000 under section 80D of Income Tax Act, 1961.
Medical expenses are sky-rocketing! Get health insurance plans for your medical outlay. With a cashless facility, stay tension-free. Approved by IRDAI, Policy Bazaar helps you compare and find the best health plan.
A car insurance policy is a type of insurance that offers comprehensive insurance protection for insured vehicle in case of damages due to natural and man-made calamities. Car insurance online helps you to insure your car in a hassle-free manner.
It is mandatory to buy car insurance in India irrespective of the vehicle type, i.e. personal or commercial vehicle. Moreover, the premium amount of your car insurance is decided based on the Insured Declared Value or IDV of the vehicle. If you increase the IDV, the premium rises and if you lower it, the premium reduces.
It is important for any policyholder to compare various car insurance options before going for car insurance renewal or buying a new policy. Compare various insurance plans online on Policybazaar and buy the one that fulfills your insurance expectations hassle-free:
Simply put, a travel insurance plan offers coverage against all possible travel and medical emergencies while travelling within India or abroad. A travel insurance plan can be procured from any general insurance company in India and can be customised according to the destination and the type of trip to be undertaken. Travel insurance plans also carry varying cover for medical expenses, as per the country to where the travel is being done.
Benefits of travel insurance plans -
Life insurance is a contract with between an individual and an insurance company, in which the insurance company provides financial security in return for regular payments(known as premiums)to the insurance company. In case of the policyholder′s death or if the policy matures, the insurance company shall pay a lumpsum to the individual after a period of time or to their family, on basis of the contract Typically, this type of policy is chosen based on your needs and goals.
What is Life Insurance Policy?
A life insurance policy is an agreement between an insurance company & a policyholder that offers financial coverage under which the insurance company guarantees to pay a certain amount to the nominated beneficiary in the unfortunate event of the insured person demise during the term of life insurance plans. In exchange, the policyholder agrees to pay a predefined amount of money as premium either on a regular basis or as a single premium. If covered by the policy, coverage will be provided for critical illness as well.
It′s very important to have home insurance whether you are living in a one-room house or a luxurious mansion. Home is the only place that is closest to your heart and it should be your prime duty to secure your nest in the best way you can. The best home insurance in India can acts as the savior in your bad time protecting you against all the perils that could put your home at risk. Given that disasters don′t come with a prior notice and it can cost you more than you can imagine, it would be a wise decision to safeguard your house with a home insurance policy in India. A comprehensive home insurance policy can cover the cost of the contents and structure of the house. Most of the home insurance plans in India generally provide coverage against floods, earthquake, cyclone and storm and can also cover the cost of alternative accommodation, if you have made use of one in case your home gets damaged.
Investment plans
In the financial industry, there are two concepts that form the basis of most transactional activities. One is savings and the other is investments. There is a huge difference between the two concepts when it comes to execution.
Investment in terms of financial context, means any money that is spent today in the hope of financial benefits that may be reaped in a future time frame. Any investment is the act of buying or creating assets with an expectation that the same would yield interest earnings or dividend or capital appreciation or any other return that is profitable as compared to the money put in initially. Almost all investments are differentiated from other kinds of transactions based on the aim of the money spent. Money spent on making investments is primarily with the aim of obtaining some sort of return in a specific period of time.
Types of Investment plans
Child plan is a mix of investment and insurance that usually aids in financial planning for kids′ future needs and requirements at the right age. You can protect and secure the future of your child with child insurance plans encompassing child insurance plan.
Pension plan or retirement plan are a type of investment plan, which helps you to accumulate a part of your savings over a long-term period so that you can have a secured financial future.
Tax Saving Investments are an integral part of one′s life as they offer tax deduction under section 80C or 80CCC. Taking into account, the importance of these investments, people frequently wish to invest.