General Insurance
Insuring about anything, except human life is known as general insurance. It helps us protect the things we value the most, like our cars, homes and other such valuables. It significantly differs from a life insurance policy, as Life Insurance is a long-term policy and General Insurance is particularly based on per-year renewal. And all the risks that aren’t included in a Life Insurance are covered in the plans of a General Insurance.
General insurance is a contract where the particular company provides you with the particular amount, as promised. It comprises personal insurance like accident, liability insurance, which includes all the legal liabilities, property insurance that are against burglary or fire, and Health Insurance.
The concept of a General Insurance may be alien to many, which is why they fail to see why it is essential to have a General Insurance. Some reasons for equipping yourself with General Insurance are:
After understanding what is a General Insurance, as offered in India, it is crucial to be aware of the different types of General Insurance and when you might need them. Different categories of General Insurance:
A Life Insurance Policy covers the expenses of your family when you are not around. On the other hand, a general policy helps you to lead a risk-free life. After clearing the concept of General Insurance we also need to know what are the benefits of General Insurance? The benefits of General Insurance are:
For more information, Fix an appointment
Risk Factors – Investments in Mutual Funds are subject to Market Risks. Read all scheme related documents carefully before investing. Mutual Fund Schemes do not assure or guarantee any returns. Past performances of any Mutual Fund Scheme may or may not be sustained in future. There is no guarantee that the investment objective of any suggested scheme shall be achieved. All existing and prospective investors are advised to check and evaluate the Exit loads and other cost structure (TER) applicable at the time of making the investment before finalizing on any investment decision for Mutual Funds schemes. We deal in Regular Plans only for Mutual Fund Schemes and earn a Trailing Commission on client investments. Disclosure For Commission earnings is made to clients at the time of investments. Option of Direct Plan for every Mutual Fund Scheme is available to investors offering advantage of lower expense ratio. We are not entitled to earn any commission on Direct plans. Hence we do not deal in Direct Plans.
WhatsApp us