LIFE INSURANCE
Life insurance provides financial security to the policyholder’s family or beneficiaries in case of unfortunate death.
Types of Life Insurance:
Term Insurance:
Provides coverage for a fixed period and offers high protection at a low premium.
Whole Life Insurance:
Offers coverage for the entire lifetime of the policyholder.
Child Plans:
Designed to secure a child’s future by combining insurance with savings for education and other needs.
Retirement Plans:
Ensures a regular income after retirement and financial stability in old age.
GENERAL INSURANCE
Motor Insurance
Third-Party Insurance:
Mandatory by law, it covers damages or injury caused to a third party in an accident.
Comprehensive Insurance:
Covers both your vehicle (damage, theft, fire) and third-party liabilities.
Own Damage Insurance:
Covers only the damage caused to your own vehicle.
Other Types of General Insurance
Health Insurance:
Covers medical expenses during illness or accidents.
Travel Insurance:
Provides coverage for medical emergencies, baggage loss, and other issues during travel.
Home Insurance:
Protects your home against risks like fire, theft, and natural disasters.
