Health insurance is a valid contract between an insurance company (insurer) and the policyholder (insured) enforceable in the court of law. An amount of protection towards treatment expenses is payable for illness or accident in the Hospital / Day care centre to the insured by the insurer. These treatment expenses can be claimed either by a cashless facility or reimbursement process.
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Life Insurance can be defined as a contract between an insurance policy holder and an insurance company, where the insurer promises to pay a sum of money in exchange for a premium, upon the death of an insured person or after a set period.
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Travel insurance is coverage designed to protect against risks and financial losses that could happen while traveling. The risks range from minor inconveniences such as missed airline connections and delayed luggage all the way to more serious issues including injuries or major illness.
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Motor insurance is a unique insurance policy meant for vehicle owners to protect them from incurring any financial losses that may arise due to damage or theft of the vehicle. Whether you have a private car, a commercial vehicle, or a two-wheeler, you can purchase a motor insurance policy.
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