Health insurance, also known as medical insurance. Through this, you can manage expenses for treatment arising from illnesses, diseases, accidents, and other such instances. It also provides for extensive coverage like preventive healthcare, death benefit, etc.

More popularly known as motor insurance, this insurance compensates for loss or damage to vehicles like car, two-wheeler or any commercial vehicle, etc. This insurance helps mitigate monetary harms caused because of damage to the vehicles due to accidents.

Life insurance is a financial security agreement between you and an insurance company. Essentially, in exchange for premium payments, the insurance company will pay a lump sum amount called death benefit to your beneficiaries in case of death.

Health insurance plans designed to manage risk arising due to cancer is termed as Cancer plan. It provides financial support to the policyholder to meet the cost of cancer treatment. No one wants to be affected by cancer, but just by wishing the he should get cured does not work.

We all face the risk of accidents in our day-to-day life. Even though we take precautions, accidents do occur. These accidents may lead to partial or total disability including death. Personal accident policy provides compensation to the insured sustaining injuries, directly from an accident

A shop insurance is an insurance policy meant to cover a shop�s property and its contents within. Policy covers building, contents, money, pedal cycle, signs, baggage, personal accident, fidelity guarantee, liability and business interruption etc. based on the option and coverage needed by the shop owners.

Building Insurance Policy compensates for the damage caused to structure of property, garage, sheds and fences. The policy also includes the cost of replacing items like pipes, cables and drains. The entire cost of rebuilding the house is also included.

Office insurance offers complete coverage for damage that can impact office operations. It not only covers office property, but it also includes loss equipment (buildings and contents insurance) The insurance is usually offered as office package policy to cover the risks arising from various untoward incidents.

Every company has a top executive or an in dividual who is critical to business. The company purchases life insurance policy the life of these people. These policies are known as Keyman Policy. The company is the beneficiary and pays the policy premiums.

Group of people such as employer-employee or a professional group that covers more than one person in a policy is known as Group policy. Advantage of group insurance is that the premiums are low hance the premium per individual is quite low compared to individual insurance,

The employer takes the life insurance policy on lives of selected employees and pays the premium. The employee is the beneficiary of this policy. Such policies are known as Employer-Employee policy. This policy is given with the aim of retaining these employees.

As a parent you have certain dreams for your child. In order to convert one�s dreams into reality you need money. One also needs to ensure that these dreams need to be fulfilled even if the earning parent in not around.

Certain life insurance policies are combination of insurance cover and savings. These policies help you to save regularly over a fixed period of time, so that you get a lump sum amount on policy maturity.

Fire coverage provides safety against sudden damage or destruction to movable and immovable assets due to fire. homes, plant and machinery, equipment, inventory, furnishings and furniture, cables and so forth. are included.

A home insurance is a property insurance policy. This policy covers your own home or rented apartment, and your personal belongings within, from unforeseen circumstances such as burglaries, fires, floods, storms and explosions.

Liability insurance covers losses arising from acts or omissions that are legally deemed to be negligent and which bring about damage to a person, assets, or valid interest of others..

Marine insurance covers the loss or damage brought about to ships, shipment, terminals, and any shipping by using which the assets is transferred, obtained, or held among the points of beginning and the very last destination.

One needs to ensure regular flow of income during there golden days. In order to have a financially stable life, one needs to start saving as early as possible. Pension plans helps you to deal with uncertainties faced during post retirement and also ensures a break free income.

Life insurance policy which has only risk cover is know as Term Life Insurance. Premiums of Term plans are reasonably low and it does not have any maturity value. But in case of demise of the policyholder nominee gets the sum assured.

Travel Insurance is a type of insurance that covers different risks while travelling. It covers medical expenses, lost luggage, flight cancellations, and other losses that a traveler can incur while travelling. Travel Insurance is also available for trips taken in the home country

Life insurance plans that offer risk cover along with market returns are called Unit Linked Insurance Plans (ULIP). In ULIP, part of the premium is deducted for risk cover while the balance premium amount is invested in market linked securities like money market, equity and debt.

As the name suggests plans which have maturity age as 100 years are termed as whole life insurance. Whole life insurance is a financial security plan mostly bought to create Legacy for family. If the insured survives past 100 years, then matured endowment coverage is provided to the insured as a maturity benefit.