Insurance is a means of protection from financial loss. It is a form of risk management primarily used to hedge against the risk of a contingent, uncertain loss. The amount of money to be charged for a certain amount of insurance coverage is called the premium.
Motor insurance is a mandatory insurance cover that every vehicle owner in India must-have. Be it a car, truck, tractor or two-wheeler, every vehicle should be secured under an insurance policy of its own. Its main objective is to give complete protection against physical damage or loss sustained by the insured vehicle from natural and man-made calamities along with any third-party liabilities arising out of the insured vehicle.
Travel insurance is a unique product that offers you financial help in case something were to go wrong while you’re travelling. It covers a range of scenarios, including medical and dental emergencies, theft of your money or passport loss, flight cancellation and misplaced or lost luggage.