General insurance or non-life insurance policies, including homeowner’s policies and SME insurance, provide payments depending on the loss from a particular financial event. General insurance is typically defined as any insurance that is not determined to be life insurance. It is called property and casualty insurance in many countries too.
Travel Insurance :
Covers financial liability, for any loss incurred when you travel within or beyond the Indian territories. Such exigencies may arise due to medical or non-medical reasons. The duration of the travel for one time can be 180 days at the maximum. The policyholder can take more than one trip in a year. It covers:
- Loss of Baggage
- Loss of Passport
- Hijacking
- Medical Emergencies
- Delayed Flights
- Accidental Deaths
- Adventure Sports
Home Insurance :
You build is your labour of love. It needs to be protected. A Home Insurance Policy protects your valuables and you need a comprehensive package policy that covers all valuables. It gives protection for Home against Burglary, Loss/Damage of Jewellery, Fire and Natural Disasters.
Commercial / SME Insurance :
The lines of insurance products that insulate your business operations are categorized under the Commercial Lines of Insurance. Type of the insurance covers that one can buy may include:
- Property Insurance
- Engineering Insurance
- Liability Insurance
- Marine Insurance
- Employees Benefit Insurance
- Business Interruption
Depending on the line of business, risk exposure, and the money involved, the insurance can vary for each industry or business. For example; insurance that is specific to fashion and apparel needs intellectual property and stock insurance, whereas a company into mining needs accidental and group health covers.
