Achha Kiya Insurace Liya

What is Achha Kiya Insurace Liya?

‘Achha Kiya Insurance Liya’ is an insurance awareness campaign started by the General Insurance Council of India (GIC) to financially secure the entire country. It aims to inform and educate all citizens about the importance of insurance in their day-to-day lives. It also highlights how insurance can help protect their hard-earned savings during accidents, medical emergencies or unforeseen circumstances.

The General Insurance Council of India aims to insure all Indians by 2047. The Achha Kiya Insurance Liya initiative helps GIC realize this vision by bursting common myths and highlighting the benefits of buying insurance. It also educates people on how to buy insurance policies and file claims.

Why Should You Buy Insurance?

Here are some of the reasons why buying insurance is a good idea:

1. Safeguards Hard-Earned Savings

   Buying insurance for yourself, your car, bike, or other assets can protect your hard-earned savings from getting exhausted. Whether you fall sick, meet with a car accident or your house is damaged in an earthquake, it incurs a cost that can be massive in some cases. With insurance, your insurer will take care of all expenses, preserving your savings. Moreover, cashless services at hospitals and garages make the claim process easier, with the claims being approved in a couple of hours.

2. Rescues You During Tough Times

   Life keeps throwing difficult situations every now and then. No matter how tough the circumstances are, your insurance company will come to your rescue. So, if your bike is damaged in an accident, you are diagnosed with a chronic disease, or your house has been burgled, your insurance company will compensate you for your losses, allowing you to resonate with millions saying 'Achha Kiya Insurance Liya'.

3. Financial Saviour in Emergencies

   When an unforeseen circumstance, like an emergency hospitalization, car accident or flight cancellation, occurs, it can cause physical and financial discomfort. If you have an insurance policy, your insurer arrives as your financial saviour in these emergency situations, allowing you to focus on getting better and managing other related issues.

4. Timely Assistance

   Insurance companies have a dedicated customer support team that ensures timely emergency assistance to you and your family in times of need. Whether your car has a flat tyre or you have met with an accident, your insurer will be available for assistance round the clock so that you can proudly say Achha Kiya Insurance Liya.

Types of Insurance to Buy

Check out the various types of general insurance plans you can buy:

Health Insurance

Health insurance covers medical and hospitalization expenses incurred by the insured during emergency or planned treatments. It provides coverage to people of all ages and pays a lump sum amount if the insured is diagnosed with a critical illness. 

Key Benefits:

• Coverage for maternity expenses, OPD treatments, ambulance charges, surgeries, etc. are available
• Cashless hospitalization is available
• Restoration of the sum insured is available
• Cumulative bonus is granted on every claim-free year
• Tax benefits under Section 80D are available

Motor Insurance

Motor insurance covers the damages or losses sustained by the insured car, bike, or commercial vehicle in case of accidents, theft, fire and natural or manmade calamities. It also covers third party damages or losses caused by the insured vehicle and is mandatory as per the Motor Vehicles Act, 1988. 

Key Benefits:

• Vehicle damages or losses resulting from accidents, fire or natural/manmade disasters are covered
• Coverage for third party losses or damages are available
• Compensation for vehicle theft is available
• Third party insurance is mandatory by the law
• Cashless repairs at network garages are available

Travel Insurance

Travel insurance provides coverage for any emergencies faced during your trip, such as trip cancellations, flight delays, loss or damage of checked-in baggage, loss of passport, etc. It also pays for any overseas medical emergencies faced during the trip and compensates for accidental death and disability. 

Key Benefits:

• Coverage for overseas hospitalization, passport loss and baggage loss/delay are available
• Medical evacuation and repatriation, trip cancellation and flight delays are covered
• Accidental death & disability and personal liability cover are available
• Pre-existing diseases are covered
• Cashless hospitalization is available

Home Insurance

Home insurance protects your house against loss or damage due to natural/manmade disasters, fire and theft. It provides coverage for the contents of the house, such as jewellery, paintings, valuables, etc., along with the structure of the house. Besides, home insurance is available for homeowners as well as tenants.

Key Benefits:

• Coverage against theft, fire or damages/losses due to natural disasters are available
• Compensates for the structure and the contents of the house, such as jewellery, valuables, etc.
• Available for homeowners and tenants