Other Insurance

While life insurance and health insurance plans are common knowledge, there is other insurance that people may not be aware of. They cover specific risks in their areas with a range of benefits. Some of these other insurance include travel insurance, home insurance, and corporate insurance.

Individuals
Sr. Citizens
Students

Plans for an individual of 30 years age travelling to USA for 15 days

A. Travel insurance

When you are making your vacation plans do not forget one vital aspect! Travel insurance is today the need of the hour. Whether you travel international or within the country, out of home signify FOREIGN GROUND. So, keep yourself, your family, and your luggage protected against any eventuality.

Travel insurance includes Domestic Insurance, International Insurance, Student Insurance, Senior Citizen Insurance, and Family Insurance.

Key features include:

Cover for trip cancellation, delays
Cover four lost, delayed luggage or passport
Out/in patient hospitalization coverage
Contingency cover for personal possessions
Accident cover against death/permanent disability

However, there are certain exclusions to travel insurance too that you should know about. Insurers don\'t cover you against missed or delayed flights during riots, war conditions, or natural disasters. Also, you won\'t get any compensation for hospitalization related to pre-existing diseases.

B. Corporate Insurance

Insecurity, risk, and uncertainty are incidental in Corporate Sector. So, the best you can do for your organization and the employees is to avail the facility of corporate insurance. These are ideal for SMEs, Big Enterprises, and Medium Range Companies. Different types include,

Asset & Property Insurance: Fire Insurance, Shop Owner\'s Plan, Office Package, & Burglary Insurance
Group Health Insurance, Group Travel Insurance, Accident Insurance, & Life Insurance
Employee Benefits: Group Gratuity Plans, Key Man Plans, & Group Term Plans
Others: Marine Insurance, Liability Insurance, Officers And Directors Liability Insurance, & Doctors Indemnity Insurance

Benefits associated with corporate are the following,

Remain protected against unforeseen loss
Diffuse risk by spreading amidst all
Risk transfer to insurer improves credit standing
Optimally use and invest capital with insurance to take care of emergencies

C. Home Insurance

Secure your property from natural and man-made calamity with a sturdy HOME INSURANCE.

Such policies give protection against,

Damage by man-made or natural agents
Burglary or breakage in house
Damage & break down of gadgets or appliances
Loss of baggage during travel
Robbery or theft of valuables
Injury, permanent disability, or death
Damage through acts of terrorism
Public liability
Injury/death of workers
Post rental damage
Rent loss through damage

Coverage amounts generally depend on the reinstatement value of your property or on the current value in the market. However, when buying home insurance you should also know about the related exclusions. Such plans do not cover damage due to nuclear explosion, radioactive contamination, invasion, military activity, or acts of war.

Not sure, which is the best cover or insurer for your needs? Why don't you contact us at 1-800-103-3999 or write to us at enquiry@policybazaar.com.