Highlights of Fire Insurance:
It Covers all tangible assets like factory building, plant and machinery, stocks, offices, shops, hotels, dwelling(residential) building and stocks, coverages to name a few are fire, lightning, landslide, rockslide, shortcircuit etc.
Highlights of Marine Insurance:
This insurance covers all goods in transit right from costly machines to commodities like sugar, foodgrains etc. Commodities conveyed by road, rail, ships, aeroplanes and like can be covered. coverage ranges from theft, pilferange, non-delevery, damages sustained during transit.
Highlights of Household Insurance:
This is a comprehensive insurance for all Household needs, fire, theft, breakdown of costly gadgets, personal accident, misfortune to valuables, public liability.
Highlights of Shopkeepers Insurance:
This is complete package insurance for shopkeepers whose total sum insured is up to Rs. 10 Lakhs for building and stock. It covers risk of fire, natural perils, theft by forcible means money in transit, plate glass, fidelity guarantee etc. It also covers loss of profit due to operation of insured peril under section I.
Highlights of Burglary Insurance:
This insurance covers losses due to theft by forcible entry into insured premises, police report and survey is compulsory.
Highlights Vehicle Insurance:
This insurance is widely popular and also minimum third party insurance is compulsory as per motor Vehicle act. The comprehensive cover is package policy. Package policy covers all external damages due to insured peril and also theft. Mechanical breakdown, manufacturing defects are outside the scope of the policy. Depreciation as per age of vehicle is applicable.
Highlights of Mediclaim Insurance:
This insurance is very popular in the west. The cost of medication is going up so much that this insurance is the best alternative by paying a small premium. This insurance covers hospitalization due to accident/disease as specified in the prospectus. Minimum 24 hrs. hospitalization is compulsory except form certain rate treatments cataract chemotherapy. Pre-exiting diseases are not covered. Thirty days prior and sixty days treatment after hospitalization are also payable in addition to hospital bills.
Highlights of Personal Accident Insurance:
This insurance is one of the best and cheapest. It is recommended for all and sundry. It covers at minimum death and at maximum temporary total disability. Temporary total disability means weekly benefit at a specified rate for the period one is absent from one's work or business. The coverage is round-the-clock and worldwide.