As per Motor Vehicles Act, 1988 it is mandatory for every owner of a vehicle plying on public roads, to take an insurance policy, to cover the amount, which the owner become legally liable to pay as damages to third parties as a result of accidental death, bodily injury or damage to property.
Health policy is a policy that ensures that you get cashless treatment or expense reimbursement, in case you fall ill. It is contract between a General Insurance company and one, which considers expenses incurred when availing treatment.
Accidental Insurance is a policy that cover a person against any accidental injury or death.
Home Insurance policy provides cover for your home and belongings, it which includes: cover for fire & allied perils and Burglary includes theft and larceny under one policy. Covers Structure & household contents.
Insurance taken out to cover the cost of damage caused by fire and Natural perils.