In today’s fast paced lives that we live and in a race to excel in everything, we forget one of the most important asset we own I.e our health. Due to various habits & changing lifestyles, health related concerns have just become increasingly alarming. We may not be able to go back and slow down the pace of our lives, but can definitely guard ourselves from its side effects. Here’s when an efficient health cover comes handy so that any sudden illness doesn’t derail our financial freedom.
Medical assistance comes with a price tag, such that people are forced to sell of their assets or rely on borrowers to meet the expenses. Such unforeseen events can be easily dealt with a strong health insurance plans. So guard your finances by opting for complete protection for you & your family by getting adequate health cover as per your requirements.
Life is uncertain & immeasurable. Accidents & uneventful incidents never ring a warning bell before they strike. Road mishaps, accidents have gone up tremendously & the victims along with their families suffer the consequences of the such unfortunate situation. Alarming statistics report about 1214 road related death that occur in India every year; this should be an eye opener on the perils an individual is exposed daily.
While minor accidents can cause temporary hurdles, major ones can lead to disability for life or even demise. With a view to providing certain relief, insurance companies have devised various policies that serve as true life savers when met with an unfortunate circumstance.
Complete health protection for your family against expensive treatment costs
Auto insurance policy is mandatory for vehicle owners as per Indian Motor Vehicles Act 1988. This Plan is designed to give coverage for losses which insured might incur in case his gets stolen or damaged. The amount of Auto insurance premium is decided based on the Insured Declared Value of a car. The premium will increase, if you raise the IDV limit and vice versa.
Why do I need to insure my vehicle?
Auto insurance is mandatory for all vehicles that ply on roads-like car, trucks, etc. The prime objective of this type of insurance is to provide complete protection & coverage on physical damage or loss from man-made & natural disasters. According to Indian Motor Act 1988, an auto insurance policy is mandatory for every automobile owner in the country. Hence, purchasing an auto insurance is not just a necessity, it is mandatory by law.
Key Features of Auto Insurance
1) Policy protection against loss or damage to the covered vehicle
2) Coverage against financial liability caused due to injury or death of a third party or damage to the property.
3) Personal Accident Coverage.
4) Auto Insurance protects you for the below mentioned damages, should they occur:-