This category of Insurance virtually covers all forms of Insurance except Life and helps us protect ourselves and the things we value. Unlike Life Insurance Policies, the tenure of General Insurance Policy is normally annual and renewable.
It is a known fact that recently the Fire Hazards are on the rise. To make sure you do not lose everything when a Fire Strikes, it is necessary to have an insurance for the same. This Insurance only covers the damages caused by a Fire to your House and/or Business. It does not include any damage caused by Natural Heating, Spontaneous Burning or a Fire without ignition.
Burglary Insurance also referred to as Crime Insurance, is opted for when someone wants to safeguard their belongings, at Home or at Office, from any form of Theft, Attempted Theft or Break-in into the said Property. This Insurance covers the Property Damage & Financial Losses that may arise from the same.
An insurance on your money may sound conceited, but big businessmen often have large sums of money either in their house safes or in transit. You may be carrying huge sums of money to the bank, post office, office or any other place where the money is needed. There is always a fear of robbery or theft during such a conveyance and burglary at homes, as you may have read in the local newspaper several times. Money Insurance helps to protect your hard-earned money. As it is said "Better late than Never"
Fidelity Guarantee Policy helps cover financial loss suffered by the Insured as a result of fraud/dishonesty by the employees of the insured. The Policy pays the actual financial loss sustained as a result of the dishonest/ fraudulent act of the employee. The amount payable under the policy is subject to adjustments against any salary, commission, security deposit or any other money standing to the credit of the fraudulent employee. The loss is payable up to the limit specified for the employee.
This policy is specially designed to give financial protection to the Civil Engineering Contractors in the event of an accident to the civil engineering works that are under construction. The policy can be taken by The Principal, The Contractor or The Sub-Contractor, jointly or separately. The period of insurance should be equivalent to the period of the contract.
The construction business, involving the building of structures, roads, factories, and bridges, are large scale projects. The Businesses in this industry make use of heavy machinery and equipment to undertake a multitude of construction jobs. If anything were to happen to these equipments and machineries, all parties involved would suffer, causing inconvenience all around. A Contractor’s Plant and Machinery Insurance provides cover for such associated exigencies.
Machinery breakdown insurance, developed from traditional property insurance, especially covers sudden and unanticipated loss of machinery and equipment that are installed and have already run in factories and mines, and such loss is caused by human, accidental or physical reasons when machinery and equipment are in operation.
This Insurance provides a Cover For All Types Of Risks Involved In The Erection Of Machinery, Plant And Steel Structures of any kind, as well third-party claims in respect of property damage or bodily-injury arising in connection with the execution of an erection project.
You work hard to buy a vehicle to enjoy its ride for business or personal needs. However, an unfortunate incident can cause heavy damage. The cost of repairing or replacing its parts it will be high; hence it is important to have a Vehicle Insurance in place for providing complete care to your vehicle.
We have two types of vehicle insurance products -Third party cover and a Comprehensive insurance plan. It may be confusing to choose the best plan, but if you ask us its features and benefits then you can select the best policy easily.
The Workmen's Compensation Insurance Policy provides for a legal liability to cover for your employees bodily injury or death caused due to accidents / occupational diseases arising out of and in course of employment.
It is the primary method by which an employer can demonstrate the ability to satisfy the obligations imposed by the worker's compensation statutes. It is compensation payable under a scheme set out in the Workmen's Compensation Act of India, monitored by the Ministry of Labour.
The keeper’s keeper, customers and consumer goods, sales and store timings, profit and loss; with so many things to look after, it’s easy to forget what matters the most - you. With Future Generali's "Business Suraksha for Shopkeeper" you not only protect your shop and everything in it, you also protect yourself. Here's to a business without worries.
Group Personal Accident (GPA) Insurance Policy provides compensation in the event of death or disability of an insured employee directly due to accident. This policy is basically designed to offer some sort of compensation to the insured person who suffers bodily injury solely as a result of an accident which is external, violent and visible. Hence death or injury due to any illness or disease is not covered by the policy.
Life and health are not that easy to maintain given our hectic schedules and daily lives. However, the burden of bearing the medical costs should any kind of illness was to come up, can be too huge for a person to bear all at once. Our mediclaim policy provides coverage for a group of people, and helps them minimalize their costs for safeguarding their health. Other than this, Group Mediclaim Policy can also be used as business insurance cover which offers coverage for advanced surgeries and other advanced procedures that require hospitalization for less than 24-hours.
Business is no longer constrained by borders and goods are shipped around the world. It's very crucial to protect these goods from various possible mishaps. This policy is one of the best cargo insurance covers, which will help you protect your valuable cargo literally anywhere in the world. Our insurance policy will provide full cover against damage or loss to cargo sent by sea as that is where the most uncertainty lies.
Once you hit the roads you are bound to drive consciously following all the rules and traffic regulations. What if you accidently lose control or make a wrong move and end up hitting another vehicle or a person on the road? Such an accident may hamper the physical well-being of the person or damage the other vehicle completely. Under such circumstances meeting the medical expenses of the other driver’s vehicle or meeting his/her vehicle repair costs may lead to a financial loss. To avoid such a financial loss and stressful situation, it’s always safe to opt for Third Party Liability only policy.
This policy covers claims, which the insured becomes legally liable to pay to third parties as a result of bodily injury or property damage arising out of his own business operations.
In case of such a fortuitous occurrence, the company would be forced to come to terms with a heavy load of financial worries in the form of legal expenses. Mahek consultancies Public Liability - Industrial Risk is clearly the perfect cover in such a case.
Health Insurance coverage covers the cost of an individual's medical and surgical expenses. Either the insured pays costs out-of-pocket and is subsequently reimbursed or the insurance company reimburses costs directly. Medical costs are rising year on year. In fact, inflation in medicare is higher than inflation in food and other articles. For an individual who hasn’t saved that much money, arranging for funds at the eleventh hour can be a task. This is particularly daunting for seniors, given that most ailments strike at an advanced age.
Personal Accident Insurance aslo known as Accident Suraksha Insurance is a Plan that can be taken by an Individual or the Family. The sum insured eligibility is based on the monthly income commensuration and risk class. The maximum sum insured that can be offered is 144 times of monthly income. As per the Revised Policy, the Plan period can range from less than 1 year upto 3 years. The Policy has a list of 3 divisions - Primary Covers, Inbuilt Covers, and Additional Covers that one can choose from to create the final package.
Travel insurance though not mandatory as Car Insurance is an Important Insurance that should be purchased. There are multiple things that can be included or excluded depending on the package you choose and the agency you choose it from. When traveling, especially to a foreign country, the medical expenses can greatly differ compared to the home country. It can be difficult to spend a huge amount of money at one time in case of an emergency and that is where Travel Insurance helps you have a peace of mind.
