Personal lines insurance includes property and casualty insurance products that protect individuals from losses they couldn’t afford to cover on their own. These types of insurance lines make it possible to do things such as driving a car and owning a home without risking financial ruin.
- Home & Burglary
- Personal Accident Insurance
Vehicle insurance (also known as car insurance, motor insurance, or auto insurance) is insurance for cars, trucks, motorcycles, and other road vehicles. Its primary use is to provide financial protection against physical damage or bodily injury resulting from traffic collisions and against liability that could also arise from incidents in a vehicle. Vehicle insurance may additionally offer financial protection against theft of the vehicle, and against damage to the vehicle sustained from events other than traffic collisions, such as keying, weather or natural disasters, and damage sustained by colliding with stationary objects. The specific terms of vehicle insurance vary with legal regulations in each region.
Health insurance is a medical insurance policy that offers financial coverage for medical expenses when the policyholder is hospitalised. A health insurance plan covers the insured with the facility of cashless hospitalization at a network hospital or provide a reimbursement for the incurred expenses.
Home insurance, also commonly called homeowner’s insurance is a type of property insurance that covers a private residence. It is an insurance policy that combines various personal insurance protections, which can include losses occurring to one’s home, its contents, loss of use (additional living expenses), or loss of other personal possessions of the homeowner, as well as liability insurance for accidents that may happen at the home or at the hands of the homeowner within the policy territory. Additionally, homeowner’s insurance provides financial protection against disasters. A standard home insurance policy insures the home itself along with the things kept inside.
Travel insurance is insurance that is intended to cover medical expenses, trip cancellation, lost luggage, flight accident and other losses incurred while traveling, either internationally or domestically.
Personal Accident Insurance Insurance
Personal accident insurance is a policy that can reimburse your medical costs, provide compensation in case of disability or death caused by accidents. … Accidental death: If the policyholder dies in an accident then his nominee gets accidental death compensation. The family is financially secure in this situation