insurance in chandigarh Chandigarh

We live in a world of uncertainty and face risks in our everyday life. These risks are unpredictable. If we can anticipate and predict them, we can prepare for them. Insurance is the best risk-transfer mechanism and is a process by which the losses of a few, who are unfortunate to suffer such losses, are shared amongst those exposed to similar uncertain events situations. We have life and non-life insurance as the pillars of insurance. In India, the principle of life insurance has been reflected in the institution of the joint-family system in India, which was one of the best forms of life insurance down the ages. Sorrows and

Health insurance is a contract between the insurer and the insured wherein the insurer agrees to pay hospitalisation expenses to the extent of an agreed sum insured in the event of any medical treatment arising out of an illness or an injury. Healthcare in India has assumed great importance in recent times. Increased income, health consciousness, price liberalisation and the introduction of private healthcare financing is bringing the change. Understanding health insurance policies Insurance companies offer a wide variety of policies under health insurance. These range from policies that cover the cost of doctors and hospitals to those that meet a specific need, such as paying for long term care or specific illness like cancer or critical illness. Several life insurance companies have of late entered into the health segment, which till recently was dominated by general insurance companies. Some stand-alone health insurance companies have also been set up to tap the vast potential of the health insurance in India. A health insurance policy generally covers the basic costs in case of hospitalisation due to any

Insurance in chandigarh cover your loss car gets damaged (accented ) or stolen. Premium amount of your car insurance Premium on the basis of Insured Declared Value or (IDV )of the Car. If you increase the IDV, the premium rises car insurance renewal or a new car insurance Offers following benefits: •Cover against loss or damage to the insured vehicle. •Cover against loss or damage to your vehicle caused by accident, theft, fire, explosion, self ignition, lightning, riots, strikes or act of terrorism, natural calamities. •Cover against financial liability caused by injurydeath of a third party or damage to the property. •Personal accident cover •Avoid trafic challan