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Life Insurance

Life Insurance Corporation of India (LIC) is an Indian statutory insurance and investment corporation headquartered in the city of Mumbai, India. It is under the ownership of the Government of India.

General Insurance

General insurance or non-life insurance policies, including automobile and homeowners policies, provide payments depending on the loss from a particular financial event. General insurance is typically defined as any insurance that is not determined to be life insurance. It is called property and casualty insurance

General Insurance Can Be Categorised Into the Following:

  • Motor Insurance: Motor Insurance can be divided into two groups, two and four-wheeled Vehicle insurance.

  • Health insurance: Common types of health insurance includes: individual health insurance, family floater health insurance, comprehensive health insurance, and critical illness insurance.

  • Travel insurance: Travel insurance can be broadly grouped into: individual travel policy, family travel policy, student travel insurance, and senior citizen health insurance.

  • Home insurance: Home insurance protects a house and its contents.

  • Marine Insurance: Marine cargo insurance covers goods, freight, cargo, and other interests against loss or damage during transit by rail, road, sea, and/or air.

  • Commercial Insurance: Commercial insurance encompasses solutions for all sectors of the industry arising out of business operations.

  • Accident Insurance: Accidents of different types are possible at any time, at any place, and in the case of any person or object. Persons and vehicles are more prone to accidents causing injuries and damage.

  • Fire Insurance: In order to get the asset, stock, or machines insured against fire, a proposal form is to be filled in and submitted to the insurance company. The insurance company examines the proposal with due regard to various factors and the periodical amount of premium is fixed. an insurance policy is then issued in favor of the applicant.

  • Theft Insurance

  • Property Insurance