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Benefits of life insurance policy
Having life insurance plan is necessary to do the task for every individual, A life insurance policy is the best way to protect and financially safeguard the future of you and your loved ones. As we all know it provides life protection to the family of the insured in case of any eventuality but apart from this there are a plethora of other benefits, let’s take a look at various benefits below.
Car Insurance
Health Insurance
Two Wheeler Insurance
Travel Insurance
Fire Insurance
Other Wheeler Insurance
Car Insurance
Car insurance is a policy that is signed between tw prarties, the policyholder and the insurer to cover the losses that one might incur due to damages done to the car or in a case of theft. A pre-decided value is fixed according to the insured Declared Value (IDV) of the vehicle for the remium to be paid by the poicyholder periodically.
These days a policy seeker has many options available to choose from the various types of policies in the market. Each with its own uniqueness and offerings, car insurance has become a must in todays time. But the question still remains, what are the real advantages of car insurance? What security does a policy gives to the buyer? You can find all the answers here at Plicyexpert.com which lets you compare and choose the best car insurance online.
Health Insurance
Good health is a boon and we all are not blessed with it. No matter how much we go for healthy food, hit the gym or search the internet to strengthen our immunity system, illness and diseases cannot be avoided. There are so many new diseases that are born to unhealthy life style, atmosphere, and hereditary disorder.
With each disease, there is a series of expenses that follows in the medication, hospitalization and different medical tests for the disease recovery burn a hole in the pocket of a common man. In the world of the price hike, only basic medicine is so expensive that one cannot think of completing the medication course with the normal income even if they start it. Health insurance is an insurance policy that ensures a safeguard for the life of policyholder.
Two Wheeler Insurance
In a metro city like Mumbai, traveling from one place to another is so impossible without a personal vehicle. Everyone from of personal vehicle , but horr on jam packed stories of our city roads do not allow that. Everyone is in a hurry and if you do not follow the rhythm, you will be left out of the success roads. Bikes are our best friends on the city roads.
They lead us to home out of the jam areas like a boss. we can travel through the narrow streets to broad highways on bikes. And for the youngsters, bikes are their treasure of life. We take care of our bikes like we care for it. We polish, we wash, we take the motorbikes for the servicing timely. But there is one more thing that is needed to secure your pride and comforter in life and that is a bike insurance.
Travel Insurance
Travelling is a great experience! it’s the best way to make memories and cherish them forever. From domestic to international, travelling is as simple as pinpointing a place on the globe and you just need to pack your bags with the basic essentials and run away to your dream vacation.
However, the most important thing to carry in that bag is the travel insurance. No matter where and with whom you are travelling, insurance is a must to have. It gives you an upper hand at security and safety of you and your belongings..
Fire Insurance
Fire insurance covers damage or loss to a property because of fire. It is a specific form of insurance in addition to homeowner’s or property insurance, and it covers the cost of replacement and repair or reconstruction above what the property insurance policy covers.
Fire insurance policies cover damage to the property and may also cover damage to nearby structures, personal property and costs because of not having the capacity to live in or use the property if damage occur.
Other Insurance
Insurance coverage that provides funds for reasonable and necessary costs a business may incur in the event that business operations are interrupted.
Extra expense insurance coverage applies to the period of time between when a business is forced to temporarily close when it has been restored to normal operation.