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6 Most Important Insurance Covers

Posted on April 4, 2008 18:10 by Mahavir Chopra

6 Covers you can’t do without.

Term Life Insurance:-

If you are a breadwinner having dependants and large liabilities on your head, this is an Insurance policy which will help you cover your dependants from any financial instability. Read More | Order Online 

2.       Accidental Disability Insurance:

Whether you travel by your own vehicle or public transport – your life and future could come to a grinding halt, in case of an accident.An accident however large or small can have ill effect on your earnings and your power to support your dependants. Read More | Order Online  

3.       Health Insurance – Mediclaim:

Health Insurance or Mediclaim as it is popularly known, is another must-have cover for every individual, unless you own a hospital J Rising medical costs worldwide has made Health Insurance a compulsion for stable survival. Huge medical bills have badly affected financial stability to the level of bankruptcy. A lot of people are covered by their office group medical insurance, but this is not enough. Click here to read why? https://www.insurancemall.in/blog/post/2008/02/Why-Office-Mediclaim-Insurance-is-not-enough.aspx     Read More | Order Online

4.       Critical Illness Insurance

Health Research worldwide says that on advancement of Science, mortality rates across the world are reducing, which is good news…but the bad news is paralely the exposure of people to Critical and Terminal Illnesses have increased multifold. Current population due to stressful work life is exposed to Critical and Terminal Illnesses also called “Lifestyle illnesses” like Cancer, Heart Attack, Paralysis, Kidney Failure etc. A family member’s death would bring permanent financial hardships, but a family member with a critical illness would bring permanent and persistent financial hardships to other family members.Many expenses are not covered under a regular Health Insurance, like Organ donors payment, wheel chair, loss of earnings, change of structure of the house to accommodate the ill member. Read More | Order Online

 5.       Home Insurance:

Your Home is one of your most valued possessions/assets. It is also one of the largest investments that you make. Insurance for such an asset is thus very important.  Read More | Order Online

6.       Vehicle/Car Insurance 

Vehicle/Car Insurance insures your vehicle from accidental compensation for   third     party person or third party property and any damage due to   accident of your vehicle is important as well as mandatory.  Read More | Order Online

 

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