We work very hard for our family, putting relentless efforts to fulfill our dreams. But what happens to them if destiny has some other plans? What if we are not around for them? Would we let that uncertainty just cloud our thoughts or protect our family against that uncertainty?
Here comes the need for Life Insurance. That higher education of child, the medical expenses of parents and the grandness of child's wedding should not be left to uncertainty and speculations. Life Insurance works to ensure that the family has adequate financial support with or without us. It also acts as a savings plan for the future for constant source of income after retirement and all the milestones of life.
The key to effective insurance is to plan and start early. This not only ensures a lower planning amount (premium) but also gives benefit of a longer coverage period.
Health insurance is a financial protective cover that helps you pay for your planned & emergency medical expenses. You receive medical coverage for hospitalisation costs, day care treatments, out-patient (OPD) treatment, pre and post-hospitalisation, ambulance charges, and more. It also covers medical treatment costs for critical illnesses, injuries, pregnancy, surgeries, medication and preventative care.
General insurance provides financial protection against losses related to assets, travel, accidents, and business risks, other than health and life. These policies are usually for one year and can be renewed annually.