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What is the importance of general insurance cover?

There are around 20 general insurance players in markets and some more large international ones are expected to enter shortly. <br>

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What is the importance of general insurance cover?

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  1. General insurance

  2. What is the importance of general insurance cover? Life is full of joy and happiness if you have plenty of money, good house, a luxurious car, good health and lavish lifestyle. But you many never know when you might come across an unexpected calamity or incidence that can damage your valuable belongings or endanger your life. In this era of high uncertainty spiral inflation rate, the dangers posed to our prized possession have reached new heights. The insurance that protect our belonging and covers our health is known as “general insurance”. While market are filled with variety of customized policies you can choose the best suitable for you depending upon your income sources, asset value, place of living and other factors.

  3. You can either visit the branch or call up customer service or buy from agents. But one of the best and modern day convenient ways to buy general insurance policies would be online purchase. Today, the educated section is purchasing policies online. The purchase of non-life insurance policies in the country is on rise. More and more people from metropolitan, town cities and even rural areas prefer buying polices online. • The ease of purchase and convenience of buying it anytime and anywhere are the primary drivers for policy purchase online. Many insurers have started realizing this. They have created separate verticals to exploit this segment.

  4. General insurance segment of India comprises of a wide array of insurance such as health insurance, motor insurance, home insurance, travel, fire and business insurance, lifestyle insurance and other forms. • There are around 20+ general insuranceplayers in markets and some more large international ones are expected to enter shortly. • Experts say the thrust of this insurance segment is inclined toward business verticals and cater to giant corporate clients as well.

  5. Produce the requisite FIR (incase of valuables being stolen) or other reports as required at the time of claims. Good and reputed general insurance companies will let you compare quotes with their top competitors before signing up for polices. Using a couple of insurance calculators is an excellent method to make sure you get precise quotes as per your requirements. [Source:http://indiainsurancegeneral.blogspot.in/2016/03/what-is-importance-of-general-insurance.html ]

  6. Follow us on https://www.facebook.com/BajajAllianz http://www.linkedin.com/company/653474 https://plus.google.com/+BajajAllianzGIC/posts https://twitter.com/BajajAllianz https://www.youtube.com/user/BajajAllianzGIC https://instagram.com/bajajallianzgeneral/

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