Insurance
What each type of insurance actually covers, who it is for, and what the words in your policy mean — so you know exactly what you are protected against before you buy.
Types of insurance
Insurance falls into a few clear categories. Start with the one that matches the risk you want to protect against.
Pays for hospital stays, surgeries and day-care treatments so a medical bill does not eat into your savings. Available as individual cover or a family floater that shares one sum insured across the family.
Third-party cover is mandatory for every car on Indian roads. Comprehensive cover adds protection for your own car against accidents, theft, fire and natural events.
Two-wheeler cover that protects you against third-party liability, and with comprehensive plans, against theft and damage to your own bike. Multi-year plans save you the yearly renewal hassle.
Provides a payout to your family if something happens to you. Term plans give the largest cover for the lowest premium — pure protection for the years your family depends on your income.
Health cover arranged by an employer for the whole team. It is often an employee's first health cover — useful, but worth understanding what it includes and what it does not.
Short-term cover for trips abroad — medical emergencies overseas, lost baggage, trip cancellations and delays. Some countries require proof of it before granting a visa.
Good to know
Tell us what you need protection for and we'll help you understand the options — clearly, and without jargon.
