Personal Insurance

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Personal Insurance

Save Money on your Personal Insurance, Each and Every Time!

Protect your family, assets, and future with personalized insurance plans. Comprehensive coverage ensures peace of mind for life’s uncertainties.

You can’t wait to hit the road with your family, knowing your car and loved ones are protected with reliable coverage.

But before you do, ensure you have the right Personal Insurance Policy to protect your loved ones and belongings.

Motor Insurance

What is Personal Insurance?

Personal Insurance protects individuals and families from financial risks, covering health, life, home, auto, and more. It ensures security, safeguarding assets and well-being during unexpected events and emergencies.

Personal Insurance offers financial protection for individuals and families, covering health, life, home, auto, and personal belongings, ensuring security and peace of mind against unexpected events.

What are the types of Personal Insurance Policies?

Here are the main types of Personal Insurance Policies:

  1. Health Insurance: Covers medical expenses, including hospitalization, surgeries, and preventive care.
  2. Life Insurance: Provides financial support to beneficiaries in case of the policyholder’s death.
  3. Auto Insurance: Protects against damage or liability related to vehicle ownership and use.
  4. Homeowners Insurance: Covers damages to your home and personal property from risks like fire, theft, or natural disasters.
  5. Renters Insurance: Protects tenants’ personal belongings and provides liability coverage.
  6. Disability Insurance: Offers income replacement if you’re unable to work due to illness or injury.
  7. Travel Insurance: Covers unexpected events during travel, such as medical emergencies, cancellations, or lost luggage.
  8. Personal Liability Insurance: Protects against claims of injury or property damage caused by you or your family.

What is Own Damage Cover in Personal Insurance?

Own Damage Cover in personal insurance, particularly in auto insurance, protects the policyholder’s vehicle against damages caused by accidents, natural calamities, theft, or vandalism.

It covers repair or replacement costs for your car, regardless of fault, ensuring financial protection for your vehicle.

What is Third Party Liability Cover in personal insurance?

Third Party Liability Cover in personal insurance, commonly included in auto insurance, provides protection against damages or injuries caused to another person or their property due to an accident where you are at fault.

It covers the legal and financial costs arising from the accident, including medical expenses, property damage, and legal fees, protecting you from the financial burden of third-party claims. This coverage is often mandatory by law in many regions for vehicle owners.

What are the exclusions in a Personal Insurance?

Personal insurance, like health, life, or personal accident insurance, often includes exclusions that define scenarios or circumstances under which the insurer will not provide coverage. While these vary depending on the specific policy and provider, common exclusions include:

  1. Pre-existing Conditions: Illnesses, injuries, or medical conditions that existed before the policy's effective date are often excluded or have a waiting period before coverage begins.
  2. Self-inflicted Injuries: Injuries or death resulting from intentional self-harm, including suicide (typically during the first few years of a life insurance policy), are not covered.
  3. Substance Abuse: Claims arising due to the influence of alcohol, drugs, or other intoxicants are typically excluded.
What are the advantages of a Car Insurance Policy?

What are the exclusions in a Personal Insurance Policy?

Exclusions in a Personal Insurance Policy specify circumstances or events where the insurer will not provide coverage.

General Exclusions
Pre-existing Conditions Conditions or illnesses diagnosed before the policy’s start date may be excluded or subject to a waiting period.
Self-inflicted Injuries or Suicide Injuries or death caused by self-harm or suicide are excluded, especially during the first year of the policy.
Criminal Activities Claims resulting from the insured engaging in illegal or criminal acts are not covered.
Substance Abuse Losses arising from the use of alcohol, drugs, or intoxicants are excluded.
War and Civil Disturbance Death, injury, or damage resulting from war, terrorism, or riots are not covered.
Participation in Hazardous Activities High-risk activities like adventure sports, racing, or bungee jumping are excluded unless specifically covered under the policy.
Pregnancy and Related Complications Normal pregnancy, childbirth, or complications from them are excluded unless a maternity rider is included.