How It Works

General insurance policies operate on the principle of indemnity. In the event of a covered loss, the insurer compensates the policyholder for the actual financial loss incurred, subject to the terms, conditions, and coverage limits of the policy.

• Protection against unexpected financial losses.
• Compensation based on actual loss incurred.
• Coverage subject to policy terms and limits.

Key Characteristics

• Most policies are valid for one year and require renewal.
• Protects income and savings from unexpected emergencies.
• Provides financial security against losses and liabilities.
• Wide range of coverage options for individuals and businesses.

• Health Insurance – Covers hospitalization, medical expenses, surgeries, and treatments arising from illness or injury.
• Term Insurance – Provides affordable life coverage for a fixed period. In case of the policyholder's demise during the policy term, a lump-sum amount is paid to the nominee.
• Motor Insurance – Covers cars and two-wheelers against accidents, theft, natural disasters, and third-party liabilities.

• Home Insurance – Protects your home and household contents against fire, flood, burglary, and other risks.
• Travel Insurance – Covers travel-related risks such as trip cancellations, lost baggage, and medical emergencies.
• Business & Liability Insurance – Provides protection against operational risks, cyber threats, property damage, and legal liabilities.