| With varied options in the insurance industry for the | | | | - · Health: This is an insurance policy whose primary |
| Indian consumer, it is difficult to make a confident | | | | objective is to ensure that you receive appropriate |
| choice. Insurance policies have traditionally contained | | | | medical attention in case of a medical emergency |
| terms and conditions that might be difficult to | | | | while at the same time providing you with financial |
| comprehend for the common man. Furthermore, the | | | | cover against its implications. Additionally, if you need |
| numerous documents to go through and respond to, | | | | more than one person insured there is the option of |
| might add to the confusion. However, there is a | | | | plans that cover the entire family. |
| simpler way, i.e. look for insurance policies online and | | | | - · Motor: This kind of insurance is important and |
| purchase or renew them there. The internet has now | | | | provides protection against vehicle related accidents, |
| made it relatively easy for a person to compare | | | | third person liability, accident repair costs etc. In India, |
| insurance products. However, it is still difficult to find | | | | it is mandatory by law to have such a policy for each |
| that specific insurance product that will meet your | | | | and every vehicle you own. |
| insurance needs. So, how do you deal with this | | | | - · Travel: These policies look after you when |
| problem of too much variety? The answer is simple. | | | | travelling on vacation or business. Mishaps that occur |
| Compare insurance products to find the one most | | | | to you or your baggage or vital documents such as |
| suitable for your needs. The following are some | | | | the passport are accounted for under this policy. |
| questions you could ask yourself while comparing | | | | - · Student: Youngsters travelling abroad to study |
| policies. | | | | need to be protected from the toll that a new |
| What aspects of my life am I going to insure? | | | | environment may have on them. Student insurance |
| Some of the most common insurance policies include | | | | policies are designed to take into account |
| motor, health, travel and student medical insurance. It | | | | contingencies such as sports accidents, medical |
| is not surprising that some consumers do not know | | | | emergencies etc. |
| what to pick, because all of these components of life | | | | Only when we compare insurance products we get a |
| are important. Therefore, if you think about your | | | | clear picture of what we need. Therefore a careful |
| needs carefully, you may be able to decide what you | | | | consideration of the above is an important step to |
| would want to insure. | | | | help choose the right product. |
| What do I get from each of these insurance policies? | | | | |