igitalSpark

Misc. Insurance -products

General Insurance is divided into Marine, Fire, and Miscellaneous insurance Sections. Products other than marine and fire fall into the miscellaneous category. Products like motor insurance, engineering insurance, rural insurance, liability insurance, and health insurance are all part of the miscellaneous category. We discuss these products in brief as follows:-

Personal Accident policy, which is not an indemnity policy, but it is a benefit policy as it may give a claim for weekly benefits, which we shall discuss. Here, basic or capital sum insured represents the total sum that is payable in case of death, loss of two limbs (hands, legs, eyes, or any two combination of these organs). Now, a percentage is fixed for other parts of the body getting damaged, like fingers, thumbs, etc.If the body gets paralyzed, then again, 100% sum insured is payable. In case of temporary total disablement like fracture etc, the insured is paid the weekly compensation, which is 1% of the sum insured; however, this has an upper limit of Rs 5000 per week at present. The compensation can be claimed up to 100 weeks, depending on the certificate of injury and disablement issued by Medical Professionals. There are two more small benefits available without paying an extra premium, and that is if two children are surviving after the death of the parent (insured), there will be a lump sum of Rs 10000 as a one-time compensation payment. (5000 for each child). Moreover, this policy will pay Rs 2500 as ambulance charges for bringing the dead body home from the place of accident or hospital. MEDICAL EXPENSES CAN BE COVERED UP TO 25% OF THE TOTAL CLAIM IF THE INSURED IS READY TO PAY ADDITIONAL PREMIUM. This is a wonderful policy that covers the insured all over the world. All types of accidents are covered, but natural death is not covered; if a person dies of disease, it is not covered.

Other important insurance cover in miscellaneous department are BURGLARY INSURANCE, HOUSE HOLD INSURANC,E SHOPKEEPER INSRUANCE, LIABBIITIES POLICIES LIKE DOCTOR INDEMNITY, PROFESSIONAL INDEMNITY, PRODUCT LIABILITY, PUBLIC LIABILITY, RURAL COVERS LIKE POULTRY INSURANCE, CATTLE INSURANCE, HORSE INSURANCE, JANTA PERSONAL ACCIDENT INSURANCE, GRAMIN PERSONAL ACCIDENT INSURANCE, SALT INSURANCE, SERICULTURE INSURANCE, CROP INSURANCE, HORTICULTURE INSURANCE, HONEY BEE INSURANCE ETC. THEN THERE ARE ENGINEERING INSURANCES LIKE MACHINERY BREAKDOWN, CONTRACTOR ALL RISK, ERECTION ALL RISK, MARINE CUM ERECTION, AND ADVANCE LOSS OF PROFIT INSURANCE. FIRST LOSS BURGLARY POLICY, JEWELLERY BLOCK INSURANCE, BANKERS BLANKET INSURANCE, FIDELITY GUARANTEE INSURANCE, MONEY INSURANCE, CRITICAL ILLNESS INSURANCE, HEALTH INSURANCE, OVERSEAS MEDICAL INSURANCE, DUCK INSURANCE, FISHERY INSURANCE, PACKAGE POLICIES, PETROL PUMP INSURANCE, MEDICAL ESTABLISHMENT POLICY, BAGGAGE INSURANCE, PLATE GLASS INSURANCE, SIGN BOARD INSURANCE, e-COMMERCE INSURANCE, CYBER INSURANCE, PEDAL CYCLE INSURANCE, SPORTS INSURANCE, LIFT INSURANCE, TELEVISION INSURANCE, AND MANY MORE SUCH PRODUCTS.

Our Blog

Our tips and solutions in technology services

Happy Retirement.

Retirement is not an end; it’s a new beginning, a new joy, and a new time to fulfill the dream. To cherish all your passions

Read More »

Misc. Insurance -products

General Insurance is divided into Marine, Fire, and Miscellaneous insurance Sections. Products other than marine and fire fall into the miscellaneous category. Products like motor

Read More »

free consultation

Contact us for a free IT consultation

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

I sent a contact, now what?

01

Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

02

Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

03

Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

it is not easy to understand things. especially insurance and banking.

20% Off

Aenean leo ligulaconsequat vitae, eleifend acer neque sed ipsum. Nam quam nunc, blandit vel, tempus.

Join us for

increase wealth at manifold advisory.

Beer, sake, wine and cocktails

Experience speaks. contact