Life Insurance is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money in exchange for a premium, upon the death of an insured person. Life insurance comes in to picture when there is mortality.
Health insurance comes under general insurance and is a medical insurance policy that offers financial coverage for medical expenses when the policyholder is hospitalised. A health insurance plan also covers expenses due to accidents and injury where the insured with may have the facility of cashless hospitalization at a network hospital or provide a reimbursement for the incurred expenses. Health insurance comes in to picture when there is morbidity. Health Insurance is particular important during these times of the Covid-19 (Coronavirus) Crisis. At Finances Linked we realize this & have health insurance policies that cover the risk against this pandemic at no extra cost.
Health insurance comes under general insurance and is a medical insurance policy that offers financial coverage for medical expenses when the policyholder is hospitalised. A health insurance plan also covers expenses due to accidents and injury where the insured with may have the facility of cashless hospitalization at a network hospital or provide a reimbursement for the incurred expenses. Health insurance comes in to picture when there is morbidity. Health Insurance is particular important during these times of the Covid-19 (Coronavirus) Crisis. At Finances Linked we realize this & have health insurance policies that cover the risk against this pandemic at no extra cost.
General Insurance Policies including automobile and homeowners policies, provide payments depending on the loss from a particular financial event. General insurance is typically defined as any insurance that is not determined to be life insurance. So insurance of cars, commercial vehicles, home, offices, restaurants, buildings, manufacturing units, machinery, etc fall under general insurance. Having a third party insurance of vehicles which also falls under general insurance is compulsory by law in India. May it be your first car or first office of your start up company we can provide the most competitive quotes for car insurance & office insurance right at your fingertips!
