general insurance products of top five gic’s

8/8/2019 GENERAL INSURANCE PRODUCTS OF TOP FIVE GICS

1/10

Mithilesh Shukla


2/10

Introductiony In sura nc e in broad terms may be des cribed as a

method of shari ng financ ial losses of few from a

commo n fund who are equally exposed to the sameloss

y In sura nc e is classified i n to Life and General

y A n y insura nc e other tha n huma n lives comes u nderthe s cope of General In sura nc e


3/10

Top Five General InsuranceCompanies in India

y B ajaj Allianz General In sura nc e Compa n y Limitedy HDFC ERGO General In sura nc e Compa n y Limitedy ICICI Lombard Ge neral In sura nc e Compa n y Limitedy Natio nal In sura nc e Compa n y Limitedy Orie n tal In sura nc e Compa n y Limited


4/10

General Insurance ProductsMotor Insurance

It inc ludes the followi ng:Loss or dama ge to vehi cle against natural calamities likefire, explosio n , earthquake, f lood, storm et c.Loss or Dama ge to vehi cle against Man- made calamitieslike theft, riot, strike, a cciden t et c.Personal acciden t coverage of certai n sum for theowner/driver while drivi ng , travelli ng , mou n ting or

dismou n tingProte ction against acciden tal dama ges resulti ng in theperma nen t in jury or death of a perso n , and dama ge causedto the surrou nding property


5/10

Travel Insurancey T he poli c y covers the followi ng:

Perso nal A cciden t (death a nd disableme n t)

Medical Expenses and Repatriatio nLoss and Delay of Che cked B aggageLoss of PassportHospitali zatio n expensesHijack Cover


6/10

Health Insurancey T he poli c y covers the followi ng:

Medical expenses inc urred as a n inpatie n t duri ng hospitali zatio n for more tha n 24 hours, i nc luding roomcharges, do ctor s fee, medicines bills, et c.Medical expenses inc urred 30 days prior a nd 60 days posthospitali zatio nT he poli c y also covers for hospitali zatio n in case of Swine

Flu / H1N1 in fluenz aDay Care expe nses inc urred o n named adva nc edtechnological surgeries a nd pro cedures requiri ng less tha n 24 hours of hospitali zatio n


7/10

Home InsuranceT he poli c y covers the losses to the stru cture a ndcon ten ts of home due to a n y natural a nd ma n- madecalamities like fire, explosio n , earthquake, flood et cT he con ten ts of home are also covered a gainst lossdue to bur glary or theft or a n attempted bur glary . Italso covers loss of jewellery, silver arti cles and pre ciousstones kept u nder lo ck

Covers an y dama ges and losses to the stru cture a nd /or con ten ts of your home due to a cts of terrorism Additio nal expenses of re n t for alter nativeaccommodatio n


8/10

Shop Insurancey Shopkeepers Package polic y safeguards the shop from

thefts a nd robberiesy It keeps the shop se cure eve n when it's closedy It provides a hu ge prote ction for the property,

in terests of the i nsured a nd the part ners in thebusi ness


9/10

Electronic Equipment Insurancey T his poli c y offers financ ial prote ction in case your

electron ic equipme n t suffers a cciden tal ele ctrical and

machinery breakdow n requiri ng repairs a nd /orrepla cemen t.y T his poli c y covers all types of computers i nc luding

micro - processors, word - processors, tele -

commu n icatio n instrume n ts, ma chine for medi caluse, films a nd televisio n studio equipme n t, ele ctron ic score boards et c


10/10

T HANK YOU

general insurance products of top five gic’s

Documents