In the modern world, there is a lot of scope for innovation and this doesn’t stop for the Insurance policies. There are different types of policies that any insurance company would offer you. You need to know about all these uncommon insurance policies that you can take advantage of. Make sure you compare & Buy Insurance online.
1. Pet Policy
If you love your dog or cat or any other pet that you might have, you need to read about this one closely. Your pet needs health check-ups on a regular basis and vaccinations too. Now, if it was to catch a major disease tomorrow for which it might need to go under operation, the costs can go very high. These are the kinds of things for which you need to be prepared by getting your pet covered too. Ask your insurance agent whether they provide any such insurance.
2. Renter’s Policy
People never forget to get their homes insured and it is important but you can even get a policy for your rented flat. You need this one to protect all the valuables in your house in case of a theft or fire in the building.
3. Long Term Care
Palliative care is just beginning to develop in India. It is the care of a person after a major accident or when they have become old and cannot take care of themselves. Many insurance agencies offer plans for disability and major diseases, but when it comes to long term care coverage, only few companies provide this. This will help you be stress free when you have to spend a long time in the hospital. compare insurance online india Get this policy when you are young and you will be tension free for the rest of your life.
4. Antique Coverage
This is one thing that the royals are doing. And if you have any piece of antique in your house which is the legacy of your ancestors and costs a bomb, then you need to ask your agent for this cover. Antique coverage will ensure that every piece of antique or heirloom you have in your house is covered and under an unfortunate circumstance of theft of these pieces, you will be reimbursed properly.
This one is for a time of crisis that can come unexpectedly and your long term insurance plan or any plan for that matter would go down the drain. With the longevity plan, you start receiving a fixed amount of money at the age 85. You just need to buy the indemnity at the age of 55.
Weddings are a big thing in India. People love to have pompous weddings sometimes for the sake of the society or sometimes they just want to have a perfect day. Whatever may be the cause, weddings can get a little pricy, and the rates will go up in the coming years. The average that people spend on wedding today is around INR 20 Lakhs. So, having your child’s wedding covered will definitely take away a lot from the stress.