An Insurance Advisory Service refers to a financial service that provides guidance and advice to individuals who are seeking insurance protection to their lives and assets. These services typically assist individuals in understanding various insurance options, comparing premium rates, terms, and conditions, navigating the insurance application process and helping their customers to get the best insurance protection their needs and requirements. Insurance advisors may work independently or as part of financial institutions, banks, or specialized advisory firms.
Health Insurance is a protection or coverage against the probable and unforeseen health risks of an individual and his family members by paying a quoted premium amount for the prescribed benefits and for the prescribed period.
Vehicle insurance is insurance for cars, trucks, motorcycles, and other road vehicles. Its primary use is to provide financial protection against physical damage or bodily injury resulting from traffic collisions and against liability that could also arise from incidents in a vehicle. Vehicle insurance policy covers the financial risk of all the parties included, such as vehicle owner, driver and the third party, according to our choice of selecting the insurance coverage type.
Property insurance provides financial reimbursement to the owner or renter of a structure and its contents in case there is damage or theft—and to a person other than the owner or renter if that person is injured on the property, according to our choice of selecting the insurance coverage type.
Business Insurance is designed to cover business premises and contents against loss, damage or theft, including protection against interruption. It includes coverage for property damage, legal battles and employee-oriented risks. Companies assess their insurance needs based on possible risks.
Business interruption insurance is a type of insurance that covers the loss of income that a business suffers after a disaster. The income loss covered may be due to disaster-related closing of the business facility or due to the rebuilding process after a disaster.
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 upon the death of an insured person or on the maturity of contract period whichever is earlier, or some other terms, as per the choice of selecting the Life Insurance type. Depending on the contract, other events such as terminal illness or critical illness or some other prescribed condition can also trigger a payment.