Workers’ Compensation Insurance Employers are responsible for the health and safety of their employees while they are at work. Injury at work or illness owing to nature of work (while…

What is Personal Auto Policy? Personal auto policy provides coverage to private passenger vehicles. In this, the insured is provided protection against the financial losses incurred due to bodily injury…

What Is Umbrella Insurance Policy? Umbrella insurance is extra liability insurance. It protects an individual from claims and lawsuits by providing additional liability coverage above the limits of the homeowners,…

What is Liability? Liability refers to an obligation that legally binds an individual or a company to settle a debt or a wrongful act the entity might have committed. Liabilities…

The commercial property insurance evolved in a unique way where different types of coverages meant for protection of different types of property losses evolved parallel to each other. The industry…

What is Home Insurance? Home insurance is usually called as hazard insurance or homeowners insurance (HOI). It is a form of property insurance designed to protect an individual’s home against…

Medical expenses are generally covered under a medical claim (commonly called mediclaim) policy. This is an indemnity-based policy that compensates the beneficiary or insured for their actual economic loss up…

Disability arising out of an illness or accident may be a great hazard for an individual and his/her family. This is because it not only causes huge medical bills, but…

Health insurance is a type of general insurance that provides financial security to an individual against several illnesses and injuries and their treatment. Like other types of insurance policies, a…

What is Retirement Risk? Retirement risk can be defined as the retired person’s probable risks to financial security. Retirement risks can lead to unexpected costs and expenses or a reduced…