Home insurance is a type of insurance that protects your home, its furnishings, and valuable items from a wide range of man-made or natural disasters. Typically, it includes coverage for damages to the home’s exterior and interior, as well as for injuries that occur on the insured property. Providing protection for your home, belongings, and potential liabilities, home insurance ensures both peace of mind and financial security.

Life insurance refers to the legally binding contract between a policyholder and an insurance company that provides financial protection to his/her family. The insurer promises to offer the insurance benefit in exchange for regular premiums paid by the life insured. The ‘financial protection’ under life insurance is provided in the form of life cover, also known as sum assured. It is a pre-agreed amount that is payable in case of an untoward incident with the life insured.

As per the Motor Vehicles Act, 1988 it is mandatory for every owner of a vehicle plying on public roads, to take an insurance policy, to cover the amount, which the owner becomes legally liable to pay as damages to third parties as a result of accidental death, bodily injury or damage to property. A Certificate of Insurance must be carried in the vehicle as a proof of such insurance.