It covers medical expenses, hospital stays, surgeries, and sometimes medication. This is especially useful when unexpected medical emergencies arise.
Motor Insurance
Motor Insurance: Mandatory in India for all vehicles. It covers accidents, theft, and third-party liabilities. It is divided into two types: 1.Third-Party Insurance: Legally required and covers third-party liabilities in case of accidents. 2.Comprehensive Insurance: Covers third-party liabilities as well as damages to your own vehicle.
Home Insurance
Covers damage to your home from fire, theft, or natural disasters. It may also cover the contents of the house and provide liability coverage if someone is injured on your property.