Friendship Day: Making Insurance your Lifetime Friend
In the journey of life, we come across some special human beings with whom we make some of the most treasured memories, and we dearly call them friends. Friendship Day is a perfect occasion to celebrate the spirit of a joyous bond. They are the ones who stand by us through thick and thin, become our guiding light, and sometimes a protective shield.
Just like a friend stands by your side in an hour of need, an insurance policy also makes sure to safeguard your interest when required the most. It acts as an invisible shield for you and your loved ones by providing you with security and peace of mind.
Let’s have a look at different insurance plans become your buddies when needed.
Whether you embark on a journey on a car or a bike, make sure it is insured. A motor insurance policy is a dependable friend that ensures you’re not stranded in times of need. From providing you financial protection to covering personal accidents, a motor insurance policy is your reliable road companion.
Coverage
Third-party liabilities
Accidental Damage
Theft
Personal Accident
Natural and man-made calamities
Benefits
Fulfils a legal requirement: Having a valid motor insurance is mandatory under the Motor Vehicles Act, 1988.
Coverage from calamities: Your vehicle is covered against both natural calamities (earthquakes, floods, and cyclones) and man-made disasters (fire, theft, and accidents).
Customization: You can personalize and boost your basic motor insurance plan with a choice of add-ons.
Financial protection: Coverage from uncertain financial burdens provides peace of mind.
Health is indeed our most invaluable wealth. A healthy body possesses the strength to carry on with day-to-day activities without any problems. Maintaining our health requires regular check-ups, and one should always be prepared for unexpected medical exigencies. To help you manage all these activities, a health insurance plan becomes your guardian angel. From a routine doctor visit to a major surgery, a health insurance plan delivers what it promises.
Coverage
Hospitalization charges
Day-care procedures
Critical Illness
Pre- and post-hospitalization charges
AYUSH treatment
Benefits:
Specialized treatment: Get access to cashless hospitalization and quality healthcare.
Type of plan: Option to choose between an individual or family floater policy as per your health insurance needs.
Built-in services: You can avail of health check-ups, medical consultations, and emergency medical evacuation.
Wellness rewards: Enjoy special rewards for maintaining overall health.
All of us have a bucket list full of our favorite destinations. While traveling relieves us from our hectic schedule, it can also come with some unforeseen challenges. Travel hiccups can happen to anyone in the form of a flight cancellation, loss of passport or baggage, or any medical emergency in a foreign land. Hence, don’t forget to take an international travel insurance plan with you.
Coverage
Lost baggage/passport
Medical assistance
Hijack allowance
Personal accident
Evacuation coverage
Benefits
Financial security: Protects against sudden financial burdens arising due to medical emergencies or other exigencies.
Travel assistance: You get access to specialized services like translation services, emergency cash advances, etc.
Emergency assistance: Avail 24*7 emergency assistance for legal advice, medical referrals, travel advisories, etc.
Travel delays: Get compensation for food and accommodation bills if your trip gets delayed due to bad weather or other disruptions.
Our homes are not just mere structures but our safe abode, where we make countless memories and decorate every corner with precision and valuable possessions. The safety of our homes is our prime concern, and just like a good friend guards us during tough times, a home insurance plan protects your haven from natural calamities, burglary, fire, and other unfortunate events.
Coverage
Secures the building structure
Covers home contents (artefacts, appliances, furniture)
Coverage for pets
Coverage for both homeowners and tenants
Loan payment protection
Benefits:
Customization: Personalize your home insurance plan with a choice of add-ons.
Protection against calamities: A good home insurance plan covers natural disasters like earthquakes, fires, landslides, etc. and man-made calamities like theft, terrorism, riots, etc.
Insure valuable possessions: You can get your jewellery, fine arts, and other expensive devices covered.
Depreciation waiver: You will not be charged depreciation for claims related to electronic items.
Conclusion:
This Friendship Day, let’s extend our gratitude to the special friends who willingly choose to stand by our sides. Encourage them to buy the right insurance policy well in time to ensure their well-being and avoid mishaps.
And like any other friend, an insurance policy carries the responsibility of taking good care of your needs. It performs different responsibilities as per the need, but never lets you face any difficulty alone. With the right insurance policy, you get the freedom to withstand any circumstance with resilience and no compromise on mental peace.
Happy Friendship Day!
Disclaimer-
The information provided in this blog post is for general knowledge and informational purposes only. It does not substitute for financial or legal advice. Kindly consult a financial advisor or an insurance expert to understand the coverage, inclusions, exclusions, and specific terms of any insurance policy before making a final decision.
