Article Side

Online Article Directory!

Hello Guest! Login or Register to submit articles!

Guide to buy General Insurance Policy

By Sandy Tata Subscribe to RSS | March 15th 2012 | Views:
loading
 
  



Insurance policies are generally divided into two major categories; life insurance and general insurance respectively. Life insurance policies offer life coverage whereas general insurance policies protect physical assets like automobiles, home, property etc. Just like every person wishes for security and financial assistance for his family even after his death and assures the same happens by opting for a life insurance plan; the same way precious belongings too can be protected from uncertain incidents through general insurance.

There are a few questions to which you should find answers before opting for any general insurance policy. Below mentioned are a few commonly asked questions.

Which insurance provider do I approach?

When it comes to buying coverage, there are numerous general insurance companies in India and you need to make the right choice. Before you go to check the types of home or motor insurance policy plans the company has got to offer, check whether the company is licensed. Also look out for information like the office address, telephone number, establishment date and last but not the least the reputation of the provider in the market. You can do all the research work online and then make a list of reliable and trusted companies you will want to approach for your general insurance plan.

How to select the apt insurance plan?

Every vehicle owner buys an automobile insurance but not every person buys the most suited one. Many a times people tend to either buy too less or too high amount of coverage for their vehicles. Suppose you take your car to office everyday and on the weekends to long distance trips. Since your car hits the roads almost every day of the week it is more prone to external damage or accidents than a car that lies in the parking lot for most of the time. Always buy car insurance that suits your vehicle. Every person uses his vehicle differently and the need for coverage varies too. Thus before opting for a policy, be sure to check if your vehicle really needs the benefits the policy is offering. Opting for too less or too much coverage for your vehicle will not let you make the most of your insurance policy.

What is the claim procedure?

The procedure for claim settlement is different for every provider. While choosing your insurance provider, make sure you check the claiming process and clear your doubts regarding the same. It is easy and convenient for policy holders to apply for claims online. Some companies however insist on the documentation process which might take longer processing time.

Thus buying general insurance is a wise decision that needs to be taken carefully after weighing all the available options. Do not fall in the trap of low premiums and high benefits, make sure you give your vehicle or home the coverage it deserves.

Sandy Tata - About Author:
Car Insurance Company in India are many but not every provider’s policy will suit your needs in the best possible way. For more information on Car Insurance Online visit us here.

Share on Facebook Tweet It Stumbleupon this post This post is delicious !

Article Source:
http://www.articleside.com/insurance-articles/guide-to-buy-general-insurance-policy.htm

Related Insurance Articles Subscribe to RSS

Best Affordable medical insurance
Published by Lessardcasey on February 11th 2012 | Insurance
Shopping for affordable medical insurance is usually not something the average person has to do, giv...
 
Business insurance guide for young capitalists
Published by Andrew Edwards on December 16th 2011 | Insurance
Starting up a business is not that big deal now, lots of options we have that will make it quite eas...
 
You can get car insurance in Missouri easily
Published by Insurance Inde on January 14th 2012 | Insurance
Missouri drivers are some of the most disciplined in the United States. They highly regard personal...
 
Plan your business insurance cover to acquire solid defense
Published by Andrew Edwards on March 19th 2012 | Insurance
In addition to expenses made on maintenance of the workings, we also need proper planning in terms o...
 
Mississippi offers the best car insurance for you
Published by Autoinsurances on January 16th 2012 | Insurance
It is important that you are insured when you are on the road. If at all you are driving on the Miss...
 
How do they figure out my cheap car insurance rates
Published by Harrisonford on March 29th 2012 | Insurance
An individual must be thinking before purchasing car insurance that how insurance companies calculat...
 
Cheap car insurance for new drivers
Published by Ahmadgill on December 22nd 2011 | Insurance
Our company is the best company to give you cheap car insurance for young male drivers that’s rate...
 
Get cheap car insurance in Montana
Published by Autoinsurances on January 16th 2012 | Insurance
All drivers using Montana roads have to get insurance for their vehicles. This is a requirement by t...
 
Steps to find car insurance comparison sites
Published by Geenadavis on March 1st 2012 | Insurance
In today’s economic downturns, owning an automobile is more of necessity then a luxury, and if an ...
 
Advice to save on Michigan auto insurance
Published by Abil Jack on May 11th 2012 | Insurance
Michigan is the car capital of the world. There are many auto companies in the Detroit area. No wond...
 
Steps to make good car insurance comparison
Published by Geenadavis on April 20th 2012 | Insurance
You have always heard how much important car insurance comparison is, but you are not familiar with ...
 
Let Georgia health insurance plan treat your medical expenses
Published by Ricky Martin on June 23rd 2012 | Insurance
So time has come, do let Georgia health insurance plan treat your medical expenses. It is a big burd...
 
Business insurance plans for online business
Published by Andrew Edwards on May 10th 2012 | Insurance
While starting new online business consider business insurance as the prime requirement of your comp...
 
Several categories of Group health insurance
Published by Morgan001 on March 27th 2012 | Finance
The Group health insurance makes individual insurance coverage’s accessible on a member of group b...
 
Tips to choosing the Apt travel insurance policy online
Published by Sandy Tata on April 20th 2012 | Insurance
Travel insurance has become the need of the hour for travelers. The needs of every person setting ou...
 
Effects of higher business insurance rates on financial system
Published by Andrew Edwards on February 2nd 2012 | Insurance
We all necessarily buy business insurance plan for the company...
 
Learn to find cheaper van insurance
Published by Robmarshall on March 28th 2012 | Insurance
Purchasing cheaper van insurance is not a very difficult task if an individual knows how to go about...
 
Best and Low cost medical insurance
Published by Lessardcasey on February 11th 2012 | Insurance
With swirling controversy over the availability of health insurance for all citizens of the United S...
 
Simplest method of finding commercial insurance quotes
Published by Andrew Edwards on May 16th 2012 | Insurance
Looking for commercial insurance but not getting satisfactory response from companies...
 
Compare car insurance quotes before renewal
Published by Stevediaz on February 25th 2012 | Insurance
It is illegal to drive car without car insuranceas per law. So everyone who drive or owns a car need...