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Don’t overlook General Insurance!

Bajaj Allianz is one of the fastest growing General Insurance companies in India and also won awards for Best General Insurance Company & Claims Innovation awards.

TomCraig
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Don’t overlook General Insurance!

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  1. General Insurance

  2. Don’t overlook General Insurance!

  3. Generally, we are very cautious while taking a loan or a life insurance policy to save those last minute surprises. • But most of us have a misconception about general insurancethat choosing a tailor made policy will take care of you and your belongings. • Besides the required coverage and sum insured, it is important to ensure that the final policy document of a general insurance should comply with all the terms that the agent / insurer has agreed with you. • For others, a full description of the property has to be given to the financier.

  4. Vehicle Details- • Vehicle models or seating capacity can be entered wrong if the software of the insurance company is not updated with that particular vehicle model. • If you have made any alterations in the vehicle, like seating, LPG kit etc, check whether it has been entered in your policy. • Hypothecation- • If your belongings are hypothecated to any bank or financial institution, the details of the same should be mentioned in the policy. • This is because in case if the property is lost, the claim has to be settled against the financier and not to the insured.

  5. Third Party Insurance The obligations of the insured in relation to the subject matter of insurance to those who are associated with it in case of occurrence of a claim are covered under the third party section of the policy. • For example, if a fire damages a customer’s car in your workshop, you are liable to your customer also. In auto-loans third-party component is compulsory. • Carefully choose them in consultation with an expert in the field and check with the policy documents whether all are covered. • [Source: https://blog.bankbazaar.com/dont-overlook-general-insurance/]

  6. Follow us on https://www.facebook.com/BajajAllianz http://www.linkedin.com/company/653474 https://plus.google.com/+BajajAllianzGIC/posts https://twitter.com/BajajAllianz https://www.youtube.com/user/BajajAllianzGIC https://instagram.com/bajajallianzgeneral/

  7. Click to know more on General Insurance: https://www.bajajallianz.com/Corp/general-insurance/general-insurance.jsp Thank You…

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