Things to look for in a General Insurance in India

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<h1>Things to look for in a General Insurance in India</h1><strong> Author: <a href='http://www.articleseen.com/profile_Sam T..aspx'>Sam T.</a></strong><br /><p>While one of the best things to do to ensure your finances is to get a General Insurance, it can be one of the trickiest things to do. The catch here is that you have to make sure that you choose nothing but the best. The age-old saying that “make hay while the sun shines” comes good here. Yet, you need to be doubly sure how to go about it. A General Insurance is something that covers all types of insurance except the life insurance. There are plenty of options available in General Insurance. So the best thing to start with is to check out all of them and shortlist the best ones. Do a thorough research on the following: • Check out the General Insurance Company’s financial status. Ensure that the Co has enough resources to help you out when you need it. • Check out the Company’s insurance history. Do not select a company which has a track record of bad reviews from real customers. Some complaints are there with almost all the companies, yet, if the list is unusually big, overlook that company totally. • Make sure that the Insurance Company you are contemplating is duly licensed and has authorized policies. Take policies only from known and trusted agents. Also ensure that the Co providing insurance has the license to do that. • Ask the Company for the ways in which your insurance claims would be serviced. This is to ensure that you are aware of all the modes and can avoid last minute hassles. Since online is the best mode, do ask the details for an online claims if possible. • There are companies that allow you to have a free period where you can evaluate the policy and then go for it. Try and get the insight before actually investing in this period if available. After you have all your options in hand you need to know how much coverage you need and what kind of a premium you can afford. There are plenty of calculators available even online that help you determine the same. They can usually calculate the premium you need to pay to get specific amount covered or the vice-versa, i.e. how much you will be covered if you pay a specific premium. Make sure that you go for a premium that is affordable to you and the Covered amount is enough to cover most possible big unforeseen expenses. Another very important point to note is the process of filing a claim. Get all details from the Company or the agent and understand it thoroughly. The process should be as simple as possible. If you think the paper work is excessive and unnecessarily lengthy, do not go for the Company’s policy. It is never good to be stuck in a heavy red tape when you are in need. Once all the above discussed facts are in front of you, analyze which policy and Company give you the most.</p><strong>About the Author:</strong><br />Find out more on <a rel="nofollow" href="http://www.futuregenerali.in/GeneralInsurance/Index.aspx">General Insurance</a> and get an insight on the best available deals from the best known <a rel="nofollow" href="http://www.futuregenerali.in/">Insurance Companies</a> in India. <p> Article Source: <a href='http://www.articleseen.com/Article_Things-to-look-for-in-a-General-Insurance-in-India_86225.aspx'> http://www.articleseen.com/Article_Things to look for in a General Insurance in India_86225.aspx</a></p>

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Keywords : General Insurance, India Insurance, Insurance,

Category : Finance : Insurance