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Insurance

 
 
 
 
 
 
Types of Insurance

There are basically two kinds of insurance,
 

Life Insurance, and

General or Non–Life Insurance


Life Insurance provides for the payment of a stated sum to the beneficiary in the event of death during the term whereas in non life Insurance, the Insurer indemnifies the insured for the financial loss suffered by an asset due to contingencies like fore, flood, theft, etc. Life Insurance covers human lives whereas Non Life Insurance covers the rest mainly classified into marine, fire and miscellaneous.

Way2Wealth offers the following types of Insurance under each type:

 
Life Insurance
 
Group Policies Individual Policies
  • Credit Covers

  • Employees Term Cover

  • Gratuity

  • Superannuation

  • Children’s Plans

  • Endowment

  • Money Back

  • Retirement Plans

  • Term

  • Unit linked Plans

  • Whole-Life

 
 
General or Non-Life Insurance
 
Industrial Personal
  • Burglary Policy

  • Contractors All Risk Policy

  • Contractors Plant and Machinery Policy

  • Electronics Equipment Policy

  • Fire Policy

  • Machinery Breakdown Policy

  • Marine-cum-Erection / Storage-cum-Erection Policy

  • Householders Policy

  • Mediclaim Policy

  • Money Insurance

  • Motor Policy

  • Overseas Mediclaim Policy

  • Personal Accident Policy

 
 

To know more call your nearest branch or email us at contact@way2wealth.com.
 

 
 

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