Property
Personal and business property insurance that covers risks against fire, theft and burglary. The types of insurance under this category are:

• Home Insurance/Domestic cover
• Business insurance
• Commercial Insurance

Casualty
This protects the insured against injury or damage claims made by a third party. The types of insurance under this category are:

• Motor vehicle insurance
• Workers compensation
• Liability insurance
• Aviation insurance
  

Health
Incase of an illness or injury suffered by the insured or his/her dependents, health insurance covers their medical expenses incurred. The types of insurance under this category are:

• Hospital Insurance
• Medical cover
  

Insurance products allowed in India
Life insurance products can be broadly divided into 9 categories, which include disabled, money back, pension women, girl-child, couple, endowments, whole life and child insurance.

Money back
>> Jeevan Sanchay
>> Money back with profits policy
>> Jeevan surabhi

Pension
>> New jeevan dhara
>> Jeevan suraksha with life-cover
>> Jeevan suraksha without life-cover plan
>> Jeevan suraksha endowment plan

Women, Girl child and Couple

• Jeevan saathi-for married couples
• Jeevan saritha-for married couples
• Jeevan sneha-for woman only
• Jeevan sukanya-for the girl child

Endowment

• Jeevan shree
• Endowment policy without profits
• Endowment policy with profits
• Limited payment endowments with profit
• Jeevan mitra
• Jeevan mitra-triple cover
• Bima kiran
• Jeevan griha

Whole life

• Whole life policy with profits
• Limited payment whole life
• Convertible whole life

Child insurance policy

• Jeevan kishore
• Children's money back policy
• Children's deferred assurance plan
• New children's deferred assurance plans
• Bal vidya

Disabled

Non-Life insurance products can be found in areas like health, business, automobile, fire, travel and general.
Health

• Medi claim policy
• Personal accident-individual
• Personal accident-family
• Group accident insurance
• Jan arogya bima policy
• Bhavishya arogya policy
• Traffic accident policy

Business

• Burglary Insurance for Business premises
• Shopkeepers' Insurance Policy
• Key-man Insurance
• Partnership Insurance
• Workmen's Compensation Insurance
• Fidelity Guarantee Insurance
• Professional Indemnity Insurance
• Machinery Breakdown Policy
• Boiler Explosion Insurance Policy
• Contractor's Plant & Machinery Insurance Policy
• Contractor's All risks Policy
• Industrial All Risks Policy
• Air Transit Insurance Policy
• Inland Transit Insurance Policy
• Loss of Stock in Cold Storage Insurance Policy
• Product's Liability Insurance

Fire Insurance

• Fire insurance policy
• Fire consequential loss policy

Travel

• Overseas Mediclaim Policy
• Videsh Yatra Mitra
• Baggage Insurance Policy
• Executive Travel Insurance
• Suhana Safar

General insurance

• Money insurance
• Television Insurance Policy
• Pager Insurance Policy
• Mobile Phone Insurance

Insurers providers
The key player in the Life insurance segment is the Life Insurance Corporation of India (LIC). They have a variety of insurance plans to choose from. These plans cater to all categories of people and to their diverse needs. As a policyholder you become entitled to tax benefits. The maturity amount is exempt from Income tax in the year of receipt under section 10(10)D of the Income Tax Act. They offer a host of schemes the details of which are available on bimaonline.

In the non-life segment, GIC together with its four subsidiaries serves the traditional, industrial, commercial, financial and household sectors of the economy. It offers a wide and diverse mix of traditional and non-traditional insurance covers. From professional indemnity cover to schemes relating to employee welfare, policies covering almost every conceivable peril and asset such as prawns, silkworms or even failed wells. To find out more about policies offered in this segment visit bimaonline.

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