You are on page 1of 8

CORPORATE

INSURANCE
Insurance
It is a contract between a
insurance company and
insurer to provide
financial protection or
claim against losses and
damages.
Types of insurance
General Insurance
1 HOME INSURANCE
It is a from of property insurance that covers
losses and damages to an Individual’s House
and Assets in the home.
2 HEALTH INSURANCE
It covers medical and surgical expenses of an
insured individual.

3 MOTOR INSURANCE
It protect your vehicles from potential risks
financially. 3 type of motor insurance 1. Care
insurance, 2. Bike insurance, 3. HeavyVehicle
insurance
4 TRAVEL INSURANCE
It covers different risks while traveling, like
Medical expenses, Lost luggage, Flight
cancellation and other losses.
Life Insurance
1 TERM LIFE INSURANCE
It is a type of life insurance policy that
provides coverage for a certain period of
time, or a specified “ Term” of years.
2 WHOLE LIFE INSURANCE
1)Is a guaranteed to remain in force for the
insured’s entire life time, provided required
premiums are paid to the maturity date.
3 ULIP INSURANCE
It is a combination of Insurance + Investment.
It provide you with the benefit of growth of
your money along with a life cover.

4 ENDOWMENT INSURANCE
Surety of receiving the intended sum at
maturity period 10,20,30 years
Why Insurance
is neccesary
•Risk Management
•Financial Protection
•Investment Purpose
Why people are afraid of Insurance?
1 Lack of awareness or understanding

2 Extra Cost

3 Trust issues

4 Complexity of policies
Thank
you
TEAM 6
MANBIR SINGH
CHAITANYA VASHISHTH
ANKIT BARNWAL
KAUSTUBH SINGH
CHETAN THAKUR
ARYAN TEGTA
DIXIT SURYA

You might also like