Types of Insurances We are Offering!
A motor insurance policy is a mandatory policy issued by an insurance company as part of prevention of public liability to protect the general public from any accident that might take place on the road.
Health insurance is a type of insurance that covers medical expenses that arise due to an illness. These expenses could be related to hospitalisation costs, cost of medicines or doctor consultation fees.
What does a term insurance do? Term insurance is a type of life insurance policy that provides coverage for a certain period of time, such as 30 years. If the insured dies during the time period specified in a term policy and the policy is active, then a death benefit will be paid.
What is the best life insurance policy for me?
As everyone's situation is different, you'll need to make your own choice as to which product works best for you. However, in general these groups of people choose.
Term Life Insurance Policy
- Main breadwinner
- Stay at home parent
- Business owners
Whole or Universal Life Insurance Policy
- Provide an inheritance to survivors
- High net worth individuals
- Pay for your own funeral expenses
Why do you need life insurance?
Life insurance helps you plan ahead and provides long-term financial security for your family when they would need it most. You can't put a dollar amount on your loved ones, but a term life insurance policy can help ensure their future is protected. Determine how much coverage you need and how long it's needed, and the GEICO Insurance Agency, LLC and its partners can provide an affordable life insurance policy that is the perfect fit for you and your family. Get a life insurance quote online or call us at (888) 532-5433 and get the satisfaction of knowing your loved ones are protected.
Frequently Asked Questions
Life Insurance: Get the answers you're looking for.
What is insurance?
Insurance helps you and your family manage risks. It lets you protect your savings during emergencies. Insurance policies provide coverage against unexpected financial losses. Fundamentally, insurance is a written contract between the policyholder (the person or company that gets the policy) and the insurer (the insurance company).
What is the main purpose of insurance?
An insurance policy gives you financial security during emergencies. It helps you get best-in-class facilities and coverage without worrying about the funds. Additionally, insurance policies ensure you maintain your health and life. For example, health insurance policies give you the benefit of free health check-ups that help you track your health record. Many life insurance policies allow you to save and invest, benefiting you in the long run. These plans help you earn monthly incomes and secure your and your family's future.
What is the process of buying insurance?
You can buy insurance policies after carefully considering and comparing plans offered by various insurers. After deciding which policy to buy, you can purchase the policy online or offline through registered insurance agents. Business2Business lets you compare and buy insurance plans of your choice online in just a few clicks.
What are the different types of insurance policies?
These are the two categories of insurance policies available in India:
Under general insurance, there are several types of insurance coverage:
1. Health Insurance
2. Motor Insurance
3. Home Insurance
4. Travel Insurance
Under life insurance, some of the insurance plans available are:
1. Term Life Insurance
2. Whole Life Insurance
3. Endowment Plans
4. Unit-Linked Insurance Plans
5. Child Plans
6. Pension Plans
What kind of Insurance policies are available?
Business2Business with leading insurers in India to offer a range of insurance policies. You can buy from a range of health insurance, motor insurance, life insurance, savings and investments plans. Also, travel insurance, home insurance, pocket insurance, and pocket subscription plans.Business2Business partnering with leading insurers in India offers a range of insurance policies that include health insurance, motor insurance, life insurance, savings and investments, travel insurance, home insurance, pocket insurance and pocket subscriptions.