Property and Casualty Insurance

Property and casualty (P&C) insurance encompasses a range of coverage options that protects individual and business from financial loss related to property damage and liability claims. This sector includes various products, such as home insurance, auto insurance and commercial property coverage.

Marine Insurance

Marine insurance in India is a specialized form of coverage that protects against financial losses related to maritime activities, including the transportation of goods and vessels. Governed by the Marine Insurance Act of 1963, it covers various risks such as damage, loss, or theft during transit.

Liability Insurance

Liability insurance in India provides coverage against claims resulting from injuries or damage to third parties. It is crucial for businesses and individuals, safeguarding them from financial losses due to legal actions. The two primary types are public liability insurance, which covers incidents occurring on business premises, and professional indemnity insurance, protecting professionals from negligence claims. Policies can be tailored to meet specific needs, offering a layer of security in an unpredictable legal environment, thus ensuring peace of mind for insured parties. Read More

Aviation Insurance

Aviation insurance in India is a specialized sector within the insurance industry that caters to the unique needs of the aviation sector. It provides coverage for various risks associated with aircraft operations, including damage to the aircraft itself, third-party liabilities, and passenger injuries. The regulatory environment governing aviation insurance in India is largely shaped by the Directorate General of Civil Aviation (DGCA), which ensures that airlines and operators maintain adequate insurance coverage. This coverage not only protects against physical damage to aircraft but also includes liabilities arising from accidents involving passengers and third parties on the ground. Types of Coverage: Aviation insurance typically includes hull insurance (covering physical damage to the aircraft), liability insurance (covering third-party liabilities), and passenger liability insurance (covering injuries to passengers). Read More

Key Man Insurance

Key Man Insurance (KMI) is a specialized insurance policy designed to protect businesses from the financial loss that may occur due to the death or incapacitation of a key employee. The key individual covered under this insurance is typically someone whose skills, knowledge, or connections are vital to the company's success. This could be the founder, CEO, or any senior management professional who, if lost, would severely impact the company’s financial health or business operations. The policy is owned by the company, and it is the company that is the beneficiary in the event of the insured individual’s death or disability. Read More

Agriculture Insurance

Agriculture insurance in India plays a crucial role in safeguarding farmers against unpredictable weather conditions and natural disasters. It offers financial protection against crop loss, helping farmers maintain their livelihoods. By providing timely compensation, agriculture insurance not only supports individual farmers but also contributes to the overall stability of the agricultural sector, ensuring food security for the nation. Read More