K.S. RAWAT
INSURANCE ADVISOR
LIFE INSURANCE, GENERAL INSURANCE & HEALTH INSURANCE
ADDRESS: E-293/13 KHAJOORI KHAS, DELHI 94
MOB: 9990263077
EMAIL: KSRLIC8505@GMAIL.COM
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FOLLOWING ARE SOME BRIEF DETAILS OF INSURANCE PRODUCTS:
What is life insurance! Life insurance is a contract between insured person and LIC under which a sum of money is paid to him or his heirs, on the happening of a certain event. The income of the family depends upon the KARTA. In case of death of the karta, the income of the family also ceases and under these circumstances the family is left in a difficult situation. Life is uncertain and this uncertainty in the risk due to which the necessity of some coverage against the financial loss arises.
Benefit of life insurance:
- Financial security to the family can only be provided by the life insurance.
- This is better than an ordinary saving scheme.
- It gives security against creditors.
- Income tax relief is assured.
- Loan can be raised on the security of the policy.
Fire Insurance
Only standard fire and special perils policy with the permitted “ add-on” cover if any, can be issued.
Marine Insurance
The Term marine cargo insurance and transit insurance are virtually identical. This branch deals with insurance of goods whilst in transit by ship, Air, Rail road or courier. The insurance provides protection against various risks such as fire, explosion, collision, theft, breakage etc. Coverage of inland transit clause “A” all risk , “B” Basic cover & C
Engineering Insurance
EEI Policy may be given to the owner, lesser or Hirer of equipments.
Machinery Breakdown insurance
Machinery Insurance policy covers the insured machinery against sudden and unforeseen loss or damage occurring whilst.
Burglary Insurance
Any kind of movable property like stock, stock-in-trade, goods in trust, Plant & machinery, fixtures, filling etc. can be covered under burglary Business Premises policy.
Cattle Insurance
The work “Cattle” refers to the following animals whether indigenous, exotic crossbred , within the age limit indicated – Milch cows 2 year to 10 year – Milch Buffaloes 3 year to 12 year.
Critical illness Insurance Policy
Critical illness policy is an exclusive benefit policy for individual in the age group 18 to 60 years covering the following critical ailment.
- Coronary Artery surgery
- Cancer
- Renal failure i.e. failure of both kidney
- Stroke
- Multiple scierosis
- Major organ transplant like kidney, lung pancreas
- Paralysis & blindness at extra premium
Professional Indemnity Insurance
This category of insurance covers the legal liability which profession may incur due to Errors and or Omissions on their part whilst rendering service. It cover for Doctors, Medical Establishments, Engineers, Architects, Chartered Accountant, Lawyers, advocates, solicitors etc.
Health Insurance
- Mediclaim Policy (Individual)
- Family Floater Policy
- Group Mediclaim Policy
