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General Insurance

Cover for the things you own and the liabilities you carry — home, shop, travel, personal accident. The policies nobody thinks about until the year they matter.

Ask about this Read the risks first

Why it helps

What this actually does for you

The concrete benefits, without the sales language.

Your home is probably your largest uninsured asset

Households insure a five-lakh car and leave a fifty-lakh home bare. Structure and contents cover costs surprisingly little against what it protects.

A business interruption is a double loss

Shop and SME policies cover not just damaged stock and premises but, with the right add-on, the income lost while closed.

Personal accident fills a gap term insurance leaves

Term pays on death. Personal accident cover pays on disability — the scenario where income stops but expenses rise.

Travel mishaps are cheap to cover and expensive to face

Overseas medical bills, lost baggage and cancellations cost a fraction to insure compared to facing them uncovered.

Who it suits

Honestly, who should and shouldn’t

Most sites only show you the left column. The right one matters just as much.

This is for you if

You own a home — whether or not a bank made you insure the structure
You run a shop, clinic or small business from physical premises
Your household income depends on one person remaining able to work
You travel abroad, where uninsured medical costs are genuinely dangerous
You keep meaningful contents — equipment, appliances, jewellery — at home

This isn’t for you if

Almost nobody entirely — the honest caution is against wrong cover rather than no cover
You expect maintenance, gradual wear or unexplained loss to be claimable; they are excluded
You are underinsuring the structure to trim premium — underinsurance scales every claim down proportionately
You want investment features; general insurance is pure protection with no maturity value
You are buying travel cover after the trip has already gone wrong

When in life

When this belongs in your plan

The same band appears on every product page, so you can compare three products at a glance.

22 – 30

Starting Out

Rented-home contents cover and travel policies — small premiums, real protection.

30 – 45

Building

Home ownership arrives. Structure, contents and personal accident become core.

45 – 58

Consolidating

Assets peak. Business cover, higher contents values, and policies reviewed together.

58 +

Second Innings

Home cover continues; travel cover needs age-appropriate variants with honest disclosure.

Highlighted stages are where this product usually fits

How to start

5 steps

What actually happens, in order.

STEP 01

List what you actually own

Structure, contents, equipment, vehicles, and the liabilities attached to each.

STEP 02

Insure the structure at rebuild cost

Not market price — land does not burn. Rebuild cost is the honest number.

STEP 03

Value the contents realistically

Walk the house room by room. Most people are startled by the total.

STEP 04

Add personal accident cover

Sized to income, covering disability as well as death.

STEP 05

Diarise the renewals

General policies are annual and lapse silently. One reminder covers all of them.

What to watch

Read this before you commit

The things a sales conversation tends to skip.

Underinsurance quietly shrinks every claim

Insure a home at half its rebuild cost and the insurer may pay every claim at half — not just the total-loss one. It is called the average clause, and it surprises everyone it meets.

Exclusions do the heavy lifting in these policies

Wear and tear, gradual deterioration, unattended property, undeclared business use — the wording decides the claim, so read it before the event.

Travel cover must exist before the trip does

Policies bought after departure, or claims for conditions not disclosed, fail predictably.

Jewellery and valuables often need declaration

Standard contents cover caps individual items. High-value pieces need listing, sometimes with valuation.

Claims need evidence

Photographs, invoices, FIRs where applicable. The claim experience is decided by what you can show, and the time to prepare is before the loss.

Questions

Common questions

Is home insurance worth it if I own outright?

More so, arguably — no lender forced you, so nobody is covering the largest asset you have unless you do. Structure cover is inexpensive relative to what it protects.

What is the difference between market value and rebuild cost?

Market value includes land, which fire and flood do not destroy. Structure insurance should be set at the cost of rebuilding the building itself.

Does personal accident duplicate my term insurance?

No. Term pays on death. Personal accident pays on death and on disability — including the partial and temporary disabilities that stop income without ending life.

Are shop policies only for large businesses?

No. Standard SME packages cover small shops, clinics and offices — stock, equipment, premises, and optionally the income lost during closure.

What do these policies never cover?

Gradual wear, poor maintenance, unexplained disappearance, and losses from undeclared use. The exclusions list in the wording is short reading and worth doing.

Get started

Ask about general insurance

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