Knowledge Centre

  • Knowledge is power
  • Information is liberating
  • Education is the premise of progress, in every society
Insurance | December 07
Everything you need to know about general insurance

We are surrounded by valuable things which need to be safeguarded like our car, house, health, etc. Any kind of loss or threat can prove to take a major toll on our financial and emotional well-being.  We might not have any control over the uncertainties that life brings but we can surely look for options to protect and indemnify through the insurance policy. General insurance provides financial protection against loss or damage or other liabilities to everything around us except our lives. For each of the products there are different general insurance available:

1. Health Insurance: Health being one of the most important parts of our lives, such policies have to be purchased as a priority. They help in protecting any financial liability arising out of medical expenses due to ailments or accidents.

2. Motor Insurance: Mandatory by law under the Motor Vehicles Act 1988, this insurance indemnifies any expenses related to self, vehicle, and third-party.

3. Travel Insurance: Travels can turn out to be an event of worries with incidents like flight delays, baggage loss, hijack distress, and medical emergencies. To cover all these domestic and internationally, there is travel insurance available.

4. Home Insurance: Owning a home is a dream come true in terms of emotions as well as investments. Hence it is important to ensure it against any man-made or natural catastrophes with a home insurance policy.

5. Other Insurances: Apart from the afore-mentioned day-to-day necessary insurance policies, there are an array of other general insurance products like commercial insurance (protecting business-related risks), crop insurance, corporate insurance, fire insurance, property insurance, and many more.

We tend to spend plenty of money on buying the desired items or building the expensive property but often fail to invest a fraction of the amount on the required cover. Findoc can help you to understand which policy is best suited for your requirement.

COMMENTS

No Comments Found

Contact Us

img
img
img
img
img
img

Important Message The information contained in this file is provided for informational purposes only, and should not be construed as legal advice on any matter. The content and interpretation of the law addressed herein is subject to revision. We disclaim all liability in respect to actions taken or not taken based on any or all the contents of this file to the fullest extent permitted by law. Every effort is made to avoid errors. In spite of that, errors and discrepancies may creep in. It is expressly stated that neither Findoc Investmart Private Limited nor any of the contributors of updates will be responsible for any damage to anybody on the basis of this document. Readers are, therefore, requested to cross check with the original sources e.g. Government publications, Orders, Judgments etc., before taking any action or making any decision. These services are being provided through our group companies Findoc Capital Mart Pvt Ltd and Findoc Finvest Private Limited

Attention Investors
  • 1. Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020.
  • 2. Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge.
  • 3. Pay 20% upfront margin of the transaction value to trade in cash market segment.
  • 4. Check your securities / MF / bonds in the consolidated account statement issued by NSDL/CDSL every month.
No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries forrefund as the money remains in investor's account."
Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactionsin your demat account directly from NSDLon thesame day.....issued in the interest of investors."
KYC is a one-time exercise while dealing in securities markets-once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary." | (As instructed by SEBI, We hereby declare that we do engage in proprietary trading in all segment across the exchange.)
Effective communication & Speedy redressal of the grievances a. Register on SCORES portal b. Mandatory details for filing complaints on SCORES: i. Name, PAN, Address, Mobile Number, Email ID c. Benefits: i. Effective communication ii. Speedy redressal of the grievances link: https://scores.gov.in/scores/Welcome.html

FINDOC INVESTMART PVT. LTD./FINDOC FINVEST PVT LTD.

Registered Office :

SCO 210-211, Sector 34-A Chandigarh-160022

Corporate Office :

4th Floor, Kartar Bhawan, Near PAU Gate No.1, Ferozepur Road Ludhiana -141001.