general insurance

There are many general insurance policy being marketed by General Insurance Companies , policy term & conditions are written in small letters. Which are never read by customers . Customers are facing problem while lodging any claim . We are giving few guideline ,kindly take care before you opt for General Insurance.

Motor Insurance - When you opt for Vehicle Insurance , never consist agent / Co. to reduce sum insured that well result in reduction of claim amount due to under insurance . Secondly always get comprehensive insurance of your vehicle when it is less than 10 year old , claim is paid after deduction depreciation of parts and excess.

House Hold Insurance/Machinery Insurance :- While getting house hold item insured . Get insured for present replacement value of product . Try to keep purchase bill of items in safe custody . Insurance company will try to verify value of goods from market . If insurance value is less ,then there will be under insurance & your claim amount will be deducted .
Shopkeeper Insurance : While insuring stock of shop or malls ,take insurance value of stock on higher side ,always keep records of stock and daily sale and purchase ,in event of loss ,all records are verified .