What is Insurance?

Insurance is a contract, represented by a policy, in which an individual or entity receives financial protection or reimbursement against losses from an insurance company. The company pools clients' risks to make payments more affordable for the insured.

Insurance policies are used to hedge against the risk of financial losses, both big and small, that may result from damage to the insured or her property, or from liability for damage or injury caused to a third party.

How Insurance Works
 There is a multitude of different types of insurance policies available, and virtually any individual or business can find an insurance company willing to insure them—for a price. The most common types of personal insurance policies are auto, health, homeowners, and life. Most individuals in the United States have at least one of these types of insurance, and car insurance is required by law.

Life Insurance

As the name suggests, Life Insurance India secures your life from financial losses, which occurred due to the unexpected or premature death of the insurer. In life insurance, the insurer pays a fixed amount of money in the form of premium, to the insurance company,

In return for which company promises to pay a certain sum of money to the family or legal heir of the insurer, on his death or mis-happening. The money the company pays depends upon the contract and premium paid by the insurer. Call us now, your Life Insurance Agent to ensure you and your beloved family.

You will do anything for the ones you love.Thinking about why you need life insurance can be an emotional and stressful task. However, life insurance is one of the most responsible decisions you can make to help ensure that your spouse, children or other loved ones can continue to enjoy the quality of the life they deserve.

1. Life coverage.

2. Death benefits

3. Tax benefits

4. Bonus on investment

Genral Insurance

Motor Insurance: Protection from a financial loss arising out of loss or damage to your vehicle. Protection from liability towards third parties for personal injury. Protection death and property damage on account of any accident involving your vehicle. Cash Less and Hassle free Claim procedure.

Travel Insurance: International travel is exciting. You get to see enchanting landscapes, experience new culture, taste delectable cuisine and explore uncharted territories. However, international travel is an expensive affair. That is why very few individuals manage to undertake an international vacation. Even when you manage to plan an international trip, any unforeseen contingency would strain your budget.

Fire Insurance: Fire insurance policy is suitable for the owner of property, one who holds property in trust or in commission; individuals/financial institutions who have financial interest in the property. All immovable and movable property located at a particular premises such as buildings, plant and machinery, furniture, fixtures, fittings and other contents, stocks and stock in process along with goods held in trust or in commission including stocks at suppliers/ customer’s premises, machinery temporarily removed from the premises for repairs can be insured.

Shop Insurance: As a shop owner, you constantly worry about the hazards your shop and the contents within are exposed to. A sudden crisis at your place - a theft, an employees infidelity, a fire accident, breakage of neon & Glow sign, Money in transit, counter or safe. That is why you need a protective cover like the one Shop Package Insurance offers. Taking care of your business is our business. And we do it well.

Health Insurance

A health insurance plan that covers critical illness means you can insure yourself against the risk of serious illness in much the same way as you insure your car and your house. It will give you the same security of knowing that a guaranteed cash amount will be paid if the unexpected happens and you are diagnosed with a critical illness.

Mediclaim and critical care health insurance coverage with cashless / non-cashless facility and international treatment and Doctors’ second opinion facility. All family members free medical check-up at reputed panel medical centers every year.

Health insurance is the insurance that protects from any health emergencies & incurred hospitalization expenses. In this busy and hectic life, everybody should have a health insurance policy which can be very useful in emergencies. Health insurance is also known as mediclaim policy means the medical policy which has the same meaning.

Motor Insurance: Protection from a financial loss arising out of loss or damage to your vehicle. Protection from liability towards third parties for personal injury. Protection death and property damage on account of any accident involving your vehicle. Cash Less and Hassle free Claim procedure.

Personal Accident Insurance: An accident can happen at any time. And it could leave you with permanent harm or temporary disability, both of which could affect your life and your family. Apart from cover for life and injury, insurance offers other unique and unmatched features Weekly benefit Medical Reimbursement Education Benefit Modification of residential accommodation and own vehicle Ambulance hiring charges.

Travel Insurance: International travel is exciting. You get to see enchanting landscapes, experience new culture, taste delectable cuisine and explore uncharted territories. However, international travel is an expensive affair. That is why very few individuals manage to undertake an international vacation. Even when you manage to plan an international trip, any unforeseen contingency would strain your budget.

Fire Insurance: Fire insurance policy is suitable for the owner of property, one who holds property in trust or in commission; individuals/financial institutions who have financial interest in the property. All immovable and movable property located at a particular premises such as buildings, plant and machinery, furniture, fixtures, fittings and other contents, stocks and stock in process along with goods held in trust or in commission including stocks at suppliers/ customer’s premises, machinery temporarily removed from the premises for repairs can be insured.

Shop Insurance: As a shop owner, you constantly worry about the hazards your shop and the contents within are exposed to. A sudden crisis at your place - a theft, an employees infidelity, a fire accident, breakage of neon & Glow sign, Money in transit, counter or safe. That is why you need a protective cover like the one Shop Package Insurance offers. Taking care of your business is our business. And we do it well.

Disclaimer

Optifin Advisors Financial Services provides comprehensive financial solutions to individuals and businesses, tailored to their specific needs.

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