subject: Some Useful Info Regarding General Insurance Companies [print this page] Some Useful Info Regarding General Insurance Companies
SMEs (Small Medium Enterprises) are on the scanner of general insurance companies. To insure against hazards of fire, riots and personnel accident and other risks, special schemes are available at attractively low premium. To raise capital through banks, insurance is mandatory.
Shops and Malls
For shops and malls, general insurance companies have customized packages; these cover many risks; including money in safe, money in transit, theft and employee fidelity. Coverage against business interruption and purchase protection are a recent addition.
Bouquet of Services
Foreign and domestic institutional investors look for much more diversified investment avenues than an individual. These would be, IPOs, mutual funds, bulk deals, derivatives and so on. Institutional services obviously involve mega deals. Single interface software, which provides access to various exchanges and services and secure payment gateways are basic essentials. Institutional services may spill over to investment banking needs, to name one, merger and acquisition.
Individuals
Most of us are familiar with only automobile insurance side of general insurance. Many other products have remained largely silent. Insuring the house will be an excellent idea, considering high real-estate values and uncertain social conditions. On the same lines, household goods, jewelry are so expensive, not many can withstand losses. Health insurance to protect against accidents and sudden ill health is becoming an essential precaution. The hospitals offer ultra-modern facilities but the bills are also hefty now a days. People who carry costly items like cameras, laptops, equipment on their journeys will find travel insurance a peaceful sedative. General insurance companies are innovating every day. They announce new products frequently. Where are these products available? Some share brokers have added these services to their portfolio. Using a common online account, you can buy most of the insurance products, equities and other financial instruments; you do not need leave home or office for such services.
