5 of the types of general insurance you probably didn’t know existed.

In India, general insurance usually includes travel, home, health & motor insurance plans. However, there are numerous other general insurance plans out there - some of them you’ve never heard of and some of them you won’t believe exist. This article will take a look at 5 such general insurance plans. Read on to be pleasantly surprised.



1. Insurance for body parts.

This is quite a common concept in the western world and it is picking up steam in India too. Numerous actors, actresses, sportsmen and sportswomen have started to insure their body parts. Priyanka Chopra is believed to have insured her smile whereas Sania Mirza has apparently insured her hands.

2. Voice insurance.

We all know how important it is for a singer to have a good voice! That’s why many noteworthy singers have insured their voice from unfortunate events. This ensures that even if something were to happen to their voice, they would receive a good amount of compensation. One famous singer who has got her voice insured is our very own nightingale Lata Mangeshkar.

3. Pet insurance.

For most of us, pets are more than pets, they are family. Therefore, it makes sense that pet general insurance has become a huge thing in India. Numerous pet owners have opted for such plans to cover their furry family friends. These plans usually provide protection against diseases contracted during the period of insurance.

4. Insurance for weddings.

Indian weddings are quite the spectacle. Ceremonies are getting grander and grander by the day! However, weddings can get cancelled or postponed resulting in a huge financial loss. This is why wedding insurance has become very popular in India. It minimises losses in case the wedding doesn’t go according to plan.

5. Kidnap insurance.

Almost every year, roughly 1.5 billion dollar is paid as ransom to kidnappers. Kidnapping might seem like a rare occurrence but it’s a real danger and it makes sense to prepare for such an event. The best way to do this is to get kidnapper insurance. There are numerous plans that will help pay for the ransom in case of a kidnapping.

 6. Key person insurance.

Some employees are integral to the success of a company. They have a great vision and ensure continuous growth of the organisation. Due to the importance of such individuals, many insurance providers now offer key person insurance. These plans can be purchased to cover the life of an important employee.

These were just some of odd types of insurance plans available today. There are numerous other types of insurance out there such as contest insurance, cold feet insurance, divorce insurance, etc. This is because different people consider different assets, occasions and things as precious. Insurance companies have taken note of this and introduced different types of insurance plans to cover these elements.

We hope that this article has made for an entertaining and informative read. Good luck and all the best!

Comments

  1. Generally, Insurance is a plan which you buy for the protection of yourself and your entire family, insurance provides financial support against any unforeseen events. You can get insurance for your car , health, life and much more. It works as a regular payment of a premium, you can get the sum assured and financial benefit of your insurance.
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  2. Thanks for sharing the blog, seems to be interesting and informative too. Can you suggest some of the interesting places to visit for Insurance Calculator

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