Liability insurance policy offers protection to individuals and businesses from legal payouts that the policyholder is liable to pay or is sued for. However, claims filed for intentional damages, criminal prosecution, and contractual liabilities are not covered in a Liability insurance policy.

Credit insurance is a type of insurance policy purchased by a borrower that pays off one or more existing debts in the event of a death, disability, or in rare cases, unemployment.

Contractor’s All Risk Insurance offers comprehensive and adequate protection against loss or damage in respect of contract works, construction plant and equipment and/ or construction machinery, as well as third party claims in respect of property damage or bodily injury arising in connection with the execution of a civil engineering project. This policy is extremely useful for consulting engineers, architects and financiers because it contributes to reducing the overall construction expenses and at the same time offers efficient financial protection for all parties concerned.

The productivity of any business is dependent on several factors. Employee satisfaction is a significant factor that impacts the way businesses start, grow, and thrive in this competitive environment. To keep their employees happy andengaged, organizations offer many benefits in the form of sick leaves, privileged leaves, etc. One such benefit is the Group Policieswhich take care of all major unexpected events that may come in the life of the employees. Group Medical Policy and GroupPersonal Accident Policy, both offer substantial medical and financial coverage to the employees to protect their welfare.

Fleet insurance covers a fleet of vehicles. These can be registered in the name of a company, a partner or director of the company, allowing one policy to cover the whole business.It savesa lot oftime, effortsinvolved inrenewing oldpolicies, and purchasing additional one. It also aids in saving a lot ofmoney.

IAR is a wide and comprehensive cover for the large sized business where the assets at all locations of the insured exceeds Rs.100 Crores. It is an all risk policy covering a wide range of perils such as fire and allied perils, burglary, accidental damage, breakdown as well as business interruption.

Fire insurance is a form of property insurance that covers damage and losses caused by fire. To claim fire insurance two conditionsneed to be met.First,there must be an actual loss due to fire andsecond,the fire must must be accidental.

Commercial insurance is primarily meant to cover businesses against losses that arise out of damages to property, injury of employers, public and employer’s liability and various other unforeseen situations. Commercial insurance is also popularly known as Business insurance. It is an umbrella term that covers various aspects of businesses that are listed below:

• Property Insurance including business interruption– Ideal Insurance offers business interruption insurance that covers physical losses or damages that might occur to natural disasters of fire perils.
• Commercial Motor Insurance- Ideal offers commercial motor insurance policy that covers vehicles carrying goods, passengers, vehicles like cranes, trailers, tractors, etc. The key benefits that we offer are protection to the insured vehicle against loss or damages, third party claims arising out of death or injury as well as personal accident cover.

“Home is where the heart is”. We have heard this a lot. But, we do spend some of our most precious moments of life in the comfort of our home and it is thus, the most important asset. Like every asset needs protection, even our homes require protection and the most reliable form of security is home insurance.

In this type of insurance, the insurer and the insured enter into a contract, as per which, the insurer is legally bound to pay an amount that will take care of the damages to property, in any untoward situation* that may occur.

The insurance cover is applicable in situations like fire and allied perils, burglary or break-in, loss of insured jewelry, appliances like refrigerator, washing-machines etc., sanitary fittings, personal baggage, personal accidents and legal liability to domestic servants.

In a world that thrives on global connections, travel is now an essential part of our being. Whether we are travelling for business or pleasure, travel insurance keeps us covered for any risk or unpredictable circumstance that may arrive during the trip.

The travel insurance cover is usually applicable on sudden medical emergencies, financial losses, missing or lost baggage, loss of passport and other specific untoward situations.

There are a few exceptions to the policy and we believe in keeping our clauses transparent from Day 1. Under the following circumstances, no claim will be paid by Ideal Insurance.

Motor Insurance is driven by the phrase, “use it or lose it”. In India, more than 1200 road crashes occur every single day. Assuming that, you will follow the traffic rules and nothing wrong will ever happen is the mistake that can lead to a huge financial loss, unless your vehicle has an insurance coverage in place. While the Indian Law makes it mandatory to insure your vehicle against third party liability, it is prudent to have a comprehensive coverage. A comprehensive motor coverage empowers both the parties,involved in the accident, with coverage in case of loss. It helps restore the financial status to the state it was before the loss actually happened.

Motor insurance is a contact between a vehicle owner and an insurance provider wherein, the latter compensates for losses arising out of accidents, theft, third-party injuries or death. It could also cover personal injuries to you or your passengers.

You can never be prepared enough for the unpredictability of life. Our current lifestyles, sudden health conditions can wreak havoc on our financials. This strain further leads to stress factors and then eventually lead to more health problems.

Today, health costs are rising at an alarming rate of 20% p.a. 80% of hospitalization expenses are covered by taking a loan or selling of assets. Penetration of health insurance in India is only 1.2 % as compared to 84% in the U.S. Also,we do not receive any form of Social security from the government. Keeping all of this in mind, we should insure our health today so that our health conditions do not drain out our savings.