Secure yourself and the life of your family with Life Insurance

As everyone knows, problems come anytime and anywhere. God forbid this, but have you ever wondered if something happens to you then how your family will live. Well, for securing you and your family, Vidhya Consultancy comes with a great and an outstanding plan which is known as “Insurance”.
Many people consider it a waste of money. But not so, this is the way by which you protect yourself and your family. If you want to get complete knowledge about the insurance, then visit Vidhya Consultancy. At this place, highly knowledgeable and expert professionals help you in knowing about insurance.
“Insurance is the way that works on the principle of risk-sharing”. In simple words, we can say that this is an equitable transfer of the risk from one to another person. This is an outstanding scheme that saves your money and helps you when you are in trouble.

Types of Insurance:

There are mainly two types of insurance such as General Insurance and Life Insurance. Both the types are categorized into several insurance schemes.

1. General Insurance:

This type of insurance includes those losses which are not covered by the life insurance. General Insurance is categorized into different types of insurance policies such as:

Motor Insurance

When you purchase any new vehicle, then you need to take this policy. This amazing policy covers your motor related risks perfectly. .

Fire Insurance

If you lose your home and many precious things because of the fire, then this is the best policy which helps you in this situation.

Health Insurance

If you are hospitalized and need a huge amount of money for surgery, then this policy provides complete monitory help without any hassle.

Travel Insurance

This type of insurance policy is purchased by the people to ensure their family against any type of travel-related accident as well as losses.

Property Insurance

This type of insurance policy considers home owners insurance, flood insurance, renters insurance, earthquake insurance and many more.

Marine Cargo Insurance

This is a great type of insurance which ensures your goods in case of any damage or loss during transportation.

2. Life Insurance:

If you are thinking about purchasing a life insurance policy then it’s a good idea. With the help of this policy, you can ensure yourself and your family against any type of losses and damages. This policy provides you security in your hard time. This policy also includes many more insurance plans such as:

  • Endowment Plan
  • Whole Life Plans
  • Money Back Plans
  • Term Assurance Plans
  • Rider Plan
  • Pension Plans
  • Unit Linked Plans
  • Health Plans

Amazing Benefits of Insurance:

There are some outstanding benefits of insurance such as:

  • It gives you a financial security for your life as well as property if you are in an unfortunate event
  • It also gives you an utmost relief in Tax payment.
  • It helps in financial planning and saves your hard-earned money for future
  • These policies are used as the security if you need to take a loan.

Procedure for Buying Insurance Policy:

There are some important steps to be considered during purchasing insurance policy such as:

  • First of all, perfectly understand the policy plan which you want to purchase.
  • Make sure that the premium amount is reasonable
  • Perfectly measure that maturity amount is sufficient for you which fulfills your needs.
  • Plan for your other half
  • Add the name of your beneficiaries

Documents required during Purchasing Insurance Policy:

  • Age Proof: It includes PAN Card, Voter’s ID, Passport, Driving License, School/ College Certificate, Birth Certificate.
  • Passport size photograph
  • Income Proof: Salary Slip, Form 16, ITR, Assessment Order, Employers Certificate.

So, without wasting your time, visit Vidhya Consultancy and take services for saving and earning money