In present era Insurance policy is the best way to make secure your properties, assets and happiness. This is another option to invest you money also. If we see the present scenario, we will find grave loss in share investment market. Bulls and Bears are fighting together and investors are going to become insecure day-by-day. We can see impact of bear effect on Indian families, where people invested their liquid and gotten huge losses. Insurance Policy holders are much secure instead of share holders. Because Insurance policy providers invest your money for a long time, and long time investment put positive effect on market where as approx 60% shares are purchased for quick earning and sold after hike. Some time insurance provides you assured return along with covering risk. Because insurance agencies are investing policy holders money in business and properties. That why they are able to provide return on insurance. But if any one invests in companies share (Equity), he is not given any guarantee for return because every business fluctuates according to demand and supply of market. He has to be assure from companys activities of previous fiscal years and he must be. Although you can earn much batter in share trading but still there is not any type of security that can make your investment secure. Through insurance policies, you can cover every risk whether it is related to property, vehicle, Medical or health and related to uncertainty of life. Now we discuss abut the amount of return. When a person takes insurance policy, he is dreamed with high coverage and extra return on investments. Rate of return may vary company to company, who is providing this facility. As far as the risk coverage term is concerned, you get big coverage only if you buy expensive policy. It means return of your risk is depends on courage of bearing risk. General Insurance rates are fixed. In general insurance some insurance policies come that are Auto Insurance- such as 2 wheeler insurance, 4 wheeler insurance, big lorries and trucks; Home Insurance- to protect your home and home accessories from any accidental damage, lost and stolen; Travel Insurance To protect your luggage and make your journey easy; Health Insurance To provide you protection from expenses of medical. It means you can cover each and every thing of your life thorough insurance policies. You can get your business insured also. You can not buy expensive insurance policy for general accidental coverage. But still you cover your risk with an appropriate amount of product. While purchasing general insurance policies, amount of policy is calculated after deducting depreciation of product. And when any accident occurs, you get actual cost of insured item as an insurance claim. You can choose more than one policy while taking life insurance plan, but do not get this option in general insurance such as Auto Insurance and Travel Insurance. It means you can not opt out another policy for assets or property if you already have one. General insurance never return you any single penny, whether some life insurance policies gives you more then your investments. So investors are suggested to invest smartly, so that they could be far from the hassles of loss or maket fragmentations. Please visit us at www.bimadeals.com :Insurance is the subject matter of solicitation
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About the Author:
Author has been engaged in loan and insurance processing for a long time. Currently he is focusing to provide important information on Life Insurance Policy and General Insurance policy. At bimadeals.com we are committed to provide Best Insurance Policies.
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