General Insurance
Motor, home, travel, shop and personal accident cover for everything else you own.
What it is
General insurance covers assets and liabilities rather than lives — your vehicle, your home, your shop, your travel, and your own ability to earn after an accident.
Motor third-party cover is compulsory by law in India. Own-damage cover is not compulsory but is the part that actually pays for your own vehicle, and the two together form a comprehensive policy. Add-ons such as zero depreciation and engine protection matter more on newer vehicles than the brochures suggest.
Home insurance is inexpensive and badly under-bought. It covers the structure, the contents, or both, against fire, burglary and specified perils. For a shopkeeper, a shop policy covering stock and premises is often the difference between a bad week and a closed business.
Personal accident cover is the quietly important one. It pays on death or disability from an accident, including permanent disability that ends your ability to earn — a risk most people insure far less carefully than their car.
Get started
Explore general insurance options
Insurance is the subject matter of solicitation. Policies are issued by the respective general insurer; premium, exclusions and claim settlement are governed by their policy wording.
At a glance
The options, side by side
| Cover | What it protects | Note |
|---|---|---|
| Motor — third party | Legally mandatory | Covers damage to others |
| Motor — comprehensive | Third party plus own damage | Covers your own vehicle too |
| Home | Structure and contents | Fire, burglary, specified perils |
| Shop / commercial | Premises and stock | Fire, burglary, business interruption |
| Travel | Overseas medical, baggage, delay | Often mandatory for visas |
| Personal accident | Death and disability from accident | Pays regardless of other cover |
Before you commit
What could go wrong
- Every general insurance policy has exclusions. Read them — this is where claims are won and lost.
- Under-insuring a property or stock can trigger an average clause, reducing the claim proportionately.
- Motor claims may be declined if the driver held no valid licence, or if the vehicle was used commercially under a private policy.
- Cover ceases the moment the policy lapses. Renew before the expiry date, not after.
Mutual fund investments are subject to market risks. Read all scheme related documents carefully. Insurance is the subject matter of solicitation. Loan and deposit products are governed by the terms of the respective lender or issuer.
It satisfies the law and protects you against claims from others, but it pays nothing at all towards your own vehicle. For any vehicle you would struggle to replace out of pocket, comprehensive cover is the sensible choice.
Usually yes, particularly for contents. Premiums are small relative to the sum insured, and the housing society's policy — if one exists — typically covers only the building structure, not what is inside your flat.
We help with documentation and follow-up with the insurer. The claim decision rests entirely with the insurer under the policy terms, and we have no ability to influence it.
Ready to put a strategy behind your money?
Sit with us for a free, no-obligation conversation about your goals — at our Indore office, or over a call at a time that suits you.
