Briefly explain the procedure of obtaining the policy

Question

Mr. Avinash is running a business all over India. He lives in a Baramula area of Jammu & Kashmir. He has a car for business purpose and has insured his car with New India Insurance Co. Apart from third party Insurance which Insurance would you suggest to Mr. Avinash to cover the other risks also and why? Briefly explain the procedure of obtaining the policy?

Answer 1

Mr. Avinash is running business all over India. There are many types of risks involved. We will suggest to Mr. Avinash take policy which covers multiple risks like fire, explosion, burglary, riot and strike, earthquake, flood, storm, accidental external means, acts of terror, landslide etc.
We will suggest him to take a comprehensive motor policy. 1.Select Type of Policy · 2. Choose the Add-ons With your Comprehensive Car Insurance Policy 3. Select Reputed Insurer and Pick a Policy 4. Check Policy documents and basic information 5. Make payments 6. Get a copy of policy documents.