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Insurance

Protection that Stays with You

What Is Insurance?

Insurance is a financial protection tool that helps you manage risks and uncertainties in life. By paying a small premium, you transfer the financial burden of unexpected events—such as death, illness, accidents, or asset damage—to an insurance company. In return, the insurer provides financial compensation or coverage as per the policy terms.

Insurance ensures financial stability, peace of mind, and security for you, your family, and your assets.

Why Is Insurance Important?

Financial Protection

Protects you and your family from large, sudden expenses.

Transfers financial risk from individuals to insurers.

Allows you to focus on life without constant worry about uncertainties.

Some insurance types (like motor insurance) are mandatory by law.

Supports goals like family security, healthcare, retirement, and asset protection.

Types of Insurance

Life Insurance

Life insurance provides financial security to your family in case of your unfortunate demise. Some plans also offer savings, investment, and retirement benefits.

Types of Life Insurance
  • Term Insurance – High coverage at low cost (pure protection)

  • Whole Life Insurance – Lifetime coverage

  • Endowment Plans – Insurance + savings

  • Money Back Plans – Periodic payouts

  • ULIPs – Market-linked insurance + investment

  • Child Plans – Secure child’s education and future

  • Retirement / Pension Plans – Post-retirement income

Key Benefits
  • Income replacement for family

  • Loan and liability coverage

  • Wealth creation (select plans)

  • Tax benefits under Section 80C & 10(10D)

Health insurance covers medical expenses related to illness, injury, or hospitalization, helping you manage rising healthcare costs.

Types of Health Insurance
  • Individual Health Plans

  • Family Floater Plans

  • Senior Citizen Plans

  • Critical Illness Plans

  • Top-up & Super Top-up Plans

  • Maternity Cover

  • Personal Accident Insurance

Key Benefits
  • Cashless hospitalization

  • Coverage for pre & post hospitalization

  • No Claim Bonus (NCB)

  • Preventive health check-ups

  • Tax benefits under Section 80D

General insurance (Non-Life Insurance) protects your assets and liabilities against losses due to accidents, theft, natural disasters, or legal claims.

Types of General Insurance
  • Motor Insurance (Car & Two-wheeler)

  • Home Insurance

  • Travel Insurance

  • Personal Accident Insurance

  • Gadget Insurance

  • Business & Commercial Insurance

    • Fire Insurance

    • Marine Insurance

    • Liability Insurance

    • Workmen Compensation

    • Cyber Insurance

    • Professional Indemnity

Key Benefits
  • Asset protection

  • Legal liability coverage

  • Mandatory compliance (motor insurance)

  • Customizable add-ons

How Insurance Works

  1.  Choose an insurance policy based on your needs.

  2.  Pay a premium (monthly/quarterly/annually).

  3.  Insurance coverage starts as per policy terms.

  4.  In case of an event, file a claim with documents.

  5.  Insurer settles the claim as per policy conditions.

  6.  Renew the policy to continue protection.

Key Features of Insurance

  • Risk coverage

  • Premium-based protection

  • Customizable plans & riders

  • Cashless facilities (health & motor)

  • Tax-saving benefits

  • Long-term security

How to Choose the Right Insurance

Consider the following:

  • Your age, income, and dependents

  • Health condition and lifestyle

  • Asset value and liabilities

  • Coverage amount (sum insured)

  • Policy exclusions and waiting periods

  • Claim settlement ratio of insurer

  • Premium affordability

Who Should Buy Insurance?

  • Individuals with dependents

  • Working professionals

  • Families

  • Senior citizens

  • Business owners

  • Vehicle and property owners

  • Anyone seeking financial security

Insurance is not an expense — it is a financial necessity. Whether it is life insurance for family protection, health insurance for medical security, or general insurance for asset protection, the right insurance plan safeguards your present and secures your future. A well-planned insurance portfolio ensures peace of mind and financial stability in every stage of life.

Investment Solution

  • Mutual Funds & SIP

    A Mutual Fund is an investment vehicle that pools money from multiple investors and invests it in a diversified portfolio of assets such as equities

  • Fixed Deposit & Corporate FD’s

    Fixed Deposits (FDs) have long been a preferred choice for conservative investors seeking assured returns and capital protection. Offered by banks and NBFCs, FDs allow you to deposit

  • Bonds / NCD

    Bonds are fixed-income instruments issued by governments or companies to raise capital, paying periodic interest and returning principal at maturity.

  • Government Bonds & Debt Instruments

    In today’s unpredictable market landscape, many investors look for avenues that offer stability, regular income, and capital preservation.

Insurance

  • Life Insurance

    Life insurance is a financial protection plan that ensures your loved ones remain financially secure in case of your untimely demise.

  • Health Insurance

    Health insurance provides financial protection against medical expenses due to illnesses, accidents, and hospitalization. Even if you are healthy today, medical emergencies can arise at any time.

  • General Insurance

    General Insurance provides financial protection against non-life risks such as accidents, health emergencies, property damage, theft, or liability.

Loans

  • Loans Against Security

    A Loan Against Security is a credit facility where you pledge your financial investments—such as mutual funds, shares, bonds, insurance policies, or fixed deposits

  • Loans Against Mutual Funds

    At Wealthmart Global, our Loans Against Securities (LAS) solution empowers you to access funds without having to liquidate your long-term investments.

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