Motor insurance: Motor insurance is a mandatory requirement if have a car, motorcycle or scooter. You will have to pay a fine and have your vehicle registration certificate (RC) or driving license (DL) confiscated by the police, if you are driving without a valid motor insurance or a motor insurance policy that has expired.

There are two types of motor insurance - third party insurance and comprehensive insurance. Third party insurance is mandatory for all vehicle owners in India. Third-party insurance will cover your liability towards damages incurred by the third party in case an accident happens with your vehicle. It won't cover damages to your vehicle. Comprehensive motor insurance provides your vehicle complete end-to-end protection against damage caused by accidents or natural disasters like floods etc.

Motor insurance premium depends on the price of the car (in case of a brand new car) or the Insurance Declared Value (IDV) of a car that has completed more than 1 year. Motor insurance is usually valid for a year; you must renew or get a new motor insurance policy before expiry of your current motor insurance. Some motor insurance policies can cover you for multiple years.

Travel insurance: Travel insurance provides financial protection against possible losses that you may suffer when you are travelling by air, especially in overseas travel. It covers you against financial losses due to loss of baggage, trip cancellation, and flight delays. Some travel insurances also cover medical expenses that you may have to incur while travelling.

Home insurance: As the name suggests, home insurance provides financial protection against damages caused to your home and its contents (furniture, home appliances etc) due to man-made (e.g. fire) or natural disasters (e.g. flood, earthquake etc).

Fire insurance: Fire Insurance provides financial protection against losses or damages caused by fire-related incidents. Whether it's a residential property, office, or commercial space, this policy covers the cost of repair or replacement due to accidental fire, lightning, or explosions. It ensures that your building and its contents are safeguarded, helping you recover quickly from unforeseen fire damage without a financial burden. Fire Insurance is a crucial safety net for property owners looking to secure their investments.

Burglary insurance: Burglary Insurance protects your property and valuables against loss or damage resulting from theft, housebreaking, or forced entry. This coverage is ideal for homes, shops, offices, and warehouses where the risk of burglary or break-ins is a concern. The policy typically covers stolen goods, damaged locks, and any destruction caused during the burglary attempt. With Burglary Insurance, you can rest assured knowing that your possessions are secure, and any financial setbacks due to theft are taken care of.