Life Insurance
Life Insurance is an essential tool in today’s fast-paced life packed with uncertainties. It is a great tool to help protect your loved one’s in case of a mishap, plan for a future stage in life, savings in the long term & Tax saving.
Things to know before buying Life Insurance:
- Should Life Insurance be a part of my financial plan/strategy?
- Should Life Insurance be bought only to cover the financial risks?
- What is the appropriate amount of Life Cover I should choose so that my family’s future is secure in case of my absence?
- Are there any other aspects that I should consider while choosing a Life Insurance policy?
- How can I be sure that the Life Insurance policy being offered is right for me?
Health Insurance
MEDICAL costs have been rising fast over the years. The health cover that you bought a few years ago, might not be enough at the current stage due to rising medical costs. The real problems starts when you cross the age of 50, as this is the time you need health cover the most. Given the current rate of inflation in medical costs, the cover you bought years ago may not be able to support even half your medical bills. Here is an example. If the cost of heart surgery today is Rs.2 lakhs, 15 years down the line it could be as high as Rs.16 lakhs, if we assume a yearly rise of 15 per cent. Rising premium rates is another issue. The fact is Doctors’ salaries go up, Rentals go up & logically hospitals increase their cost. Thus your premium has to go up. Are you ready to bear the burden? Will your health insurance policy be able to support you during the later stages of your life? It is important to get the answers right.
Motor Insurance
You have spent you hard earned money to purchase your dream vehicle. Now let’s protect it too. Motor Insurance is essential to avoid the financial losses that one might incur due to an accident or theft of your prized Automobile. By Law, Motor Insurance is a mandatory pre-requisite, for all vehicles, in order to drive them around the varied landscapes of our beautiful country. So whether you own a Car, Motorcycle, Scooter, etc. a Motor Insurance Policy is a must have. Various types of covers are offered by Insurers for your need and budget. A pre-determined value is considered according to the Insured Declared Value (IDV) of the vehicle for the premium to be paid by the policyholder, periodically. IDV is basically the current market value of the vehicle as per the insurer’s estimates. RAP INFOSYSTEMS & INSURANCE PVT. LTD. lets you compare & choose the best coverage option for your prized possession.
Other Insurances
Business Insurance
Get coverage against financial damages for your business. Buy policy now. Hassle Free Policy. All Risk Cover. Get Low Premium. Insurance coverage.
Home Insurance
Homeowners insurance is a form of property insurance that covers losses and damages to an individual’s house and to assets in the home.
Travel Insurance
Health insurance is an insurance product which covers medical and surgical expenses of an insured individual