{"id":215,"date":"2023-11-08T07:16:36","date_gmt":"2023-11-08T01:46:36","guid":{"rendered":"https:\/\/gitafinancial.in\/?page_id=215"},"modified":"2023-11-08T08:20:43","modified_gmt":"2023-11-08T02:50:43","slug":"insurance","status":"publish","type":"page","link":"https:\/\/gitafinancial.in\/index.php\/insurance\/","title":{"rendered":"Insurance"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"215\" class=\"elementor elementor-215\">\n\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-eed44fc e-flex e-con-boxed e-con e-parent\" data-id=\"eed44fc\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;content_width&quot;:&quot;boxed&quot;}\" data-core-v316-plus=\"true\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6dbbab5 elementor-widget elementor-widget-heading\" data-id=\"6dbbab5\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.17.0 - 08-11-2023 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h2 class=\"elementor-heading-title elementor-size-default\">Insurance<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-04f3210 elementor-widget elementor-widget-text-editor\" data-id=\"04f3210\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.17.0 - 08-11-2023 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p>Insurance is all about PROTECTION from any financial loss. Any form of Insurance is meant for protection and mitigating risk of uncertainties which might occur in the form of death, disability, accident, medical emergency, business loss, professional liability and others.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d69408e elementor-widget elementor-widget-text-editor\" data-id=\"d69408e\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><strong>How does it work?<\/strong><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-028c738 elementor-widget elementor-widget-text-editor\" data-id=\"028c738\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Insurance is a legal agreement between two parties i.e. the Insurance company (Insurer) and the Individual (Insured Person). The insurance company promises to pay claim amount to insured for losses if occur as per the terms &amp; condition decided at the time of buying insurance. To cover the risk of potential loss, there is a premium which needs to be paid to the Insurance company by Insured Person.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b6e674f elementor-widget elementor-widget-text-editor\" data-id=\"b6e674f\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><strong>What are the types of Insurance available in India?<\/strong><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d3cf320 elementor-widget elementor-widget-text-editor\" data-id=\"d3cf320\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><strong>Insurance in India have been classified in to three different categories:<\/strong><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-280820f elementor-widget elementor-widget-text-editor\" data-id=\"280820f\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>\u2022 Life Insurance<br \/>\u2022 Health Insurance<br \/>\u2022 General Insurance<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-5347929 e-flex e-con-boxed e-con e-parent\" data-id=\"5347929\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;content_width&quot;:&quot;boxed&quot;}\" data-core-v316-plus=\"true\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-ffd2672 elementor-widget elementor-widget-text-editor\" data-id=\"ffd2672\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><strong>What is Life Insurance?<\/strong><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d2a7262 elementor-widget elementor-widget-text-editor\" data-id=\"d2a7262\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>As the name suggest, Life Insurance is an Insurance on your life. Life Insurance is bought to make sure your dependents are financially secured in the event of your untimely demise or disability which restricts the income of the breadwinner of the family.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-50ba32f elementor-widget elementor-widget-text-editor\" data-id=\"50ba32f\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>In India Life Insurance is the most miss-sold product. But in recent past, the understanding and the approach towards life insurance products has changed. But still there are different variants of Life Insurance present like &#8211; Term Insurance, Endowment Plan, Money Back Plan, Whole Life Insurance, ULIPs etc.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e9d504d elementor-widget elementor-widget-text-editor\" data-id=\"e9d504d\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>We at Gita Financial mostly suggest pure risk cover plan which is Term Insurance, which can be bundled with different riders like critical illness, accidental benefit, disability benefits and so on. Term Insurance is the cheapest insurance in which only the risk is covered and there is no investment component. Since the premium is low there is no maturity pay-outs. The sum assured is paid only in case the event occurs.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ae0c562 elementor-widget elementor-widget-text-editor\" data-id=\"ae0c562\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><strong>What is Health Insurance?<\/strong><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b83119f elementor-widget elementor-widget-text-editor\" data-id=\"b83119f\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Health Insurance is an Insurance in which the Insurer pays for Medical and Surgical expenses suffered by the Insured I.e. Policy Holder. This type of insurance compensates the insured for expenses incurred from illness, injury or pays the care provider directly. The premium paid towards a health insurance policy usually covers treatment, hospitalization and medication costs.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6c4ede7 elementor-widget elementor-widget-text-editor\" data-id=\"6c4ede7\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>We at Gita Financial understand your requirements and on the basis of that we would suggest the right Health Insurance.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-febf7f8 elementor-widget elementor-widget-text-editor\" data-id=\"febf7f8\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><strong>What is General or Non-Life Insurance?<\/strong><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-aed9189 elementor-widget elementor-widget-text-editor\" data-id=\"aed9189\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>General Insurance is an Insurance for valuables other than our Life. General Insurance covers the insurance of property against fire, burglary, theft, Personal Insurance covering health, travel and accident; and liability insurance covering legal liability. The premium and coverage of general insurance depends upon the type and extent of insurance. A general insurance policy typically has a period of a few years and does not have cover for lifetime.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-432b0a6 elementor-widget elementor-widget-text-editor\" data-id=\"432b0a6\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>In India, General Insurance policies are of the following types like motor, fire, home, marine, health, travel, accident, professional indemnity, liability, shop etc.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9c08739 elementor-widget elementor-widget-text-editor\" data-id=\"9c08739\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>People have been ignoring general insurance as they do not consider it to be relevant but it is very important for a common man. For corporate and professionals like doctors, lawyers, engineers it is really important as you have to safeguard yourself against any sort of liability which might occur in the due course of your providing services to your clients.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-18c18d6 elementor-widget elementor-widget-text-editor\" data-id=\"18c18d6\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>We at Gita Financial suggest General Insurance Planning as a risk management tool which hedge against the risk of contingent and uncertain financial loss.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Insurance Insurance is all about PROTECTION from any financial loss. Any form of Insurance is meant for protection and mitigating risk of uncertainties which might occur in the form of death, disability, accident, medical emergency, business loss, professional liability and others. How does it work? Insurance is a legal agreement between two parties i.e. the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":4,"comment_status":"closed","ping_status":"closed","template":"","meta":{"site-sidebar-layout":"no-sidebar","site-content-layout":"","ast-site-content-layout":"full-width-container","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"disabled","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"disabled","ast-breadcrumbs-content":"disabled","ast-featured-img":"disabled","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"_links":{"self":[{"href":"https:\/\/gitafinancial.in\/index.php\/wp-json\/wp\/v2\/pages\/215"}],"collection":[{"href":"https:\/\/gitafinancial.in\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/gitafinancial.in\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/gitafinancial.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gitafinancial.in\/index.php\/wp-json\/wp\/v2\/comments?post=215"}],"version-history":[{"count":13,"href":"https:\/\/gitafinancial.in\/index.php\/wp-json\/wp\/v2\/pages\/215\/revisions"}],"predecessor-version":[{"id":265,"href":"https:\/\/gitafinancial.in\/index.php\/wp-json\/wp\/v2\/pages\/215\/revisions\/265"}],"wp:attachment":[{"href":"https:\/\/gitafinancial.in\/index.php\/wp-json\/wp\/v2\/media?parent=215"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}