OVERALL CLASSIFICATION OF POLICIES RENUKA MEHRA LECTURER IN B.B.A. GCCBA-42
TYPES OF MARINE INSURANCE POLICIE (a) Voyage Policy (b) Time Policy (c) Mixed Policy (d) Valued Policy: (e) Open and Unvalued Policy (f) Floating Policy
Other Type of insurance Property insuranceAutomobile insuranceAviation insuranceBoiler insuranceBuilder's risk insuranceCrop insuranceEarthquake insurance
Contd… A fidelity bond Flood insurance Home insurance Landlord insurance Marine insurance Surety bond insurance Terrorism insurance etc.
Health/ medical insurance: This cover only two type of benefits Re-imbursement of medical expenses related to specific diseases and Hospitalization
Some of policies are as Individual/Group Mediclaim policy Bhavishya Arogya policy Jan Arogya Bima Overseas medical cover
Liability insurance/indemnity policies— Employee liabilities Employee state insurance liabilities Non-industrial risk Professional liabilities Product liabilities