GENERAL INSURANCE BLOG

With a striking increase in the number of vehicles on the road, traffic safety has become a crucial matter in the modern world. As drivers and as pedestrians both, you need to be extremely careful about yourself as well as your fellow citizens.

Yes, no doubt a lot of medical facilities are widely available nowadays. Many multi-speciality hospitals provide emergency services to the needy ones. Many companies offer individual health insurance in India. A variety of measures can be undertaken after an accident. But would you want to go through all of it? Better safe than sorry, right? That's why we present the importance of maintaining road safety.

The given article describes the importance of being careful while crossing the roads as well as discusses a few measures of how you can avoid any misfortune while doing so.

• To avoid accidents - The first and foremost reason why you should be careful while crossing roads is to prevent collision with any vehicle. If you walk across haphazardly, you might end up getting hit by any driver who was not very careful with his driving. You cannot take control of what the fellow driver is doing, but you surely have the responsibility for your safety.
• To avoid injury - Of course, an accident will result in severe injuries. If the force stays quite high during the collision, the pedestrian might lose his life as well! To avoid such circumstances, taking precautions is necessary.
• To avoid a collision when someone is driving too fast - People are often seen to be in some sort of hurry while going somewhere as they operate at an unusually high speed. First things first, the speedily approaching vehicle has the potential to injure you severely if you get into its way. Moreover, applying brakes at high speed can be difficult and it provides absolutely no assurance that no collision will occur.
• To avoid injury to the driver - If you somehow end up lucky enough to avoid being rammed into by a vehicle, thank your stars. But the case might not be the same with the driver of the car. There are chances that someone might have applied brakes all of a sudden to avoid colliding into someone and his head banged on the steering wheel. He might suffer injuries as well.
• To avoid slipping on the road - Not just by accident, you can injure yourself by not maintaining balance while crossing the road and falling. You might end up hitting your head on the concrete. Worst case scenario, the driver of a random vehicle does not notice your fall and collides into you! You surely wouldn't want that to happen.
• Measures that can be taken
• Always cross from zebra crossing - All of you must have read about a zebra crossing in your school days. Those same instructions are what you need to follow. Nowadays, generally, zebra crossings are painted in the front area of traffic signals.
• Look on both sides - As people tend to drive on the wrong side of the road, no guarantee looking at the opposite side of the way before crossing will keep you safe. To ensure maximum safety, always look on both sides and cross only when it's feasible.
• Never run across roads - This is a crucial fact yet often goes unnoticed by people, never run while crossing a street. That doesn't mean you should walk extremely slow either. Always walk at a moderate speed so that you can cross calmly and can stop when any fast vehicle approaches.
• Avoid crossing when incoming traffic is substantial - If you want to cross the road, but the number of vehicles coming in from the opposite end is large, try and wait for a while and let the rush reduce. You can cross when the road seems a bit or more empty. This eliminates the possibility of sudden collisions.
• Having Individual Health Insurance In India only help you with the hospitalization related expenses but to stay safe and sound, you must follow the traffic rules diligently.

As a part of the measures undertaken to keep their employees motivated, many companies provide various types of incentives and insurance services, for example, personal health insurance , car insurance and so on.

No doubt this can be a great gesture from the company's end. But is it sufficient for you? Well, a lot of factors advocate why you should not remain dependent on employer health insurance as it is not enough. They are as mentioned below:

• Less customization - Before signing up for insurance, employers decide all the features of the cover with the insurance company which include - the number of diseases, minimum and maximum amount that can be claimed and so on. This leaves very less scope of customisation available for you. You cannot be sure whether the diseases you have been dealing with or the ones that run in the family are covered or not. You cannot use the plan for any specific expenses as a fixed policy is made from a combination of various aspects where all are given almost equal weightage. This is the best option for the employer as he has to select a general plan for all employees, but the case might not be the same for individuals.
• Continuity of the plan - Companies that offer a group cover have the facility of discontinuing as per their will. Moreover, insurance is related to the duration of your job. As long as you are associated with the company, you can reap the benefits of the policy. But if you wish to leave the job, you wouldn't be able to exercise the same benefits. Once you quit the job, the policy gets terminated on its own. Moving from a group plan to an individual one can drill a hole in your pocket after retirement as it is very costly.
• Covers only one person - Generally, all companies offer insurance plans for their employees only. That can be beneficial to you on an individual scale, but what about your loved ones? Even if you wish to avail a health insurance policy for family, you wouldn't be able to ask for it by your superiors. Their care and concern are limited only up to you as only you are their employee. Therefore, it is best for your family members if you buy insurance for them rather than solely relying upon what your company is providing. .
• Changes in the conditions of employer's policy - There is a possibility that your company has joined hands with any insurance agency to save money and reduce their liability towards the employees. They can thus, change the terms and conditions of the insurance policy as per their convenience. Some type of diseases can be exempted, coverage of certain expenses can be removed, and such similar measures can be undertaken by the employer. That is why it is best to choose an appropriate cover based on one's requirements.
• Post-retirement coverage - As stated in one of the above points, your insurance is relevant only until the duration of your job. You would lose the cover after retirement, which is the time when it is required the most. And that is when you would have to buy your insurance policy. Getting one after a certain age, here say the retirement age of 60, is a very complex task. You might not be able to get a cover for the preexisting diseases. This means that eventually you would have to bear your medical expenses and the insurance amount would be of no use. To avoid any hassle in your senior life, you must get a cover in your youth to protect your health as well as your hard-earned money.
• All this proves that opting for a Health Insurance Policy For The Familyrather than relying on employer health insurance is a far better decision.

In modern times, uncertainty has become a part and parcel of life. You can take as many precautions as possible but certain unwanted situations can always take place. These situations can be related to your health, your life, or your possessions like car, mobile, house etc. Due to any man-made situations or natural disasters, you can suffer losses on various accounts. In such situations, an insurance policy is something that can reimburse you for the losses suffered to a great extent and reduce the monetary damage.

Although insurance policies cannot prevent the happening of any unfortunate incident, they can help minimize losses suffered due to such incidents. Irrespective of the fact whether you decide to Buy Insurance Policy Online or offline, having an active insurance policy is a must.

Insurance policies are available in various types and categories. The two main categories are life policies and non-life policies. The life policies are the ones that deal with ‘life’ of an individual. On the other hand, the non-life policies are the ones which deal with all other types of mishaps that can occur. These non-life policies are also called general insurance policies.

What are the different types of general insurance policies?

Following are the different types of general insurance policies that are available, whether you buy insurance policy online or offline: -

• Health insurance covers all the expenses related to a person’s health when he/she gets hospitalized due to problems like any illness or any accident. It also covers situations like an annual health checkup, daycare procedure, psychiatric support and other health-related situations. Specific extensions of these insurance policies cover critical illness, maternity-related situations and organ donation. The premium of a health insurance policy is based on the individual’s age, history of the health, any genetic disorders and other cases like that.
• Travel insurance losses suffered while travelling to domestic or international locations are covered by the travel insurance policy. Situations like loss of baggage or passport, hijacking, medical expenses and other travel-related situations that require settlement are covered. Any accidental deaths caused during the travel are also compensated by the insurance policy. Some insurance companies also allow the travel insurance policy to be free of any deductibles. In this situation, the company covers all the expenses.
• Motor insurance has further two types of policies that involve comprehensive and third-party policies. The third-party policy involves the settlement in situations that involve any damage caused to another vehicle or person by your vehicle. The accidental expenses caused by your vehicle are settled by the insurance company. Comprehensive policies also cover the damages caused to your vehicle. It is a policy which encompasses the features of third party policy in it.
• Marine insurance is useful in reimbursing of losses cause to goods that are being transported through cargo ships to national as well as international locations.
• Commercial insurance policies deal with the business-related insurances that involve loss of property, professional liability, marine damage and other such expenses.
• Home insurance the insurance covers the losses related to theft, fire, or other damages caused to your home.
• In case you are interested in buying a general policy, you can do so by contacting any insurance company, or you can even buy insurance policy online. The quotations will be provided to you in both online and offline cases. You can look at it and in case it suits you, you can purchase the respective insurance policy. You must make the premium payment on time to keep the policy active and enjoy its coverage. Any delay in the premium payment beyond the grace period would render the policy ineffective, exposing you to various liabilities and losses.

Traffic rules are meant for your safety, and there should be no arguments against why you should ensure to follow traffic rules while driving or walking on roads. Traffic rules help protect you on the road as well as everyone else driving on the same road. People should know about the basic traffic signs and rules that should be followed while driving any vehicle on roads. People driving bigger vehicles need to be extra careful because of the multiple blind spots that are created by the big size of the vehicle.

Moreover, someone behind any bigger vehicle should also understand that there is limited visibility of the driver, and they should not try to come in the way of such vehicles which can be dangerous for both parties. Prevention is always better than cure but in case any mishappening occurs due to mistakes from either side, there are insurance providers who provide personal accident insurance as well. You can buy Personal Accident Insurance Online from any reputed insurance provider after properly comparing the benefits of all the different policies that are provided by different insurance providers.

Need for following road traffic rules

Government statistics show that more than 400 road accidents occur in India almost every day due to the negligence of the people driving and walking on roads. In many of these accidents, people get injured and in most of them, there are deaths of people involved also while some may escape unhurt. But, if traffic violations had not taken place and people were following the road traffic signs properly, there is a very high chance that the number of accidents will be very less than the current rate of 400 accidents per day.

Such traffic crashes and accidents also affect the Gross Domestic Product of the country, and the impact can be as high as 3% of the GDP. The traffic signs put on roads by the government for the people work to ensure that order ensues on the roads and signs are followed by the people on the roads. These traffic signs if followed properly will greatly help in reducing the accidents that occur daily on Indian roads.

Misconceptions amongst the people are aggravating the problem

There is a large population of India that do not follow traffic rules and is habitual of violating the rules, either due to no knowledge of the signs or even due to some misconceptions. There is a long time misconception in Indian public that it is not necessary to follow traffic signals after 10 PM and you see people racing past signals after 10 PM. This is completely false but people still following such myths is also the reason for many high-speed accidents occurring at night on city roads. People also do not follow one-way road rules and come with their vehicles on the road from either direction. They believe that reversing their vehicle on a one-way road is correct even if they are walking in the opposite direction, but this is completely wrong. You can reverse your vehicle on a one-way road, but you should be moving in the direction in which the road allows movement. These were examples of some common misconceptions among the people in India but there are more, and these myths lead to an increase in accidents on the roads.

It is necessary to train the people what different traffic signs and signals mean and what you should do when you see one of these signs. Campaigns should be undertaken by the government to train people on how to drive their vehicles properly on the road without causing a nuisance to others. Additionally, one must purchase personal accident insurance online or offline, as preferable, to get protection in case of such incidents.