Shri Ashutosh Securities Pvt. Ltd.

Boring Road, Patna, Bihar

What is life insurance?It is a contract between a policyholder and an insurer in which insurer guarantees an amount to be paid to the named beneficiary in case of demise of the policyholder. An insurance company promises this death benefit in consideration of the premium paid by the policyholder. Regardless of how much you earn, no one knows what exactly the future holds. And in case you are a sole breadwinner for your family then your sudden demise can shake your family both emotionally and financially. In case you have invested in life insurance your loved ones could be spared from regular household expenses, debts of yours, and they can maintain their standard of living. We all love our families and the least we can do is buy a life insurance plan for them. Benefits of Life Insurance It will give you peace of mind and you wont need to be worried about what will happen after you.Makes your loved ones financially independent after you.Protect your home mortgage, loans, credit card borrowings, etc.Covers cost of your funeral and burial, your family need not worry about these costs.Your family can maintain their lifestyle even after you are not in their lives.

What is General Insurance?As life is uncertain so is the circumstances of life. Nothing is permanent and nothing is assured. We all are living in an uncertain world. Thats why general insurance, it is the way to protect ourselves and the things that hold value for us such as our homes, our cars and our valuables, from the financial impact of risks, big and small from fire, flood, storm and earthquake, to theft, car accidents, travel mishaps and even from the costs of legal action against us. Why General Insurance?Risk is associated with everything that we own, and so is our affection for the things we own. Our hard-earned money goes in things we buy so it becomes important to secure all the things we own. Reasons for choosing a general insurance is It gives peace of mind against any risk or mishapThroughout the insurance the burden of loss does not exist as all gets covered up by the insurance policy.It is the most beneficial to business man as it saves them from loss and in case of mishaps.It simply saves your assets or belongings from any financial loss incurred.Types of general insurance available Motor/ Vehicle insuranceHome InsuranceTravel InsuranceMarine InsuranceCommercial InsuranceRural InsuranceCrop Insurance

What is Health Insurance?Health Insurance is a contract between a policyholder and insurer that in case of illness/ accident that leads to hospitalization the insurer will pay compensation for medical expenses in consideration of the premium paid by the policyholder.In this fast-moving world, one must have health insurance. Why Health Insurance?Illness and accident can come anytime that too unannounced and you might not always be ready for it. Following are the benefits of having health insurance Cashless Treatment In times of emergency and sudden illness/ accident you may or may not have cash. A person insured can be at ease as your insurance company works in collaboration with various hospitals and you can get cashless treatments.Pre and post hospitalization cost coverage Health policy covers pre and posts hospitalization charges up to a period of 60 days.Transportation Charges Ambulance charges are also covered in the policy.No claim Bonus In case you did not claim for any treatment in a previous year you will be receiving a bonus this year in the form of NCB.Medical Checkup Free health checkup is also provided by some insurers.Room Rent Depending upon the premium being paid your policy also might cover your room expenses.Tax Benefit Premium paid is tax deductible under section 80D of the Income Tx Act.Things to consider if buying new health insurance Sum AssuredMinimum Entry Age and renewability clauseRoom Rent CappingInclusion and ExclusionNo Claim BonusOther Benefits