The Presentation would cover Types of Property Insurance, Dos and Don'ts for Property Insurance, Travel Insurance and What Travel Insurance to buy

1. Topic : PROPERTY & TRAVEL INSURANCE
Marketing of Financial Services

2. Contents
• Property Insurance
• Types of Property Insurance
• Dos and Don'ts for Property Insurance
• Travel Insurance
• What Travel Insurance to buy

3. Property Insurance
• Insurance of property means insurance of buildings, machinery, stocks
against Fire and Allied Perils, Burglary Risks.
• Goods in transit via Sea, Air, Railways, Roads and Courier can be
insured under Marine Cargo Insurance.
• Hulls of ship and boats can be insured under Marine Hull Insurance.
specialized policies available such as Aviation Insurance Policy for
insurance of planes and helicopters.

4. Types of Property Insurance
• PACKAGE OR UMBRELLA POLICIES
• FIRE INSURANCE
• BURGLARY INSURANCE
• ALL RISKS INSURANCE
• MARINE CARGO INSURANCE

5. Types of Property Insurance
• PACKAGE OR UMBRELLA POLICIES
• A single document, a combination of covers
• Householders policy, shopkeepers policy, office package policy
• Seek to cover various physical assets including buildings, contents etc.
Such policies, apart from seeking to cover property may also include
certain personal lines or liability covers

6. FIRE INSURANCE
• The fire insurance policy offers protection against any unforeseen loss or
damage to/destruction of property due to fire or other perils covered under
the policy.
• Fire Insurance’, apart from the risk of fire, it also offers cover against
lightning, explosion/implosion, aircraft damage, riot, strike and malicious
damage, storm , cyclone, typhoon, hurricane, flood and inundation, impact
damage, subsidence and landslide including rockslide, bursting and/or
overflowing of water tanks, apparatus and pipes, missile testing operations,
accidental leakage from automatic sprinkler installations, bush fire etc.

7. BURGLARY INSURANCE
• The policy covers property contained in the premises including
stocks/goods owned or held in trust if specifically covered. It also
covers cash, valuables, securities kept in a locked safe or cash box in
locked steel cupboard if you specifically request for it.
• covers damage to your house or premises caused by burglars during
burglary or attempts at burglary.

8. ALL RISKS INSURANCE
• All Risks Insurance generally offers cover for jewellery and/or
portable equipment etc.
• This cover is generally offered selectively and may vary from
company to company.
• It is important to note that an All Risks policy is not free from
exclusions.
• So, the term “All Risks” doesn’t mean that anything and everything is
covered.

9. MARINE CARGO INSURANCE
• Marine Cargo Insurance covers transits by Water, Air, Road or Rail,
Registered Post Parcel, Courier or a combination of two or more of
these
• Cargo can be damaged on exposure to a wide variety of risks,
including an accident of the vehicle carrying the cargo, damage due to
jolts, jerks etc.

10. Dos and Don'ts for Property Insurance
Dos
When you buy a property insurance policy you should:
• Know you can insure only property you own
• Be sure you have the documents to prove ownership and value at the time of a claim
• Give a complete and correct description, address and location of the property to be covered
• Ask the intermediary or insurer to give information and explain the basis of fixing the Sum
Insured. It can be
• Market Value basis where depreciation is taken into account or
• Reinstatement Value basis where the cost of replacement of the property is taken into account. This
is the basis on which the claim is paid.
• Information regarding add-ons; choose them as per your needs

11. Don’ts
• Don’t allow anyone else to fill your proposal form
• Don’t conceal or misstate any facts about the property and its fixtures
• Don’t misdeclare the value of your property and face disputes at the
time of a claim
Dos and Don'ts for Property Insurance

12. Travel Insurance
• Protection while you travel.
• Travel insurance protects travelers family against travel related
accidents, unexpected medical expenditure during travel, losses
such as baggage loss, loss of passport etc and interruption or
delays in flights or delayed arrival of baggage etc.
• Travel insurance normally offers cover only during a specific
period of travel.
• Some insurance companies may offer various combinations of
protection to cater to the specific needs of customers
• There could be a special policy for corporate frequent travellers
etc.

13. What Travel Insurance to Buy
• he following are covers that are generally provided under Travel Insurance- though the
combination may vary. The list, however, is not exhaustive.
• Medical Expenses with or without cashless facility (most travel insurance products offer
cashless facility)
• Personal Accident
• Loss of Baggage
• Delay in Baggage arrival
• Loss of Passport
• Travel Delay
• Repatriation
• Transportation of dead body etc.

14. Contents
• Property Insurance
• Types of Property Insurance
• Dos and Don'ts for Property Insurance
• Travel Insurance
• What Travel Insurance to buy

15. You Tube Link
• https://www.youtube.com/watch?v=6Gs2TiAzaKk