CAT | Insurance
If you go and purchase any product which is offering so many years of guarantee or warranty, all these sureties will be subjected to some terms and conditions. Any of these providers will explain these terms and conditions but they will concentrate only on selling that product to you. It happens in all
fields including the insurance fields. Many of the home insurance providing companies advertise about various benefits and offers for their policy holders which will be very attractive to make the people buy their policies. But all these benefits and offers will be provided with various terms and conditions, all of which no one will explain in detail while availing the policy.
This happens in all sort of home insurance policies like home insurance, life insurance and any sort of insurance policies available with these companies. Availing home insurance has increased a lot among the people taking home loans and even other home owners. While taking the loan, we will be in a hurry and
tension; hence we will not be looking into the details of all these home insurance terms and conditions. But, we will realize about these only when we go for
a claim with these insurance agents for any accidental damage to our home. So, it is always better to read th
insurance policies before availing home insurance policies or any other policy to avoid any last minute shock.
The American international groups (AIG) are a leading international organization in insurance and finance. It is a worldwide insurance organization operated around 130 countries and jurisdiction. Corporate head quarters of AIG insurance in America is American international building, New York City.
Fenchurch Street in London is the British head quarters of British AIG insurance. La Defence, Paris is the European headquarters and Hong Kong is the Asian head quarters of AIG insurance. Forbes Global 2000 list in the year 2008 reports that they are the 18th –world’s largest public company. They are the leading providers of financial service, asset management and retirement services. The financial reimbursement to cover the expenses and losses are provided by the insurance. There are various categories which include: life insurance, health insurance plans, vision insurance, auto and motor vehicle insurance, high net worth insurance, home and property insurance, identity theft insurance and travel insurance. AIG insurance also offers employment based insurance practices with many different features.
Tata insurance is a leading insurance company of India It is a joint venture of American international Group, Inc. (AIG) and Tata Groups in the ratio of 26:74.It is started on 1st April, 2001 and acquired its license on February 12, 2001 to carry out their operations in India.
