Every now and then, we come across a point, where we need to decide about things we have very less idea about. Like in case of Insurance which gives you and your family “peace of mind” in unseen circumstances. What are the features to look for? , This one or the other one? Cheaper or the expensive one? , such questions are common when there are many factors that decide the type of cover for your Insurance Policy. This website is for the people who are not Insurance geeks but still want to be informed about what to look for before insuring themselves, car, or their property.

I have tried to explain “What to look for in an Insurance policy?” with regards to motor, home and life Insurance. Why would anyone want to have insurance? This reminds me of a phrase “Uncertainty is uncertain”. You might be a great driver, but not every vehicle on the road is driven by people like you.

People buy insurance for various reasons. I have listed some points below, let’s figure out the category you fall under, to decide the type of plan for you.

People buy insurance because:

1. It is Law (Motor, Home in some locations or if it’s on mortgage)
2. Peace of mind
3. To recover the unexpected losses

If you can figure out the category you fall in, you might be able to decide the right policy. When the policy is due for renewal, we usually call up all the companies, get quote and finally go with the best one. “Best” here is you individual opinion, since price, benefits or complimentary services might be your deciding factor.

In the pages ahead, I have explained the pros and cons of insurance.