The options are still limited though. For instance, most companies like the National Insurance Company, Oriental Insurance and Bajaj Allianz only provide a basic insurance for death due to illness or accident and permanent disability following accident or illness. And except for National Insurance, which provides insurance for cats as well, the rest reserve it only for exotic breeds of dogs, watchdogs and hunting dogs, all under the age of eight years. We look at a pet as an economic asset and reimburse the owner whatever he/she loses with its death, says K. Krishnamurthy, head of Underwriting, Bajaj Allianz General Insurance.
Tags:
General Insurance
Oriental Insurance
Home owners Insurance
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