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Insurance policy is a contract of protection/compensation by the insurer to the insured. It is designed to reimburse or compensate the insured party for the financial loss caused in event of death or damage to merchandise as mentioned in the insurance contract.

Broadly insurance can be classified in two categories:
First - Life Insurance which matures in event of death of the insured/policyholder. On occurrence of such an event the insurance company pays a sum of money assured to the nominee/beneficiary (person nominated by the policyholder). Life Insurances are of two types:
Traditional Plans - which contain Endowment Plan , Cash Back Plan, Term Plan , (Term Life Insurance) and Whole life policy. And Unit-linked Insurance Plans - are of 4 types - Endowment cum Ulips, Children Plan , Retirement Plan or Pension plan and investment/saving plans.
Second - General insurance. All insurance policies other than life insurance policies come under general insurance segmentation. (Also known as non-life insurance policies). These policies include Home Insurance, Auto Insurance, Travel Insurance, Marine Insurance, Theft Insurance, Office insurance and Health insurance
Health insurance is most acquired policy in general insurance segment. Health insurances are of 3 types - Comprehensive Plan - which include Mediclaim and Fixed benefits plan, Accidental Insurance and Critical Care plan .
  • Life Insurance
  • Health Insurance
  • Auto Insurance
  • Home Insurance
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Good
By PJ Gandhi on November 18, 2011, 4:14 pm
Good Comparison Chart.
 
service
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Good information
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Good
By Deepak Chauhan on October 11, 2010, 8:58 am
Thanks for the services, its all about insurance knowlege.
 
Health Insurance
By Sahil on September 14, 2010, 6:37 pm
Hi, can anyone tell me which is the best Health Insurance provider for a family floater with respect to claim settlement & Cashless coverage and acceptance. Please share your views based on your personal experience. Plz help me out to take a good health insurance policy.- Thanks
 
hii
By sidhartha on August 21, 2010, 11:44 pm
Good to see that you guys have also given few important information about Home Insurance
 
Hi
By Paresh on August 10, 2010, 9:46 am
Very Good.
 
Nice Website
By Kalpesh Bhatt on June 29, 2010, 1:36 pm
Nice Website.
 
Comment on Newsletter-January'2010
By Srinivas on January 25, 2010, 10:58 am
Nice plan
 
Information
By Mahinder Singh on January 16, 2010, 4:07 pm
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Good
By Indira Rao on October 16, 2009, 4:10 pm
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advisory board
By dr.sundram on September 4, 2009, 12:39 pm
i find this site as excellent.it helped me to solve all my insurance doubts.bimadeal personnels are very very good in their approach.

 
An appreciation
By Jashbhai on August 23, 2009, 9:27 am
Very good site, have lot many comparision table, which help us to look plus/minus before making any decision... keep it up
 
Good Calculators
By Ritu Goyal on August 22, 2009, 9:56 am
The retirement calculators are really helpful.It had helped me a lot.
 
excellent job by bima deal
By renuka on July 21, 2009, 6:02 pm
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Excellent
By Neel Garg on July 18, 2009, 1:04 pm
I am really very impressed with this site. It gives minute to minute information on insurance.
 
Good Information
By Omprakash Jha on July 11, 2009, 3:52 pm
Happy to see site like this,which give full fledged information on Life Information.

 
On Newsletter
By HIMANSHU MUNJAL on June 26, 2009, 1:34 pm
Bimadeals provides actual facts of Insurance Industry.
 
Bimadeals
By Abhilakh Sen on June 13, 2009, 1:44 pm
Hey! Good going guys.
I think Bimadeals.com has pioneered this comparative concept in India. Me & my friend has invested in a good ulip plan through you only.
Thanx!
 
Insurance
By Raghav Bose on June 8, 2009, 5:09 pm
You guys have helped me out a lot investing for my old age.
I appreciate the process of calling, forwarding the request to the different companies which really helps to get best deal.
KEEP IT UP!
 
 
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