‘Direct insurance’ is a type of contract between you and your insurance company to safeguard you and your possessions from any kind of loss, theft, accident, injury or damage. During the purchase of an insurance policy there is no third party involved; you purchase it directly from the company. For this reason it is known as direct insurance.
Kinds Of Direct Insurance
You can buy a direct insurance policy for just about anything under the sun. The most common kinds of direct insurance are taken out are for vehicle, travel, pet, healthcare and home.
Vehicle: A vehicle insurance policy provides protection for any sort of loss or damage to your vehicle. Vehicle refers to a motorcycle, car, van, trucks, boats, trailers and buses. Vehicle insurance is also known as auto insurance coverage.
Travel : Travel insurance coverage is directly bought from the insurer in order to ensure protection from accidents or loss or theft that may happen during your business travel or family vacation. Loss and theft while traveling may be of personal items like money, traveler’s checks, documents, driver’s license, credit cards, mobile phone, jewelry or passport.
Pet : A pet insurance policy is a good investment. It is the same type of insurance policy you buy for yourself to provide a safety net for your pet. Your pet may fall ill, have an accident, pass away, go missing or get stolen and having direct pet insurance can help in such cases.
Home : This type of direct insurance policy gives coverage to all that is associated with your house such as garage, artifacts, paintings, furniture, furnishings, clothes and kitchen appliances. Direct home insurance policy safeguards your home from fire, burglary, vandalism and accidents. A direct insurance policy can be purchased separately for expensive furniture or rare paintings, depending on the value of these items.
Healthcare : A medical insurance policy is commonly known as health insurance. A direct medical insurance policy provides you protection when you fall sick, get seriously ill or are involved in an accident. All your medical bills and expenses are covered by a medical insurance policy.
Dental : Dental insurance is usually a supplementary health insurance and provides you security for dental emergencies and gives you coverage for dental treatments. These treatments can be minor such as scaling and polishing, small tooth extractions and minor root canal treatment. Major dental work includes surgeries, bridge formation, porcelain veneers manufacture and oral cancer therapy.
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