MISCELLANEOUS ACCIDENT INSURANCE

Personal Accident Insurance was first introduced in England in 1845 following the invention of steam engine. this class of Insurance developed rapidly following the promulgation of the Act in 1900, and is now widely purchased all over the world.
The deteriorating law & order situation in the country in general and in metropolitan cities in particular has resulted in increased demand for this type of Insurance. As a result, people tend to insure themselves against variety of risks. This includes Personal Accident, Household Insurance, Travel Insurance, Burglary, Public liability, Cash in Safe and Transit Insurance & Workmen Compensation, etc. Some of these are of special interest to the businessmen. In the year 2007 we have written a premium over Rs.2.39 million in this portfolio.