<\/span><\/h2>\n\n\n\nThe pandemic brought out uncertainty in people’s lives with respect to their careers, health, and personal plans. The ever-changing government regulations and lockdowns also implied that weddings and celebrations were cancelled on short notice after all the time, effort, and money spent on planning. Hence, the first one, not so crazy after the pandemic insurance plan, is wedding insurance. <\/p>\n\n\n\n
This insurance protects you against the unexpected cancellation or postponement of the wedding due to the death or illness of the named persons, fire or burglary, or any other man-made or natural perils that may be specified in the policy. The cover for this policy is determined based on the advance paid to caterers, decorators, and hotel bookings. <\/p>\n\n\n\n
Being a nearly $50 industry, Weddings remained the worst hit from the pandemic. With different Covid-19 variants on the rise, this insurance can come in very handy. So if you or your close family members are planning a big fat Indian wedding, you may want to consider getting wedding insurance to protect yourself from the monetary losses associated with the potential cancellation of the wedding ceremony.<\/p>\n\n\n\n
<\/span>Handbag insurance and designer clothes insurance<\/strong><\/span><\/h2>\n\n\n\nDoes ‘Bagvati<\/em>‘ ring a bell? (That’s a Zindagi Na Milegi Dobara reference) <\/p>\n\n\n\nInsurance companies recognise handbags’ importance \u2013 from the handbag itself to the important personal documents, cash, and cards it holds. This insurance will protect you against the loss, damage, or theft of your handbag and its contents. <\/p>\n\n\n\n
So now, you can also get your own ‘Bagvati<\/em>‘ insured!<\/p>\n\n\n\nSimilarly, designer clothing pieces are often custom-made and of high value. You can also get insurance to protect yourself from the damage or theft of your expensive luxury clothing pieces.<\/p>\n\n\n\n
<\/span>Pet insurance<\/strong><\/span><\/h2>\n\n\n\nHey, when you can take an insurance policy to cover your loved ones \u2013 why not include your darling pets as well? Various insurance companies have started offering policies to cover the costs of treating your pets so you can focus on getting the best treatment for your companion! <\/p>\n\n\n\n
So, go on Google, search for ‘pet insurance for dogs’ and ‘pet insurance for cats’, and get the one that best suits your budget, plan and your darling.<\/p>\n\n\n\n
<\/span>Personal cyber security insurance<\/strong><\/span><\/h2>\n\n\n\nWe are increasingly spending more time in the digital world than in the physical world, and the pandemic and work-from-home culture only further accelerated this. While this opens up a whole new world of opportunities for us, it makes our digital identity, transactions, and privacy more important than it has ever been.<\/p>\n\n\n\n
Have you ever heard of the OTP scam where with one OTP, the scammer can empty your bank account? Personal cyber security policies protect you from losses arising due to extortion via the internet, any unintended broadcasting when your social media is hacked, or funds transfer due to unauthorised access to your bank accounts.<\/p>\n\n\n\n
Lesser-known insurance:<\/strong> TV shows like KBC have price money insured! Insurance companies are bound to pay the winners any amount above Rs. 25 lakh. If a contestant wins Rs. 50 lakh, KBC is liable to pay only Rs. 25 lakh. The insurance companies bear the rest!<\/em><\/p>\n\n\n\n