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Global Insurance Brokers Private Limited, an Aon company

Insurance, India, Maharashtra, Mumbai

Global Insurance Brokers Private Limited, an Aon company, provides innovative insurance solutions to protect businesses and individuals worldwide, setting new standards in risk management excellence.

About Global Insurance Brokers Private Limited, an Aon company

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Basics

Type
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Founded
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Total Employees
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Employees on Linkedin
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Employees on OWCareers
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Main Office
India, Maharashtra, Mumbai
Official Website
http://www.globalinsurance.co.in
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FAQs – Global Insurance Brokers Private Limited, an Aon company

What is Hull Insurance in Marine Insurance?

Hull insurance is a type of marine insurance that covers physical damage to a ship or vessel. It protects against risks such as collision, sinking, fire, explosion, and other perils of the sea. This coverage is essential for shipowners to mitigate financial losses arising from unexpected damage or accidents.


How do I enroll in an HMO plan?

You can enroll in an HMO through your employer, a state marketplace, or a private insurance company during open enrollment or after a qualifying life event like marriage or childbirth.


Can I claim No-Claim Bonus on a commercial vehicle insurance?

Generally, NCB applies to personal vehicle insurance. Commercial vehicle insurance may not be eligible for the same kind of No-Claim Bonus.


What is coinsurance?

Coinsurance is the percentage of medical costs that the insured is responsible for after meeting their deductible. It is usually a fixed percentage that the policyholder shares with the insurer for covered medical expenses.


Are TPAs only involved in health insurance, or do they manage other types of insurance?

While TPAs are most common in health insurance, they also manage claims and administration for motor, travel, life, and workers' compensation insurance, depending on the insurer’s requirements.


What is charterers' liability insurance?

Charterers' liability insurance protects companies leasing vessels against claims related to cargo damage, vessel damage, and third-party injuries.


What is renters insurance?

Renters insurance is a policy that provides financial protection for tenants by covering personal property loss, liability claims, and additional living expenses if the rental unit becomes uninhabitable due to a covered peril like fire, theft, or water damage.


Can replacement cost coverage be added to my existing insurance policy?

Yes, many insurers allow you to add replacement cost coverage to your existing policy, though it may increase your premiums. It’s important to check with your insurer about the terms and conditions.


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