Think About the Future Today

23 August,2021 11:15 PM IST |  Mumbai  |  BrandMedia

The Gen Z-ers have witnessed their parents and elders struggle and huge financial hits during the Great Recession

India International Insurance Singapore


When it comes to being financially minded and secured, Gen Z is the only generation that takes it seriously. The Gen Z-ers have witnessed their parents and elders struggle and huge financial hits during the Great Recession. Having viewed all that up-close and personal, they have learnt from the experience and are driven by pragmatism and security. Where millennials had come in times when the economy was flourishing, the mindset of Gen Z-ers was shaped by the financial struggles of their caretakers and family. So, they are more vigilant and focused when it comes to stable jobs, savings, and smart investments and insurances.

Helping this modern generation to focus more on their work and stress less about the security of their possessions is India International Insurance. III has been operational in Singapore since 1987 and has helped thousands of millennials and Gen Z-er's establish themselves and shape their careers.

Guarantees for the if's in Life

People are often advised to not be materialistic and think beyond it. How can one not care about their belongings that they have earned with relentless hard work and consistent struggles? Those material and lifeless things' value increases automatically when they are obtained after the shedding of sweat, blood, and tears.

Being financially secured in this uncertain world is a tough call. So, people prefer investing their money into properties, automobiles and various other things. Addressing the issue of uncertainty, nothing is guaranteed for a lifetime. There have been several instances where people faced major losses right after investing their money, and there was nothing they could do about it. Thankfully now, there are no such situations or safety issues. This is because modern companies such as India International Insurance is providing their customers beneficial insurance on all their prized materialistic possessions.

India International Insurance is a merger of five State-owned Indian insurance companies. The companies include General Insurance Corporation of India (GIC Re), The New India Assurance Co. Ltd, and The Oriental Insurance Company Ltd, National Insurance Co. Ltd., and United India Insurance Co. Ltd (Not a subsidiary company). Having more than 70 years of experience, this company has transformed and molded itself to the modern world's standards. It understands the concerns raised and shown by the Gen Zers in lieu of what they had witnessed earlier.

A Gen Zer who has built a house after years of hard work and has filled it with precious things that have an emotional sentiment attached to it will be more connected to the house than any other thing. For them, it is something close to their heart, which cannot be replaced. But what is the person supposed to do if, due to some unforeseen events such as a natural disaster or an accident, the house is wrecked? Not only will that person be emotionally shaken, but they will also undergo a huge mental depression. They would have to bear the expenses of the repair and damages and build the house from scratch. This is where companies like III come in handy. III home insurance would have paid the cost in part or whole in such situations, sparing their customer the unexpected and large chunk of change.

To gain the complete trust and loyalty of their customers, India International Insurance provides a ton of non-life insurance policies. These policies are extremely simple to comprehend and offered at suitable prices. The company deals with motor insurance, motor fleet, personal accident, travel insurance, home insurance, maid bond package, property, liability, engineering, surety, cargo, and marine hull insurance.

Safety Wherever You Go

A person is the most vulnerable while traveling. The fact that they are away from their families, country, and on a budget makes them even more delicate and easy to harm. Coming back to the point of uncertainty, one can never predict life and the lemons it will throw at you. So, one has to be prepared to face the difficult phases and handle them with robust back support, and III helps one do that. India International Insurance's Managing Director and CEO T Babu Paul aims to provide its customers with tension-free travels.

Working in the industry for almost seven decades, the proficient team of III comprising of more than 100 employees and a large group of agents and brokers as support provides advantageous travel insurance. Its easy travel insurance offers comprehensive options for cover one completely. Its policy offers benefits comprising trip cancellation, flight cancellation, baggage delay, loss of baggage, trip interruption, travel accident, medical benefits and emergency medical evacuation, loss of passport and travel documents, kidnap/ransom requests and many other travel-related events and expenses.

Keeping up with the contemporary world's requirements and the new generation, III constantly updates and revises its plans and policies. Their understanding of the current generation and its needs will help become the next big thing in the insurance industry.

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