Some insurance policies are different and of personal use, which is beyond of general insurances are said to be standalone policies. It’s a customization of the insurance policies. Stand alone expresses some of the special people who are capable of operating independently. Generally insurance companies avoid offering this kind of insurances, but if you need stand alone policies then you should buy this special kind of insurance. If one has specific insurance requirements then he can go for the stand alone-insurance. Stand alone insurance has many aspects which are as follows: goods in transit marine cargo (import / export, inland transit and stock-throughput) commercial legal expenses engineering and inspection cover group business travel group private medical personal accident and sickness (group and individual policies) And many others public liability excess of loss liability product recall credit insurance event insurance (including weddings) These insurances are proved that they are of great use for the individuals, and its span is vast. It covers many kinds of coverage which is not covered in general insurances, like event insurance, group private medical insurance, engineering and inspection cover, personal accident and sickness etc. Multi trip travel insurance provides the stand alone policies, which cover special kind of insurance which is needed by the complete team of corporate world who are on tour. Buying these insurance proved as profitable as that of individual travel insurance of each employee / officer of any organization which is going to be insured.
Author : Author is IT consultant and have written many articles on different topics, travel insurance is their personal area of interest.