General Insurance

What is a General insurance?

General insurance covers insurance of property against fire, burglary, theft; personal insurance covering health, travel and accidents; and liability insurance covering legal liabilities. This category of insurance virtually covers all forms of insurance except life. Other covers may include insurance against errors and omissions for professionals, credit insurance etc. Common forms of general insurance are motor, fire, home, marine, health, travel, accident and other miscellaneous forms of non-life insurance.

Unlike life insurance policies, the tenure of general insurance policies is normally not that of a lifetime. The usual term lasts for the duration of a particular economic activity or for a given period of time. Most general insurance products are annual contracts. There are however, a few products which have a long term.

Motor insurance (also known as vehicle / car / auto insurance) is insurance purchased for cars, trucks, and other road vehicles. know more →
Travel insurance is insurance that is intended to cover medical expenses, trip cancellation, lost luggage, flight accident... know more →
Property insurance is a policy that provides financial reimbursement to the owner or renter of a structure and its contents, in the event of damage or theft. know more →



What is a life insurance policy?

A life insurance policy provides financial protection to your family in the unfortunate event of your death. It involves paying small amount each month or quarterly or half yearly or yearly (called premiums) to cover the risk of your untimely demise during the tenure of the policy. In such an event, your family (or the nominees you have named in the policy) will receive a lump sum amount. In case you live till the maturity of the policy, depending on the type of life insurance policy you have opted for, you will receive returns the policy may have earned over the years.

A term insurance policy is a pure risk cover policy that protects the person insured for a specific period of time. In such type of a life insurance policy, a fixed sum of money called the sum assured is paid to the nominee.

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A whole life policy covers the policyholder against death, throughout his life term. The advantage that the policyholder enjoys is the life cover throughout his or her life.

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Endowment policies combine risk cover with financial savings. Benefit is in two ways from a pure endowment insurance policy. In case of death during the tenure, the nominee gets the sum assured.

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This type of policy is favoured by many people because it gives periodic payments during the term of policy. In other words, a portion of the sum assured is paid out at regular intervals.

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ULIPs are market-linked life insurance products that provide a combination of life cover and wealth creation options. They provide the flexibility of choosing from a variety of fund options depending on the customers risk appetite.

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In these types of life insurance policies, the insurer agrees to pay a stipulated amount of money periodically. The purpose of an annuity is to protect against financial risks...

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Health insurance is a type of insurance coverage that covers the cost of an insured individual’s medical and surgical expenses. Depending on the type of health insurance coverage, either the insured pays costs out-of-pocket and is then reimbursed, or the insurer makes payments directly to the provider.



The foreign exchange market (Forex, FX, or currency market) is a global decentralized or over the counter (OTC) market for the trading of currencies. This market determines the foreign exchange rate. It includes all aspects of buying, selling and exchanging currencies at current or determined prices.

  • Currency Exchange At Best Rates
  • Get Instant Forex Travel Card Of All Leading Banks
  • Currency Delivery At Your Door Steps
  • Convenience
  • Multiple Payment Methods



A loan backed by assets belonging to the borrower in order to decrease the risk assumed by the lender. The assets may be forfeited to the lender if the borrower fails to make the payments. know more →
The is no collateral against the loan. The loan is approved on the basis of the income and expense behaviour of the borrower. know more →
We help you to get the much needed financial support to the deserving students for pursing higher professional or technical education in India and abroad.



A mutual fund is a professionally-managed trust that pools the savings of many investors and invests them in securities like stocks, bonds, short-term money market instruments and commodities such as precious metals. Mutual funds are pooled investment vehicles actively managed either by professional fund managers or passively tracked by an index or industry. They offer an attractive way for savings to be managed in a passive manner without paying high fees or requiring constant attention from individual investors.

  • Close-ended funds
  • Open-ended funds
  • Equity funds
  • Debt funds
  • Hybrid funds
  • Growth funds
  • Income funds
  • Balanced funds
  • Index funds
  • Sector funds
  • Tax-savings funds

Little drops of water, make the mighty ocean, similarly small amounts invested regularly through a Systematic Investment Plan (SIP) make your
dreams a reality.

What is a SIP?

SIP is a financial planning tool offered by mutual funds that helps you to create wealth, by investing small sums every month, over a period f time.


  • Affordability
  • Reduces the average cost
  • Power of compounding
  • Convenience
  • Reduces risk



Auto insurance in India is a legal necessity. Car insurance protects you against losses incurred in theft, financial loss caused by accidents and any subsequent liabilities. Getting car insurance is quite easy as most insurance companies have tie-ups with car dealers and leading manufacturers. These companies offer coverage immediately after you buy the car. There are many other general insurance companies which also offer motor insurance service to customers.

Wise Choice Consultants started a unique model of offering free car consultation to car buyers across India. We also help them with dealer quotations and test drives at their doorstep. We have brought together loan processingand insurance options so a buyer could actually get the best available car price, the cheapest loan andthe lowest insurance quote. All this without leaving your seat



Wise Choice Consultants helps you put it all together:

  • Consultancy on various intricate matters pertaining to Income tax.
  • Effective tax management, tax structuring and advisory services.
  • Tax Planning for Corporates and others.
  • Designing / restructuring salary structure to minimise tax burden.
  • Obtaining Advance tax Rulings.
  • Obtaining No Objection Certificates from Income tax department.
  • Obtaining PAN for assessees, employees etc.
  • Advance tax estimation and deposit.
  • Assessing the liability towards deferred taxes.
  • Providing regular updates on amendments, circulars, notifications & judgments.
  • Filing Income Tax and Wealth Tax returns for all kinds of assessees.
  • Filing Income tax returns for employees of corporate clients.
  • Liaison with Income tax department for rectification, assessment, obtaining refunds etc.
  • Expertise in complicated direct tax assessments.
  • Filing and pleading appeals under various provisions of IT Act.
  • Special expertise in search, seizure and prosecution litigation.
  • Advice on future tax implications in respect of the potential acquisition.
  • Opinions on the various Double Tax Avoidance Agreement related issues.
  • Settlement of various issues raised under FEMA.

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