Insurance refers to a mutual agreement or a policy that an individual purchases from an insurance company by paying premiums on yearly, monthly or quarterly basis to the insurance company. In return, the insurance company protects the buyer or the policyholder from any kind of loss or risk that may occur in the future.
Apart from individuals, both public and private sector organization can purchase insurance to protect their employees. It's basically a kind risk management scheme by using which the insured person can get protection against possible eventualities such as loss, sickness, death, loss done to his/her belongings etc.
Insurance is the only financial instrument that helps you manage your financial risks smoothly and reduces your financial worries.
There are different types of issuance available in India. Listed below are the major types:
It is kind of shared bond between an insured individual and an insurance company wherein you pay a certain amount of money as premiums on monthly,Read More
Another type of insurance available in India is Health insurance. It gives you protection you against the medical costs incurred in hospitalization due to illness or accidentRead More
The idea of purchasing a new car in India isn’t complete without the associative purchase of a good car insurance policy. As the name so aptly implies, car insuranceRead More
In India, the number of two wheelers massively outnumber four wheelers. Thus, for most Indians, a robust two wheeler insurance policy that protects their bikes orRead More
Traveling is one of humanity’s greatest passions, and a robust travel insurance policy ensures that travel adventures that have gone out of hand do not claw you backRead More
Like they say, ‘home is where the heart is’, which equates to the fact that ensuring the safety of your cherished home ascertains the safety and happiness of you andRead More