Insurance
What is Insurance?
In order to select the best insurance policy for you, it is important to pay attention to the three critical components of every insurance policies, which are the deductible, premium, and policy limit
Types of Insurance
Life Insurance
Life Insurance is a policy or contract between an insurance holder and an insurer where the latter promises to pay a designated sum of money to the family on the death of the insured person. Depending on the policy, other events such as critical illness or accidental policy can also be added to trigger the payment. The policyholder pays a premium on a regular or lump sum basis.
General Insurance
General Insurance or non-life insurance is a policy that covers health expenses, and secured losses on non-life entities such as automobiles, homes, machinery, or any physical entity. This policy provides payments depending on the loss from any particular financial event. General insurance is typically defined as any insurance that is not determined to be life insurance.
Benefits of Insurance
Financial Security
Insurance provides financial support and reduces uncertainties that you may face at any step of your lifecycle.
Future Safety
An Insurance is able to protect your future lifestyle by securing you from every loss that can disturb your financial life.
Affordability
You can cover almost every entity at a very low premium rate with a high coverage amount. It is highly affordable.
Easy Process
Whether you are familiar or unknown with the insurance, getting insurance is a really non-complex and easy process.
Wide Variety
Insurance comes in all different sizes and as per your requirement, so you cover any valuables in the desired way.
Peace Of Mind
When you are financially secured from every uncertainty of the coming future, you attain a greater peace of mind in your life.
