Insurance Company
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What is Car Insurance?
Car insurance acts as a protection shield against any damages to your beloved car. These damages can be caused due to natural calamities such as floods, third-party liabilities, and theft, and other man-made calamities. In this way your car is secured financially at the time of any unfortunate event; as they say, accidents come unannounced. Car insurance covers you from such unfortunate events. As per the Indian Motor Vehicle Act of 1988, if you own a car in India, you…
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Postal Life Insurance
Postal Life Insurance (PLI) was introduced on 1st February 1884.It started as a welfare scheme for the benefit of postal employees and was later extended to the employees of the Telegraph Department in 1888. In 1894, PLI extended insurance cover to female employees of the erstwhile P & T Department at a time when no other insurance company covered female lives. It is the oldest life insurer in this country. Over the years, PLI has grown substantially from a few hundred…
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There are two basic types of term life insurance policies: level term and decreasing term.
There are two basic types of term life insurance policies: level term and decreasing term. Level term means that the death benefit stays the same throughout the duration of the policy. Decreasing term means that the death benefit drops, usually in one-year increments, over the course of the policy’s term. In 2003, virtually all (97 percent) of the term life insurance bought was level term. For more on the different types of term life insurance, click here. Whole life/permanent Whole…
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The type of insurance everyone needs to know about
The type of insurance everyone needs to know about. In case you are always worried about different aspects of life, and there are always thoughts that you should get insurance for yourself. But, there is no doubt it is a difficult decision especially when you are not aware of the different insurance policies and types. Whenever you are going for an insurance policy you should first get proper research done in this regard. Let us explain a few types of…
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All About Car insurance
All About Car insurance All About Car insurance Everyone thinks about the best features or the flashiest cars on the market while purchasing any. But, it is often seen that customers often forget to think about the best car insurances for securing the future of vehicles and have protection from the compensation of damages. What is Car Insurance? Car Insurance is a part of Vehicle Insurance, insurance for cars, trucks, motorcycles, and other motor vehicles. Its primary goal is…
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