FAQ on Insurtech
1. What is Insurtech? Insurtech, short for insurance technology, refers to the innovative use of technology to enhance and streamline the insurance industry. It encompasses various digital solutions such as…
FAQs on Assignment in Life Insurance
1. What is an assignment in life insurance? Assignment in life insurance refers to the transfer of ownership rights or benefits of a life insurance policy from the policyholder (assignor)…
Nominee in Life Insurance
1. What is a nominee in life insurance? A nominee in life insurance is an individual chosen by the policyholder to receive the benefits of the insurance policy in the…
Difference between LIC and other Private Insurers
1. What is the primary difference between LIC and other private life insurers? The primary difference between LIC (Life Insurance Corporation of India) and other private life insurers is the…
FAQs on Fire Insurance in India
Here are 10 FAQs on Fire insurance in India: Q1. What is fire insurance? Fire insurance is a type of property insurance that protects against financial losses arising from…