Want to know about Life Insurance concepts: Learn about Conventional Life Insurance, Surrender Value, Paid-up value,Loan on Policy, Unit Linked Policies, Settlement options, Premium Allocation Charge, Net Asset Value (NAV),Mortality Charges. Read…
Life Insurance is a financial cover for a contingency linked with human life, like death, disability, accident, retirement etc. Human life is subject to risks of death and disability due…
Q. What is Health Insurance?Ans. The term health insurance is a type of insurance that covers your medical expenses. A health insurance policy is a contract between an insurer and…
Frequently Asked Questions about Insurance Intermediaries in India
Motor insurance, a important branch of insurance, had its beginnings in the United Kingdom in the early part of the last century. The first motor car was introduced into England…
To regulate the activities of these Insurance Companies, and prevent them from becoming speculative, and force them to act on sound Actuarial principles, the Life Insurance Companies Act was passed…
Prof. S. S. Huebner, the famous social scientist of America published his treatise on this subject of human life value in 1927. He proposed the human life value concept as…
From very rudimentary beginnings, the concept of insurance has travelled a long distance as to become an effective engine for the development of economy. The present day economy, it is…
Individual’s income is dependent upon the investment of his time. Over a period of time, he saves sufficiently to provide for the time, when he is too old to earn.…
From cave age till date, the story of evolution of mankind is in fact a saga of continuous search for security. His problems have remained the same through the centuries…