What is Insurance?
Insurance refers to a contract in which one party, i.e. Insurance Company or the insurer, agrees to give the loss or damage sustained to another party, i.e. the insured, by paying a definite amount, in exchange for an adaquate consideration called as premium.
Life Insurance :-
Life insurance is particularly important if you are the only earning hand for your family or if your family is heavily reliant on your income. Life insurance is defined as a contract between the policy holder and the insurance company, where the life insurance company pays a specific sum to the insured individual's family upon his death. The life insurance sum is paid in exchange for a specific amount of premium. Life is beautiful, but also uncertain.
Rs. 1CR. TERM INSURANCE AT JUST Rs. 751/- PER MONTH
Health Insurance :-
Health Insurance is bought to cover medical cost for expensive treatments. It is a basically type of insurance coverage that covers the cost of an individual's medical and surgical expenses of the individual, also known as the insured person, pays a fixed sum(premium), every year for the health cover. In case of a medical problem that necessiates surgery/hospitalization, the insured is reimbursed by the health insurance company either directly in cash or indirectly through payment to the hospital/clinic.
Rs. 5 LACS HEALTH INSURANCE FOR FAMILY AT JUST Rs. 1100/- PER MONTH
Fire Insurance :-
Fire insurance is property insurance that covers damage and losses caused by fire. The purchase of fire insurance in addition to homeowner’s or property insurance helps to cover the cost of replacement, repair, or reconstruction of property, above the limit set by the property insurance policy. Fire insurance policies typically contain general exclusions, such as war, nuclear risks, and similar perils.