Life insurance is a complex concept. You buy a policy that provides compensation in the form of a lump sum amount to your beneficiaries when you are gone. Life insurance provides a financial shield to you and your dependents after your demise.
Life insurance is a complex concept. You buy a policy that provides compensation in the form of a lump sum amount to your beneficiaries when you are gone. Life insurance provides a financial shield to you and your dependents after your demise.
The true value of any insurance policy lies in the payment of a claim, and we will fight the corner of a customer very hard indeed.
We believe everyone must fully understand what they are buying and know both the positives and the negatives. They should know the options and choose what is best for them and their needs.
Health Insurance is an insurance policy that ensures that you get cashless treatment or expense reimbursement, in case you fall ill.
Vehicle insurance is insurance for cars, trucks, motorcycles, and other road vehicles. Its primary use is to provide financial protection against physical damage or bodily injury resulting from traffic collisions
Property insurance is a policy that provides financial reimbursement to the owner or renter of a structure and its contents in the event of damage
Liability insurance is a part of the general insurance system of risk financing to protect the purchaser from the risks of liabilities imposed by lawsuits and similar claims.
Financial insurance is a type of insurance policy that is frequently purchased by businesses. It provides coverage that protects them from losses due to a partner in a contract failing to meet their obligations.
An employee benefit insurance plan refers to insurance offered by employers to their current employees in the form of a group insurance program.
Peace of mind – Most of us live in stressful environments, with our lifestyle and health taking a beating due to this. The added burden of what the future might hold is bound to increase this stress, which could lead to illnesses and/or breakdowns. Purchasing an insurance plan provides peace of mind, enabling us to continue with our lives without having to think about what could happen in the future.
Protects interests of family – A number of us work to provide the best for our families. A good life insurance plan ensures that the family of an insured individual is financially taken care of even after his/her death. One can purchase a policy to fund the education of a child, provide money for the wedding of a loved one, etc.
Savings – While a life insurance plan might not be intended towards inculcating the habit of saving, it can help one save money for the future. Certain policies offer returns which are linked to the market, while other offer bonuses on maturity.
Tax benefits – Investing in a life insurance plan helps one save tax. Individuals can avail tax benefits or tax rebates under various sections of the Income Tax Act. While there is a limit on the deductions permitted on premiums paid, the amount received as a death benefit does not attract any tax.
VIEW DETAILSHigh value - To protect something they have purchased that has a high value (such as a house, a car or perhaps jewelry or painting) and which would be expensive to replace. Often a loan has been taken out to purchase the items
Catastrophe - To protect their property and possessions against a disaster, such as a fire, flood, cyclone or another calamity
A specific event - To protect them when they are doing something not covered by their normal insurance policies, such as traveling overseas
Liability - To provide financial protection if sued – for example, if a visitor should sue you for negligence after injuring themselves on your property
VIEW DETAILSWhile dental and vision care are typically the second and third most popular employee benefits after health insurance, employers should look long and hard at short term disability and long term disability insurance as "must haves" in their benefits portfolio.
Read MoreEmployees who take qualifying leaves of absence are provided multiple protections by way of the Family and Medical Leave Act (FMLA), the Uniformed Services Employment and Reemployment Act (USERRA), and many state laws.
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