Sum Insured vs Sum Assured | Sum assured is benefit and sum insured is reimbursement of any insured loss. Read difference between sum insured and sum assured.
Insurance should be your first goal while planning your financial plan. Health insurance, life insurance play are very important. Read all about insurance, insurance types, how to plan your insurance at b4investing.
What is Insurance Grace Period? It is the specific additional time you get after the due date to pay the premium to avoid a policy lapse. Read all about insurance grace period on b4investing
Insurance gives financial security to policy holders during difficult time. Read what is the difference between life insurance and general insurance on b4investing.
Full form of ULIP is Unit Linked Insurance Plan, a type of life insurance policy, which offers you investment and insurance together. Read all about ULIP | ULIP or Mutual Fund on b4investing.
Term insurance provide protection to an individual and financial security to the family against unforeseen events. There are several types of term insurance plans available in the industry, let’s discuss them in detail.
Insurance that does not come under the ambit of Life insurance is called General Insurance. It is a common term used for all other insurance plans except life insurance that are instrumental in safeguarding your valuables against theft, fire, natural disasters, accidents, etc.
Regular health insurance plans cover upto a year whereas a long – term health insurance plan tends to extend its cover for 2 to 3 years.
Every individual have different requirements at various stages of life. There are many financial challenges for the current generation. 25 years of education, 30 years of work and rest retirement.
Insurance is something which people buy to protect themselves from losing money. In return, a person gets money if something happens to his insured thing or insured person. Mainly, there are 3 types of insurance.