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Category: Insurance

Browse Registrationkraft’s Insurance Category blog posts to learn about the various types of insurance policies, latest insurance industry trends and more.

Understand the Role of Insurance Broker and Insurance Agent

Choosing the right insurance, whether for health, life, home, or business, can be complicated. People are often confused by two common terms: insurance agent and insurance broker. Although both help individuals and businesses get insurance policies, there are crucial differences in how they operate and whom they represent Key Points for Differentiation between insurance broker […]

New Insurance Cover under PMFBY for Crop Damage

Pradhan Mantri Fasal Bima Yojana (PMFBY) is a crop insurance scheme launched by the Government of India on 18 February 2016 to protect farmers from financial losses caused by crop damage. The main purpose of this scheme is to financially support farmers when their crops fail due to natural problems such as heavy rainfall, drought, […]

Plane Crash Disaster: How Insurance Companies Handle Aviation Disasters

In the wake of a plane crash, the immediate focus is on rescue and recovery operations. However, behind the scenes, insurance companies are hard at work managing complex claims and providing financial support to affected parties. Understanding how insurance companies handle aviation disasters can offer valuable insight into what policyholders and stakeholders can expect when […]

Difference Between First Party Insurance and Third Party Insurance

Are you confused about the difference between first-party insurance and third-party insurance? Don’t worry—you’re not alone! Understanding insurance can feel overwhelming, but knowing the key differences can help you choose the right coverage for your needs. Let’s break it down in simple terms. What is First-Party Insurance? Think of first-party insurance as protection for you […]

What is Life Insurance?

Life insurance is a financial tool designed to provide security and peace of mind to individuals and their families. It offers a safety net that ensures financial stability in the event of the policyholder’s death. This guide delves into the intricacies of life insurance, covering its importance, types, and benefits to help you make informed […]

Health Insurance vs. Life Insurance: Key Differences Explained

Understanding the differences between health insurance and life insurance is essential to make informed financial decisions. Both types of insurance serve critical roles in financial planning but cater to distinct needs. Let’s delve deeper into what sets them apart. What is Health Insurance? Health insurance is designed to cover medical expenses, providing financial support during […]

How to Buy Car Insurance on Phonepe

Buying vehicle insurance is a mandatory requirement, whether you own a two wheeler or a four wheeler. This is because the Motor Vehicles Act of 1988 requires all vehicles that operate in public spaces to have an insurance policy. If you’re planning to purchase an insurance policy for your car through Phonepe, this blog will […]

How to Submit Pensioners Jeevan Pramaan ( Life Certificate) Digitally?

If your life certificate for pensioner, known as Jeevan Pramaan, is expiring soon, you can submit it digitally from the comfort of your home. For getting life certificate online, only a few steps are required. Step 1: Use an android smartphone having internet connectivity and 5 megapixel front camera. Step 2: Keep the Aadhar number […]

Ratan Tata-backed Upstox enters the Insurance Business

The premier wealth management platform Upstox has announced its entry into the insurance distribution sector.  Upstox has partnered with HDFC life and featured the term insurance plans of the insurance company on the Upstox platform.  Upstox aims to revolutionize the Indian insurance industry by offering its customers a simplified, transparent and customized experience of purchasing […]

Whole Life Insurance and Term Insurance: What’s the difference?

Almost every family-inclined person feels like it is their responsibility to protect their family from the vagaries of fate. However, there is no way to ensure that your family will always be protected against tragedies. While there is no way to eliminate future tragedies, there’s definitely a way to prevent their financial consequences through the […]