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Tag: Insurance

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 […]

The Complete Guide to Obtaining Your Insurance Surveyor License in India

As we all know our future remains uncertain and it is hard to determine what will happen in the future. Many times, disasters hit, people lose lives, and suffer massive damage. In such a critical scenario, insurance plays a pivotal role in making our lives easier by giving us an assurance that most monetary losses […]

Understanding Climate Risk Insurance in India

Have you ever heard about climate risk insurance? Do you know what does it mean? Well, if you don’t know about this type of insurance, you can get to know everything about climate risk insurance in the following post. With the paradigm shift in the behavior of the climate, it is no surprise that it […]

How Insurance Companies Detect and Prevent Fraudulent Claims?

Insurance claim fraud is the illegal act of misleading and exploiting a company or an individual holding an insurance contract. For instance, a policy seller might sell somebody a policy by a company that does not even exist, or make fake promises to the buyer for the sake of earning more commission. In a similar […]

Know Everything about an Insurance Broker License

In the insurance industry, many companies sell various insurance products, such as health insurance, life insurance, and general insurance. Every insurance company offers multiple policies to cover the unique needs of policyholders. In India, an insurance broker is required to have a license to provide insurance services legally. In this article, you will learn about […]

What Is Insurance Regulatory and Development Authority (IRDAI)

The insurance companies in India are regulated by the IRDAI and it makes regulations for the insurance sector which must be fulfilled by the companies to operate the insurance business without any intervention of the authority. Also, it ensures that the rights of the insurers will be safe so that they don’t face any problem […]