Thursday, June 30, 2022
Connexionblog
  • Home
  • World
  • Lifestyle

    Trending Tags

    • Pandemic
  • Business
  • Entertainment
  • Sports
No Result
View All Result
  • Home
  • World
  • Lifestyle

    Trending Tags

    • Pandemic
  • Business
  • Entertainment
  • Sports
No Result
View All Result
Connexionblog
No Result
View All Result
Home Business

Alert: Buying an insurance policy for the first time, so pay attention to these points

Connexionblog by Connexionblog
April 24, 2022
in Business
0
Alert: Buying an insurance policy for the first time, so pay attention to these points
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Life and General Insurance

Life and General Insurance

As the name suggests, life insurance is meant to cover the life of the policyholder. In the event of death of the policy holder within the term of the policy, the insurance company will pay a sum assured amount to the nominee of the policy. The most common life insurance policies in India are whole life insurance, term life insurance, endowment plans, unit-linked insurance plans (ULIPs), child plans and pension plans. Whereas, general insurance covers all non-life insured assets including health, home, motor, fire and even travel. Read the news till the end to know what are the things to keep in mind while buying insurance for the first time.

understand your needs
Research why you need insurance, whether it is to provide cover to your family in case of your untimely death or to ensure fair compensation in case of a fire at your business premises. Are you looking for insurance for a fixed term or for life? These decisions will affect the type and duration of your insurance.

check your budget

check your budget

Today one can buy highly affordable insurance at very low premiums. One can also choose the coverage according to his need. For example, if you typically travel alone, you can omit passenger coverage when purchasing motor vehicle insurance.

protect your health
The first priority should be health insurance. This ensures that you have the ability to receive proper health care in an emergency. This can affect your reclaimer ability, your future earnings and will protect your savings.

Company research is very important

Company research is very important

While buying insurance, it is always advisable to check the claims settlement ratio of the company. It is the percentage of life insurance claims based on the number of claims an insurance company has settled in a year as compared to the total claims in that year. That is, suppose this ratio of a company is 99 percent, then that company has got 100 claims, out of which it has settled 99. Always try to buy insurance from a company that has a high settlement ratio. With the rest of the digitization, buying insurance today has become much easier. Buyers can research and compare and buy a policy in a matter of minutes. Insurance companies have also increased their reach among the people.

fbq('track', 'PageView');

Previous Post

Garlic Paratha Recipe: Try it in breakfast, Garlic Paratha is full of nutritious properties, health will remain healthy

Next Post

Editor’s Choice: Last Week’s Best Photos – Connexionblog

Connexionblog

Connexionblog

Related Posts

Alert: US GDP declined, know India's loss
Business

Alert: US GDP declined, know India’s loss

by Connexionblog
June 30, 2022
Alert: US GDP declined, know India's loss
Business

Alert: US GDP declined, know India’s loss

by Connexionblog
June 30, 2022
Last chance: Bikes and vehicles of these companies will become expensive from tomorrow, know details
Business

Last chance: Bikes and vehicles of these companies will become expensive from tomorrow, know details

by Connexionblog
June 30, 2022
Gold आज हुआ और सस्ता, चांदी के रेट भी तेजी से घटे
Business

Gold became cheaper today, silver rates also decreased sharply

by Connexionblog
June 30, 2022
डेडलाइन- इन कामों को आज ही करना जरूरी है
Business

Last date: tackle these 3 tasks today, otherwise there will be loss

by Connexionblog
June 30, 2022
Next Post
Editor's Choice: Last Week's Best Photos - News List

Editor's Choice: Last Week's Best Photos - Connexionblog

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Automobile
  • Business
  • Entertainment
  • National
  • Technology
  • World

Browse by Tags

auto news bollywood bollywood news in hindi Business car bike news celebs Connexionblog Cooking hacks Cooking Tips Cricket Czech Easy Food Recipes entertainment from the world Healthy Food hindi news Instant Food recipes ipl 2022 Kitchen Tips list Madhya Pradesh News Mask Message Narendra Modi News News24 no News24hindi Prague Recipe Of The Day Religion Reports Russia-Ukraine war Russian Seznam Snack Recipes social media sports Television Trending trending video Ukraine Video Viral Video War Zprávy

Categories

  • Automobile
  • Business
  • Entertainment
  • National
  • Technology
  • World

Browse by Tag

auto news bollywood bollywood news in hindi Business car bike news celebs Connexionblog Cooking hacks Cooking Tips Cricket Czech Easy Food Recipes entertainment from the world Healthy Food hindi news Instant Food recipes ipl 2022 Kitchen Tips list Madhya Pradesh News Mask Message Narendra Modi News News24 no News24hindi Prague Recipe Of The Day Religion Reports Russia-Ukraine war Russian Seznam Snack Recipes social media sports Television Trending trending video Ukraine Video Viral Video War Zprávy

Recent Posts

  • Film actor KRK taunted by sharing this picture of PM Modi
  • Army camp hit by landslide in Manipur, 55 jawans buried in mud, bodies of 6 soldiers recovered so far
  • J&T Arch Investments will buy 9.99 percent at Moneta Money Bank – News list
  • About Us

© Connexionblog 2022. All Rights Reserved.

No Result
View All Result
  • Home
  • World
  • Lifestyle
  • Business
  • Entertainment
  • Sports

© Connexionblog 2022. All Rights Reserved.