In the insurance industry, a participating life insurance policy is also called a par policy. It provides an assured sum at maturity along with insurance cover
The fierce competition for talent is one of the key driving forces encouraging corporations to invest in benefits for employees.
To expand their business, life insurance companies are coming up with NFOs. Why do insurance companies come up with NFOs? Should one invest in these NFOs or not?
According to a survey by insurance portal PolicyBazaar, cost of treatment has more than doubled in the last five years
Motor insurance add ons can help you safeguard your car's valuables at little extra cost
One of the biggest drawbacks of having just a group insurance plan is the seriously limited choice of the doctors and specialist network you can avail services from. Any professionals out of this list might not be covered by the policy.
On surrendering the policy, the policyholder gets a part of the premium paid, which is called the surrender value. In premature closure of the insurance policy, the policyholder has to bear the loss.
People mistake travel insurance for accident insurance and tend to overlook it. Domestic travel insurance covers various incidents, ranging from medical emergencies to loss or theft of belongings.
It is necessary to renew your motor insurance policy before it expires. In the event of an accident, a hefty fine will also have to be paid from your own pocket. Non payment of premium of the motor policy also means losing out on the no claim bonus discount.