How to Settle Life Insurance Claims

easy and fast way to file claim,how to settle life insurance claim,maturity claim The simple and timely settlement of a valid claim is an important function of an insurance company.  The parameters to judge an insurance company’s efficiency is to check the past history of settlements of valid claims.  The timely settlement of claims with kindness and fairness shows the maturity of the company and may lead to great satisfaction of the client.  The main job of the company is not only to insure but more than that it is the immense responsibility of the company to honour valid...

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Unit Linked Insurance Policy

Unit Linked Insurance Policy ULIP means Unit Linked Insurance Policy. A ULIP is a life insurance policy which provides a combination of risk cover and investment. The dynamics of the capital market have a direct bearing on the performance of the ULIPs. In this policy the investment risk is borne by investor.  After deducting the allocation charges a portion of premium paid by investor is invested in equity market in the form of units....

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TRADITIONAL LIFE INSURANCE POLICIES

In market there are different types of Life insurance policies are available for the different requirements of the peoples. A few popular are described below for all just to have an idea and choose whichever suits your requirement. TERM POLICY Term Life Insurance Policy is as its name suggests is taken for a specific term or a period of time and if the insurer dies during this period the nominee will get the sum assured.  This policy is...

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History of Life Insurance in India

History of Life Insurance in India Life insurance business in India begins in 1818 with the establishment of Oriental Life Insurance Company in Calcutta, but failed in 1834. The Madras Equitable had started the life insurance business in 1829 in Madras Presidency. The British Insurance Act came into effect in 1870. The Bombay Mutual (1871), Oriental (1874) and Empire of India (1897) were started their business in the Bombay Residency....

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Life Insurance for You

Life Insurance for You, Importance of Life Insurance,How much is enough Life Insurance for you is a way to protect your survivors and dependents against financial hardship. It’s a means of spreading financial risk among a large number of people who pay into a fund or pool. In this the cost is minimized for those who suffer an unexpected misfortune. A life insurance contract or policy is a legal agreement between you and an insurance company...

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