Navigating through health insurance is a very tedious task. The growing importance of Health insurance, specifically in the times of COVID-19, is incomparable. People do not know how to fight this, and to protect themselves from this uncertainty, humans are increasingly thinking of health insurance policies without putting a hole in their pockets. The consumers …
One gets medical health insurance done if the person faces any medical emergency, and they cannot pay the wholesome amount at a particular time. The monthly premiums given to the insurance companies make it possible for people to get treatment during medical extengies without putting a hole in their pockets. Medical Health insurance policies have …
So, how actually are health insurance premiums calculated? But first, let’s understand what is health insurance and why do we need it? Health has always been the most critical issue of our lives, but it has gained much more value in the year 2020. Thus, the need for health insurance. Basically, the premiums that the …
Life insurance is a type of insurance that pays money when the insured person dies or the period of insurance expires. It is a long term contract. Assignment and nomination are the two important features of life insurance. It helps the policyholder to manage their policies effectively. In this article, we are going to discuss …
Doing business in the insurance sector is a risky subject. To be precise we can classify them into three types. They are 1. Financial and Non Financial Risks 2. Pure & Speculative Risks 3. Fundamental & Particular Risks. So in this article, we will be discussing the type of risks that we may face in …