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Showing posts from December, 2021

What is the working procedure of a life insurance policy?

  A life insurance policy is defined as a contract between an insurance company and an individual. Here, the insurance company is known as the insurer, whereas the individual is known as the insured. It's often known as "the life assured." Here, the insurance company pays a specific amount of money to the beneficiary's family after the insured's demise up to a certain period. The insured will be required to pay a certain premium to the insurance company for a specific number of years. In the case of certain policies, you can execute the option of acquiring critical illness advantages or devise an additional protection plan for your family if you pass away from a sudden accident. Keep reading on to learn  how to become a health insurance agent . Why should you choose a  life insurance policy  in  India ? A life insurance policy is crucial, as it can shield you against critical illnesses. These life insurance policies are necessary to cover you from serious ailmen...

What's so special about the home insurance policy in India?

  A home is the safest abode, which offers us warmth, peace, and comfort that we all look forward to visiting at the end of an exhausting day or a hard day at the office. Nevertheless, our homes are prone to burglary and damages. Most of these damages can occur due to man-made disruptions or natural calamities. To shield your home from future threats, you can opt for a home insurance policy in India . These policies can enhance the security of your home's contents, belongings, or furniture against unpredictable calamities.  What are the perils covered under a home insurance policy? The following threats can be covered under this policy: lightning  fire impact damage explosion or implosion aircraft damage cyclone, typhoon, storm, hurricane, flood, tornado, and tempest strike, riot, and malicious damage landslide and subsidence  overflow or burst of pipes, apparatus, and water tanks Bush fire missile testing operations leakages The best life insurance policy can prot...

How to become an insurance agent?

The task of selling an insurance policy is rewarding and comes with amazing potential for future growth. It is the best way to commence your career or bring about a much-needed change. However, are you aware of the steps you'll be required to follow to become an insurance agent? Have a look at some of the fundamental steps involved in working with health insurance companies . To get started, decide the type of insurance policy you're willing to sell. In the insurance industry, this is known as "lines of authority." Choose to sell a life insurance policy. You'll have to sell annuities and policies that aim to offer a certain sum of money to the beneficiary after the insured's demise. Health insurance is related to the sale of medical products, disability support policies, medicare supplements along with long-term care policies. The sale of property insurance revolves around selling policies to commercial and residential property owners and inland marine polici...

How to become a health insurance agent?

India is one of the fastest-growing economies but lacks in its healthcare infrastructure development. Very few employers in the nation offer steps to secure the healthcare needs of their employees. Even if they do provide insurance coverage, the same is subject to the condition that the beneficiaries can enjoy the benefits of the same till they are associated with the same. Once they quit, the same lapses. Having a life insurance policy in India is crucial, especially when you are in your 20s. It is because once you turn 30, your chances of premium hikes and your pre-existing conditions remain untreated. Another harsh reality is that the youngsters often spend time compare car insurance online but rarely take similar initiatives for their health. Why is a good life insurance policy in India crucial? With the increase in obesity, stress, heart issues, etc., the number of deaths in the nation has increased. The same can also be attributed to several patients' lack of sufficient fun...

The essential factors to consider to buy a health insurance plan

  Unlike developed countries, many in India do not take insurance seriously. Only during distress situations do they know its value which can be too late to save precious lives. Many fail to buy health insurance plans that could be the best investment for the entire family's safety.   It is the reason that though the global insurance market is to increase from 5.5 to 6.4 trillion dollars from 2021 to 2025, India is lagging with only 280 billion dollars in 2020.  But it offers a floodgate of opportunities for POS agent insurance to have a career that gives monetary benefits and soul satisfaction of saving people.  Hence,  continue reading to know the need to buy  health insurance plan and consider factors before not suffering without money for emergency medical expenses.  The need to buy a health insurance plan The deadly virus has taught us about the need to take health insurance in India and worldwide for over a year.  Its deadly strike cost t...