![]() ![]() ![]() Many companies have joined their hands with international firms to provide better service to people. However, now in India, the insurance industry has 34 General insurance companies and 24 life insurance companies with many benefits as well as customized offers to financially safeguard individuals against life's uncertain events. You can compare plans, benefits, limitations, along with the comparison between top-notch insurance companies- this can help you make a better decision based on your requirements and future life goals.Įarlier, in India, only two Insurance companies were available, namely– Life Insurance Corporation of India and General Insurance Corporation of India. However, you can make a decision to buy term plan by doing thorough research online. The insurance policy protects you against the uncertain events of life which might leave adverse effects on you or your family.Īlso, what makes insurance a little complex is so many varieties to choose from and the calculation for the policy period, cover amount, premium pay, etc. ![]() Let us simplify it a bit for you all - when you buy an insurance policy, you come into a contract with the insurer to provide you with financial aid in return for this you are required to pay off regular premiums. The best part of an insurance policy is, it provides financial aid depending upon the specific requirement of an individual, this can vary from person to person, and what could be beneficial for someone can turn out to be totally useless for someone else.įor any individual who is a newbie to this field, the concept of insurance seems a little complex. ![]()
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