What are the benefits of having life insurance plans? - PowerPoint PPT Presentation

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What are the benefits of having life insurance plans?

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Apply for life insurance: First, I will explain to you, ” what is life insurance?” Later, I will explain their benefits. – PowerPoint PPT presentation

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Date added: 24 October 2019
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Provided by: rokdabazaar
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Title: What are the benefits of having life insurance plans?


1
What are the benefits of having life insurance
plans?
Apply for life insurance First, I will explain
to you, what is life insurance? Later, I will
explain their benefits. Insurance is a means of
protection from any financial loss. It will act
as risk management that will save you from going
bankrupt. Life insurance or life assurance is a
contract between an insurance policyholder or an
insurer or an assurer. An insurer promises to
pay a beneficiary amount in exchange for a
premium. A person who is providing insurance is
known as an insurer or an insurance company. A
person who buys the insurance and paying a
premium every month is known as insured or a
policyholder. The amount to be charged by the
insurer to the policyholder for the coverage
outlined in the insurance policy is called
premium. Online Insurance Plans is the best
plans nowadays because it is available everywhere
online.
2
  • Types of Insurance
  • Auto insurance Auto insurance protects the
    policyholder against financial loss in the event
    of an incident involving a vehicle they own such
    as in a traffic collision. Coverage typically
    includes in auto insurance are
  • Property coverage It involves damage to your
    vehicle or somebody steal your vehicle.
  • Medical coverage If you met with an accident,
    then your medical coverage and the repair money
    of your vehicle.
  • Health insurance Health insurance policy covers
    all the costs of medical treatment. In health
    insurance, there is dental insurance that deals
    with dental treatment costs, and there is
    another medical insurance policy. In most
    countries, health insurance is added to the
    employers benefit.
  • Life insurance Life insurance provide benefits
    to a decedents family and also provide for an
    income to an insured persons family. Life
    insurance is a contract between the insurance
    policyholder and insurer. The policyholder pays
    the premium either regularly or lumps of cash.
    After the death of a person, life insurance also
    covers the burial and funeral costs. Life
    Insurance Online where you can fill your life
    insurance forms online and have your insurance
    started.

Benefits of Apply for life insurance
3
  • Risk coverage Insurance provides risk coverage
    to the insured family in the form of the
    beneficiary amount of money in exchange for a
    premium.
  • Cover for health expenses Life insurance policy
    also covers hospital expenses and critical
    illness treatment.
  • Financial security Having a life insurance
    policy brings you peace of mind. This is because
    if someone in the family demise, they know their
    family members will have financial support.
  • List of a few companies who provide life
    insurance
  • Life Insurance Corporation of India This is
    under the public sector and founded in 1956.
    Headquarter of Life Insurance Corporation of
    India is in Mumbai.
  • HDFC Standard Life Insurance Corporation Limited
    This is under the private sector and founded in
    2000. Headquarter of HDFC Standard Life Insurance
    Corporation Limited is in Mumbai.
  • Max Life Insurance Corporation Limited This is
    under the private sector and founded in 2000.
    Headquarter of Max Life Insurance Corporation
    Limited is in Delhi.
  • ICICI Prudential Life Insurance Co. Ltd. This
    is under the private sector and founded in 2000.
    Headquarter of ICICI Prudential Life Insurance
    Co. Ltd. is in Mumbai. Rokdabazaar has tied up
    with all the companies who provide life insurance
    and can give you the best offers and interest.
    Apply for Life Insurance Online and have a peace
    of mind and also get insured money.

Contact Us info_at_rokdabazaar.com
www.rokdabazaar.com
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