LIFE INSURANCE

What is Claim Settlement Ratio?

Claim Settlement Ratio (CSR) is a crucial metric in the insurance industry that reflects the reliability of an insurance company in honoring claims made by policyholders. It represents the percentage of claims that an insurer successfully settles out of the total claims received during a specific period, usually a financial year. For example, if an […]

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What is Life Insurance? A Comprehensive Guide

Introduction to Life Insurance Life insurance is a contract between an individual and an insurance company that provides financial protection to the policyholder’s beneficiaries in case of their untimely demise. By paying regular premiums, you secure a sum of money that your loved ones will receive in the event of your death, helping them manage

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Types of Insurance: A Complete Guide to Protecting What Matters Most

Insurance is a vital aspect of financial planning, offering protection against life’s uncertainties. Whether it’s safeguarding your health, securing your assets, or ensuring your family’s future, the right insurance policy can provide peace of mind. In this guide, we’ll explore the different types of insurance available, helping you understand how each can benefit you. 1.

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What is Insurance? A Comprehensive Guide for Beginners

Insurance is a crucial financial tool that helps protect individuals, families, and businesses from unexpected financial losses. In this guide, we will explore what insurance is, how it works, and why it’s essential for safeguarding your future. Understanding Insurance At its core, insurance is a contract between you (the policyholder) and an insurance company. In

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