Insurance is a means of protection from financial loss. It is a form of risk management primarily used to hedge against the risk of a contingent, uncertain loss. The amount of money to be charged for a certain amount of insurance coverage is called the premium.
Medical expenses are sky high these days, but was never cheap ever. Even a small treatment or an appointment with a doctor might consume a lot of money. Health insurance is a must, it saves money and covers unexpected calamities. Health insurance comes in handy to meet emergencies of severe ailment or accident. Sometimes it is associated with covering disability and custodial needs. Life is unpredictable, insurance can make it safe and secure from bearing huge loss. Health insurance is affordable and carries the assurance and freedom from insecurities that threaten life now and then.
We liaise with the leading health insurance providers in India and buying through us enables analyzing costs and benefits from the pool of policies matching your requirements and of course not to forget the quality service offered by us.
Life insurance is important to people who want to protect their family from financial distress after their death. It can be used to provide financial security for loved ones.
The proceeds from a life insurance policy are paid to the beneficiary on a tax-free basis, which provides a lump sum that can be used for a number of purposes. Depending on the type of policy chosen, life insurance can also provide a savings component for the policyholder.
Life insurance is a product that should be included in a plan to protect the policyholder and his or her family from financial disaster. Life insurance is important because it can be used to pay bills and expenses on behalf of the deceased. The funds from a death benefit replace the policyholder’s income and can be used to help to maintain a lifestyle similar to the one the policyholder’s family had before disaster struck. It is one of the most loving things that a person can do for his or her family, since the person who is insured will not be benefiting from the coverage – the ones he or she loves the most will instead.
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NIVESHALAYA LLP is a Financial Distribution firm in investment sector. NIVESHALAYA LLP provides an opportunity to individuals to understand the benefits of varied financial products and their risks before investing which is pivotal in taking accurate decisions.
