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Group insurance is a unique product which offers life insurance protection to a group of people under one policy contract. These policies are used b…
Rating for Nonmedical Risk Factors
Flat extra There is a scientific reason behind the method of rating the case. This method depends on the type of risk that the extra premium is bein…
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Since the opening of the insurance sector, along with the innovation in health insurance products there have also been an increase in service standa…
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The IRDA defines health insurance as the effecting of contracts which provide sickness benefits or medical, surgical, hospital or other health plans…
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Health insurance is the purchase in advance of health coverage by a group or an individual paying a fee called premium. It broadly includes all fin…
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Fundamentals of Life Insurance BASIC CONCEPTS AND DEFINITIONS Insurance can be defined as an economic device that provides financial protection agai…
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