What Is Underwriting In Insurance?

A person seeking life insurance cover has to make an application to the insurer. Such an application is called as ‘proposal’. The person applying for insurance is called the proposer. The insurer then decides about the proposer’s admissibility to the…

What is a Claim in Insurance?

What is Claim in Insurance? Claim is the demand for performance of the promise made by the insurer at the time of making the contract. The insurer pays claim only when the insured event happens. Before settlement of claim, the…

Types of Investors

Before making an investment decision, investor should make a good portfolio. Portfolio of an investor totally depends upon his/her risk taking ability. Investors who want to live on the interest of their investments allocate larger part of their money to…

Buy Insurance Policies with Care

Before buying an insurance policy, you should read and understand the policy documents carefully to clear out doubts as many times insurers and their intermediaries tries to Mis-sell their insurance products. What you should do before buying insurance products: Buy…