How many types of insurance in India | By Ishan [Hindi]
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. What is an insurance coverage?: Insurance coverage is the amount of risk or liability that is covered for an individual or entity by way of insurance services. Insurance coverage, such as auto insurance, life insurance – or more exotic forms, such as hole-in-one insurance – is issued by an insurer in the event of unforeseen occurrences. What is in an insurance policy?: In insurance, the insurance policy is a contract (generally a standard form contract) between the insurer and the insured, known as the policyholder, which determines the claims which the insurer is legally required to pay. What does an insurance company do?: Insurance companies basically do three things with the premium dollar. First, they pool the money to pay claims. Second, insurance companies pay for expenses involved in selling and providing insurance protection. … Earnings from investments help keep down the cost of insurance to policyholders. What type of car insurance covers your car if it is stolen?: Most comprehensive coverage policies will cover you if your car is stolen. These types of policies usually protect you and your car against problems not caused by collisions, such as theft, vandalism, and breakdowns. Be sure you know what your car insurance policy covers before something like this happens. Disclaimer- Some contents are used for educational purpose under fair use. Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for “fair use” for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use. All credit for copyright materiel used in video goes to respected owner. Keep Supporting Us :- Website : Email : help@ishanllb.com Facebook Official : Tags:-how many type of insurance,types of life insurance in india,types of insurance policies in india,main types of insurance,types of life insurance policies in india,types of general insurance,insurance kya hota hai,health insurance kya hota hai,what is insurance in hindi language,what is general insurance in hindi,general insurance knowledge in hindi,insurance kitne prakar ke hote hai,insurance policy meaning in hindi,insurance ke kya fayde hai,insurance in hindi
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