Impact of Insurance on SMEs

Impact of Insurance on SMEs

Insurance plays a crucial role in the growth, stability, and sustainability of Small and Medium Enterprises (SMEs). These businesses often face multiple risks, such as property damage, theft, accidents, liability claims, and financial uncertainties. Insurance helps...
Whole life insurance policy

Whole life insurance policy

Whole Life Insurance Policy A whole life insurance policy is a permanent life insurance plan that provides lifelong coverage and builds a tax-deferred cash value over time. Unlike term insurance, which covers a specific period, a whole life policy stays active as long...
Unit Linked Insurance Plans (ulips)

Unit Linked Insurance Plans (ulips)

A Unit-Linked Insurance Plan (ULIP) combines life insurance coverage with market-linked investment. Part of the premium pays for life cover, while the rest goes into various market funds. As a result, it offers both protection and an opportunity for long-term wealth...
Health Insurance Claim

Health Insurance Claim

    A health insurance claim is a formal request from a policyholder to their insurance provider for compensation of medical expenses incurred during a treatment. Understanding the two primary types of claims, the respective procedures, and the most common...
GMC(Group Medical Coverage)

GMC(Group Medical Coverage)

  A GMC policy is short for Group Medical Coverage, a type of health insurance plan that covers a group of people, most commonly employees of a company, as well as their dependents. This collective insurance plan provides financial protection for various medical...
Money Back Policy In Life Insurance

Money Back Policy In Life Insurance

  A money-back life insurance policy is a type of life insurance plan that provides a combination of insurance coverage and periodic payouts during the policy’s term. Unlike traditional plans that pay out only upon maturity or the policyholder’s...