Abstract
First, understand the literal meaning of insurance. It means an assurance against unforeseen and unfortunate loss. This means you can be compensated if you encounter an unfortunate event and incur a financial loss because of it. There are two types of insurance one is general insurance, and another is life insurance so under the general insurance there are some categories that is health insurance, life insurance, home insurance, travel insurance, liability insurance and fire and hazards insurance. And for the life insurance term life insurance, moneyback plans, child educational plans, unit linked insurance plan (ULIPs). must have life insurances are term insurance plan, retirement plan and child plans.
Published Version
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call