The life and property of an individual are surrounded by the risk of death, disability or destruction.
These risks may result in financial losses. Insurance is a prudent way to transfer such risks to an insurance company.
Insurance is a legal agreement between two parties i.e. the insurance company (insurer) and the individual (insured). In this, the insurance company promises to make good the losses of the insured on happening of the insured contingency. The contingency is the event which causes a loss. It can be the death of the policyholder or damage/destruction of the property. It’s called a contingency because there’s an uncertainty regarding happening of the event. The insured pays a premium in return for the promise made by the insurer.
Experience quality risk advisory and management services with our insurance solutions.
These risks may result in financial losses. Insurance is a prudent way to transfer such risks to an insurance company.
Insurance is a legal agreement between two parties i.e. the insurance company (insurer) and the individual (insured). In this, the insurance company promises to make good the losses of the insured on happening of the insured contingency. The contingency is the event which causes a loss. It can be the death of the policyholder or damage/destruction of the property. It’s called a contingency because there’s an uncertainty regarding happening of the event. The insured pays a premium in return for the promise made by the insurer.
Experience quality risk advisory and management services with our insurance solutions.
Life Insurance
Life insurance is a contract where the insurer pays a Sum Assured as Death Benefit to the nominee of deceased life assured or a Sum Assured as Maturity Amount to the policyholder, in case the life assured survives the policy term.
Auto Insurance
Motor insurance is a contract that protects against financial loss from damage to one's own vehicle and/or to a third party resulting from an accident, theft, or natural calamities.
Personal Accident Insurance
Personal accident insurance provides financial protection against accidental injuries, accidental temporary loss of income, accidental death, or accidental permanent disablement, offering compensation to the insured or beneficiaries.
Health Insurance
Health insurance provides protection against financial loss in case of medical emergency and covers medical and/or surgical expenses in cashless or in reimbursement mode.
