What Is Insurance Nominee and Why Is It Important?
A nominee is the person you choose to receive the money from your insurance policy after your death. This is a very important step when buying life insurance. If you …
The Art of Risk Management in High-Stakes Trading
Trading is more than just analyzing charts and making decisions based on trends; it’s an intricate blend of strategy, psychology, and, most importantly, risk management. Without effective risk management, even …
What Is the Role of an Insurance Agent?
An insurance agent is a person who helps you understand, buy, and manage insurance. Agents are trained professionals who know the products offered by one or more companies. Their job …
What Is Term Insurance with Return of Premium (TROP)?
Term insurance with return of premium (TROP) is a special type of term plan. It gives life cover like normal term insurance, but if you survive the policy term, you …
What Is Insurance Claim and How to File It?
An insurance claim is the process of asking the insurance company to pay you money when something covered by your policy happens—like an accident, death, or medical treatment. To file …
What is Insurance and Why Is It Important?
Insurance is a way to protect yourself from big financial losses. You pay a small amount every month (called a premium), and the insurance company promises to help you if …
What Are Cashless and Reimbursement Claims?
There are two ways to use your health insurance: cashless claim and reimbursement claim. Cashless claim means you don’t pay hospital bills yourself. If you visit a hospital that is …