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| Home :: Sevices :: Insurance |
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| Insurance is a protection against financial loss arising on the happening of an unexpected event. Insurance companies collect premiums to provide for this protection. A loss is paid out of the premiums collected from the insuring public and the insurance companies act as trustees to the amount collected. |
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| As long as there is life, death is a certainty. But when will this occur, no one knows. When the earthquake in Gujarat happened, could anyone have thought that death was really so near? Probably not. And what of those who survived? Who takes care of the financial needs of a wife or a child when earning member of the family is gone? The emotional loss of dear one is something no one can do anything about, but the financial loss can be made good. This is the basic tenet of insurance and the reason one should go for a Life Insurance. |
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| It offers some basic benefits - |
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 | Financial aid in events of untimely death and old age. |
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| Support in child education. |
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| Tax benefits. |
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| Compulsory savings. |
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| Insurance means indemnifying financial loss. It is a means of managing risk and of protection against financial loss arising as a result of contingencies, which may or may not occur. In the absence of such insurance, the burden of financial loss has to be borne by individual himself from his assets. |
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Click here for more IRDA India (Insurance Regulatory and Development Authority) details  |
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