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insurance types- what is insurance known in detail

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insurance types: What is insurance? You must have heard about life insurance at some point or the other, if we see, nowadays, we definitely get to see insurance advertisements on the internet, inside the TV, inside the mobile, if you also want to go. What is the meaning of insurance, in this article we are going to give you complete information about this, so read it very carefully because it is the question of our life –

what is insurance?

This means “insurance” which means there is a way to deal with any kind of incident or loss that may happen to us in the future, it is common nowadays to have incidents, whatever happens to anyone. It may be necessary to compensate for that incident.

With the help of insurance, you can cover any loss that may happen in your future, what is this is a contract between the insurance company and the person insured, which protects against loss later in life.

Whenever a person wants to buy this for himself, then a certain amount is given to the company within a certain time, apart from this, there is some plan under which you have to pay money at once, after that if someone with you in future. Even if an incident happens, it is compensated by the insurance company, all these things are written on that contract.

What are the types of insurance?

If we see insurance, there are usually two types, one is life insurance and the other is general insurance, life is done for any living person and general insurance is done for non-living things.

life insurance –

LIC, all of you must have heard its name at one time or another because it is a very old company that works under many schemes. Apart from this company, you will also find many companies inside the market which insure. Is.

You get information about which plan you have to get for which time period, either through the company or you get it through the insurance agent.

What is life insurance, it is mainly a saving, which if a person takes, then in the event of his death, his family members get the money.

Under life insurance, you have to pay some money for a certain time period and how much premium you will get depends entirely on the company. There are many types of plans inside life this such as endowment insurance, term insurance, money back. Policy These types of plans are found inside life this.

2. General insurance –

If we talk about general insurance, then it is mainly done for non-living things such as home this, car insurance, health insurance, travel insurance if due to fire, theft accident, man-made disaster. This is done for such incidents.

Under this insurance, you have to pay money at once, it is for a certain time, after the end of the time, you have to make this decision again, if any incident happens to you under this, then it You get the prescribed amount.

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How can I take insurance types?

You have many ways to take insurance, you can take this by going inside the insurance company, inside the market you get many of these agents, by talking to whom you can take this.

Nowadays all companies have an online website in which you can get this online, if needed, you can claim under the policy of all these companies i.e. if you have any loss then you can claim.

Benefits of getting insurance types

In today’s time, getting this has become a necessity for all of us because every day many types of incidents are seen. that he can make a living.

Inside the insurance policy is guaranteed to be fully met, inside this policy helps you financially, in today’s time you can get everything insured.

The incident is not under anyone’s control, but you can protect your family by getting insurance, so get yourself insured today.

Today’s article was “What is insurance” Hope you must have got some good information from this article if you have any kind of question related to insurance, then definitely tell us by commenting thank you

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