What is Insurance

An insurance policy/plan is a contract between an individual (Policyholder) and an insurance party (Provider). 

Under the agreement, you pay the normal insurer amounts of funds (as premiums).

and they pay you if the sum assured on unfortunate events arises

for example, the untimely demise of the life insured, an accident, 

or damage to a house. Let’s know more about what insurance is and

Based on the insurance terms, the insurer supplies a lump sum amount to the policyholder/nominee in case of an eventuality.

A specific type of insurance policy is selected based on individual needs and life goals.