Insurance

What is Insurance

Financial security is far from being stable in our times. It doesn’t matter how big our monthly budget is, or how many savings we have, there always are situations beyond our possibilities and we can never be completely secured. This is why we need to take all the safety measures we can to secure our financial state, and the best way to do so is insurance.
Insurance is the best defensive measure for financial stability. Even if you have a lot of savings put aside in a safe place, there can always be some kind of disaster that will drain all of your savings.

Life Insurance
The goal of life insurance is to provide a measure of financial security for your family after you die. So, before purchasing a life insurance policy, you should consider your financial situation and the standard of living you want to maintain for your dependents or survivors. For example, who will be responsible for your funeral costs and final medical bills? Would your family have to relocate? Will there be adequate funds for future or ongoing expenses such as daycare, mortgage payments and college? It is prudent to re-evaluate your life insurance policies annually or when you experience a major life event like marriage, divorce, the birth or adoption of a child, or purchase of a major item such as a house or business.

Health Insurance
Medicare or medical costs are rising year on year. As a matter of fact, inflation in medicare is higher than inflation in food and other articles. While inflation in food and clothing is in single digits, medicare costs usually escalate in double digits.

Health insurance is a type of insurance coverage that covers the cost of an insured individual's medical and surgical expenses. Depending on the type of health insurance coverage, either the insured pays costs out-of-pocket and is then reimbursed, or the insurer makes payments directly to the provider.
In health insurance terminology, the "provider" is a clinic, hospital, doctor, laboratory, health care practitioner, or pharmacy. The "insured" is the owner of the health insurance policy; the person with the health insurance coverage.
Service Your Policy
Full Name
 
Insurance Company
 
Policy no.
 
Premium Amount
 
Date of Birth ( DD/MM/YYYY )
 
Email Id
 
Mobile no.
 
Any Message