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Frequently asked questions
Your journey to financial freedom begins with the right advice.
Insurance Related Questions
Insurance provides financial protection against unexpected events such as accidents, health issues, or property damage. It helps you manage risks, safeguard your assets, and reduce financial burdens during emergencies.
There are various insurance plans to suit different needs, including health insurance, life insurance, motor insurance, travel insurance, property insurance, and more. The right plan depends on your personal requirements and financial situation.
Selecting the right insurance policy involves comparing multiple plans, understanding the coverage, checking premium costs, and reviewing exclusions and benefits. It’s important to choose a policy that offers adequate protection at a reasonable cost.
To file a claim, you need to notify the insurance company promptly, submit the required claim forms and supporting documents, and follow the procedures as outlined in the policy. Timely and accurate submission can help in faster claim settlement.
Term insurance provides coverage for a specific period (like 10, 20, or 30 years) and pays a benefit only if the insured person passes away during that term. Life insurance, like whole life or endowment plans, can offer coverage for your entire life and may also include savings or investment benefits.