Risk transfer: Risk is transferred equitably among the
group of individuals who are exposed to similar kinds of risk, in exchange for
a small contribution called ‘premium’. The underlying principle...
Policyholder/insured Definition by various institutes / underwriters / insurance companies
An individual or an organization who purchases an insurance policy from the insurer by paying a premiu...
Insurance Definition by various institutes / underwriters / insurance companies
Insurance is a contract between the insurer and a policyholder/insured, where the insured pays a premium as consideration and the insurer promises to pay a certain amount of money or provide...
Why health insurance is necessary? Need of Health Insurance?
In case of sudden illness, it becomes very difficult to get expensive treatment especially for middle class people. In such a situation, I feel that there is a way, with the help of which we can get...
Director and Officers Liability Policy, Director & Officers Liability Insurance, D&O Policy
This policy is formally known as D&O Policy. As the name suggests this policy is designed to provide protection to the Directors and Officers of an Organization and/or Firm. But this policy is not...
What is the name given by the Rajasthan government after combining the Ayushman Bharat scheme of the Center and the Bhamashah scheme of the state?
After all, the Ayushman Bharat scheme of the central government in Rajasthan and the Bhamashah scheme of the previous Vasudhara Raje government has been merged and the Ayushman Bharat Mahatma Gandhi...
What are the benefits of Ayushman Bharat Scheme?
PM Jan Arogya Yojana PM-JAY Several beneficiary-level benefits are being provided to the families involved in the following, which are as follows.Health insurance up to 5 lakh rupeesIn the...
How can we get treatment under Pradhan Mantri Jan Arogya Yojana and if a hospital says that you have not been approved, what will it mean?
Pradhan Mantri Jan Arogya Yojana is being run by the Central Government in collaboration with the states, in which the Central Government is giving 60 percent share. The objective of this scheme is...
What are other insurance plans of LIC of India?
I thought it necessary to answer this question because LIC agents sell the policy by not telling people the right thing. And people have frustrations and troubles at times of need.LIC has 2 health plans.Cancer...
Emergency Helpline Number
100 Police 101 Fire102 Ambulance103 Traffic Police104 Fever Helpline1031 Anti Corruption Helpline9540161344 Air Ambulance 1033 Emergency Relief Center on National Highways104 State Level Helpline...
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