by Lokmanya | Feb 11, 2025 | Blog, Insurance
What is Marine Insurance? Marine insurance in shipping covers goods and cargo from when they leave the point of origin until they arrive at their final destination. It insures he ships, terminals, and all methods of forward freight where the goods are held against...
by Lokmanya | Jan 14, 2025 | Insurance
A critical concept in Life Insurance is the “Human Life Value”. It’s a method of calculating the amount of life insurance a family would need based on the financial loss they would incur if the sole bread winner of a family is no more. There are a number of factors...
by Lokmanya | Dec 17, 2024 | Insurance
What is personal accident insurance short note? Personal accident insurance financially covers the insured person against uncertainties such as death, injuries, and partial/complete disabilities arising due to an unfortunate accident. In case of death, the...
by Lokmanya | Dec 16, 2024 | Insurance
What is a Pension Plan? A pension plan is an investment option designed for your post-retirement life. It allows you to save money either through a one-time lump sum or regular payments over time. These plans guarantee a steady income after retirement, ensuring a...
by Lokmanya | Dec 13, 2024 | Insurance
What Is a Waiver of Premium Rider? A waiver of premium rider is an insurance policy clause that waives premium payments if the policyholder becomes critically ill, seriously injured, physically impaired or death of payer. Other stipulations may apply, such as meeting...
by admin | Nov 26, 2024 | Insurance
Several women continue to rely on male family members and lack control over their assets. The Married Women’s Property Act (MWPA) provides financial security for married women and their children. Explore the significance and advantages of the MWPA in India to...