What Is Insurance Policy-
Friends, the lifestyle of human beings has changed a lot today, due to the mechanical age, the hard work done by humans has also almost ended, due to which various types of diseases in human beings are getting day by day. Is going on and the expectation of man's life time is gradually decreasing. In today's time, due to the inclusion of fast food in human diet, it is becoming very harmful for the human body. With this, the lifestyle of man has changed completely due to which the human being is suffering from various types of diseases, in such a situation, if he gets any disease for which he has to spend a lot of money for the treatment, then he should spend his home expenses before treatment. One has to think to run, in such a situation, it becomes strong for him to get treatment, but due to financial troubles, he gets a mountain of trouble, in such a situation, there is a plan to protect yourself and family, which is called insurance policy.It is said that friends insurance policy is different Nowadays, in order to secure the lives of students, the student insurance policy has also been made mandatory in all schools, colleges and training institutes.
Friends, insurance is the weapon to deal with the possibility of any loss in future. We do not know what will happen tomorrow, so we try to compensate for the potential loss in the future through an insurance policy, insurance means protection from risk, Life Insurance Policy is a type of insurance product that protects the insured. Covers medical and surgical costs. It reimburses the full or partial amount of expenses due to illness or injury. In many cases, depending on the type of insurance, it pays directly to the care provider of the insured. If an insurance company insures a person, then the insurance company compensates the financial loss to that person. .
Friends, where there is no ideal amount for the sum assured of life insurance of a man, yet two market based rules have been made in this context: -
First, your insurance amount should be at least 50% of the total annual income of a human being. And second, insurance cover must be at least equal to the cost of the coronary artery bypass graft in the hospital of choice for the sick person. Maximum private financial experts recommend insurance cover of at least 5 lakhs. Individuals can take a family floater of the same amount for the insurance protection of their family members.
What is the type of insurance?
Friends, there are two types of insurance:1. Life Insurance
2. General Insurance
Life Insurance-
Life insurance means that on the death of a person buying an insurance policy, his or her dependents are compensated by the insurance company. Under this policy, if the head of the family dies suddenly, then the home Spending becomes difficult, in such a situation, it is necessary to take a life insurance policy to save the wife / child / parents etc. of the main person of the family from financial crisis, first of all in a financial plan, life insurance It is suggested to buy the policy.General Insurance-
General insurance covers vehicles, houses, animals, crops, health, etc.Health Insurance:-
Friends, nowadays, the outbreak of diseases is increasing day by day, in which case the cost of treatment is also increasing very fast. In case of illness due to health insurance, the insurance company covers the cost of treatment. Under a health insurance policy, the insurance company gives the amount spent on treatment in case of any kind of disease. Also, the extent of expenditure on a disease depends on the health insurance policy.Student Insurance:-
Friends, in order to secure the lives of students, even today, the student insurance policy has been made mandatory in all schools, colleges and training institutes. The sum assured is provided according to the accident.House Insurance:-
If a person gets his house insured by a general insurance company, then there is protection of the house, if any damage is caused to the house after purchasing the insurance policy, then the compensation of the insurance company. Coverage from any damage to that person's house is included in this insurance policy. Damage due to natural disaster to the house includes loss due to fire, earthquake, celestial lightning, flood etc. Artificial disaster also includes damage to the house due to theft in the house, fire, fighting and riots etc.Motor Insurance:-
Friends, it is very important by law to insure a vehicle running on the road. If a person drives his vehicle on the road without insuring it, the traffic police can fine the person, according to the motor or vehicle insurance policy, the insurance company compensates for any damage to the vehicle and if the vehicle is stolen. A vehicle insurance policy can also help the insured if an accident occurs.You get the most benefit of an auto insurance policy when a person is hurt or someone is killed by the vehicle and it is called a third party