Posts by Rakesh Ranjan:
The Complete Guide to Obtaining Your Insurance Surveyor License in India (2024)
As we all know our future remains uncertain and it is hard to determine what will happen in the future. Many times, disasters hit, people lose lives, and suffer massive damage. In such a critical scenario, insurance plays a pivotal role in making our lives easier by giving us an assurance that most monetary losses […]
How Child Investment Plans Can Secure Your Child’s Future?
The best gift a parent can give to their child is to invest in their future. The right investment plan can help your little one(s) to fulfill their goals and ambitions. Child investment plans can be opted for different aims, such as for a child’s education, marriage, healthcare, and more. In this article, we will […]
Understanding Climate Risk Insurance in India
Have you ever heard about climate risk insurance? Do you know what does it mean? Well, if you don’t know about this type of insurance, you can get to know everything about climate risk insurance in the following post. With the paradigm shift in the behavior of the climate, it is no surprise that it […]
How Insurance Companies Detect and Prevent Fraudulent Claims?
Insurance claim fraud is the illegal act of misleading and exploiting a company or an individual holding an insurance contract. For instance, a policy seller might sell somebody a policy by a company that does not even exist, or make fake promises to the buyer for the sake of earning more commission. In a similar […]
How many types of Insurance exist in India?
In today’s fast-paced lifestyle, insurance emerges as the most preferred way of keeping life elements particularly in regard to finance. Be it any expensive item like car, mobile phone, home, office, or even health, taking up an insurance policy for the same gives a kind of assurance that he can rest assured if something wrong […]
Names of Key Plans Offered by HDFC Life
Life insurance is a type of agreement between a policyholder and an insurer. It includes the insurer guaranteeing to pay a fixed amount of money in exchange for insurance premiums. The amount paid depends on the specific terms and conditions of the policy. And, the payout is typically made after the policy matures or in […]
A Guide to Digital Insurance – Meaning, Types and Differences
Digital transformation is being seen across multiple industries such as healthcare, manufacturing, transportation, and finance. The insurance sector has also adapted to new changes. As customers demand better service and accessibility, insurance companies change themselves and improve their speed, efficiency, and accuracy. This resulted in the growth and evolution of digital insurance. So, companies that […]
Facts About the Insurance Industry
The insurance industry of India is one of the premium sectors that is experiencing upward growth. This means growth in income and awareness, currently, India is the 5th largest life insurance market in the world, growing at 32 to 34% every year. The industry has gone through multiple transformations in terms of development, growth, modification […]
Level Up Your Insurance Game: Why You Need an Insurance Broker License
In the insurance industry, many companies sell different insurance products such as health insurance, life insurance, and general insurance. Each insurance type, they have multiple policies to cover the unique needs of the policyholder. You may also read about whole life insurance and term insurance before finding the right policy is time-consuming and hectic for […]
What Is Insurance Regulatory and Development Authority (IRDAI)
The insurance companies in India are regulated by the IRDAI and it makes regulations for the insurance sector which must be fulfilled by the companies to operate the insurance business without any intervention of the authority. Also, it ensures that the rights of the insurers will be safe so that they don’t face any problem […]