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Professional indemnity insurance is a form of commercial insurance that protects professionals from financial loss or costs that arise from their work. The most common scenario for this type of insurance is when a company hires an outside contractor.
If an asset is insured for less than its true value it is known to be under insured.
A waiver of premium is a service that provides customers not to pay premiums during a period of disability.
The Insurance cost depends on what plan the customer selected.
PolicyBachat is an online insurance web aggregator which helps in selecting the best insurance policy for its customers based on the customer’s requirements. We at PolicyBachat provide the customer with a wide range of options to select from. The best life insurance policy can be selected online from our portal. We even provide assistance to our customers in selecting the best life insurance policy based on the requirements of the customer.
A policy or agreement between the policyholder and the insurer is considered only after the realization of the premium. The premium is paid by the insurer who has a financial interest in the asset covered. The insurer will protect the insured from financial liability in case of loss.
Insurance is an agreement between the insured customer and the insurance company in which the insurance company assures to pay a sum amount in return for a periodical amount known as “Premium”. An insurance premium is an amount paid monthly or annual payment you make to an insurance company to keep your policy active.
National Pension Scheme also known as National Pension System which is specially designed to offer financial security to Indian senior citizens. NPS scheme provides long-term savings options. It is open to all the employees from the public sector, private sector, and even the unorganized sector except for those who work in the Armed Forces.
Inscode means insurance code or regulations of insurance companies that govern the license of the provider. The company provides an online marketplace where customers can compare and buy different types of insurance policies.
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