What is Insurance & Running & Police Gujarati Name

What is Insurance? Why should I take it?

What is Insurance & Police Gujarati & Hindi Name

Why should we take it? These are questions about which most people are misunderstood. If you ask, the only answer is that he has invested in LIC, ULP, Endowment Policy, Money Back Policy. We have been buying life insurance since last 20 years but have not understood its importance. Most of the people use it only as a tax saving tool or investment tool.

What is Insurance?

It is an agreement between the insured and the insurer in which the insurer promises to protect the insured from his financial risks. This risk can also be to the vehicle, property etc. Instead of effectively passing on your risk to the company, the company charges you a small amount, known as the insurance premium.
What is the requirement? We set many goals in our life. Responsibilities like family, business, education, marriage etc. have to be taken. In such a situation, if something happens to the head of the family, then all his responsibilities remain incomplete. Insurance protects your family from such unforeseen events. It provides financial security to the family after the death of the insured. If you buy the wrong insurance, it can prove to be inadequate for your family. It can also cause your goals and responsibilities to remain unfulfilled.

Keep investment and insurance separate. Many people think of life insurance as an investment. So they buy expensive products like endowment, money back or ULP. This benefits the insurance company and its agent and earns more commission. If you go to an agent to buy insurance, he or she insists on buying certain products. He will not talk to you about a pure policy which is beneficial for you and when you buy insurance you should ask yourself two questions why am I buying this insurance? Second, what product am I buying? You will avoid buying expensive insurance products if you ask these two questions – you will understand the value of life insurance.

Importance of Insurance:

The tallest building is located in Burj Dubai. The foundation has been dug 1,050 feet below the ground to make the building about 6 feet high. It costs a lot to build such a tall building behind its foundation but you can never see this foundation on which the whole building is standing. In the same way a pure life insurance works to protect your family. So the cost behind insurance proves to be really useful. -The author is a certified financial planner and member of Financial Planners Guild India.

We all have heard a lot about insurance. As a general notion, insurance is something that covers you or the things that you have insured to sustain heavy financial losses. But there’s more to it than just a cover that you think is capable of hurting. We will examine it in detail.

What is Insurance?

Technically, it is a form of risk management in which the insured entity transfers the cost of a potential loss to another entity in exchange for a smaller financial return. This compensation is called premium. In simple words, it is like making a lump sum payment to an entity to protect itself from possible losses in future. Thus, when a case of misfortune happens, the insurer helps you out of the situation. Why do we need insurance? This question is on everyone’s mind. Do I really need protection? life is full of surprises; Some good people, some bad people. You have to be more discriminatory in the support you provide to other people. It helps you have that feeling of security and peace. There may be many reasons where you may need help, such as a serious illness, a natural disaster, the unexpected death of a loved one, and so on. In such situations, adequate insurance provides significant support to your financial situation. Thus, one should choose the right type of defense as per his needs.

What is Insurance?

Technically, it is a form of risk management in which the insured entity transfers the cost of a potential loss to another entity in exchange for a smaller financial return. This compensation is called premium. In simple words, it is like making a lump sum payment to an entity to protect itself from possible losses in future. Thus, when there is a case of misfortune, the insurer helps you out of the situation.

માનનીય ભૂપેન્દ્રસિંહ ચુડાસમા સાહેબનો શિક્ષકમિત્રો ને સંદેશ

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Why do we need insurance?

This question is on everyone’s mind. Do I really need protection? life is full of surprises; Some good people, some bad people. You have to be more discriminatory in the support you provide to other people. It helps you have that feeling of security and peace. There may be many reasons where you might need help, such as a serious illness, a natural disaster, the unexpected death of a loved one, and so on. In such situations, adequate insurance provides significant support to your financial situation. Thus, one must choose the right type of defense as per his needs.

શિક્ષક સજ્જતા માટે ખૂબ જ અગત્યના નવી રાષ્ટ્રીય શિક્ષણનીતિના 50 IMP પ્રશ્નો

type of insurance

  1. Life insurance is one of the traditional forms of life cover insurance, designed to protect you and your loved one from an accidental calamity or calamity. Initially it was created to protect the income of the families. But since then, it has evolved from a mere security measure to an asset protection option or tax scheme. The need for life insurance is calculated on various factors like number of dependents depending on the individual, current savings, financial goals etc.
  2. Any type of coverage except general life insurance falls under this category. There are many different types of insurance that cover almost every aspect of your life according to your needs: a. Health insurance covers your medical and surgical expenses that may arise during your lifetime. In general, health insurance provides cashless facilities in empaneled hospitals. NS. Motor insurance covers the damages and liabilities associated with the vehicle (two wheeler or four wheeler) against various scenarios. It protects the vehicle from damage and covers any third party liability as stated by law against the owner of the vehicle. C. Travel insurance protects you against emergencies or damages during your travels. It covers unseen medical emergencies, theft or property damage. D. Home insurance covers the home and/or interior contents depending on the scope of that policy. It protects the house from natural and man-made calamities. I. Marine insurance covers goods, cargo, etc., from possible loss or damage during that transportation. F. Provides solutions for all sectors of the commercial insurance industry such as construction, automotive, food, power, technology etc. The risk protection requirements may differ from person to person but the basic function of an insurance policy policy is more or less the same.

શિક્ષક સજ્જતા વર્ણનાત્મક કલમો અંગેનો વીડિયો જોવા માટે અહી ક્લિક કરો.

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