While we eagerly wait for the monsoon every year, excessive rains can cause severe damage to life and property. Insurance is the only scientific method of ensuring recovery from such disasters, at least in terms of the economic value of the assets lost.
Any person holding policies such as the householder’s policy, house policy, motor policy, etc., may hope to get
adequate compensation by way of claims settlement. However, the process is not as simple as one expects it to be on the basis of the face value of the policy. The policyholder has to be very cautious and careful while lodging the claim with the insurer.
Financial Terms Like Mutual Fund, IPO and Bond Now In Sign Language For Differently-Abled
Read More
