27 December 2020

#Insurance

Insurance
What are the different types of Insurance Coverage?
What do you mean by ‘insurance coverage’?
What is a premium’?
What do you mean by term ‘Insurer’ and ‘Insured’?
What is the contestable period’ in insurance policy?
What is the difference between “revocable beneficiary” and “irrevocable beneficiary”?
What is no-claim bonus?
What is ‘declaration page’ in insurance policy?
What do you mean by ‘Loss Payee’?
What do you mean by ‘Deductible’?
What is Co-insurance?
What do you mean by term “Annuity”?
What is the Surrender Value?
What is Paid Value?
What happens if you fail to make required premium payments?
What is the difference between the participating and non-participating policy?
What do you mean by ‘Additional Insured’?
What is General Insurance policy? What does it cover?
What does ‘Indemnity’ term means?
What do you mean by term ‘Double Indemnity’?
What is subrogation?
What do you mean by term ‘cash value’?
What happens to the cash value after the policy is fully paid up?
What is thedifferent type of Life Insurance?
What is Elimination period in insurance?
What is an ‘Endowment Policy’?
What does it mean when company says “no physical exam”?
What is ‘group life’ insurance?
What is third party Insurance?
What is Personal Accident cover? Does it cover anywhere in the world?
What is ‘gap insurance’?
What is the difference between the ‘single limit liability’ coverage and ‘split liability coverage’?
What is ‘collision coverage’ and ‘comprehensive coverage’ in Auto insurance?
What is a ‘PLPD’ insurance stand for?
What is the difference between the ‘All perils’ and ‘Specified perils’ coverage in home insurance coverage?
What is ‘schedule of loss’ in home insurance?
What in case if my house completely damagein, fire or flood,and if I stay in a rented house, will insurance company bear all my additional living expenses?
How to claim the policy?
Who is the beneficiary?
In what all Instances you cannot claim your Personal Accident Insurance?
Can beneficiary claim the policy if the insured person is missing or disappeared for several years?
Can an individual take two policies and claim for both of them?
Does beneficiary have to pay tax on the proceeding of life insurance policy?
Does it cover silver or golden ornaments if I have ‘Home insurance’?
Is it advisable to replace the policy with another policy?
Is it safe to pay the premium through Insurance Agent?
Is it possible to get the full payment on cancelling the new policy in free look period?
Is it possible to restrict the premium payment for a lesser number of years than the duration of thepolicy?
Is it possible to convert a part of term life insurance into permanent life insurance?
To claim your personal property in a ‘Home insurance’ policy, how important is to keepinventory list?

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