April 2021

What are the uses of Internet?

Submitted by frndzzz on Sat, 04/24/2021 - 04:59

Some of the uses of the internet in points are:

  • Internet helps us to share information from any place in the world. 
  • Internet is a big source of informat

What are the benefits of Internet

Submitted by frndzzz on Tue, 04/20/2021 - 17:56

Some of the benefits of the Internet in points are:

  • Internet is used in research for school work. 
  • Internet allows quick communication with peers, friend

Life Insurance

Submitted by frndzzz on Wed, 04/14/2021 - 10:44

What is life insurance?

Life insurance is an agreement between the insured person (Policyholder) and the insurer (Insurance company) which states that the insurer has to

Group life insurance

Submitted by frndzzz on Thu, 04/08/2021 - 05:24

What does group life insurance mean?

In simple words, group life insurance means a single insurance policy that covers a group of people. Generally, the owner or the employer of the company uses group life insurance to cover the employees of the company. Group life insurance covers the members or the employees of that group.  If unfortunately, the member dies then the death benefits are given to the beneficiaries assigned by that member.

Whole life insurance

Submitted by frndzzz on Thu, 04/08/2021 - 05:16

What does whole life insurance mean?

In simple words, whole life insurance means insurance on the life of an insured person for a fixed amount at a definite premium which is to be paid each year in the same amount during the entire life of an insured person. It is a type of permanent life insurance, as long as the premiums are paid by the insured person the insurance policy will last for a person's lifetime. The policy will pay a specified amount to the beneficiaries upon the death of the insured person.

Term Life insurance

Submitted by frndzzz on Thu, 04/08/2021 - 05:05

What does term life insurance mean?

In simple words, term life insurance means the life insurance policy which is only valid for a certain period of time. Life insurance is payable only if the death of an insured person occurs within that particular period of time. In this type of insurance policy, the insurer provides coverage for a specified term in exchange for a premium paid by the insured person over a period of time.

What is cancer cover insurance, important points before buying policy

Submitted by frndzzz on Sun, 04/04/2021 - 00:41

Cancer Cover Insurance

As you might have guessed, cancer insurance covers different types of cancer that the policyholder may be diagnosed with. How serious the problem of cancer is, is not up to this article to decide, although actual numbers sound alarming if taken as a whole.

Is this type of insurance really necessary, though? The question seems to arise from the few limitations generally imposed by the insurance company, such as:

What is Injury cover Insurance, important points before buying policy

Submitted by frndzzz on Sun, 04/04/2021 - 00:35

Injury Cover Insurance

Of course, nobody wants to have an accident resulting in injury. But, more than that, in case that unfortunate event happens, nobody wants to look at the hospital bill and have a heart attack as well. Enter Injury Cover Insurance, to the rescue!

If you think that injury coverage is expensive and not worth it, consider that, like with all insurance, you should choose the best plan that suits you (or, why not, go for a custom plan). 

What is critical illness insurance, important points before buying policy

Submitted by frndzzz on Sat, 04/03/2021 - 23:27

Critical Illness Insurance

At no time is it in any way good for you to be afflicted by a critical illness. The strain it puts not only on the afflicted but also their families is only rivaled by the sadness of it all.

In order to make sure that you minimize the costs of this insurance and you get yourself and your family the much-needed support should the case of a critical illness arise, it is important to follow a few steps:

What is Dental Insurance, tips & important points before buying policy

Submitted by frndzzz on Sat, 04/03/2021 - 23:08

Dental Insurance

There’s nothing better to show at an interview or at a meeting or presentation than a pleasant face matched with a sparkling smile.

Of course, the sparkling white teeth might not always be the case. Hygiene or health problems, lack of proper dental check-ups or care, all these make the sparkling smile… less sparkling.

What is health insurance, tips and important points before buying policy

Submitted by frndzzz on Sat, 04/03/2021 - 22:55

If you’ve explored all the areas of specific insurance related to human health, perhaps now it’s time to take a more in-depth look at general health insurance.

Health insurance basically means insuring your own body against whatever illness might come on to you during your lifetime. Usually, health insurance is sold as a large package, meaning that whether or not the illness is crippling or reduces your working capacity, whether or not it is lethal, etc., insurance companies will include it in the plan and throw it in with the rest.

What is Children's life insurance, importance and benefits

Submitted by frndzzz on Fri, 04/02/2021 - 19:20

Children’s Life Insurance

There are ambiguous debates whether it is useful or advised for one to insure his/her children. Even different financial advisors say different things on this subject. Moreover, there are those “emotional extortionists” who say one is heartless if he/she does not pay for his/her child’s insurance. In order to see this subject in its right light, and to think along the right lines, one needs some kind of reconsideration regarding this issue.

Pros and Cons of Whole life insurance

Submitted by frndzzz on Fri, 04/02/2021 - 19:16

Whole life insurance

Whole life insurance, which is also popularly regarded as “Entire Life insurance” or “Permanent life Insurance” is contrived for people especially looking for coverage for their entire life (as the name suggests) with fewer instruments attached to it and also, without Risk. If you shop around, you will easily get online/offline full life insurance quotes as it’s not a very hard process.

What is whole life insurance, importance and benefits

Submitted by frndzzz on Fri, 04/02/2021 - 19:11

What Is Whole Life Insurance?

For those who would like to benefit from a life insurance scheme besides being protected, whole life insurance or coverage may be a good option to choose. This permanent life insurance type is also known as whole life assurance and it is a policy that is valid during the whole life of the insured, by which time yearly premiums need to be paid.

But what exactly does the term refer to?

What is permanent Life insurance, Importance and Benefits

Submitted by frndzzz on Fri, 04/02/2021 - 19:06

What is Permanent Life Insurance?

Compared to the temporary life insurance which becomes forfeited after one or a few years, the permanent life insurance schemes do not expire, as they do not have a predefined validity period. Another feature that permanent insurance has compared to temporary one is having both a death benefit and a savings component. So this product is chosen by those who want to have permanent protection as well as want to build up a cash value in the meantime.

Comparison between different types of Life Insurance

Submitted by frndzzz on Fri, 04/02/2021 - 18:56

Permanent Vs Term Compared

Term Types Of Life Insurance Pays a tax-free lump sum in the event of death during a specified period in return for a fixed monthly, or annual, premium. At the end of the term the policy finishes and there is no maturity value. As a result, this is the cheapest and simplest Types Of Life Insurance cover available. There are two forms of term policies available of Term, Level, and Decreasing.

Why should people buy life insurance policy? Benefits and Importance

Submitted by frndzzz on Fri, 04/02/2021 - 18:43

Why should you buy a life insurance policy?

If you have ever wondered why you need a life insurance policy, this write-up would help you in finding the answer.

Life insurance has long been regarded as an important financial tool to help one with estate planning. It is particularly important for people who have young children, dependent spouses, and disabled adults to take care of. It would help the family in replacing the loss of income after the death of the bread earner.

What is life insurance, types and how does life insurance works ?

Submitted by frndzzz on Fri, 04/02/2021 - 18:27

What is the need for life insurance?

There are several cases in people’s lives when life insurance or assurance can be very helpful. In case of a sudden tragedy, such a legal contract may help the survivors leastwise financially to go on and live down the situation.

Or, upon the occurrence of a critical or terminal illness of the insured, the insurer will give him/her financial support. However, one must be very careful when it comes to this product as there are many pitfalls one can fall prey to.

Liability Insurance

Submitted by frndzzz on Fri, 04/02/2021 - 07:04

What does liability insurance mean?

In simple words, liability insurance means insurance that covers the insured against the claims due to causing bodily injuries and the damage done to the property of unknown people. It protects the insured from the risk of liabilities imposed by a lawsuit, liability insurance also provides coverage for payouts when the insured person is legally liable to pay.

Liability Insurance covers :

There is just about insurance for everything. Here is a list of a few:

Revenue Insurance

Submitted by frndzzz on Fri, 04/02/2021 - 06:56

What does revenue insurance mean?

In simple words, revenue insurance is an insurance scheme for plantation crops that insure producers against yield loss due to wind, drought, moisture, frost, or change in weather. Revenue insurance is launched to minimize risks due to change in weather and prices arising from yield loss.

Business Insurance

Submitted by frndzzz on Fri, 04/02/2021 - 06:45

What does business Insurance mean?

In simple words, business insurance means insurance that helps the enterprise to protects its intellectual property, financial assets, or any kind of physical property or location from an unforeseen event caused due to a big financial loss. Business insurance is a kind of risk management strategy or a scheme. 

Homeowners insurance

Submitted by frndzzz on Fri, 04/02/2021 - 06:40

What does homeowners insurance mean?

In simple words, homeowners insurance means insurance that protects damages to a home owner's house and belongings. Homeowners insurance is a type of property insurance that covers losses and damages done to the house, it helps to pay the repair cost.

Auto Insurance

Submitted by frndzzz on Fri, 04/02/2021 - 05:00

What does auto insurance mean?

In simple words, auto insurance means insurance that protects you against financial loss in the event of theft or an accident. Auto insurance is purchased by the vehicle owner to mitigate cost associated with auto accident.

Unemployment Insurance

Submitted by frndzzz on Fri, 04/02/2021 - 04:42

What does unemployment insurance mean?

In simple words, unemployment insurance means insurance that gives unemployment benefits by paying money to the individual on a weekly basis when the insured person lost their job who meets the eligibility criteria. If the insured person quits their job or fired from the company then the person is not eligible for the criteria.

Travel Insurance

Submitted by frndzzz on Fri, 04/02/2021 - 04:36

What does travel insurance mean?

In simple words, travel insurance means insurance that covers medical expenses, unforeseen expenses, or other types of risks that might encounter during a travel or a trip. Travel insurance helps during unforeseen events such as baggage loss, passport loss, a medical emergency, or an accident. Travel insurance helps against things that are likely to spoil the trip.

Pet Insurance

Submitted by frndzzz on Fri, 04/02/2021 - 04:30

What does pet insurance mean?

In simple words, pet insurance means insurance that covers the veterinary costs for the treatment of a pet during an injury or sickness. Pet insurance also covers the death or loss of the pet that is insured.

Dental Insurance

Submitted by frndzzz on Fri, 04/02/2021 - 04:20

What does dental insurance mean?

In simple words, dental insurance means insurance that provides dental coverage. Dental insurance pays for dental procedures, it is a form of health insurance that pays the treatment cost associated with dental care.

Home Insurance

Submitted by frndzzz on Fri, 04/02/2021 - 03:57

What does Home Insurance Mean?

In simple words, home insurance is a type of property insurance that covers the damage and losses to an owner's residence. It is also known as homeowners insurance, home insurance provides financial protection if the homeowner's house or its contents gets damage.

Insurance

What are the different types of Insurance?

There are various types of insurance plans present in different countries. In Broad terms, Insurance policies can be divided into many forms, main categories of Insurance are listed below. Following are the different types of insurance plans available all over the world. 

Car Insurance

Submitted by frndzzz on Thu, 04/01/2021 - 18:17

What does car insurance mean?

In simple words, car insurance means insurance against loss due to theft or traffic accidents. In-Car insurance policy, there is an agreement between the car owner and an insurance company where the car owner will pay premiums and an insurance company will cover loss or damage caused to the car.