Construction All Risk (CAR)
Erection All Risk (EAR)
Key Man Policy
Stock Insurance
Contractors Plant and Machinery
Credit Liability Insurance
To define individual life insurance, it’s a contract between the insured and the insurance company where the latter pays a certain sum of money to the former after a stipulated time period or upon the death of the former in exchange of payment of premium amount for a fixed duration.
When we talk about the life insurance policy, it offers a financial security to the policyholder under which the insurance service provider guarantees to pay the nominated beneficiary a certain sum of money. In exchange, the policy holder pays a predefined amount to the service provider on a regular basis. This forms the crux of individual life insurance.
There are numerous life insurance plans that one can choose as per convenience and availability. To calculate the assured sum of the policy, the insurance company takes into consideration various factors into account, such as lifestyle, number of dependents, and finances etc.
CIN- U67190WB2003PTC095855, IRDA LICENSE NO - 177