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Month: December 2018

The Insurance of merchandise, property, vehicles

The Insurance of merchandise, property, vehicles and so on is called General Insurance. The General InsuranceOrganization (GIC) was framed in 1973. There are four organizations under GIC.They are:(1) National Insurance Company Limited(2) New India Insurance Company Limited(3) Oriental Insurance Company Limited(4) United Insurance Company LimitedEvery one of these organizations have a similar rate of premium […]

Term Life Insurance Calculator AIG Direct

since the total guaranteed is between Rs. 25000 and Rs. 49999)Annual Premium to be paid  for each thousaIn this manner, Sohan needs to pay Rs. 380 each half-yearly towards his premium.Model 39.6 Calculate the yearly premium for an entire life approach (with benefits) for Rs.85,000 taken at 40 years old years, expecting that the method […]

instance of death, protection pays full entirety guaranteed

The danger of death is secured under protection plot however not under customary investment funds designs. In instance of death, protection pays full entirety guaranteed, which would be a few times bigger than the aggregate of the premiums paid. Under common investment funds designs, just collected sum is It Encourages Compulsory Saving In the wake […]