Saturday, October 3, 2009

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ABOUT INSURANCE !!

Life insurance is a contract between the policy owner and the insurer, where the insurer agrees to pay a sum of money upon the occurrence of the insured individuals illness or critical illness or death. In return, the policy owner (or policy payer ) agrees to pay a stipulated amount called a premium at regular intervals ro in lump sums,

INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY (IRDA)

MISSION : To protect the interest s of the policyholders , to regulate , promote and ensure orderly growth of the insurance industry and for matters connected therewith or incidental thereto .

What is Life insurance ?

Life insurance is a guratantee that your family will receive financial support , even in your absence. It isa unique investment that helps you to meet your dual needs.

1. Saving for life’s important goals.
2. Protecting your assets.
Life insurance acts as a flexible money-saving scheme, which empowers you to accumulate wealth-to buy a new car, get your children educated ,married and even retire comfortably.

Life insurance also triples up as an ideal tax-saving scheme.
It thus permanently protects your family from financial crisis.

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