5 Reasons Why Health Insurance Is a Must for Everyone
A few years ago, there was a common misconception that family health insurance is a type of luxury that only the rich can afford. However, this perception is now changing due to many reasons, such as inflation, rising hospitalization expenses, and the growth of the middle class.
Life Insurance Corporation: A Review of Children Policies
Introduction: Life Insurance Corporation is the largest policymaker in India under the control of the government of India. Insurance is a contract that pledges payment of a sum to the person (or nominee) in case of occurrence of the deed insured against. LIC offers a wide range of policies over a wide range of intervals and customer groups.
What Is the Difference Between an Interest Rate and the Annual Percentage Rate (APR)?
I’m sure that everyone has in fact heard of the term mortgage especially in the US since it is a common means among people who want some capital when they need to buy a house or a property. When you talk of mortgage costs there are two things to deem one is the interest rate and the other being the Annual percentage rate also well-known as the APR. Even though they both describe the same they are not the same that is why many borrowers get confused.
Impact of COVID-19 on the Indian Insurance Sector
The Indian insurance sector is in general well equipped for key loss incidents, including pandemics; however, the financial implications will take time to take part in and will be insurer explicit. Insurers are acting in response to the expanding COVID-19 outbreak on numerous fronts-as claims payers, owners, and investment executives. Each has it’s own discrete confront, not just for the insurance industry, nevertheless for the global economy and the public at large.
Importance of Medical Coding for Insurance
With health and diseases becoming a major issue these days around the world, it has become A LOT more important to have more and more coders involved in the medical field for insurance. But what is medical coding? A medical coder, clinical coding officer, or diagnostic coder are professionals involved in the health care sector who analyze clinical documents and using proper classification systems, assign standard codes to them.
How to Select Your Insurance Advisor?
You must opt for a life insurance policy. If your finances allow, you must also get health insurance as well as home insurance. This way you would be able to save yourself from any sudden financial crisis.
Best LIC Policy For A New Born Baby Girl, LIC Children Plan
Today, the cost of education right from early childhood is rising rapidly. Insurance policies can be a good way for parents to deal with this expenditure. For a newborn baby girl, LIC Children Plans can prove to be the best fit.
How to Find the Best Lic Agent Near Me?
1.WHY YOU MIGHT NEED A LIC AGENT? You never know what life is going to serve you.
What Is the Best Lic Policy for Your New Born Baby?
Your child is the most important part of your life. Life is unimaginable without your child. It would not be wrong to say that after your child comes into your life; your child inevitably becomes your life.
5 Basic Insurance Mistakes to Avoid
Having basic insurance coverage is essential. If you don’t apply for insurance, know that it will be a big mistake. Therefore, you may want to have enough coverage to meet your needs.
How an Experienced Lic Agent Can Help You to Get the Right Insurance Plan
Introduction Life Insurance Corporation is a part of Indian life right now. An LIC agent will offer life insurance in all forms. They have you covered right from when you start earning to the day you get ready to invest in a car or a house to the day you get married to the day your child is born to the day you retire and ultimately die.
7 Good Reasons to Invest in a Functional Life Coach
If you have no idea what life coaching is all about and how it can have a positive impact on your life, you are on the right page. In this article, we are going to discuss 7 good reasons to invest in a functional life coach. Basically, the role of a life coach is to give you the advice, motivation and a different perspective on issues so you can keep moving on.
Could Claims Challenge Current InsurTech Priorities?
The insurance industry is witnessing a lot of change, driven by current technological trends, like the Internet of Things, Big Data and Analytics, Blockchain which are dynamically and irrevocably changing the way it functions. Let’s look at the top trends impacting the industry and discuss the various challenges which are driving the current InsurTech priorities and see if we can call out the most important of them all. Every industry has its leaders and its laggards and the insurance industry is not an exception to this.
No ROI Without Relevance in the Insurance Industry
Business strategy today is all about integrating some new insights and forging a comprehensive plan for success. According to a study by McKinsey, companies which use customer analytics extensively are more likely to generate above-average profits. Not stopping there, they also outperform less analytically oriented peers, staying in the lead across the entire customer lifecycle and enjoy much superior customer loyalty.
Usability, Accessibility, and Configurability in a SaaS-Based Portal Package
Insurers who resist change and continue to depend on their aged Policy Administration Systems are missing out on the amazing advantages offered to them by the new age SaaS-based PAS which offer amazing advantages and enhanced usability, accessibility and configurability. This article addresses these aspects and lists the advantages offered by a PAS to enhance the competitive edge of an insurer. All PAS systems do not offer such advantages and some actually fail to replace the legacy system, wasting the time and resources of an insurer and setting them back.
Get An Auto Insurance Protection To Protect Yourself From Financial Hardship
It is just like other insurances which is used to protect your financial losses which have occurred to your vehicle. It is, insurance that can pay for accidental/no accidental damage happened to your purchased vehicle. Well!
How Modern Insurance Policy Systems Are Reinforcing the Insurance Industry
It’s time insurers threw off the shackles of their legacy systems, which add to the oppression of market pressures by hampering the effectiveness of their operations. But to do so, they need to recognize the improved functionality and additional value a successful PAS transformation could bring to their businesses first.
Frequently considerations of decentralized technology’s future social implications present freshly differentiated images of somehow superior methodologies that may be radically different than the present day. Yet the decentralized recording of centrally controlled operations could instead be a marked degradation to both the technology’s potential and developmental promise…
Social Security in the 21st Century
Social security is one of the successes gotten by the Americans. The program provides a foundation of economics security for more than 47 million Americans and their families. The reason for the built in protections, we have come close to eliminating poverty among seniors. Social security also helps in the provision of basic income to millions of families who have suffered the death or disability of a wage earner.
The Reasons Which Trigger Liability Insurance Extensively
The age that we live in is becoming cognizant enough of their liabilities. Much before the results are out all acts of defence are kept ready. Doctors make it a point to pay huge amounts of money to get them insured as patients can try to make them accountable for careless or malpractice issues.