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Basics of Insurance

Learn the fundamentals of the insurance industry.

Basics of Insurance | March 4th, 2024
The word ‘restoration’ in itself seems incredible, and in Health Insurance, it is. The restoration of the sum insured by your health plan is called the Restoration Benefit.
Basics of Insurance | February 23rd, 2024
What was once considered the standard model of coverage has evolved into a dynamic ecosystem characterised by innovation, customisation, and adaptability. Healthcare innovation is developing at an unprecedented scale and with it so are the customers.
Basics of Insurance | February 19th, 2024
Just like no claim bonus in car insurance is received by the policyholder for not making a claim in a policy year, your insurance provider may award you a claim-free policy year.
Basics of Insurance | February 5th, 2024
When you plan to buy a life insurance plan, it is important to know the different types of life insurance plans available in India so that you can choose the plan which best suits your needs as it should be in line with your overall financial goals. When looking for savings as well as investments, an endowment policy may be a suitable option. What is an Endowment Policy?Offered by almost all l...
Basics of Insurance | February 1st, 2024
As InsurTechs offer embedded and contextual solutions, find out what factors need to be weighed in before buying insurance. Understand the thumb rules of insurance planning.
Basics of Insurance | January 22nd, 2024
Explore and find out how underwriting impacts your insurance cover and what the procedure entails in assessing risk.
Basics of Insurance | January 19th, 2024
Artificial Intelligence's popularity has skyrocketed in recent months, so much so people have increasingly adopted AI usage in their daily lives. Currently, the global AI market is worth $150.2 billion and is projected to grow 36.8% by 2030 at CAGR.The insurance industry is not so far behind in jumping on the AI bandwagon. As Artificial Intelligence (AI) slowly integrates into various aspe...
Basics of Insurance | January 15th, 2024
Find out what a claim settlement ratio is in insurance and how it works. The higher the claim settlement ratio, the better for policyholders.
Basics of Insurance | January 9th, 2024
InsurTechs are enabling innovative solutions to make insurance more affordable and accessible. Here are five smart moves to make insurance a top priority in 2024.

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