India Insured

Life Insurance in India with History Insurance - It’s a written contract or certificate of insurance that provides protection against future loss. A promise of reimbursement in the case of loss; paid ( sum assured ) to people or companies ( insured ) so concerned about hazards that they have made prepayments ( premiums ) to an insurance company ( insurer ). Life Insurance – Thanks to LIC (Life Insurance Corporation of India ) and the other private players that Life insurance has became one of the most popular savings/ investment vehicles in India . But it’s sad that it is one of the least understood or wrongly represented by the Insurance companies. An insurance policy offers much more than just tax planning and investment returns. It offers you the ability to plan for unforeseen events that could affect your family's financial problem adversely The story of insurance is probably as old as the story of mankind. The same instinct that prompts modern business-persons today t