What Is An Insurance Agent?

Who is an Insurance Broker?

Insurance brokers are agents that need to work for insurance companies. They sell policies but do not own them. Buying a policy through an insurance broker might sound like a good idea but think about the additional expenses that come with it. Not only would brokers charge you brokerage fees, but they will also tack on other charges to your policy.

Who is an Insurance Agent?

An insurance agent is the intermediary employed by the insurance company on its behalf to sell the insurance to the customers. A good insurance agent for insurance is one who can render good services to his customer at all times with reasonable care. The service offered by each type of agent is different and it is the responsibility of the customer to decide the best insurance agent before purchasing the policy.

What is Risk in Insurance?

Risk in insurance is the chance of happening a peril or an unexpected event which can cause loss or damage to the insured property. The insurance policy covers the risk and provides customers with financial assistance in case of loss or damage to the property.

What is PolicyBachat and How does it help with my Life Insurance Policy Purchase?

PolicyBachat is an online insurance web aggregator which helps in selecting the best insurance policy for its customers based on the customer’s requirements. We at PolicyBachat provide the customer with a wide range of options to select from. The best life insurance policy can be selected online from our portal. We even provide assistance to our customers in selecting the best life insurance policy based on the requirements of the customer.

How Do Insurance Companies Make Money?

Most insurance companies make money in two ways: Charging premiums to the policyholders and investing the insurance premium payments.

Why buy insurance online?

There are many different types of insurance and it can be difficult to decide which one is the best for you. However, by purchasing insurance online, you are able to compare different plans and find the one that suits your needs.

Here are some of the benefits of buying insurance online :

• You can compare plans and find the one that suits your needs
• You can save money on your current plan by switching providers

can husband and wife both claim maternity insurance?

Yes, it is possible to husband and wife both claim maternity insurance.

Can a policyholder nominate anyone for his Insurance Policy?

Yes. The policyholder can nominate anyone for his insurance policy.