What Is Group Insurance?

Group Insurance is a type of insurance that covers a group of people. There is a group insurance policy available in the insurance companies for a group of family members or employees of a company or members of a particular profession, commonly against illness or death.

What is Group Insurance Scheme?

Group Insurance is a type of insurance which covers a group of people. There is a group insurance plan available in insurance company for group of family members or employees of a company or members of a particular profession, commonly against illness or death.

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.

Why is Life Insurance considered as a Contract of Assurance?

Life insurance is a contract between the insured customer and the insurance company in which the insurance would pay the survival benefit to the insured in case of survival of insured at the end of the policy period or death benefit to the nominee of the insured in case of expiry of the insured during the policy period. Life insurance is considered as a contract since the insured and insurance company enter into legal agreement and are bound to honor the agreement failing which it can be challenged in the court of law.

What is Double Insurance?

Double insurance is when the customer takes two insurance policies for the same property with or without prior knowledge. Two insurance policies are taken for the same risk and same subject matter from one or more than one insurer.

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