Life Insurance and Health Insurance are a vital part of out life. The presentation provides brief description and benefits of Insurance and misconceptions which general public have about it.
Their are Three aspects in Wealth Management..
1) Investment Planning
2) Insurance Planning
3) Estate Planning
In this E Book we talk about insurance planning and how to can protect our wealth... Both Mediclaim & Term Plan is covered in this PPT...
Enjoy Reading :-)
This document provides an overview and recommendations for an individual's insurance and risk management planning. It begins with an introduction to using various types of insurance to cover wealth protection needs like income replacement, medical expenses, critical illness, and personal accident. Next, it reviews the individual's existing insurance policies and explores different product types. The document then provides principles for insurance planning and reasons for sourcing policies through an advisory firm rather than directly from agents. It concludes by outlining recommendations for new or modified insurance coverage.
smartapple.us is one of the biggest life insurance agency in new york providing best life insurance policy with a lot of benefits. Directly visit best insurance agency Life Insurance smartapple.us
Surrender Value in Life Insurance by Dr. Amitabh MishraAmitabh Mishra
Surrender value refers to the amount a policyholder will receive from an insurance company if they choose to terminate their life insurance policy before its maturity or insured event occurs. Surrender value applies to the savings and earnings portion of whole life insurance policies and is calculated based on the total premiums paid minus any applicable surrender charges. There are two types of surrender values - guaranteed surrender value, which is a minimum of 30% of premiums paid after 3 years; and special surrender value, which is calculated as the paid-up value plus bonuses multiplied by the surrender value factor, a percentage that increases each year. Surrender values aim to balance paying out policyholders while still allowing insurance companies to cover their obligations and expenses.
This document compares investment returns of different fund types from various insurance companies over 5 years. It also compares features of bank accounts and investment-linked insurance plans. The document then outlines various life insurance products from Prulife UK that provide benefits for education, retirement, protection needs and comprehensive packages. It promotes group term plans for businesses and introduces the financial consultant, emphasizing her qualifications and experience helping clients achieve financial plans.
The document discusses the concepts of insurance and life insurance. It defines insurance as protecting the economic value of assets by compensating for losses. Insurance works by pooling together individuals exposed to similar risks - if one person suffers a loss, others share the burden. Life insurance specifically promises to pay a sum of money if the insured person dies or experiences another specified event. It is needed to cover the financial loss to dependents if a person's death or disability reduces their earnings potential early in life.
The document discusses various types of life insurance products. It begins by explaining why companies develop new products due to changing customer tastes, competition, and failures of existing products. It then describes insurance products as "unsought goods" that require marketing efforts. The basic elements of all life insurance products are term insurance, which provides death coverage, and pure endowment, which provides savings. Unit-linked insurance plans combine insurance and investment by allocating customer premiums to different funds. The document outlines the key features and benefits of various products like term plans, endowment plans, money back plans, whole life plans, and children's plans.
Rural insurance policies provide coverage for rural individuals and their livelihoods including farming and livestock. Key types of rural insurance include cattle insurance, which covers cows, buffalo, bulls and bullocks for death and disability. Poultry insurance similarly covers layers, broilers and parent stock. The government requires insurers to allocate a certain percentage of business to rural sectors. Rural insurance aims to protect vulnerable groups and is designed with simplified claims processes and lower premiums.
Their are Three aspects in Wealth Management..
1) Investment Planning
2) Insurance Planning
3) Estate Planning
In this E Book we talk about insurance planning and how to can protect our wealth... Both Mediclaim & Term Plan is covered in this PPT...
Enjoy Reading :-)
This document provides an overview and recommendations for an individual's insurance and risk management planning. It begins with an introduction to using various types of insurance to cover wealth protection needs like income replacement, medical expenses, critical illness, and personal accident. Next, it reviews the individual's existing insurance policies and explores different product types. The document then provides principles for insurance planning and reasons for sourcing policies through an advisory firm rather than directly from agents. It concludes by outlining recommendations for new or modified insurance coverage.
smartapple.us is one of the biggest life insurance agency in new york providing best life insurance policy with a lot of benefits. Directly visit best insurance agency Life Insurance smartapple.us
Surrender Value in Life Insurance by Dr. Amitabh MishraAmitabh Mishra
Surrender value refers to the amount a policyholder will receive from an insurance company if they choose to terminate their life insurance policy before its maturity or insured event occurs. Surrender value applies to the savings and earnings portion of whole life insurance policies and is calculated based on the total premiums paid minus any applicable surrender charges. There are two types of surrender values - guaranteed surrender value, which is a minimum of 30% of premiums paid after 3 years; and special surrender value, which is calculated as the paid-up value plus bonuses multiplied by the surrender value factor, a percentage that increases each year. Surrender values aim to balance paying out policyholders while still allowing insurance companies to cover their obligations and expenses.
This document compares investment returns of different fund types from various insurance companies over 5 years. It also compares features of bank accounts and investment-linked insurance plans. The document then outlines various life insurance products from Prulife UK that provide benefits for education, retirement, protection needs and comprehensive packages. It promotes group term plans for businesses and introduces the financial consultant, emphasizing her qualifications and experience helping clients achieve financial plans.
The document discusses the concepts of insurance and life insurance. It defines insurance as protecting the economic value of assets by compensating for losses. Insurance works by pooling together individuals exposed to similar risks - if one person suffers a loss, others share the burden. Life insurance specifically promises to pay a sum of money if the insured person dies or experiences another specified event. It is needed to cover the financial loss to dependents if a person's death or disability reduces their earnings potential early in life.
The document discusses various types of life insurance products. It begins by explaining why companies develop new products due to changing customer tastes, competition, and failures of existing products. It then describes insurance products as "unsought goods" that require marketing efforts. The basic elements of all life insurance products are term insurance, which provides death coverage, and pure endowment, which provides savings. Unit-linked insurance plans combine insurance and investment by allocating customer premiums to different funds. The document outlines the key features and benefits of various products like term plans, endowment plans, money back plans, whole life plans, and children's plans.
Rural insurance policies provide coverage for rural individuals and their livelihoods including farming and livestock. Key types of rural insurance include cattle insurance, which covers cows, buffalo, bulls and bullocks for death and disability. Poultry insurance similarly covers layers, broilers and parent stock. The government requires insurers to allocate a certain percentage of business to rural sectors. Rural insurance aims to protect vulnerable groups and is designed with simplified claims processes and lower premiums.
This document provides an overview of the practice of life insurance in India. It discusses the history of insurance in ancient texts and its modern form originating in England in 1818. It then covers the development of the insurance industry in India from the late 18th century until the present day, including the nationalization of life insurance under LIC in 1956 and the opening of the sector to private players in 2000. The document also describes various life insurance plans, bonuses, annuities, group insurance, and unit linked insurance plans (ULIPs).
The document is an assignment on Sonali Life Insurance Company Limited submitted to a lecturer. It includes an acknowledgement, letter of transmittal, table of contents, and introduction section. The introduction provides the objectives of the report as understanding Sonali Life's ordinary and group/health insurance activities and products. It also describes the scope, methodology, and limitations of the study conducted on Sonali Life.
The document discusses various innovative insurance products including insuring Lata Mangeshkar's voice, Vijender Singh's hands, Shane Warne's middle finger, and David Beckham's entire body. It also proposes new types of insurance like home maker insurance to insure the primary caretaker, family health insurance to cover an entire family with one policy, pet insurance, and hybrid insurance that provides lump sums for education and marriage expenses.
The document provides an introduction to insurance concepts, including the basic principles of insurance, risk management, the insurance market and regulatory framework. It discusses key insurance concepts such as insurable interest, utmost good faith, indemnity, subrogation and proximate cause. It also introduces the role of agents and intermediaries and the importance of marketing and after-sales services in the insurance industry.
In print post retirement plan for seniorsamitinu59
Ms. Iyer recently retired from government service after 30 years. Within two weeks, friends and relatives with financial product agencies were pressuring her to invest her retirement proceeds in their products without considering her needs. It is recommended that retirees consider their anticipated expenses, income needs, liquidity, emergencies, medical costs, and risk profile before planning investments. A basic recommended plan is to invest six months of expenses in a savings account or short-term debt funds for emergencies and then invest the rest in secure instruments like senior citizen savings plans or postal monthly income schemes for steady income and capital protection. Residual funds can then go to debt mutual funds or medical insurance. Life insurance is not recommended as an investment post-ret
AIA General Insurance Lanka Limited is a fully owned subsidiary of AIA Insurance Lanka PLC, providing general insurance solutions in Sri Lanka. It was established in 1988 as Eagle Insurance Company Limited and transformed over time, being acquired by AIA in 2012. The document discusses AIA's vision, organizational structure, products and services. It provides an overview of AIA's individual and business insurance solutions covering areas such as motor, health, employee benefits, asset protection, and marine cargo insurance. It also outlines the company's accolades and commitment to corporate social responsibility.
Life insurance 101- Basics for BeginnersJoan Mullally
There are many different kinds of life insurance policies that can help you plan for the future in case the unthinkable should ever happen. Discover the essentials about life insurance so you can make the best financial decisions for you and your family. Learn more about Term life insurance, whole life insurance and more.
Principles of Life insurance by Dr. Amitabh MishraAmitabh Mishra
The document discusses the key principles of life insurance, including:
1) The principle of insurable interest which requires a financial loss upon death or injury.
2) The principle of utmost good faith which requires full disclosure between insurer and insured.
3) The principle of large numbers which allows insurers to predict risks by analyzing large pools of policyholders.
4) Life insurance has also evolved with increasing digitization, the creation of e-insurance accounts, and the growth of alternative distribution channels such as brokers, banks, and online aggregators.
Income Protection in Australia provides replacement income of up to 75% of a person's gross income if they are unable to work due to illness or injury. To be eligible, a person must be between 18-59, working at least 20 hours per week and have worked for 12 of the last 24 months. Benefits include waiving premium payments while receiving benefits so coverage continues. Policies offer options for waiting periods before benefits start and benefit periods covering how long payments will be received. While premiums are tax deductible, benefits received are considered taxable income.
This document provides an overview of Liberty's Income Protector product, which offers comprehensive income protection against various risks. The Income Protector consists of three layers of benefits - a core layer including Absolute Income Protector, a comprehensive layer adding additional risks like retrenchment and critical illness, and an extended layer providing long-term coverage. The Absolute Income Protector pays out if you are temporarily or permanently disabled and unable to work, or permanently impaired. It covers up to 75% of your after-tax income for up to 24 months. Additional benefits like Child Illness Protector and Overhead Expenses Protector are also included.
This document discusses group insurance, including its key concepts and features. Group insurance insures a group rather than individuals, with one policy covering many people. It provides security and benefits to employees. Premiums are lower than individual policies since risks are spread across a group. The document outlines various types of group insurance schemes in India like group term insurance, group savings-linked insurance, and group gratuity and superannuation schemes. It also discusses insurers' obligations to provide rural and social sector insurance.
The process of insurance has been evolved to safeguard the interest of people from uncertainty by providing certainty of payment at a given contingency. Insurance companies help to minimize the risk of individual’s life by insuring their property, businesses, future, family etc. MetLife Alico is from those companies. They also provide financial planning, finance, mutual funds, life insurance, and health insurance.
so regarding it here is a report on "Metlife-Alico"
Helps customer find the best policy according to their suitable needs
Features,pros,cons and suitability of various policies are given :-
1. Term Policy
2. Whole Life Policy
3. Unit Linked Insurance Policy (ULIP)
4. Money Back Policy
5. Endowment Policy
This document provides information about life insurance policies in India. It discusses different types of life insurance policies like term insurance, whole life insurance, endowment policies, money back plans, children's policies, annuity plans, and unit linked insurance plans. It also answers frequently asked questions about life insurance policies, including how premiums, surrender values, and claims are calculated for conventional and unit linked policies. The document aims to educate policyholders about various aspects of life insurance.
The document discusses various risks to consider for retirement planning such as longevity risk, inflation risk, and investment risk. It introduces variable annuities as a potential solution to help mitigate these risks by providing guaranteed lifetime income, protection against market downturns, and upside potential from stock market investments. Variable annuities can help secure retirement income through features such as living benefits and death benefits. Working with a financial advisor can help assess if a variable annuity is a suitable strategy for individual retirement goals and risk tolerance.
This document provides an overview of insurance, including:
1. Insurance protects against economic losses by spreading risk across many policyholders who pay premiums into a common fund. It aims to ensure continuity of financial benefits when losses occur.
2. Insurance provides security, supports pensions and savings/investments, acts as collateral for loans, and offers tax benefits.
3. Insurance evaluates and prices risks, shares risks collectively, prevents losses by encouraging safety, and allows larger risks to be covered with smaller capital investments.
This document outlines an endowment policy, which is a type of life insurance that pays out a lump sum amount either upon the death of the policyholder or at the end of a specified term. It provides both a living benefit through periodic payouts as well as life insurance coverage. There are several types of endowment policies that vary based on factors like whether the payout is made to one or multiple lives insured, or whether the payout amount is the standard sum assured or a double amount. While endowment policies have benefits like long-term investment and dual protection, they also have drawbacks such as higher premiums and lower surrender values compared to term insurance plans.
THE WAY INSURANCE AGENCIES JUDGE RISKS & FIX PREMIUM ON HEALTH INSURANCE POLICYMandana Sharma
The premium of health insurance policies is considered as per the assured sum and investment of the insured but there are many things to look for before considering premiums.
Get helpful insights on types of insurance policy like life insurance, child insurance, investment plans, ulip plans, pension and others. For more information visit - www.aegonreligare.com
This document discusses various types of insurance and risk management strategies. It covers topics such as life insurance, term insurance, whole life insurance, universal life insurance, disability income protection, critical illness insurance, and long term care insurance. For each type of insurance, the document provides details on coverage options, premium costs, benefits, and common uses. It emphasizes the importance of insurance for individuals, families, and business owners to manage risks related to mortality, health issues, loss of income, and more.
This document provides an overview of the practice of life insurance in India. It discusses the history of insurance in ancient texts and its modern form originating in England in 1818. It then covers the development of the insurance industry in India from the late 18th century until the present day, including the nationalization of life insurance under LIC in 1956 and the opening of the sector to private players in 2000. The document also describes various life insurance plans, bonuses, annuities, group insurance, and unit linked insurance plans (ULIPs).
The document is an assignment on Sonali Life Insurance Company Limited submitted to a lecturer. It includes an acknowledgement, letter of transmittal, table of contents, and introduction section. The introduction provides the objectives of the report as understanding Sonali Life's ordinary and group/health insurance activities and products. It also describes the scope, methodology, and limitations of the study conducted on Sonali Life.
The document discusses various innovative insurance products including insuring Lata Mangeshkar's voice, Vijender Singh's hands, Shane Warne's middle finger, and David Beckham's entire body. It also proposes new types of insurance like home maker insurance to insure the primary caretaker, family health insurance to cover an entire family with one policy, pet insurance, and hybrid insurance that provides lump sums for education and marriage expenses.
The document provides an introduction to insurance concepts, including the basic principles of insurance, risk management, the insurance market and regulatory framework. It discusses key insurance concepts such as insurable interest, utmost good faith, indemnity, subrogation and proximate cause. It also introduces the role of agents and intermediaries and the importance of marketing and after-sales services in the insurance industry.
In print post retirement plan for seniorsamitinu59
Ms. Iyer recently retired from government service after 30 years. Within two weeks, friends and relatives with financial product agencies were pressuring her to invest her retirement proceeds in their products without considering her needs. It is recommended that retirees consider their anticipated expenses, income needs, liquidity, emergencies, medical costs, and risk profile before planning investments. A basic recommended plan is to invest six months of expenses in a savings account or short-term debt funds for emergencies and then invest the rest in secure instruments like senior citizen savings plans or postal monthly income schemes for steady income and capital protection. Residual funds can then go to debt mutual funds or medical insurance. Life insurance is not recommended as an investment post-ret
AIA General Insurance Lanka Limited is a fully owned subsidiary of AIA Insurance Lanka PLC, providing general insurance solutions in Sri Lanka. It was established in 1988 as Eagle Insurance Company Limited and transformed over time, being acquired by AIA in 2012. The document discusses AIA's vision, organizational structure, products and services. It provides an overview of AIA's individual and business insurance solutions covering areas such as motor, health, employee benefits, asset protection, and marine cargo insurance. It also outlines the company's accolades and commitment to corporate social responsibility.
Life insurance 101- Basics for BeginnersJoan Mullally
There are many different kinds of life insurance policies that can help you plan for the future in case the unthinkable should ever happen. Discover the essentials about life insurance so you can make the best financial decisions for you and your family. Learn more about Term life insurance, whole life insurance and more.
Principles of Life insurance by Dr. Amitabh MishraAmitabh Mishra
The document discusses the key principles of life insurance, including:
1) The principle of insurable interest which requires a financial loss upon death or injury.
2) The principle of utmost good faith which requires full disclosure between insurer and insured.
3) The principle of large numbers which allows insurers to predict risks by analyzing large pools of policyholders.
4) Life insurance has also evolved with increasing digitization, the creation of e-insurance accounts, and the growth of alternative distribution channels such as brokers, banks, and online aggregators.
Income Protection in Australia provides replacement income of up to 75% of a person's gross income if they are unable to work due to illness or injury. To be eligible, a person must be between 18-59, working at least 20 hours per week and have worked for 12 of the last 24 months. Benefits include waiving premium payments while receiving benefits so coverage continues. Policies offer options for waiting periods before benefits start and benefit periods covering how long payments will be received. While premiums are tax deductible, benefits received are considered taxable income.
This document provides an overview of Liberty's Income Protector product, which offers comprehensive income protection against various risks. The Income Protector consists of three layers of benefits - a core layer including Absolute Income Protector, a comprehensive layer adding additional risks like retrenchment and critical illness, and an extended layer providing long-term coverage. The Absolute Income Protector pays out if you are temporarily or permanently disabled and unable to work, or permanently impaired. It covers up to 75% of your after-tax income for up to 24 months. Additional benefits like Child Illness Protector and Overhead Expenses Protector are also included.
This document discusses group insurance, including its key concepts and features. Group insurance insures a group rather than individuals, with one policy covering many people. It provides security and benefits to employees. Premiums are lower than individual policies since risks are spread across a group. The document outlines various types of group insurance schemes in India like group term insurance, group savings-linked insurance, and group gratuity and superannuation schemes. It also discusses insurers' obligations to provide rural and social sector insurance.
The process of insurance has been evolved to safeguard the interest of people from uncertainty by providing certainty of payment at a given contingency. Insurance companies help to minimize the risk of individual’s life by insuring their property, businesses, future, family etc. MetLife Alico is from those companies. They also provide financial planning, finance, mutual funds, life insurance, and health insurance.
so regarding it here is a report on "Metlife-Alico"
Helps customer find the best policy according to their suitable needs
Features,pros,cons and suitability of various policies are given :-
1. Term Policy
2. Whole Life Policy
3. Unit Linked Insurance Policy (ULIP)
4. Money Back Policy
5. Endowment Policy
This document provides information about life insurance policies in India. It discusses different types of life insurance policies like term insurance, whole life insurance, endowment policies, money back plans, children's policies, annuity plans, and unit linked insurance plans. It also answers frequently asked questions about life insurance policies, including how premiums, surrender values, and claims are calculated for conventional and unit linked policies. The document aims to educate policyholders about various aspects of life insurance.
The document discusses various risks to consider for retirement planning such as longevity risk, inflation risk, and investment risk. It introduces variable annuities as a potential solution to help mitigate these risks by providing guaranteed lifetime income, protection against market downturns, and upside potential from stock market investments. Variable annuities can help secure retirement income through features such as living benefits and death benefits. Working with a financial advisor can help assess if a variable annuity is a suitable strategy for individual retirement goals and risk tolerance.
This document provides an overview of insurance, including:
1. Insurance protects against economic losses by spreading risk across many policyholders who pay premiums into a common fund. It aims to ensure continuity of financial benefits when losses occur.
2. Insurance provides security, supports pensions and savings/investments, acts as collateral for loans, and offers tax benefits.
3. Insurance evaluates and prices risks, shares risks collectively, prevents losses by encouraging safety, and allows larger risks to be covered with smaller capital investments.
This document outlines an endowment policy, which is a type of life insurance that pays out a lump sum amount either upon the death of the policyholder or at the end of a specified term. It provides both a living benefit through periodic payouts as well as life insurance coverage. There are several types of endowment policies that vary based on factors like whether the payout is made to one or multiple lives insured, or whether the payout amount is the standard sum assured or a double amount. While endowment policies have benefits like long-term investment and dual protection, they also have drawbacks such as higher premiums and lower surrender values compared to term insurance plans.
THE WAY INSURANCE AGENCIES JUDGE RISKS & FIX PREMIUM ON HEALTH INSURANCE POLICYMandana Sharma
The premium of health insurance policies is considered as per the assured sum and investment of the insured but there are many things to look for before considering premiums.
Get helpful insights on types of insurance policy like life insurance, child insurance, investment plans, ulip plans, pension and others. For more information visit - www.aegonreligare.com
This document discusses various types of insurance and risk management strategies. It covers topics such as life insurance, term insurance, whole life insurance, universal life insurance, disability income protection, critical illness insurance, and long term care insurance. For each type of insurance, the document provides details on coverage options, premium costs, benefits, and common uses. It emphasizes the importance of insurance for individuals, families, and business owners to manage risks related to mortality, health issues, loss of income, and more.
This document discusses building a strong financial foundation through voluntary benefit programs that can help protect employees from life's uncertainties. It highlights the importance of having insurance such as disability, life, long-term care, and critical illness insurance. Specific types of insurance coverage being offered through the employer include universal life insurance with long-term care and other riders, short-term disability insurance, and group critical illness insurance. Employees are encouraged to review their needs and coverage with their spouse.
The document discusses various types of insurance, including life, general, health, and property insurance. It provides definitions and classifications of insurance, explains concepts like premiums and insurers, and gives examples of specific insurance policies and plans like health, home, and renter's insurance. Key details covered include classifications of insurance, definitions of terms, common policy elements and exclusions, health insurance initiatives and schemes in India, and importance of property and health insurance.
The document discusses building a strong financial foundation through voluntary benefit programs offered by Slone & Associates to employees of Medicorp. It emphasizes the importance of having insurance such as life insurance, disability insurance, long-term care insurance, and critical illness insurance to protect against uncertainties. Specific insurance options being made available include universal life insurance with long-term care and other riders, short-term disability insurance, and group critical illness insurance. Employees are encouraged to review their needs and consult with spouses.
Money Plant Financial Services provides various financial planning services including insurance planning, tax planning, investment planning, retirement planning, and more. It aims to provide optimal financial solutions to individuals. The company represents clients, not any specific fund houses or insurance companies. It assists clients in developing financial goals and implementing financial plans through products like life insurance, health insurance, mutual funds, fixed deposits, bonds, and real estate investments. The document provides details on various financial products and services offered by the company.
General insurance presented by kavitha from Tkr institute of management and s...Rathodkavitha
The document discusses various types of general insurance such as motor vehicle insurance, fire insurance, health insurance, accident insurance, and crop insurance. It provides definitions and explanations of these types of insurance. For motor vehicle insurance, it explains types like third party insurance and comprehensive insurance. For health insurance, it discusses individual, family floater, and group policies as well as their benefits. It also outlines the various companies that provide crop insurance in India.
This document provides an overview of Max New York Life Insurance Company. It discusses that Max New York Life is a joint venture between Max India Limited and New York Life International established in India in 1985. It owns over 100 offices across 73 cities in India. The document also provides some statistics on the life insurance industry in India and describes several common life insurance products like term insurance, whole life insurance, and variable life insurance. It shares details on some Max New York Life insurance plans and funds.
1. The document provides an overview of Padma Islami Life Insurance Ltd, a Bangladeshi life insurance company that follows Islamic principles. It describes several of the company's insurance products like term insurance, marriage insurance, and Hajj/Umrah insurance.
2. The operations of Padma Islami are then summarized, including activities like rate making, underwriting, sales and marketing, claims settlement, and reinsurance. Underwriting involves assessing risk factors like business type, finances, and safety practices. Claims settlement requires notifying the insurer, investigating, reviewing policies, and providing payment.
3. Personal and diversifiable risks are the main risks covered by many of the company's products. The document provides details
This document provides a summer training project report for Reliance Life Insurance on recruitment of financial advisors. It includes an acknowledgements section, executive summary that identifies different profiles that could join as financial advisors, and sections on the company profile, products and policies, introduction to channel development and recruitment, research methodology, findings, SWOT analysis, suggestions and recommendations. The document also includes contents, questionnaires and bibliography sections. The report provides details on the recruitment project conducted for Reliance Life Insurance.
This document provides an overview and guide to different types of "peace of mind insurance". It discusses medical insurance which covers medical expenses, life insurance which provides financial protection for dependents if the policy holder dies, critical illness insurance which pays out if the policy holder is diagnosed with a critical illness, and income protection insurance which replaces a portion of lost income if the policy holder is unable to work due to illness or injury. The guide explains what each type of insurance is, how it works, why it is important, and things to consider when choosing a policy to ensure the right coverage is selected.
This document provides an overview and guide to different types of "peace of mind insurance". It discusses medical insurance which covers medical expenses, life insurance which provides financial protection for dependents if the policy holder dies, critical illness insurance which pays a lump sum if diagnosed with a critical illness, and income protection insurance which replaces a portion of lost income if the policy holder is unable to work due to illness or injury. It stresses the importance of these types of insurance in providing financial security and peace of mind for families when faced with unforeseen life events and stresses the importance of understanding the details and choosing appropriate coverage.
The document is a guide to expat peace of mind insurance. It discusses the importance of protecting your wealth and ability to earn income through various types of insurance policies. These include medical insurance to cover healthcare costs, life insurance which pays out a lump sum if you die, and income protection insurance which replaces lost wages if you cannot work due to illness or injury. Choosing the right insurance requires understanding the different options and your specific needs to ensure your family's financial security.
The document is a guide to expat peace of mind insurance. It discusses the importance of protecting your wealth and ability to earn income through various types of insurance policies. These include medical insurance to cover healthcare costs, life insurance which pays out a lump sum if you die, and income protection insurance which replaces lost wages if you cannot work due to illness or injury. Choosing the right insurance requires understanding the different options and your specific needs to ensure your family's financial security.
This document provides an overview and guide to different types of "peace of mind insurance". It discusses medical insurance which covers medical expenses, life insurance which provides financial protection for dependents if the policy holder dies, critical illness insurance which pays a lump sum if diagnosed with a critical illness, and income protection insurance which replaces a portion of lost income if the policy holder is unable to work due to illness or injury. It stresses the importance of these types of insurance in providing financial security and peace of mind for families when faced with unforeseen life events and stresses the importance of understanding the details and choosing appropriate coverage.
The document is a guide to expat peace of mind insurance. It discusses the importance of protecting your wealth and ability to earn income through various types of insurance policies. These include medical insurance to cover healthcare costs, life insurance which pays out a lump sum if you die, and income protection insurance which replaces lost wages if you cannot work due to illness or injury. Choosing the right insurance requires understanding the different options and your specific needs to ensure your family's financial security.
This document provides an overview and guide to different types of "peace of mind insurance". It discusses medical insurance which covers medical expenses, life insurance which provides financial protection for dependents if the policyholder passes away, critical illness insurance which pays out a lump sum if diagnosed with a critical illness, and income protection insurance which replaces a portion of lost income if the policyholder is unable to work due to illness or injury. It stresses the importance of these types of insurance in providing financial security and peace of mind for families when faced with unforeseen life events and expenses.
This document provides an overview and guide to different types of "peace of mind insurance". It discusses medical insurance which covers medical expenses, life insurance which provides financial protection for dependents if the policy holder dies, critical illness insurance which pays out if the policy holder is diagnosed with a critical illness, and income protection insurance which replaces lost income if the policy holder is unable to work due to illness or injury. It stresses the importance of having insurance to protect your ability to earn and provide for your family from the financial consequences of unforeseen life events.
This document provides an overview and guide to different types of "peace of mind insurance". It discusses medical insurance which covers medical expenses, life insurance which provides financial protection for dependents if the policy holder dies, critical illness insurance which pays a lump sum if diagnosed with a critical illness, and income protection insurance which replaces a portion of lost income if the policy holder is unable to work due to illness or injury. It stresses the importance of these types of insurance in providing financial security and peace of mind for families when faced with unforeseen life events and stresses the importance of understanding the details and choosing appropriate coverage.
Similar to Insurance Demystified- Unknown facts about INSURANCE (20)
About this webinar: This talk will introduce what cancer rehabilitation is, where it fits into the cancer trajectory, and who can benefit from it. In addition, the current landscape of cancer rehabilitation in Canada will be discussed and the need for advocacy to increase access to this essential component of cancer care.
This particular slides consist of- what is Pneumothorax,what are it's causes and it's effect on body, risk factors, symptoms,complications, diagnosis and role of physiotherapy in it.
This slide is very helpful for physiotherapy students and also for other medical and healthcare students.
Here is a summary of Pneumothorax:
Pneumothorax, also known as a collapsed lung, is a condition that occurs when air leaks into the space between the lung and chest wall. This air buildup puts pressure on the lung, preventing it from expanding fully when you breathe. A pneumothorax can cause a complete or partial collapse of the lung.
Can coffee help me lose weight? Yes, 25,422 users in the USA use it for that ...nirahealhty
The South Beach Coffee Java Diet is a variation of the popular South Beach Diet, which was developed by cardiologist Dr. Arthur Agatston. The original South Beach Diet focuses on consuming lean proteins, healthy fats, and low-glycemic index carbohydrates. The South Beach Coffee Java Diet adds the element of coffee, specifically caffeine, to enhance weight loss and improve energy levels.
Healthy Eating Habits:
Understanding Nutrition Labels: Teaches how to read and interpret food labels, focusing on serving sizes, calorie intake, and nutrients to limit or include.
Tips for Healthy Eating: Offers practical advice such as incorporating a variety of foods, practicing moderation, staying hydrated, and eating mindfully.
Benefits of Regular Exercise:
Physical Benefits: Discusses how exercise aids in weight management, muscle and bone health, cardiovascular health, and flexibility.
Mental Benefits: Explains the psychological advantages, including stress reduction, improved mood, and better sleep.
Tips for Staying Active:
Encourages consistency, variety in exercises, setting realistic goals, and finding enjoyable activities to maintain motivation.
Maintaining a Balanced Lifestyle:
Integrating Nutrition and Exercise: Suggests meal planning and incorporating physical activity into daily routines.
Monitoring Progress: Recommends tracking food intake and exercise, regular health check-ups, and provides tips for achieving balance, such as getting sufficient sleep, managing stress, and staying socially active.
Michigan HealthTech Market Map 2024. Includes 7 categories: Policy Makers, Academic Innovation Centers, Digital Health Providers, Healthcare Providers, Payers / Insurance, Device Companies, Life Science Companies, Innovation Accelerators. Developed by the Michigan-Israel Business Accelerator
We are one of the top Massage Spa Ajman Our highly skilled, experienced, and certified massage therapists from different corners of the world are committed to serving you with a soothing and relaxing experience. Luxuriate yourself at our spas in Sharjah and Ajman, which are indeed enriched with an ambiance of relaxation and tranquility. We could confidently claim that we are one of the most affordable Spa Ajman and Sharjah as well, where you can book the massage session of your choice for just 99 AED at any time as we are open 24 hours a day, 7 days a week.
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LGBTQ+ Adults: Unique Opportunities and Inclusive Approaches to CareVITASAuthor
This webinar helps clinicians understand the unique healthcare needs of the LGBTQ+ community, primarily in relation to end-of-life care. Topics include social and cultural background and challenges, healthcare disparities, advanced care planning, and strategies for reaching the community and improving quality of care.
At Apollo Hospital, Lucknow, U.P., we provide specialized care for children experiencing dehydration and other symptoms. We also offer NICU & PICU Ambulance Facility Services. Consult our expert today for the best pediatric emergency care.
For More Details:
Map: https://cutt.ly/BwCeflYo
Name: Apollo Hospital
Address: Singar Nagar, LDA Colony, Lucknow, Uttar Pradesh 226012
Phone: 08429021957
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MBC Support Group for Black Women – Insights in Genetic Testing.pdfbkling
Christina Spears, breast cancer genetic counselor at the Ohio State University Comprehensive Cancer Center, joined us for the MBC Support Group for Black Women to discuss the importance of genetic testing in communities of color and answer pressing questions.
Comprehensive Rainy Season Advisory: Safety and Preparedness Tips.pdfDr Rachana Gujar
The "Comprehensive Rainy Season Advisory: Safety and Preparedness Tips" offers essential guidance for navigating rainy weather conditions. It covers strategies for staying safe during storms, flood prevention measures, and advice on preparing for inclement weather. This advisory aims to ensure individuals are equipped with the knowledge and resources to handle the challenges of the rainy season effectively, emphasizing safety, preparedness, and resilience.
Gemma Wean- Nutritional solution for Artemiasmuskaan0008
GEMMA Wean is a high end larval co-feeding and weaning diet aimed at Artemia optimisation and is fortified with a high level of proteins and phospholipids. GEMMA Wean provides the early weaned juveniles with dedicated fish nutrition and is an ideal follow on from GEMMA Micro or Artemia.
GEMMA Wean has an optimised nutritional balance and physical quality so that it flows more freely and spreads readily on the water surface. The balance of phospholipid classes to- gether with the production technology based on a low temperature extrusion process improve the physical aspect of the pellets while still retaining the high phospholipid content.
GEMMA Wean is available in 0.1mm, 0.2mm and 0.3mm. There is also a 0.5mm micro-pellet, GEMMA Wean Diamond, which covers the early nursery stage from post-weaning to pre-growing.
DECODING THE RISKS - ALCOHOL, TOBACCO & DRUGS.pdfDr Rachana Gujar
Introduction: Substance use education is crucial due to its prevalence and societal impact.
Alcohol Use: Immediate and long-term risks include impaired judgment, health issues, and social consequences.
Tobacco Use: Immediate effects include increased heart rate, while long-term risks encompass cancer and heart disease.
Drug Use: Risks vary depending on the drug type, including health and psychological implications.
Prevention Strategies: Education, healthy coping mechanisms, community support, and policies are vital in preventing substance use.
Harm Reduction Strategies: Safe use practices, medication-assisted treatment, and naloxone availability aim to reduce harm.
Seeking Help for Addiction: Recognizing signs, available treatments, support systems, and resources are essential for recovery.
Personal Stories: Real stories of recovery emphasize hope and resilience.
Interactive Q&A: Engage the audience and encourage discussion.
Conclusion: Recap key points and emphasize the importance of awareness, prevention, and seeking help.
Resources: Provide contact information and links for further support.
PET CT beginners Guide covers some of the underrepresented topics in PET CTMiadAlsulami
This lecture briefly covers some of the underrepresented topics in Molecular imaging with cases , such as:
- Primary pleural tumors and pleural metastases.
- Distinguishing between MPM and Talc Pleurodesis.
- Urological tumors.
- The role of FDG PET in NET.
2. Risks and uncertainties are part of life’s great adventure-
accident, illness, natural disaster- they’re all built into
the working of the Universe, waiting to happen.
Insurance is then the answer to man’s vagaries of life. If
you cannot beat man made and natural calamities well,
at least be prepared for them and their aftermath.
www.investza.in
3. PROCESS OF ANALYSING RISK
Identification of Risks
Assessing risk
Manage and Control risks
Risk Avoidance
Risk Retention
Risk Reduction
Risk Transfer
Monitor & Review
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4. MYTH BUSTERS
Myth 1: Insurance is for tax saving
Myth 2: Insurance is Investment
Myth 3: I don’t need Insurance
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5. TYPES OF LIFE INSURANCE POLICIES
Term Insurance Policy
Whole life policy
Endowment Policy
Money Back Policy
Unit Linked Policy
Annuities & Pension Plan
Riders
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6.
ICICI I- PROTECT- TERM PLAN
ITS UPTO YOU TO DECIDE!!!!!!!
www.investza.in
7. Term
Insurance
Plan
Offer your family 360° protection against Death, Disability
& Disease. A plan that provides Life cover + 34 Critical
Illnesses cover + Higher Accident cover and much more
+ No increase in premium as you grow older
www.Investza.in
8. TERM INSURANCE POLICY
Provides cover for specific period only
Premium is very low
No returns/refund of premium
No investment element
100% risk cover
Sum assured paid on death
Best policy for adequate cover
Buy based on life insurance need analysis
www.investza.in
9. 6 REASONS TO BUY A TERM
INSURANCE PLAN
High Life Insurance
amount
Term insurance plans
provide a high life
insurance amount. For
example, if your annual
income is 10 lakh, then
you can take a Life Cover
of up to 1 crore.
Affordable Premiums
With Term Insurance
plans, a large amount of
Life Cover comes at a
small premium. For
instance, you can get a
Life Cover of 1 crore at a
premium of just 17 per
day
Tax Benefits
Tax benefits on premiums
paid up to 1.5 lakh under
Section 80C. New-age
Term plans with critical
illness cover also offer
additional tax benefits on
premiums paid up
to 25,000 under Section
80D. You also get tax
benefits** under Section
10(10D) on the money that
your family receives in
case of an unfortunate
event.
www.Investza.in
10. 6 REASONS TO BUY A TERM
INSURANCE PLAN
Cover Against Critical
Illnesses:
Besides protecting your
family in your absence,
new-age Term Insurance
plans like iProtect Smart
also provide cover
against critical illnesses.
By paying a small amount
of additional premium,
you can get a lump sum
pay-out on first diagnosis
of a critical illness like
heart attack, cancer,
kidney failure, etc.
Support In Case Of
Disability:
In new-age Term
Insurance plans such as
iProtect Smart, the
insurance company pays
your future premiums in
case of total and
permanent disability*.
This ensures that the
protection of the Life
Cover continues, even
when you are unable to
pay the premiums
Double Security:
To increase the security
of your family, a Term
Insurance Plan provides
double pay-out (up to 2
crore) in case of an
accidental death. For
example, if your Life
Cover is 1 crore, a Term
Insurance plan with
Accident Cover pays 2
crore to your family in
case of an accidental
death
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11. How much Life Cover do I need?
Age In Years Income Multiple
18-35 25 times of your annual income
36-45 20 times of your annual income
46-50 15 times of your annual income
51-60 10 times of your annual income
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12. How much does it cost?
Age
of Buyer
25 years 30 years 35 years 40 years
Tenure of Cover 40 years 40years 40 years 35 years
Annual premium ₹9,906 ₹14,002 ₹19,721 ₹25,104
Monthly premium ₹826 ₹1,167 ₹1,644 ₹2,092
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13. ENDOWMENT POLICY
Most popular insurance policy
Combines investment + risk cover
Sum assured paid on death or survival at maturity
Bonus paid along with sum assured on maturity
Premiums are higher than term plan due to savings component
Very high Commission (upto 40%)
Not flexible
Expected return: 4-6%
www.investza.in
14. MONEY BACK POLICY
Covers death & survival benefits
Lump sum paid periodically
20% + 20% + 20% + 40% of SA at predefined intervals
Full sum assured paid on death
Popular for planning Children’s Education & Marriage
Very high commission (upto 40%)
Expected return : 4-6%
www.investza.in
15. UNIT LINKED INSURANCE PLANS (ULIPs)
Market linked investment where the premium paid is invested in funds
Different options- Equity, Balanced, Debt, Switch facility available
Greater flexibility in policy structure
Sold as “Investment” Plans
Higher of the SA or Fund value is paid at death/maturity
High liquidity
High mis-selling as earlier commission was very high
Recent SEBI-IRDA spat and subsequent IRDA clampdown on ULIPS
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16. 10 COMMANDMENTS OF LIFE
INSURANCE
Thou shall buy insurance only for risk cover
Thou shall not consider insurance as an investment option
Thou shall preferably buy only a term policy
Thou shall not trust his agent blindly
Thou shall be wary of the hype(advertisements)
Thou shall not buy ULIP at any cost
Thou shall not insure yourself if you a lone bird
Thou shall not insure if you are wealthy
Thou shall not buy a child insurance plan or a plan for a non earning
member
Thou shall read the fine print careful
17. Health insurance policies help you with
your hospital and medical expenses as
well as treatment in case of
hospitalization.
HEALTH
INSURANCE
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18. HEALTH INSURANCE-WHY????
●Rising Medical cost
●Uncertain hospital bills
●Expensive/quality health care services
●Family health insurance at a lesser premium
●Tax benefits u/s 80D- INR 25,000.
●Changing lifestyle—Most Important reason
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19. FAMILY FLOATER-
●All Family members under an umbrella cover
●Every family member gets benefits under a larger common pool
(includes new born baby)
●Parents insurance- cheaper than senior citizen health plan
●Income tax benefits under section 80D
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20. IS THIS THE TREND??
Mr. Raghu Pillai,
CEO, Future Group
Age-54 years, Heart attack
Mr. Ranjan Das,
CEO, SAP India
Age- 42 years, Cardiac
Arrest
SOME REASONS: Excessive Travelling, Peer Pressure, Easy Lifestyle
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21. BENEFITS OF HEALTH
INSURANCE
Cashless treatment @ 4,500+ network hospitals
Worldwide emergency cover
Free access to services with wellness partners
Upto Rs. 2,000 for Health Maintenance expenses
Single private room for everyone
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22. SENIOR CITIZENS RED CARPET
HEALTH INSURANCE POLICY
For Senior citizens aged between 60 to 75 years.
No pre-insurance medical test required.
Covers pre-existing diseases from the second year
onwards.
Medical Consultations as an Out Patient in a Network
Hospital.
Higher Sum Insured coverage upto Rs.10 Lakhs.
Guaranteed lifetime renewals.
www.investza.in
23. www.investza.in
For further details kindly contact
Krishna Patel- 9823962817
krishna@investza.in
Madhavi Sawant- 9920594069
madhavi@investza.in