How to Choose Insurance in India
Insurance is not merely a tax-saving option, it is a financial backup to protect you in times of need.
While surprises, in general, make life more exciting, things can also take a nasty turn at any given moment. Even though nobody anticipates situations like unfortunate accidents or illnesses while envisioning their future, they can still befall anyone, anytime. The least we can do to counter these mishaps is remain armed with contingency measures, which can allow us to stay prepared to deal with them financially.
Insurance policies are typically classified under two main categories, Life Insurance and General Insurance. Right from choosing the insurance company; the product, the tenure, the benefit comparison, the premium comparison, maturities, the claim benefits, deductions so many things are to follow, to check to verify and to confirm. You surely need an expert & unbiased eye for that. You needn’t feel confused by the troublesome issues of acquiring an insurance.
In India, there are 30+ insurance companies which are registered with the IRDA. Choosing insurance companies out of these can become quite a task. It’s certainly not like buying a pen or a computer or even a car. It’s much more important than that. It’s going to stay with you till the end. And most importantly its going to take care of you or your family while in times of need. Hence, An Extra eye should be given on that. Wise Counsel will become that extra eye for you
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