Life Insurance Corporation of India

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Get The Best Health Insurance Plans

What is Health or Mediclaim Insurance ?Health insurance pays for all or part of a person’s health care bills. The types of health insurance are group health plans, individual plans, family floater , workers’ compensation etc. Health insurance is an insurance Policy that insures you and your family against any medical expenses. Your medical expenses will be taken care of by the insurance company provided you pay your premium regularly. Cover...

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About Life Insurance In India

About Life Insurance In IndiaInsurance in its basic form is defined as “ A contract between two parties whereby one party called insurer undertakes in exchange for a fixed sum called premiums, to pay the other party called insured a fixed amount of money on the happening of a certain event.” In simple terms it is a contract between the person who buys Insurance and an Insurance company who sold the Policy. By entering into contract the Insurance company agrees to pay the Policy holder or his family members a predetermined sum of money in...

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