Author: admin

Reinsurance

Reinsurance is insurance of insurance

where one or further insurance companies agree to compensate the threat, incompletely or altogether, for the policy issued by another one or further insurance companies. Reinsurance indicates the process where the original insurer accepted the threat from the original insured gets the threat covered by another insurer or reinsurer for

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Life Insurance

Life Insurance Surrender Value

Occasionally the ensured may ask to terminate the policy before death or maturity of the policy. It substantially happens when the ensured becomes unfit to pay farther decorations because of some fiscal difficulties and wants to land some cash plutocrat for meeting some requirements. In similar circumstances when the ensured wants to discontinue the policy permanently and doesn’t indeed desire to convert the policy into a paid- up one for a reduced cover,

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