How to calculate Money Back Policy Interest Rate By Ritesh Lic Advisor | Jabar Post Indonesia/a> – This time JabarPost.Net will discuss about Life Insurance.
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How to calculate Money Back Policy Interest Rate By Ritesh Lic Advisor | Jabar Post Indonesia
Life insurance (or life assurance, especially in the Commonwealth of Nations) is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money (the benefit) in exchange for a premium, upon the death of an insured person (often the policy holder). Depending on the contract, other events such as terminal illness or critical illness can also trigger payment. The policy holder typically pays a premium, either regularly or as one lump sum. Other expenses, such as funeral expenses, can also be included in the benefits.
Life policies are legal contracts and the terms of the contract describe the limitations of the insured events. Specific exclusions are often written into the contract to limit the liability of the insurer; common examples are claims relating to suicide, fraud, war, riot, and civil commotion.
Modern life insurance bears some similarity to the asset management industry and life insurers have diversified their products into retirement products such as annuities.
Life-based contracts tend to fall into two major categories:
Protection policies: designed to provide a benefit, typically a lump sum payment, in the event of a specified occurrence. A common form—more common in years past—of a protection policy design is term insurance.
Investment policies: the main objective of these policies is to facilitate the growth of capital by regular or single premiums. Common forms (in the U.S.) are whole life, universal life, and variable life policies.
How to calculate interest rate of money back policy is very use full for all agents. you can understand all calculation of Money Back Policy.
For Download IRR calculation excel file click on link given below:-
The Life Insurance Corporation of India is Know by the name of Lic and some people also call the life Insurance corporation of india as Lic of India. The Hindi Meaning of Life Insurance Corporation of India is Bhartiy Jeevan Bima nigam.
All the videos uploaded to our YouTube channel Ritesh Lic Advisor provide you detailed information about the plans of the Life Insurance Corporation of India in simple Hindi language.
On our channel you will get various types of information about Lic of India. As Like- You can get unlimited Gyan through our video to invest in the Life Insurance Corporation of India. All types of motivational video are loaded for LIC agents. Here also you will find information on LIC’s agents how to make your business successful. If you are the customer of Life Insurance Corporation India And you have already made a policy of LIC So many types of information related to your policy service are available on our channel.How can you take online and offline LIC services
For customers of Bhartiy Jeevan Bima Nigam, our channel Ritesh Lic Advisor is useful as Like LIC Customer Care. You can say this channel’s videos gyan tube for Lic of india.
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