Insurance

Types of Premium in Life Insurance Policy | Single Premium | Limited Premium | Regular Premium | Jabar Post Indonesia

Types of Premium in Life Insurance Policy | Single Premium | Limited Premium | Regular Premium | Jabar Post Indonesia/a> – This time JabarPost.Net will discuss about Life Insurance.

The following is Types of Premium in Life Insurance Policy | Single Premium | Limited Premium | Regular Premium. And for those of you who want to find a similar explanation, you can search in the Insurance category

Read Also

Types of Premium in Life Insurance Policy | Single Premium | Limited Premium | Regular Premium | 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[1] and life insurers have diversified their products into retirement products such as annuities.[2]

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.



Types of Premium in Life Insurance Policy | Single Premium | Limited Premium | Regular Premium

This video helps you to understand Types of Premium in Life Insurance Policy | Single Premium | Limited Premium | Regular Premiu. This white board animation video is in very simple but effective language, it provides complete information about the Single Premium , Limited Premium, Regular Premium
.

Subscribe this channel to understand Insurance in simple language.
If you like the content of this channel please create awareness among people about this “Insurance Technical “channel.
This “Insurance Technical “Channel is All About Insurance. Purpose of this channel is to share the insurance knowledge and put the complex wording in simplified form with example so that everyone can understand it.

Links:

Link to insurance technical Channel – http://www.youtube.com/c/InsuranceTechnical

All Videos are in Hindi

LIC’s Related Video Playlist – https://www.youtube.com/watch?v=6sn4y…
LIC’s Jeevan Unang Tabel No. 845 – https://youtu.be/6sn4y04XVWg
LIC New Bima Shree Table No. 848 – https://youtu.be/SNSV4rSMku4

LIC’s Riders
Accidental Death and Disability Benefit Rider – https://youtu.be/Ar7tpSlAT18
New Term Assurance Rider – https://youtu.be/wAzioQFK3aU
Critical Illness rider – https://youtu.be/sPaJ8BUksBU
Accidental Benefit Rider – https://youtu.be/ieNqAs6QVIo

Motor Insurance Related Video Playlist – https://www.youtube.com/watch?v=X_tB4…
Mediclaim / Health Insurance Related Video Playlist – https://www.youtube.com/watch?v=w56rY…
Fire/ Property Insurance Related Video Playlist – https://www.youtube.com/watch?v=ZSIbU…
Life insurance Related Video Playlist – https://www.youtube.com/playlist?list=PLWWdoN7vc5sXhv_euBLL20dIYH_cO4z8W
#singlepremium #regularpremium #Limitedpremium

That is the information About Types of Premium in Life Insurance Policy | Single Premium | Limited Premium | Regular Premium | Jabar Post Indonesia

Such are some brief explanations about Types of Premium in Life Insurance Policy | Single Premium | Limited Premium | Regular Premium.>

Show More

Related Articles

13 Comments

  1. सर मैंने बिमा करवाया है एक बार ही पैसा जमा किया है दोबारा नही कर सका क्या वह पैसा वापस मिलेगा क्रिपा करके बताएंगे सर और कैसे मिलेगा गरीब आदमी सर एक साल मे 25000 जमा करना था सर

  2. How term insurance companies will earn money my age is 27 years I am paying 6000 per year as a permium of 1 core sum assured untill 100 years surely I know I will die it before company should pay me 1 core here I am paying 6000*74 year untill 100 my total amount was 438000/- soo I am here benefiting 956200 lacks rupees how insurance company will get benefit sir I hope you understand my question please make a vedio about how insurance companies will earn

  3. जीवन सरल बीमा के ऊपर एक विडीयों बनायें। क्या इस का पालिसी पर पीआईएल दाखिल हुआ है। डिटेल्स बताये।

Leave a Reply

Your email address will not be published. Required fields are marked *

Close