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Frequently Asked Questions

Some Important FAQ's

Common Frequently Asked Questions

A: No, Life Insurance is not mandatory but when you have dependants like children, parents & spouse, then Life Insurance becomes an integral aspect of your life.

A: Car Insurance operates on the principle of risk pooling. Policyholders pay premiums to the insurance company, creating a pool of funds.

A: The person or entity who is paid the proceeds under the insurance policy. How does the beneficiary designation work in life insurance? ... The policyholder designates a beneficiary who receives the death benefit upon the policyholder's death.