How to take an insurance policy ?How much amount is paid for starting one ?
Answer:
HI goel, taking insurance policy is a good decision to protect life aganest risk. Basically we can devide life insurance policies into 3 ways. One is Term Policies, second Endowment Policies and third Money back policies. Term Policies covers risk only, it wont give any interest or bonus to you. Endowment policies give your amout after maturity period along with bonus. Money back policy gives you money on particular intervels. Based on your need you can opt among these policies. LIC, ICICI, Bajaj Allianz, Birla Sun Life, HDFC Standard life are the some major companies in india in this domain. Based on sum assured premium will be differ. Here you have a chance of selecting premium payment intervel like 1year, half yearly, quaterly and monthly. Before taking policy plz go through the full details of coverage, rider and about claim settlement. All the best.
You can call/visit a broker, or go online.
You usually pay one or two months in advance to start out the policy.
Insurance is based on 6 month premiums. When you take out a policy and your yearly premium is say $600.00 you would pay every 6 months $300.00 unless you set up a pay plan for a monthly payment. Then you would take the 6 month premium $300.00 and divide by 6. Now this premium may change based on your driving record. You will be paying a higher installment if you were to get a ticket for speeding. The points on your insurance would show up at your next renewal period.
Visit Gieco.com
insurance policy only can through agent only. just call any insurance agent and he will describe you all the formality about buy an insurance policy . payment will be selected by your policy term, sum insured and by your age group. the amount will be paid in monthly,quarterly,half yearly,yearly or single time payment.
hi,
my name is santhosh working for a well known insurance company as a sales manager.please call me or give your number.my number is 9842680028.
Maybe they will help you, I take their plans always,
"http://www.dpbolvw.net/email-1961891-104.
Better check online first
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