What is the main difference between insurance and assurance?
What is the main difference between insurance and assurance?
The Difference Between Insurance vs Assurance Comparison Factors Insurance Assurance Claim payment Equal to the amount of loss or damage during an accident Pre-defined for a particular event Number of Claims Multiple One Duration Short term Long-term 3 more rows • Oct 9, 2021
What type of insurance is most important?
Health insuranceHealth insurance is arguably the most important type of insurance. A 2016 Kaiser Family Foundation/New York Times survey found that one in five people with medical bills filed for bankruptcy. With a stat like this, investing in health insurance can help you prevent a significant financial hardship. Mar 3, 2020
Which is the best insurance policy?
Top 10 Life Insurance Policies in India Plan Name Plan Type Policy Term (Min/Max) SBI Life eShield Term 5 years to 30 years HDFC Life Click 2 Protect Plus Term 10 years to 40 years Aviva i-Life Term 10 years to 35 years Future Generali Care Plus Rural 5 Years to 30 Years 6 more rows
