What Are Surety Bonds Insurance?
In India, the construction and contracting industries are booming and with them comes the need for financial security…
Trade Credit Insurance vs Letter of Credit
Trade finance is the backbone of international trade, especially in a dynamic and fast-paced economy like India. Exporters,…
What is the Principle of Insurable Interest in Insurance?
Imagine purchasing insurance for your neighbour’s car—sounds strange, right? Insurance is a powerful tool for managing risk, offering…
What is a Deductible in Insurance?
Have you ever come across the term ‘deductible’ while reviewing your insurance policy and wondered what it really…
What is Additional Insured in Insurance?
Insurance policies are designed to protect policyholders from various risks and liabilities. However, in many situations, it’s crucial…
What Is an Export Credit Insurance Policy?
Are you an Indian exporter navigating the choppy waters of international trade? Expanding into international markets is a…
What is the Principle of Indemnity in Insurance?
Imagine facing a significant financial loss due to an unexpected event—be it a fire, accident, or theft. Now,…
What Is a Certificate of Insurance (COI)?
In today’s complex business landscape, insurance policies are crucial for mitigating risks and ensuring financial stability. However, merely…
No Claim Bonus (NCB) in Health Insurance
In today’s uncertain world, health emergencies can strike unexpectedly, leading to significant financial burdens. While Health Insurance provides…
What is the Difference Between OPD vs IPD?
In the domain of Health Insurance, two terms often create confusion: OPD (Outpatient Department) and IPD (Inpatient Department).…