What is an Insurance Deductible? A deductible in insurance refers to the out-of-pocket amount a policyholder must pay for repairs in case of damage or loss. Once this is paid, the insurer covers the remaining costs within the policy limits. In simpler terms, the deductible is the policyholder’s share of the claim. It is one … Read more
What is General Insurance? General Insurance provides coverage for financial losses incurred from the damage or destruction of insured assets. Insurance acts as a safety net during unforeseen events that could disrupt daily life. There are two main types of insurance: Life Insurance and General Insurance. While Life Insurance is widely recognized, many remain unaware … Read more
Accidents and losses, including death, are sudden and life-altering events that arrive without warning. While we can’t prevent these unpredictable occurrences, we can protect ourselves from their impact. Insurance serves as a crucial safeguard against such uncertainties. Choosing the right types of insurance with adequate coverage is a wise decision to protect our assets and … Read more
