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offer loans to policyholders

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OPnb Metlife plans earn bonuses

Tenure

NA

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Third Party Liability

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Cover against Damage

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Lifelong renewal

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Wealthcreation

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Tax-savings

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Lifelong renewal

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Hassle free online application process

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Comprehensive protection against Death, Dismemberment

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Choice of death benefit options

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Rebate for high Sum Assured

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Guaranteed Maturity Benefit

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Flexibility in choosing premium payment and policy terms

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Cover for all day care procedures

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Cover for Assisted Reproductive Treatment

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free Health Checkup benefit

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Online presence and online processes

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IRDAI licensed insurance company

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Cashless settlements in networked hospitals

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Continuation cover

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Pre & Post hospitalization coverage

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Lifelong renewal

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What is Insurance?

The insurance is the legal agreement between two parties, in which the insurance company gives the assurance to give the protection in financial loss. The looses include the death of policyholder or damage or destruction of the property. The amount of money charged to the Policyholder for the coverage set forth in the insurance policy is called the premium.

Types of Insurance

  • Life Insurance
  • Health Insurance
  • Car Insurance
  • Two Wheeler Insurance
  • Travel Insurance
  • Home Insurance
  • Education Insurance

Life Insurance:-

As the name defines the life insurance gives protection on your life and future incidents such as loss or damage done to you. Life insurance is very important if you are the only source of income in your family. The amount assured received from life insurance plans can be used for fulfilling a variety of tasks such as security after retirement, protection against health care costs.

Best life insurance company:-

  • Aviva Life Insurance
  • AEGON Life Insurance
  • Bajaj Allianz Life Insurance
  • Bharti Axa Life Insurance
  • Birla Sun Life Insurance
  • ICICI Prudential Life Insurance
  • Exide Life Insurance
  • Max Life Insurance
  • Reliance Life Insurance
  • SBI Life Insurance
  • Shriram Life Insurance
  • Future Generali Life Insurance
  • HDFC Standard Life Insurance
  • IDBI Federal Life Insurance
  • Kotak Mahindra Life Insurance
  • LIC Life Insurance
  • Metlife Life Insurance
  • Tata AIA Life Insurance
  • DHFL Pramerica Life Insurance
  • Edelweiss Tokio Life Insurance
  • IndiaFirst Life Insurance
  • Sahara Life Insurance
  • Star Union Dai-Ichi  Life Insurance
  • Canara HSBC Oriental Bank of Commerce Life Insurance

Health Insurance:-

Health insurance gives you assurance in medical expenses and treatment. By purchasing health insurance you can avail this benefit the only thing you have to do is paying a certain amount of premium to your insurance provider periodically. Once you will purchase health insurance policy then the insurance provider will take the complete responsibility of the cost involved in medical treatment.

Best Health Insurance company:-

  • Bajaj Allianz Health Insurance
  • STAR HEALTH & ALLIED Health Insurance
  • BHARTI AXA Health Insurance
  • Apollo Munich Health Insurance
  • Religare Health Insurance
  • Cholamandalam Health Insurance
  • Cigna TTK Health Insurance
  • Future Generali Health Insurance
  • HDFC ERGO Health Insurance
  • ICICI Lombard Health Insurance
  • IFFCO Tokio Health Insurance
  • L&T Health Insurance
  • Max Bupa Health Insurance
  • National Health Insurance
  • New India Health Insurance
  • Oriental Health Insurance
  • Reliance Health Insurance
  • Royal Sundaram Health Insurance
  • SBI Health Insurance
  • TATA AIG Health Insurance
  • United India Health Insurance
  • Universal Sompo Health Insurance

Car Insurance:-

The car insurance gives protection to the car on incidents like an accident or natural calamities like floods or earthquakes. It is also cover the third-party liability where you have to pay damages to other vehicle owners.

Best Car Insurance company:-

  • Bharti Axa Car Insurance
  • Bajaj Allianz Car Insurance
  • Chola MS Car Insurance
  • Future Generali Car Insurance
  • HDFC ERGO Car Insurance
  • ICICI Lombard Car Insurance
  • Iffco Tokio Car Insurance
  • L&T Car Insurance
  • Liberty Car Insurance
  • Magma Hdi Car Insurance
  • National Car Insurance
  • New India Car Insurance
  • Oriental Car Insurance
  • Reliance Car Insurance
  • Royal Sundaram Car Insurance
  • SBI Car Insurance
  • Shriram Car Insurance
  • Tata Aig Car Insurance
  • United India Car Insurance
  • Universal Sompo Car Insurance

Two Wheeler Insurance:-

The two-wheeler insurance policy provides protection to the motorcycle from the damages that may happen to a motorcycle like an accident, theft or natural calamities. In India, there are more users of two-wheeler in comparison to the four-wheeler so almost every insurance company offers two-wheeler insurance with the additional option of specific add-on covers.

Best Two Wheeler Insurance companies:-

  • Bajaj Allianz Two Wheeler Insurance
  • Bharti AXA Two Wheeler Insurance
  • HDFC ERGO Two Wheeler Insurance
  • ICICI Lombard Two Wheeler Insurance
  • IFFCO Tokio Two Wheeler Insurance
  • New India Assurance Two Wheeler Insurance
  • Oriental Two Wheeler Insurance
  • Reliance Two Wheeler Insurance
  • SBI Two Wheeler Insurance
  • TATA AIG Two Wheeler Insurance

Travel Insurance:-

The travelling insurance provides you protection against incidents like loss of bag, passport or trip cancellation to major medical issues.

Best Travel Insurance company:-

  • ICICI Lombard Travel Insurance
  • SBI Travel Insurance
  • TATA AIG Travel Insurance
  • Bajaj Allianz Travel Insurance
  • HDFC ERGO Travel Insurance
  • Reliance Travel Insurance
  • Royal Sundaram Travel Insurance
  • BHARTI AXA Travel Insurance
  • Future Generali Travel Insurance
  • IFFCO Tokio Travel Insurance
  • Religare Travel Insurance
  • Cholamandalam Travel Insurance
  • STAR HEALTH & ALLIED Insurance
  • Apollo Munich Travel Insurance

Home Insurance:-

Home insurance provides you protection to the damages like earthquake or fire and other natural calamities occurs to your home. Almost all Indian insurers’ offer this product, and this can be also easily purchased online.

Best Home Insurance companies:-

  • Bajaj Allianz Home Insurance
  • BHARTI AXA Home Insurance
  • HDFC ERGO Home Insurance
  • ICICI Lombard Home Insurance
  • SBI Home Insurance
  • TATA AIG Home Insurance
  • Chola Ms Home Insurance
  • Future Generali Home Insurance
  • IFFCO Tokio Home Insurance
  • Oriental Home Insurance
  • Reliance Home Insurance
  • Royal Sundaram Home Insurance

How insurance work:-

The insurance always has some terms and conditions under which the insurance company will pay the insurance amount to either the insured person or the nominees. Insurance policy is the way of protecting yourself and your family from financial loss in any incident so you should prefer it. Generally, the insurance company takes the premium for a big insurance cover is much less than the money paid by the insurance company. The insurance company takes this risk of providing a high insurance cover for a small premium because very few insured people actually claim the insurance.

How to apply for insurance:-

  • Go to the http://www.bankagent.in/insurances/
  • Choose which type of insurance you want to purchase
  • Fill the form and all information
  • After filling all the information our agent will contact you.

Advantages of insurance:-

  • Insurance provides a cover against any sudden loss, so Security is the main advantages of the insurance
  • The insurance develops a habit of saving money by paying the premium, so it encourages the Savings habits
  • International trade involves many risks in transporting goods from one country to another country, so if the trader has not purchased an insurance policy then they will be always worried about the safe arrival of goods. Insurance provides protection against all types of sea-risks which encourages international trade.

Disadvantages of insurance:-

  • Insurance leads to negligence as the insured feels that they can claim for insurance funds for any type of loss or damage.
  • As the expectation of the insured insurance companies doesn’t make the compensation quickly on the maturity of the policy.
  • Insurance policy may lead to the crimes in the society as the beneficiaries of the policy may be attempt to commit crimes to receive the insured amount.

Why do you need Insurance?

Insurances policy work as a safety guard and nowadays safety becomes the most important thing, so you should prefer it. Most of the company offers the facility of life insurance and other valuable policies to protect not only life but other valuable assets like car, two-wheeler. These days insurance policies not only avail protection for policyholder but also open plenty of safe option of investment that allows users to save their income tax as per provision of Indian income tax act, section 80D.