We have seen large corrections of more than 20% decline in the Nifty Index in the last 10yrs, a barometer of the equity markets in India, led by various shocks but we are reasonably higher from the panic levels seen at those times. The word resilience is derived from the Latin word ‘resiliens’, meaning ‘rebound’. We as individuals, families, societies, and corporations sometimes face untoward external occurrences in our lives that are not under our control. We cannot avoid some of these risks but as a society, we have to learn to manage the risks and to mitigate the impact of such externalities, be it earthquakes, cyclones, volcanoes, or pandemics. The global economy has faced recessions...
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Of the brands profiled in the second annual Digital IQ Index: Insurance, all offer some level of service across many aspects of the digital spectrum. However, despite these efforts and prospects’ willingness to provide data, insurance providers keep their digital distance. In the digital ecosystem, separating the winners from the losers is not based on which digital elements an insurer merely possesses, but often how they translate their efforts into holistic experiences across multiple customer journeys. With numerous voids to fill, new players have emerged. StateFarm secures the top spot in this years ranking thanks to fleshed out product pages and status as the only tracked brand to have...
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Health Insurance Market Report Provided Full Details of Executive summary, Scope of the report, Research Methodology, Introduction, 2020 Market landscape, Market segmentation by type, Segmentation by application, Latest Geographical segmentation, Decision framework Drivers and challenges Market trends, Vendor landscape, Key vendor analysis. This report studies Health Insurance in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2019, and forecast to 2026. The comprehensive value chain analysis of the Health Insurance market will assist in attaining better...
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AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a+” of Farm Bureau Life Insurance Company (FBL). Concurrently, AM Best has affirmed the Long-Term ICR of “bbb+” of FBL Financial Group Inc. [NYSE: FFG], the holding company of FBL. The outlook of these Credit Ratings (ratings) is stable. Both companies are domiciled in West Des Moines, IA. The ratings reflect FBL’s balance sheet strength, which AM Best categorizes as very strong, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management. Risk-adjusted capital is assessed at the strongest level and is supported...
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The Master of Laws is an academic award given to students who have studied a specific body of law. To apply to an LLM program, students must already have completed some type of law degree. The duration of the program may vary, but often it takes one year to complete. What is an LLM in Insurance Law? This field of study is designed to give participants exposure to the myriad aspects of insurance an… Read more The Master of Laws is an academic award given to students who have studied a specific body of law. To apply to an LLM program, students must already have completed some type of law degree. The duration of the program may vary, but often it takes one year to complete. What is an...
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Insurance is an important part of your financial plan; however, it’s often an area set aside for consideration down the road. No one likes to think something can happen to them. But COVID-19 has changed so many elements of our lives – and insurance protection isn't the exception. This pandemic that doesn't discriminate and has already cost the lives of so many. And some Canadians may be addressing the reality they may not be as protected financially as they think they are. In a recent survey conducted by PolicyMe, 24 per cent of Canadians who did not have an insurance policy prior to the pandemic said they have either purchased some or are considering it. Thirty-six of respondents said the...
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The nationwide lockdown has forced Airtel to launch new plans for its customers. Almost all operators have launched new and better plans that provide data, unlimited calling, and messages. In that way, today, we will list out all Airtel plans that you can choose as they are designed for all. Airtel is one of the best telecom players in the country. The telecom operator has introduced several measures along plans to help its users at this point. At present, it is offering four best plans that fulfill all needs, such as data, calling, and messages. The packs are priced at Rs. 98, Rs. 558, Rs. 279, and now its newly launched annual plan of Rs. 2,498. The Rs. 98, where you get 12GB data for 28...
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Ultimate peace of mind. ALPHERA Comprehensive Cover has been specifically designed to offer you complete protection and peace of mind. You are ensured of full comprehensive cover. ALPHERA Comprehensive Cover is committed to providing you with excellent countrywide service that includes: An exceptional and exclusive motor vehicle insurance package. Fair and accurate claims service. Carefully selected products to suit your needs. Click here to download policy wordings and brochures. Amendments and claims to Active Policies: Please read the policy wording for the full benefits, comprehensive terms and conditions of the cover options. The Insurer will be clearly stated on the policy schedule...
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Insurance is a means of protecting individuals against financial losses in various situations ( Forsikring ). For example, life insurance helps offset the loss of income in the event of the death of a parent who receives a salary. Health insurance helps pay for medical bills. The fire insurance covers all or part of the damage if the owner’s home is destroyed by fire. People can also take out insurance to cover unusual types of financial losses. Separate damage insurance. Individuals who wish to insure against certain types of damages undertake to pay the regular insurance companies, so-called insurance premiums. Instead, these individuals receive a contract, called a policy, from the...
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TYPES OF INSURANCE COVERS IN THE INSURANCE INDUSTRY. There are different types if insurance in the insurance industry. Different insurance covers cover different needs of the society. These are some of the different types of insurance: There are two types of life insurance which are whole life insurance and term life insurance. In whole life insurance, you pay the insurance company your whole life until you die and the benefits will be passed to you next of kin after you die. Under the term life insurance, you pay a set amount of money to the insurance company for a set amount of time. At the end of that set time you will receive your benefits if you will have not died. You next of kin will...
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