http://www.bimaworld.com/forums/ Indian Insurance Community Forums en Fri, 10 Feb 2012 09:17:41 +0000 http://www.bimaworld.com/forums/topic/umbrella-policy#post-211 Mon, 29 Jun 2009 21:14:20 +0000 rishipatelsh 211@http://www.bimaworld.com/forums/ <p>A special liability insurance policy that provides further payment for liability claims after the liability coverage from other policies is used. </p> http://www.bimaworld.com/forums/topic/hospitalization-policy#post-204 Mon, 29 Jun 2009 14:11:06 +0000 rishipatelsh 204@http://www.bimaworld.com/forums/ <p>A policy that covers the hospital expenses occurred due to hospital stay. </p> http://www.bimaworld.com/forums/topic/what-are-the-contents-of-claim-processingdeathmaturity#post-1879 Wed, 22 Sep 2010 12:25:48 +0000 shanthuhiremath 1879@http://www.bimaworld.com/forums/ <p>Dear sir,<br /> I wanted to know the content of Death-claim and maturity claim to fill the forms:<br /> please explain us to go forward and fill the forms </p> http://www.bimaworld.com/forums/topic/uninsured-risk#post-218 Fri, 03 Jul 2009 22:34:52 +0000 manavjindal 218@http://www.bimaworld.com/forums/ <p>UNINSURED means a person who is not accepted by the insurance company to take insurance due to high risk. </p> http://www.bimaworld.com/forums/topic/grace-period#post-220 Fri, 03 Jul 2009 23:07:43 +0000 rishipatelsh 220@http://www.bimaworld.com/forums/ <p>It is a time period which comes after the due date of premium. Within this period the policy remains in force even though premium is not paid. </p> http://www.bimaworld.com/forums/topic/exclusion#post-219 Fri, 03 Jul 2009 22:48:33 +0000 rishipatelsh 219@http://www.bimaworld.com/forums/ <p>Specific hazards listed in a policy for which benefits will not be paid. </p> http://www.bimaworld.com/forums/topic/underwriter#post-209 Mon, 29 Jun 2009 16:43:31 +0000 rishipatelsh 209@http://www.bimaworld.com/forums/ <p>The individual trained in evaluating risks and determining rates and coverages for them. </p> http://www.bimaworld.com/forums/topic/underwriting#post-210 Mon, 29 Jun 2009 17:04:09 +0000 rishipatelsh 210@http://www.bimaworld.com/forums/ <p>Its an process of selecting risk and classifying them according to their degrees of insurability so that the appropriate premium rates may be charged. </p> http://www.bimaworld.com/forums/topic/total-disability#post-208 Mon, 29 Jun 2009 16:25:25 +0000 rishipatelsh 208@http://www.bimaworld.com/forums/ <p>The insured is unable to perform the duties because of any injury or accident. </p> http://www.bimaworld.com/forums/topic/beneficiary#post-207 Mon, 29 Jun 2009 16:17:32 +0000 rishipatelsh 207@http://www.bimaworld.com/forums/ <p>Beneficiary is a person who receives all the benefits at the death of the insured. </p> http://www.bimaworld.com/forums/topic/rider#post-206 Mon, 29 Jun 2009 16:10:19 +0000 rishipatelsh 206@http://www.bimaworld.com/forums/ <p>It is an optional feature that can be added to an insurance policy. </p> http://www.bimaworld.com/forums/topic/lapsed-policy#post-205 Mon, 29 Jun 2009 14:23:48 +0000 rishipatelsh 205@http://www.bimaworld.com/forums/ <p>A policy is said to be lapsed for non-payment of premium. </p> http://www.bimaworld.com/forums/topic/group-insurance#post-203 Mon, 29 Jun 2009 14:08:34 +0000 rishipatelsh 203@http://www.bimaworld.com/forums/ <p>Insurance issued to an employer for the benefit of employees or to members of an association by an insurance company. </p> http://www.bimaworld.com/forums/topic/agent#post-202 Mon, 29 Jun 2009 14:05:01 +0000 rishipatelsh 202@http://www.bimaworld.com/forums/ <p>Agents are the representative of one or more companies. They basically sell there company insurance product. </p> http://www.bimaworld.com/forums/topic/chronic-illness#post-201 Mon, 29 Jun 2009 13:52:52 +0000 rishipatelsh 201@http://www.bimaworld.com/forums/ <p>An illness that frequently reoccur such as arthritis, diabetes, heart disease, asthma, and hypertension. </p> http://www.bimaworld.com/forums/topic/annuity#post-200 Mon, 29 Jun 2009 13:37:50 +0000 rishipatelsh 200@http://www.bimaworld.com/forums/ <p>An agreement by an insurer to make periodic payments either (monthly, quarterly or yearly) that continue for a specified period. </p> http://www.bimaworld.com/forums/topic/insured-and-insurer#post-199 Mon, 29 Jun 2009 12:17:43 +0000 rishipatelsh 199@http://www.bimaworld.com/forums/ <p>The person in whose name the insurance policy is made is referred as the policy holder or the insured.<br /> The insurance company that offers the policy is known as insurer </p> http://www.bimaworld.com/forums/topic/premium#post-198 Sun, 28 Jun 2009 18:43:29 +0000 rishipatelsh 198@http://www.bimaworld.com/forums/ <p>This is the amount you pay to the insurance company to buy a policy.</p> <p>A single premium policy will need you to pay just one lump-sum amount.</p> <p>The annual premium policy will require you to pay every year. This will go on for a fixed period of time. </p> http://www.bimaworld.com/forums/topic/sum-assured#post-197 Sun, 28 Jun 2009 17:52:23 +0000 devanand 197@http://www.bimaworld.com/forums/ <p>The amount of money insurance company pays on maturity or on death </p>