Accounting for Corporate Life Insurance
Reading Time: 8 minutesOverview When a life insurance policy is purchased by a private corporation all the beneficial interests of the policy hold by the corporation on behalf of its…
Understanding Multinational Pooling and Its Types
Reading Time: 8 minutesThis is a multinational company in a globalized world where business and trade have gained ground, extending across many borders, facing distinct markets, regulatory mechanisms, and workplace…
Understanding Catastrophe Reinsurance: How It Works and Important Considerations
Reading Time: 8 minutesThe insurance industry is always the basis of economic stability. It provides economic protection against a particular risk to several individuals and organizations. Here, the major catastrophic…
What are the benefits of Group Term Life Insurance plans to employers and employees?
Reading Time: 3 minutesTerm life insurance plans offered under GTLI are one of the most highly sought employee benefits from organizations. This is due to the dual benefit that it…
The Rising Importance of Cyber Liability Insurance for High-Risk Industries
Reading Time: 3 minutesIncreasingly digitalized and in a continued pursuit of cost-cutting measures, cyber threats have brought unparalleled risks to most industries on the board. Be it ransomware attacks or…
Event Insurance: How to Safeguard Your Special Occasions
Reading Time: 3 minutesPlanning a special event, whether a wedding, a corporate gathering, or a large public festival, is a time-consuming affair that takes months of planning. No matter how…
Directors and Officers (D&O) Insurance: Why Every Business Needs It
Reading Time: 3 minutes What are Directors and Officers (D&O) Insurance? D&O insurance is a type of insurance that covers directors and officers and is essentially meant to compensate for…
Travel Insurance: Do We Really Need It for Domestic Trips?
Reading Time: 4 minutes Introduction: Usually, when we consider travel insurance, one of the first things that comes to our mind is international holidays and destinations, and other uncertain situations…
Gig Economy In Reshaping Insurance Needs
Reading Time: 3 minutes How the Gig Economy is Reshaping Insurance Needs WHAT IS A GIG ECONOMY? A gig economy is an economy where short-term and freelance jobs take more…
How Changing Employment Trends are Driving the Shift to Individual Health Plans
Reading Time: 3 minutesThe employment trends in the last two decades have changed drastically with the increasing freelancing and home working cultures and specific benefits tend to be more directly…
Understanding Captive Insurance Companies and Their Benefits for Large Enterprises
Reading Time: 4 minutes Introduction Captive insurance companies are such specialized insurance entities created and wholly owned by a parent company or group of companies to provide coverage for their…
Behavioral Economics in Health Insurance: How Insurers Use Psychology to Influence Policy Choices
Reading Time: 4 minutes Introduction Behavioral economics is also a significant part of health insurance policy and individual choice. Equipped with these insights about what takes place in the human…
Key Trends in Property Insurance
Reading Time: 2 minutesIntroduction Property Insurance type is a type of insurance package meant to safeguard businesses against losses in terms of financial operations due to damage or loss of…
PROFESSIONAL INDEMNITY INSURANCE: IS IT WORTH THE INVESTMENT?
Reading Time: 4 minutesProfessional indemnity insurance also referred to as professional liability insurance, protects financial claims made against both professionals and business owners with regard to error or omission in…
Pet Insurance: Is It Worth the Cost for Your Furry Friend?
Reading Time: 3 minutesSome people do consider pets to be part of the family, so have the health worries about them. Since veterinary bills are rising at an alarming pace,…
Basics of Health Insurance
Reading Time: 5 minutes Introduction Health insurance gives you financially important protection should you experience an accident or illness. For example, health insurance may cover doctors’ services, medications, hospital care,…
Unit Linked Insurance Plan (ULIP): Connecting Insurance with Investment
Reading Time: 3 minutes Understanding the difference between Insurance and Investment Where insurance is essentially used for risk protection and rather means the pay-out in case of certain unforeseeable risks,…
The Evolution of Intellectual Property Insurance
Reading Time: 4 minutesThe evolution of intellectual property (IP) insurance is becoming increasingly significant as businesses face growing risks in protecting their digital assets and innovations. In today’s knowledge-based economy,…
How to use life Insurance as an Estate Planning Tool
Reading Time: 4 minutes Introduction Life insurance is an essential part of estate planning, as it ensures that there is some financial security to pass on to the beneficiaries. Combined…
The Impact of Changing Demographics on Health Insurance Policies
Reading Time: 4 minutesChanging demographics significantly impact health insurance policies, as shifts in population age, diversity, lifestyle, and health needs influence both the demand for healthcare services and how insurers…
Art & Jewelry Insurance
Reading Time: 2 minutesOwning art and jewelry is a bit more than just possessing beautiful, highly valuable objects; it’s also a way to safeguard investments for the future. Art &…
Understanding Marine Insurance
Reading Time: 4 minutesWhat is Marine Insurance? Marine insurance is the type of insurance coverage that protects goods and cargo in the process of shipping from point of origin to…
The Rise of Telehealth and Its Impact on Health Insurance Policies
Reading Time: 4 minutes The advent of telehealth has significantly affected health insurance policies under which care can be delivered and paid for in ways previously unimaginable. Telehealth refers to…
Understanding Unit Linked Insurance Plans Fund and types of ULIPs in India?
Reading Time: 3 minutes Introduction Unit Linked Insurance Plans (ULIP) is a hybrid approach to both protection and wealth generation. ULIPs have become the favorite of most investors. Unit Linked…
What is Insurance Regulatory and Development Authority of India (IRDAI)
Reading Time: 2 minutesThe Insurance Regulatory and Development Authority of India is a statutory body under the Insurance Regulatory and Development Authority Act of 1999. It is the apex authority…
What is Cyber Insurance and how does it work?
Reading Time: 4 minutes Introduction Given the increased reliance of businesses on technology in modern times, firms are highly vulnerable to cyberattacks, data breaches, and all other sorts of malicious…
PET INSURANCE: IS IT WORTH THE COST FOR YOUR FURRY FRIEND?
Reading Time: 3 minutesPet insurance is the insurance that covers veterinary and health-related costs attributed to pets. It provides the pet owner with protection against increased costs of veterinary care…
THE ROLE OF PARAMETRIC INSURANCE IN MANAGING HEALTH AND LIFE RISKS
Reading Time: 3 minutesParametric insurance provides a very simple and quick path for insurance pay-out when certain events occur. speciality of this kind of insurance is that, instead of waiting…
Business Insurance Policies for Startups: How to Choose the Right one?
Reading Time: 4 minutes Introduction Choosing the right business insurance is crucial to protecting your startup from potential risks and financial losses. With so many options available , understanding your…
The Effect of Inflation on Long-Term Life Insurance Policies
Reading Time: 4 minutesIntroduction One of the main factors affecting the purchasing power of money over time is inflation. Outcome on various financial products, such as long-term life insurance policies,…
Luxury Vehicle Insurance: What Makes It Different
Reading Time: 3 minutesWith luxury car insurance, of course, things are a lot fUrther than basic auto insurance. Luxury vehicle insurance focuses uniquely on the specific needs and risks that…
The Role of Reinsurance in Corporate Risk Management: Mitigating Catastrophic Losses
Reading Time: 2 minutes Catastrophic losses, which mainly arise from disasters or natural disasters, a market crash, or a huge liability claim, can be highly destructive to a corporation. In…
The Role of Insurance in Business Continuity and Risk Management
Reading Time: 3 minutesInsurance plays a significant role in the provision for business continuity and risk management through providing financial safety nets and support during the event of unknown actions.…
Merger & Acquisition Insurance
Reading Time: 3 minutesINTRODUCTION M&A insurance is special products of insurance products designed for the protection of the risk in mergers, acquisition, and corporate transactions faced by both a buyer…