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In a developing country like India there is a huge target population that has the potential to be covered under the insurance policy. So, a good number of insurance companies are available in India to cater to the needs of the masses. However, there is the lack of awareness among the majority of the [...]

A quick, simple definition of insurance could be as follows: Reimbursement in a situation of loss. Usually, someone decides that insurance is needed. In order for the concept of insurance to arise, a pre-payment of some type is required. In the case of typical, everyday general auto, health and life insurance, for example, the [...]