Insurance is a risk management tool.
When you get insurance, you are buying protection from unexpected financial losses. If something bad happens, the insurance company will repay you or someone you choose. An insurance policy is a deal between you (the policyholder) and the insurance company. You pay monthly fees (premiums) to the insurer, and they pay you back if something unfortunate occurs, like the insured person passing away prematurely, an accident, or damage to a home. Let's explore insurance further, including its various benefits, features, and types available in India.
How does one go about becoming an insurance agent?
The insurance industry is not affected by economic crises because it
stays stable regardless of the economy's condition. When you help customers choose
the right insurance plan or compare policies from different Indian insurance
companies, you become an insurance agent.