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Difference between Reliance Life Insurance and LIC Which company is best In life insurance?
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∙ 12y ago
LIC
Wiki User
∙ 12y ago
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What is the difference between life insurance and non life insurance?
Life insurance pays a death benefit when the insured party dies. So, it is insurance on someone's life. Non Life Insurance (such as home, auto, general liability) insurance covers something else other than a person's life.
What are the 15 differences between individual and business insurance?
The only difference that matters is that business insurance is built for and designed to protect a businesses assets from claims that might happen to a business, while personal insurance is designed to protect personal exposures. The differences between business and personal insurance are so wide and staggering that it doesn't make sense to shoot for 15, there are over 1,000 differences.
What is the difference between Virginia Life Insurance Company and Life of Virginia Insurance Company?
I have never heard of a company called Virginia Life Insurance, but I have done business in the past with Life of Virginia. However, they are no longer called Life of Virginia, because they were first purchased by First Colony Life Insurance company, and then they were bought by GE. They all now fall under the umbrella of Genworth Life Insurance.
What is an insurance solictor?
The act of an insurance solicitor is to settle disputes between two aggrieved parties i.e. insurer and insured amicably before going for legal battle or dragging the case bofore insurance ombudsman.
Who are the buyers of reinsurance?
*Direct insurance company *Captive insurance company *Reinsurer However, there are no clear separation between buyers and sellers in reinsurance. Insurance company maybe a buyer (outward reinsurance) and a seller (inward reinsurance)
What is the difference between motor insurance and marine insurance?
difference of motor and marine insurance
What is the difference between voluntary insurance?
What is the difference between voluntary life insurance and life, ad/d?
Difference between h03 and h05 home owners insurance?
Difference between h03 and h05 home owners insurance?
What is the difference between home owners insurance and hazard insurance?
Homeowners insurance is often referred to as Hazard Insurance. They are the same thing.
What is the difference between a warranty and insurance?
the difference between a warranty and insurance, is a warranty is when you can return it to either get another or to just return it. insurance is when you have coverage over the object or living being.
What is the difference in childrens' insurance and adult insurance?
The main difference between children's and adults health insurance is that children may be eligible for low- or no-cost insurance through Medicaid or the Children's Health Insurance Program.
What is the difference between Non Trucking Liability insurance and Bobtail Insurance?
your not covered for damages
Is privilege insurance the same as life insurance?
Privilege insurance is not the same as life insurance. To receive a better understanding of the difference between the two, it is best to contact an insurance agent.
What is the difference between accidental death life insurance and regular life insurance?
Usually the only difference between accidental death life insurance and regular life insurance is the name, although sometimes an accidental death life insurance will pay out more money if the death is accidental.
Can you buy second hand caravan insurance?
There is no difference between second hand caravan insurance and first hand caravan insurance. Thus you can get the insurance from any insurance company that supplies caravan insurance.
What is the difference between life insurance and whole life insurance?
The key difference between life insurance and whole life insurance is that regular life insurance carries a fixed term while whole life insurance covers one's entire lifetime. Whole life insurance also accumulates a cash value that one can borrow money against.
What is the difference between indirect and direct quote life insurance?
The difference between indirect and direct quote life insurance is that the insurance level will differ. Direct is when someone dies, indirect involves other factors.
