Digital transformation has transformed countless commercial industries. There is not a single industry on the face of the earth that has managed to escape the rapid digitalization around us. It includes the insurance sector as well, which has observed much quicker adoption of advanced technologies.
Term insurance plan has become one of the popular insurance plans, because of the comprehensive coverage and flexibility it provides. Amidst the various insurance plans with higher premiums and rigid policies, term insurance is more straightforward and affordable for most of the population
The majority of people believe that health insurance is required in old age or if someone is suffering from a critical illness. However, it is not valid. The environment in which we live today is not at all conducive to a healthy life.
We live in an age of extreme awareness about things happening around us and across the globe. Particularly in terms of health, even if most people understand how important it is to stay healthy and fit, they do not feel the need to buy health insurance
The offer of medical insurance is immense all over the world, where about twenty companies operate each offering up to five different modalities. That is, we can choose up to almost one hundred health insurance options and a hard job awaits us if we want to study them all from their official internet pages.
Professional Indemnity Insurance is a broad class of insurance policy that is meant to insure liability professionals face at work. This includes coverage for legal defense and amounts awarded in court to the plaintiff if the professional should be found liable for damages.