- Insurance is a means of protection from financial loss. It is a form of risk management primarily used to hedge against the risk of a contingent, uncertain loss.
- The loss may or may not be financial, but it must be reducible to financial terms, and usually involves something in which the insured has an insurable interest established by ownership, possession, or pre-existing relationship.
If a Child or a spouse, life partner, or parent(s) depend on you, or your income,you need Insurance.
- In personal finance, as risk management solution, TecWealth offers 3 insurances, insurance of life, insurance of assets and health insurance. Risk to Life, Health & Assets.
- Various type of insurances that can cover Life Insurance, Vehicle insurance, Term plan, Endowment plans, House holder policy, Accident Cover, Cancer care, Cardiac cover etc.. Some of the examples: