General & Life Insurance
Life Insurance Service
Life insurance is a lifetime beneficiary plan to provide financial compensation for the unfortunate demise of the insured person. The compensation is provided to the insured person's family members. To have this, the insured individual has to pay a premium on a certain time basis. Life insurance service can be classified into the following types:
- Endowment plans: An endowment plan is for those who want to have investment and insurance benefits. A part of the insurance is kept for insurance and after the death, the amount is given to the beneficiary.
- Term life insurance plan: This is the most common and preferred insurance policy. After the sudden death of the insurance holder, the amount is given to the beneficiary. There is also a maturity benefit in which the beneficiary receives an amount after a certain period of time as a mature amount.
- Unit Linked Insurance Plan: A kind of insurance plan where half of the paid amount is invested in market securities and the rest for insurance coverage. Based on the risk factors, the insurer diversifies the fund in debt, hybrid assets, as well as equity. The lock-in period is five years and partial withdrawals are allowed.
- Money-back plan: A plan where the insured person receives an accumulated amount as a bonus at the end of the plan, provided at intervals.
- Whole life insurance plan: As the name suggests, it is a lifelong insurance plan and once the person dies, their beneficiary receives the amount.
General Insurance Service
General insurance is a contract between a policyholder and a company to provide a monetary benefit or cover for any risk other than life risk. The responsibility of general insurance is to safeguard valuable properties against disasters, accidents, and theft. To acquire this service an individual needs to pay a timely premium, which will work for the value of the protection. RRSB Forex is one of the most trusted names when it comes to availing different kinds of general insurance policies. General insurance can be classified into the following types:
- Travel Insurance: A kind of plan that protects against loss you might face during travelling - for minor losses such as last-minute ticket cancellations, medical emergencies, and delayed luggage. RRSB Forex provides several added benefits and reward points for those availing of the travel insurance service.
- Vehicle Insurance: A policy that protects against physical damage to cars, trucks, and motorcycles by providing money. RRSB Forex provides this policy with clear terms and conditions.
- Health Insurance: A type of insurance meant to cover the medical expenses of a person, including the cost of medicines, doctor consultation fees, and hospitalization charges.
- Home Insurance: An insurance policy bought to acquire coverage for the home along with its belongings. Insurance policies are also provided for temporary living expenses.
General Insurance Service of RRSB Forex
RRSB Forex has emerged as one of the most trusted insurance service providers to avail varied kinds of insurance policies. Our offers and convenience have made us one of the preferred providers of insurance policies.
Why Should I Choose RRSB Forex for General or Life Insurance?
- Lucrative offers
- Convenient terms and conditions
- Customer care to support you round the clock
- More than 10 top insurers to choose from
- Reward offers