Category: Insurance

Difference Between Group Term and Voluntary Term Life Insurance

What Is the Difference Between Group Term and Voluntary Term Life Insurance?

Understanding the various kinds of life insurance can be very difficult and confusing. Especially, if you are thinking about buying life insurance, you might be confused about which insurance to buy and how will it best benefit the people around you.  So, here we present a guide to you on life insurance. Voluntary Life Insurance […]

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Benefits Of Corporate Health Insurance

What Are The Benefits Of Corporate Health Insurance?

What Are The Benefits Of Corporate Health Insurance? A corporate health insurance plan is a type of insurance that protects groups in businesses from a range of risks, including those related to the health of employees, accidents, financial losses, and more. Corporate health insurance and group health insurance are interchangeable terms. Corporate medical insurance is […]

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Is Group Term Life Insurance Taxable

Is Group Term Life Insurance Taxable?

What Is Group Term Life Insurance? A form of insurance cover known as group term life insurance offers life insurance to several people under a single policy. It provides the beneficiaries with financial security in the sad event that something unfavorable occurs to the insured individual throughout the coverage term. How Is It Different From […]

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Benefits of Group Term Life Insurance

Benefits of Group Term Life Insurance Policy 

When you want to cover a large group of people, such as an entire family, with one policy, group term life insurance can be an excellent choice. But you must first be certain that you are purchasing the correct type of term life insurance. LNG can assist you with both understanding insurances and selecting the […]

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Group Term Life Insurance

Group Term Life Insurance: Things You Need to Know

A group term life insurance can be a good option when you are looking to cover many people like a family in one insurance.  But before you decide on which term life insurance to buy, you must ensure that you know exactly what you need. LNG can help you understand insurances and also buy the […]

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Different Types Of Reinsurance

How Many Types of Reinsurance Are There?

In a previous blog, we have already looked at the meaning and the function of reinsurance. Further to that, we will now look at the different types of reinsurances to better understand which form of reinsurance suits you better.  Related Blog: What is Reinsurance: Types, Functions, How it Works, Advantages & More Different Types of Reinsurance […]

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What is Reinsurance

What is Reinsurance: Types, Functions, How it Works, Advantages & More

You must have heard of insurance. But much like assurance and reassurance, there is something known as reinsurance.  What Is Reinsurance? A reinsurance, in its most basic sense, is insurance for insurers. It is the process through which insurers minimise the possibility of paying high amounts of money, in case of an insurance claim, by […]

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Crop Insurance

Crop Insurance: All You Need To Know – A Complete Guide

Crop Insurance – Overview Usually crop production is affected adversely due to unfavourable weather conditions and attack of pests and diseases. In order to protect the farmers against these uncertainties during farming, a mechanism called crop insurance is put in place. It safeguards the agriculture producers from damages due to unforeseen and natural factors which […]

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Insurance Brokers: All You Need to Know

A Complete Guide to Insurance Brokers: All You Need to Know

Eliminating intermediaries’ is the new buzz in market, but can you really do this especially while insuring yourself against individual or business risks? Some websites or apps can compare different policies and present you with options, but sometimes wisdom dawns late, especially when you need to make a claim. In this blog we will learn […]

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Advantages of Reinsurance

Top 12 Advantages of Reinsurance

Reinsurance is done when a certain insurance company wants to reduce its risk by sharing it with other insurance companies. Therefore, reinsurance is also termed as “insurance of insurance companies”. Companies achieve reinsurance by purchasing insurance policies from another company. […]

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