{"id":614,"date":"2019-09-09T13:50:25","date_gmt":"2019-09-09T13:50:25","guid":{"rendered":"https:\/\/www.finsafe.in\/financial-wellness\/?page_id=614"},"modified":"2021-11-07T16:07:03","modified_gmt":"2021-11-07T10:37:03","slug":"life-insurance-about","status":"publish","type":"page","link":"https:\/\/www.finsafe.in\/financial-wellness\/life-insurance-2\/life-insurance-about\/","title":{"rendered":"Life Insurance"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"614\" class=\"elementor elementor-614\">\n\t\t\t\t\t\t<div class=\"elementor-inner\">\n\t\t\t\t<div class=\"elementor-section-wrap\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-cc28855 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"cc28855\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-66 elementor-top-column elementor-element elementor-element-0af2893\" data-id=\"0af2893\" data-element_type=\"column\" id=\"headings-faq\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a94f03d elementor-widget elementor-widget-heading\" data-id=\"a94f03d\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">About<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-664b0b8 elementor-widget elementor-widget-text-editor\" data-id=\"664b0b8\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>Insurance is a contract between the insurer and the insured wherein against receipt of certain amount, called premium, the insurer agrees to make good any financial loss that may be suffered by the insured, in the case of happening of an event, that is loss of life.<\/p><p>\u00a0<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4c79b84 elementor-widget elementor-widget-text-editor\" data-id=\"4c79b84\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p><strong>What are the different types of Life Insurance Policies in India?<\/strong><\/p><p>Following is the list of broad categories of life insurance products:<\/p><p><b>\u00a0Term Insurance Policies<\/b><\/p><ul><li>Provides death benefit to the beneficiary in case of death of the policy holder.<\/li><li>No interest or premium is returned in case the policy holder survives.<\/li><\/ul><p><b>Types of Term Plans:<\/b><\/p><p>Standard Term Life Insurance Plans<\/p><p>-Covers the risk of the insured life.<\/p><p>-No benefit upon maturity of the cover Term.<\/p><p>Return of Premium Plans<\/p><p>&#8211; \u00a0 Returns the premiums paid in case the insured survives.<\/p><p>&#8211; \u00a0 The premium is higher than the term plan.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-00af6aa elementor-widget elementor-widget-text-editor\" data-id=\"00af6aa\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p><b>Term Insurance Plan<\/b><\/p><ul><li>Term insurance plan is for a specific number of years.<\/li><li>Only on the death the beneficiary insured amount.<\/li><li>Premium payment mode can be single premium or regular.<\/li><li>Minimum policy term is 5 years and maximum can be 75 years or whole life depends on the insurer.<\/li><li>For single premium policy the term could be between 5 to 15 years.<\/li><li>Entry age for a term plan is 18 years and maximum age limit to buy a policy is 65 years.<\/li><\/ul>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5cb68a2 elementor-widget elementor-widget-text-editor\" data-id=\"5cb68a2\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p><b>Endowment Plan<\/b><\/p><p>Endowment Plan is a life insurance plan designed to pay\u00a0 a lump sum after a specific term (on its &#8216;maturity&#8217;) or on death.<\/p><ul><li>Covers the life assured for a specific period of time.<\/li><li>If life insured survives, till the end of the period, he will get sum assured + bonus.<\/li><li>If Life insured dies within the maturity, insurance company will pay the sum assured to the beneficiary.<\/li><li>Guaranteed endowment plans assure the sum assured on death or at maturity but the bonus is not assured.<\/li><li>Typical maturities are ten, fifteen or twenty years up to a certain age limit.<\/li><li>The guaranteed surrender value is as follows:<\/li><li>30% of the total premiums paid (less any survival benefits already paid) if surrendered during the second year of the policy.\u00a0<\/li><li>35% of the total premiums paid (less any survival benefits already paid) if surrendered during the third year of the policy.\u00a0<\/li><li>50% of the total premiums paid (less any survival benefits already paid) if surrendered between the fourth year and seventh year of the policy, both inclusive.<\/li><li>90% of the total premiums paid (less any survival benefits already paid) if surrendered during the last two years of the policy.\u00a0<\/li><li>A policy can be revived up to five years from the discontinuance of the policy.\u00a0<\/li><\/ul><p><b>Bonus:<\/b><\/p><ul><li>Revisionary bonus: extra amount paid on death or maturity.<\/li><li>Terminal bonus: discretionary amount over and above the revisionary bonus.<\/li><\/ul>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-08bda2a elementor-widget elementor-widget-text-editor\" data-id=\"08bda2a\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p><b>Unit-linked Insurance Plan<\/b><\/p><p>Unit-linked Insurance Plan is a product offered by Insurance companies that, unlike a pure insurance policy. ULIP gives investors the \u00a0 benefits of\u00a0 both insurance and investment \u00a0 under a single integrated plan.<\/p><ul><li>There are different types of ULIPs plans based on the investment\u00a0 objectives of the investor, \u00a0 investment time frame and risk taking ability.<\/li><li>ULIPs have different kinds of charges such as \u2013 Administration charges, fund management \u00a0 charges, switch charges, mortality charges, \u00a0 premium allocation charges, or withdrawal \u00a0 charges.<\/li><li>A policy can be revived up to three years from the discontinuance of the policy.<\/li><li>\u00a0Withdrawal from ULIP is allowed only after completing the mandatory lock-in period of five years and is permitted for specified purposes such as higher education and marriage of children or treatment of self or spouse or for the purpose of buying or constructing a residential house. Besides, a policy holder can withdraw the amount three times during the entire term of the policy.\u00a0<\/li><\/ul>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b02847c elementor-widget elementor-widget-text-editor\" data-id=\"b02847c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p><b>Whole Life Insurance<\/b><\/p><ul><li>Provides coverage throughout insured\u2019s lifetime provided policy is in force.<\/li><li>Dual benefit of life coverage and bonus.<\/li><li>Out of premium paid, a portion is used for providing protection and the remaining is invested and used to build a corpus.<\/li><li>Survival benefits in the form of periodic payment.<\/li><li>Premium is paid for a limited duration but cover is for entire life. Hence premiums are generally high.<\/li><li>Contains a cash value component that increases over time.<\/li><li>Cash value can be withdrawn or a loan can be taken against it.<\/li><li>Tax benefits under Sec 80C of Income Tax Act.<\/li><\/ul>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-07e4597 elementor-widget elementor-widget-text-editor\" data-id=\"07e4597\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p><b>Money Back Policies<\/b><\/p><p>An insurance policy which gives money back at regular intervals.<\/p><ul><li>If the insured dies during the plan tenure, the full Sum Assured is paid irrespective of the money back received.<\/li><\/ul>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-38ee7f1 elementor-widget elementor-widget-text-editor\" data-id=\"38ee7f1\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p><b>Children\u2019s Plans<\/b><\/p><p><b>Two\u00a0 types:<\/b><\/p><p>Child ULIPs \u2013 Its an Insurance cum Investment Plan<\/p><p>Child Endowment Plans \u2013 Works like endowment plans<\/p><p><b>Features and things to keep in mind:<\/b><\/p><ul><li>Policy term anywhere between 5 \u2013 25 years.<\/li><li>Partial withdrawal benefit available.<\/li><li>Only parents and grandparents can buy child plans.<\/li><li>Maturity benefits under Sec 10 (10D) are tax free.<\/li><li>Premium qualifies for tax deductions under Sec 80C.<\/li><li>Child gets all the benefits, including bonus and death benefits upon maturity of the policy or in case of eventuality.<\/li><li>In case of eventuality of parent, the premium is paid by the insurer till the maturity of the policy and there is no lapse in policy.<\/li><\/ul>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-503516d elementor-widget elementor-widget-text-editor\" data-id=\"503516d\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p><b>Pension Plans<\/b><\/p><p>Pension plans or retirement plans allow you to allocate a part of your saving which accumulates over a period of time and provides steady income after retirement.<\/p><p><b>How a pension plan works?<\/b><\/p><p>Starts with accumulation phase \u2013 period from the time you buy the plan to the time you retire.<\/p><p>&#8211; The premiums paid are invested. Premiums paid are eligible for tax benefits under Section 80C\/80CCC.<\/p><p>\u00a0&#8211; On retirement, you can withdraw 60% of the accumulated corpus. Entire withdrawal amount is tax free.\u00a0<\/p><p>&#8211; Balance amount is utilized to buy an annuity plan. Annuity plan will be source of regular pension till death.<\/p><p>\u00a0&#8211; Pension that you will receive will depend on the interest rates prevailing at that time and is fully taxable.<\/p><p>\u00a0&#8211; Partial withdrawal of 25% of the fund value can be made after a lock-in period of 5 years .\u00a0<\/p><p><b>Pension Plans<\/b><\/p><p><b>Different Types Of Pension Policies<\/b><b>:<\/b><\/p><ul><li><b>Deferred Annuity: <\/b>Corpus is accumulated over a period and pension starts after the policy term is over.<\/li><li><b>Immediate annuity: <\/b>Lump sum amount is invested and pension starts immediately.<\/li><li><b>With cover and without cover annuity plans: \u201c<\/b>With cover\u201d plans have life cover component. This means that on death of policy holder, lump sum amount is paid out to the family members. \u201cWithout cover\u201d pension plan means that there is no life cover. In case of death of policy holder, nominee with get the corpus amount. Currently deferred plans are with cover and immediate plans are without cover<\/li><li><b>Annuity certain: <\/b>Annuity is paid for a specific number of years and the nominee can claim pension after the demise of the policyholder<\/li><li><b>Guaranteed Period Annuity: <\/b>Annuity is paid out for certain periods like 5 years, 10 years, 15 years etc. even if the policy holder does not survive that duration<\/li><li><b>Life Annuity: <\/b>Annuity will be paid out to the annuitant until death. In case of death, the pension will be given to spouse under the \u201cwith spouse option\u201d<\/li><\/ul><p><b>Participating and Non participating pension plans<\/b><\/p><p>Participating plans also called traditional type of insurance plans since bonus in these is similar to the reversionary bonus of standard insurance policies. Bonus is generally in the nature of simple interest.<\/p><p>\u00a0 Non participating plans declare bonus at the time of investor signing up. Insurance company has no discretion in non participating plans and have to deliver on the amounts promised under the pension plans.\u00a0<\/p><p>Over and above the <b>life insurance cover<\/b>, various riders are available:<\/p><p><b>Personal Accident Insurance<\/b><\/p><p>Covers death or disability due to accidents. Also protects against terrorism related accident losses.<\/p><p><b>\u00a0Critical Illness Rider<\/b><\/p><p>Will get a lump sum on diagnosis of serious ailments listed in the policy document. Covers heart attack, cancer, paralysis, organ transplant and kidney failure, etc.<\/p><p><b>\u00a0Waiver of Premium <\/b><\/p><p>Future premium payments are waived off in case of accident, disability or death. This basically protects against incapability of paying premiums due to loss of income.<\/p><p><strong>Free Look Period<\/strong><\/p><ul><li>From the day the policy holder receives the policy document, there is a free look period of 15 days as per law.<\/li><li>The policy holder can cancel his policy and get a refund within this period.<\/li><li>The intention to cancel the policy document should be given in writing. Some companies prescribe a standard form for cancelling the policy in free look period.<\/li><li>Policy details, date of receipt of policy document, reason for cancellation and agent details should be mentioned in the application for cancellation.<\/li><li>On receiving cancellation request, insurance company will contact the policy holder to know the reason for cancellation and try to provide solutions.<\/li><li>If policyholder still wants to cancel the policy, the insurance company will process the request and arrange for refund.<\/li><li>Refund is calculated after deducting:<\/li><\/ul><p>a)Pro-rata risk premium for the period on cover<\/p><p>b)Medical examination charges incurred by insurance company<\/p><p>c)Stamp-duty charges<\/p><ul><li>In case of refund of ULIP\u2019 policy, the refund amount will be as per prevailing NAV of the ULIP on the date of policy cancellation. This is in addition to other deductions applicable on other life insurance policies (i.e. medical examination charges, stamp duty and pro-rata risk premium for the period on cover.<\/li><\/ul>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ba99c4a elementor-widget elementor-widget-text-editor\" data-id=\"ba99c4a\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p><b><i>Death Claims<\/i><\/b><\/p><p><b>To ensure hassle-free claims:<\/b><\/p><ul><li>Inform the nominee that you have taken the policy<\/li><li>Explain the benefits of the policy<\/li><\/ul><p><b>Provide the details:<\/b><\/p><ul><li>Company number and contact person<\/li><li>Copy of the policy<\/li><li>Inform them where the original policy is kept.<\/li><\/ul><p><b>Documents required<\/b><\/p><ul><li>Intimation of death is to be given by a proper person in writing<\/li><li>Original policy bond Death certificate<\/li><li>Proof of relationship with the deceased person<\/li><\/ul><p><b>In case of accidental death<\/b><\/p><ul><li>Postmortem report FIR copy<\/li><li>Final police report<\/li><\/ul>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-6fcab6f\" data-id=\"6fcab6f\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3216a73 elementor-widget elementor-widget-heading\" data-id=\"3216a73\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Index<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-016b15e elementor-widget elementor-widget-text-editor\" data-id=\"016b15e\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p><a href=\"\/financial-wellness\/life-insurance-2\/life-insurance-about\/\"><strong>About<\/strong><\/a><\/p><p><a href=\"\/financial-wellness\/life-insurance-2\/life-insurance-faqs\/\"><strong>FAQs<\/strong><\/a><\/p><p><a href=\"\/financial-wellness\/life-insurance-2\/life-insurance-videos\/\"><strong>Articles<\/strong><\/a><\/p><p><a href=\"\/financial-wellness\/life-insurance-2\/life-insurance-videos\/\"><strong>Videos<\/strong><\/a><\/p><p><a href=\"\/financial-wellness\/life-insurance-2\/life-insurance-calculators-finguide\/\"><strong>Calculators <\/strong><\/a><\/p><p><a href=\"\/financial-wellness\/life-insurance-2\/life-insurance-calculators-finguide\/\"><strong> Finguide<\/strong><\/a><\/p><p><a href=\"\/financial-wellness\/life-insurance-2\/life-insurance-videos\/\"><strong>Post<\/strong><\/a><\/p><p><a href=\"\/financial-wellness\/life-insurance-2\/life-insurance-glossary\/\"><strong> Glossary<\/strong><\/a><\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2b2659a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2b2659a\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-76499fe\" data-id=\"76499fe\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7ff6204 elementor-widget elementor-widget-text-editor\" data-id=\"7ff6204\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p style=\"color: #2db1a6; font-size: 17px; font-weight: 600;\">The articles are from various news publications &amp; some of the articles may need a subscription.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-c974412 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"c974412\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-da15dff\" data-id=\"da15dff\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-dbb1cf9 elementor-widget elementor-widget-text-editor\" data-id=\"dbb1cf9\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p style=\"font-size: 12px;\"><b>Disclaimer :<\/b> The purpose of the Training Materials and the resources is to encourage you to plan for \u00a0investments based on \u00a0goals and is solely meant for education purposes. There is no guarantee that \u00a0goals will be achieved. The workforce are advised to consult their investment \/ financial advisor, prior to taking any investment decisions. While, every care has been taken in preparing the Training Materials and the Documentation to ensure accuracy at the time of publication and creation, however, FINSAFE India Private Ltd assumes no responsibility for any errors, which despite all precautions may be found herein. Finsafe India Private Limited shall not be liable under, or in connection with:<\/p><ul style=\"padding-left: 131px; font-size: 12px;\"><li>loss of income;<\/li><li>loss of business profits or contracts;<\/li><li>business interruption;<\/li><li>loss of the use of money or anticipated savings<\/li><li>loss of information<\/li><li>loss of opportunity, goodwill or reputation;<\/li><li>loss of, damage to or corruption of data; or<br \/>any indirect or consequential loss or damage of any kind howsoever arising and whether caused<\/li><\/ul><p style=\"font-size: 12px;\">All intellectual property rights in the Training Materials and the resources (whether registered or not) anywhere in the world belong to Finsafe India Private Limited.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>About Insurance is a contract between the insurer and the insured wherein against receipt of certain amount, called premium, the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":498,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":""},"categories":[],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/www.finsafe.in\/financial-wellness\/wp-json\/wp\/v2\/pages\/614"}],"collection":[{"href":"https:\/\/www.finsafe.in\/financial-wellness\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.finsafe.in\/financial-wellness\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.finsafe.in\/financial-wellness\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.finsafe.in\/financial-wellness\/wp-json\/wp\/v2\/comments?post=614"}],"version-history":[{"count":30,"href":"https:\/\/www.finsafe.in\/financial-wellness\/wp-json\/wp\/v2\/pages\/614\/revisions"}],"predecessor-version":[{"id":5460,"href":"https:\/\/www.finsafe.in\/financial-wellness\/wp-json\/wp\/v2\/pages\/614\/revisions\/5460"}],"up":[{"embeddable":true,"href":"https:\/\/www.finsafe.in\/financial-wellness\/wp-json\/wp\/v2\/pages\/498"}],"wp:attachment":[{"href":"https:\/\/www.finsafe.in\/financial-wellness\/wp-json\/wp\/v2\/media?parent=614"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.finsafe.in\/financial-wellness\/wp-json\/wp\/v2\/categories?post=614"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.finsafe.in\/financial-wellness\/wp-json\/wp\/v2\/tags?post=614"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}