Insurance and finance are two closely related industries that are intertwined and overlap in many areas. Insurance is a form of risk management used to protect individuals and businesses from financial losses due to unforeseen events such as death, illness, accident, theft, fire, natural disasters, etc. Insurance policies are purchased from an insurer, which agrees to pay a pre-determined sum in case of any eventuality covered by the policy. Finance, on the other hand, involves the management of money, credit, investments, and other assets in order to achieve financial goals such as wealth accumulation, retirement planning, and wealth transfer. It also involves the creation of products and services to help individuals and businesses achieve their financial objectives. This includes banking, investing, and financial planning.
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CAN I CHANGE MY PLAN TO OTHER PLAN | LIC PLAN | POLICY | #licpolicy #insurance #licscheme #lic #fact
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