What is Disability Insurance and How does it work?

disability insurance

Disability insurance is the type of insurance protecting against loss of income due to disability. Disability insurance is available through both the private and public sectors. Often, insurance products will protect against a specific loss, such as when a property and casualty insurance plan compensate the policyholder for the stolen property‚Äôs value. In case of … Read more

What Is Workers Compensation Insurance?

Worker Compensation

Employers are legally obligated to take reasonable care to assure that their workplaces are safe. Nevertheless, accidents happen. When they do, workers compensation insurance provides coverage. Workers compensation insurance serves two purposes: It assures that injured workers get medical care and compensation for a portion of the income they lose while they are unable to return … Read more

Are insurances ready for the future of mobility?

insurance

Auto manufacturers are developing new and innovative solutions and we are now seeing mass adoption of a sharing economy, providing more options for consumers than ever before. Consumers are opting for convenient and cost-effective transportation options such as ride-sharing and autonomous functionality.  Car owners are subscribing to transportation networking companies to derive income from the … Read more

Health Insurance Portability guidelines

health insurance

Health insurance portability is a policy where one can port a current health insurance policy to a different insurance company. Porting can be done when one faces poor services, needs an extra cover, or any other reason. The concept of health insurance portability was introduced by Insurance Regulatory and Development Authority in 2011. Here, an … Read more