Companies in India

Industries in India

Insurance is the payment of a small predictable amount of money ("premium") to protect against a larger unpredictable expense ("loss/claim").This transfers the risk from you to the insurance company for a fee.
Insurance is a risk management technique primarily used to hedge against the risk of a contingent, uncertain loss that may be suffered by those individuals or entities who have an insurable interest in scarce resources, by transferring the possibility of this loss from one interested person, persons, or entity to another.

Insurance involves pooling funds from many insured entities (known as exposures) to pay for the losses that some may incur. The insured entities are therefore protected from risk for a fee, with the fee being dependent upon the frequency and severity of the event occurring.

Here’s the Various Insurance Industries in India…!!