Aneeqa Reza
Stories (4/0)
What To Do When Your Insurance Company Won’t Pay
Insurance is a contractual arrangement between an individual or an entity (the policyholder) and an insurer (company). It involves the transfer of risk from the policyholder to the insurer in exchange for a premium. The insurer agrees to compensate the policyholder for specific financial losses or liabilities, as outlined in the insurance policy.
By Aneeqa Reza11 months ago in Humans
What are the benefits of takaful insurance?
Takaful insurance is a type of insurance that adheres to the principles of Islamic law, known as Shariah. It operates on the concept of mutual cooperation and shared responsibility among participants. The word "takaful" comes from the Arabic root word meaning "guaranteeing each other".
By Aneeqa Reza11 months ago in Humans
Healthcare for your Family: The Benefits of Family Healthcare Insurance
A health insurance policy is a contract between an individual or a group and health insurance companies in Sri Lanka that provides financial protection against medical expenses. The best health insurance in Sri Lanka is designed to help individuals and families manage the costs associated with healthcare services.
By Aneeqa Reza11 months ago in Humans
5 Benefits of Life Insurance for Retirees
Life insurance in Sri Lanka is a contract between an individual and the best life insurance company in Sri Lanka, that provides financial protection to the policyholder's beneficiaries in the event of the policyholder's death. It is designed to provide a lump sum payment, known as the death benefit, to the designated beneficiaries upon the insured person's death. These are very different from retirement plans in Sri Lanka, which generally offer a steady income for the policyholder following their retirement, although these also may include a death benefit to the family in case of such an unfortunate event.
By Aneeqa Reza11 months ago in Humans