Other Risk Covers

Private Mortgage Insurance and How Does It Work

Private mortgage insurance is a type of insurance that protects lenders from losses if a borrower defaults on their home loan. In most cases, borrowers must purchase PMI when they make a down payment of less than 20% on their home. PMI can be an expensive add-on to your mortgage payments, so it’s important to...
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Types of risks covered under insurance

Insurance is a contract between you and an insurance company. You pay premiums, and the company agrees to pay your losses as defined in your policy. Insurance aims to protect you from financial loss due to unforeseen events. Most policies cover common risks like fire, theft, and wind damage. Some policies also cover more unusual...
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National Agricultural Insurance Scheme (NAIS)- An Overview

The National Agricultural Insurance Scheme (NAIS) is an Indian Government-sponsored crop insurance program launched in 1999-2000. The scheme provides financial support to farmers in the event of crop loss due to natural calamities, pests, and diseases. What is the National Agricultural Insurance Scheme? The National Agricultural Insurance Scheme (NAIS) is a government-sponsored insurance program that...
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