Description:

This course provides a comprehensive guide to understanding and mastering term insurance. You will learn about the major differences between term insurance and other life insurance plans. Additionally, the course covers various types of policy customizations that individuals can opt for when purchasing a policy. You will also gain knowledge on how to analyze claim settlement and claim intimation ratios of different insurance companies to select the best insurance plan. Furthermore, the course covers different types of life insurance claims.

Key Highlights:

• Understand the meaning of term insurance
• Learn about types of riders
• Explore the process of customizing term insurance policies
• Compare term insurance with other insurance plans
• Gain insights on the claim process
• Discover reasons for claim rejection
• Analyze claim settlement ratios and claim intimation ratios

What you will learn:

• Learning Outcome 1
  Gain a clear understanding of what term insurance entails and its significance in financial planning.
• Learning Outcome 2
  Familiarize yourself with different types of riders and how they can enhance your insurance coverage.
• Learning Outcome 3
  Learn how to personalize and customize your term insurance policy as per your specific needs and requirements.
• Learning Outcome 4
  Compare term insurance with other types of insurance plans to make informed decisions about your coverage.
• Learning Outcome 5
  Master the claim process by understanding the necessary steps and documentation involved.
• Learning Outcome 6
  Identify common reasons for claim rejection and learn how to avoid them.
• Learning Outcome 7
  Analyze claim settlement ratios and claim intimation ratios of different insurance companies to select the best plan.