All the insurance companies, both life, and general insurance are established players or have tied up with a foreign partner who has a proven track record and considerable experience in the insurance sector. Also, our insurance regulator (IRDA) has stringent financial norms for companies entering the sector with a stipulated liquidity buffer to be maintained to cover all unforeseen eventualities. The investments made by you are absolutely safe. This should not be a factor to decide against making insurance decisions which are the most crucial components of any person and his family’s life.
Is my money safe with an insurance company?
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Last Updated - May 12, 2023
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