In 2019-20, the number of rejected crop insurance claims was 9.28 lakh The number of farmers’ crop insurance claims that were rejected by insurance companies under the Centre’s flagship Pradhan Mantri Fasal Bima Yojana (PMFBY) multiplied 10 times in just two years, according to data provided by Agriculture Minister Narendra Singh Tomar in response to…

A policyholder is the one who has bought an insurance policy. The policy may be a term plan, health insurance, or car insurance. Who is the policyholder in auto insurance? While buying auto insurance, you need to differentiate between a policy holder and the listed drivers for your auto operations. Policyholders should understand their responsibilities…

Insurance is a method of protection or security from monetary loss. It is a kind of risk management, primarily used as a protection wall against any uncertain loss. If you are insured or policyholder than you can protect yourself from an undesired loss. Who are Insurer and Policyholder? Any company which provides insurance to us…