National Insurance Awareness Day: Essential things to check before buying a policy
Due to the pandemic people have become more aware about the insurance policies. Also, insurance in the wake of COVID-19 times has become a vital part of everyoneâs life and people have started buying health, term insurance more. Uncertain future and contingency needs are what make people more alert for insurance plans. This is the reason this year due to the pandemic, digital insurance sales went up by 100 percent as compared to last year. Â
âThink of insurance as a tool to manage your financial risks in the future. We are living in an age where providing for your loved ones, even if you are not around, has become possible and so easy by just buying an insurance policy. In fact, ask yourself whether your old parents, spouse, children or younger siblings depend on your income? If the answer is yes, then you certainly need insurance, as simple as that,â Adhil Shetty, CEO of BankBazaar.com, said.