Concept of Insurance
- What is policy replacement?
- What is medical insurance?
- Why do I need medical insurance?
- Does medical insurance provide protection for a critical illness?
- In the absence of an insurance agent/broker, how can I ensure I choose the most appropriate medical insurance plan?
- How does an insurance company determine the premium of each insured person?
- Does a younger applicant enjoy cheaper premiums?
- Do children need insurance?
- Do I need to undergo a physical examination when I apply for insurance?
- What are the consequences for an insured person if the policyholder incorrectly states his medical condition or medical record?