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Contributor
Parth Jaiswal
Posts: 37
Registered: ‎09-06-2017

What is a Benefit Policy?

What is a Benefit Policy?

1 REPLY 1
Occasional Contributor
Pooja Tank
Posts: 18
Registered: ‎12-09-2017

Re: What is a Benefit Policy?

A benefit Policy is a Critial illness policy.

 

Under the “benefit policy”, in case the insured person suffers from any one of critical illnesses as mentioned in the plan, then a lump sum amount for care and treatment by the insurance company i paid to insured.