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What is base policy insurance


Base policy is your Mediclaim policy. It can be your Mediclaim Policy, Individual Mediclaim policy or a Family Floater Mediclaim policy. It can also be your group Mediclaim policy offered by your employer. The sum insured under your base policy is base policy sum insured.

What is base policy?

Base Policy means the underlying life insurance policy which when linked to the Vitality Active Program is called the Vitality Integrated Policy. Sample 1. Base Policy means this policy providing total coverage and excluding extensions, if any.

What are the 3 types of insurance?

Then we examine in greater detail the three most important types of insurance: property, liability, and life.

What are the 4 basic types of insurance?

Four types of insurance that most financial experts recommend include life, health, auto, and long-term disability.

What is a basic life insurance?

Basic life insurance is life insurance coverage provided for free or at a low cost by your employer, equal to your annual base pay income. As a low coverage, often free life insurance option, basic employee life insurance is best for single people or those who can cover their funeral and other final expenses.




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