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THE HIDDEN MYSTERY BEHIND CROP INSURANCE IN PAKISTAN

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  Crop insurance is a crucial risk management tool that protects farmers against crop losses caused by natural disasters. In Pakistan, where agriculture is a significant contributor to the economy, crop insurance plays a vital role in mitigating financial losses incurred by farmers. However, the uptake of crop insurance in Pakistan is relatively low due to various reasons, including a lack of awareness and a cumbersome insurance application process. This article also explores the details of crop insurance in Pakistan and discovers the measures taken to promote its uptake. Many companies in Pakistan provide top-notch crop insurance services but United Insurance Company of Pakistan Limited will provide you with the best crop insurance services at the most affordable rates. Now let's have look in the depth of crop insurance:  Crop Insurance in Pakistan Crop insurance in Pakistan is a relatively new concept, with the first program launched in 1980. Despite the existence of mult...

Difference between Individual V/s Family Health Insurance?

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  Employers, associations, or the market for health insurance are all sources of health coverage. An individual may apply for either a family plan or an individual plan , depending on their situation. Regarding age, family members, and in some situations, financial burden, both have specific restrictions. Knowing the distinctions between the two is crucial while looking for coverage. When you select a health insurance policy , your health insurer will commit to pay for your medical costs in exchange for you paying a consideration called the " premium " which can also be paid in monthly installments. Health Insurance in Pakistan safeguards your finances by paying for treatment costs, hospitalization costs, ambulance costs, laboratory costs, and other connected fees, depending on the policy you choose. Even lost income compensation is covered under some insurance types. Why you should choose Individual or Family Health Insurance plans? It's important to pay attention...

6 Types of Insurance Needed To Start a Small Business Insurance

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Starting a small business can be a risky venture, but having the right insurance in place can help protect your assets and employees. Here are six types of insurance that are typically needed for small businesses: 1) Commercial Auto Insurance If you or an employee is involved in an accident while using a corporate car for business purposes, commercial auto insurance can assist with paying claims for property damage and physical injuries. Therefore, this insurance might aid in covering the costs of damages if your employee swerves off the road while making a delivery and hits a mailbox. 2) Data Breach Insurance If personally identifiable information is lost or stolen, data breach insurance can assist your company deal with the situation. Your expenses for things like: ·    Inform affected clients or customers. ·    Launch a PR campaign to enhance the standing of your company. ·    Provide services for credit monitoring This coverage may be know...

Travel Insurance Is Actually Worth Buying Or Not?

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When you're making plan for a trip, you probably consider booking a flight, a hotel, and possibly a rental car. While you're doing all that planning, it is good to think about another vital component of your holiday and that is travel insurance. Travel insurance is a wise and affordable investment that can provide financial security in the event of an insured trip or airplane cancellations, unanticipated medical bills while traveling, and fees associated with delayed, lost, or stolen baggage. When should you purchase travel insurance policy? Here are some most asked queries and their responses to assist you in making a decision: What is covered by Travel Insurance? You can get insurance for a single trip, several trips, or an entire year. You can choose a policy that only protects you or all of your family members. Various organizations provide travel insurance, just like The United Insurance Company of Pakistan Ltd, jubilee insurance company and EFU General Insurance ...

Understanding the Basics of Health Insurance: How it Works in Pakistan

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  Health Insurance in Pakistan Health insurance is a class of insurance policy that provides risk coverage for your medical expenses and hospitalization. Medical insurance is also known as Health insurance in Pakistan. Health insurance has many types that offer medical insurance plans that come with different features, benefits, and application criteria. In Pakistan, there are lot of companies that offer's services related to Health insurance for-example, United Insurance Company of Pakistan Ltd , Adamjee insurance Ltd, EFU General Insurance , and Jubilee insurance company. This blog post will provide you with a comprehensive guide on how to apply for health insurance in Pakistan, as well as an explanation of the most common forms of medical coverage plans and their advantages. Here, we will also go through how to file a claim for health insurance in Pakistan. So, without wasting more time, let’s discuss how health insurance works. You can avoid paying high medical expens...

7 Benefits of Travel insurance in 2022

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  Travel insurance Companies in Pakistan offer a wide variety of Benefits, features, and coverage. Here we discuss Pakistan's top-rated and most reliable providers of travel insurance services . Special offers we have from each travel insurance provider are shown below: 1) United Insurance Company 2) Adamjee Insurance Company 3) Jubilee Insurance Company 4) EFU Life Insurance Company 5) Alfalah Insurance Company Travel Insurance Benefits Travel insurance protects from unexpected incidents while traveling. In case of an emergency, going without travel insurance could sometimes result in enormous financial problems. Benefits of Travel Insurance Travel insurance has a lot of benefits. Several nations have a rule requiring travel insurance even before you apply for a visa. Before departing on your next vocation, here are some benefits why you should purchase the Travel insurance policy: 1) Medical travel insurance While you're away from hometown, these plan...

Why Do You Need Travel Insurance

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  You might be prepared to start planning your next vacation, but it's a good idea to think about getting a complete  travel insurance  plan that will safeguard you from financial losses brought on by unforeseen events both before and during your trip. Travel insurance  bundle offer’s you different kinds of deal and can cover a variety of situations. Baggage and personal effects insurance, medical expenditure insurance, and accidental death or flight accident insurance are the four basic forms of travel insurance. Why Travel Insurance Is Important For You? Do you know that travel insurance is one of the most important investments a traveler can make when deciding to go somewhere. Simply because of the variety of risks that it covers, travel insurance has a special significance when travelling internationally. A travel insurance policy may includes coverage for aircraft delays, medical risks, and travel risks. Buy Online Travel Insurance You can bu...