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Insurance Basics

What is insurance?

Insurance is the only way to protect the economic value of assets and life. It is defined as the equitable transfer of the risk of a loss, from one entity to another, in exchange for payment. An insurer is a company selling the insurance. A policyholder is the person or entity buying the insurance policy. The insurance rate is a factor used to determine the amount to be charged for a certain amount of insurance coverage, called the premium.

What is an asset?

Tangible Intangible
Home Earning Power
Car Training
Jewellery Experience
Computer Skills

Insurance Partners

IRDA : license No -CA0050

As per the new Corporate Agent Guidelines issued by Insurance Regulatory and Development Authority of India (IRDAI), an Open Architecture system was rolled out for existing and new Corporate Agents. IFIN adopted the Open Architecture System and has partnered with 9 Insurance companies in the Life, General and Standalone Health Insurance segments.
The Strategic Insurance partners of IFIN are:-




General Insurance

Attention Investor:
Prevent unauthorised transactions in your account Update your mobile numbers/email IDs with your stock brokers/Depository Participant.     KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, ,Mutual ).    No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.