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Infina Insurance Broking Pvt Ltd

Insurance, India, Maharashtra, Mumbai

Innovative Insurance Broking Solutions for a Secure Future. Expertise in Risk Management and Tailored Insurance Plans. Stand out with Infina Insurance Broking Pvt Ltd.

About Infina Insurance Broking Pvt Ltd

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Basics

Type
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Founded
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Total Employees
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Employees on Linkedin
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Employees on OWCareers
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Main Office
India, Maharashtra, Mumbai
Official Website
http://www.infinainsure.com
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FAQs – Infina Insurance Broking Pvt Ltd

What happens when I reach my out-of-pocket maximum?

Once you reach your out-of-pocket maximum, your insurer covers 100% of covered medical expenses for the rest of the policy year. This limit includes your deductible, copays, and coinsurance but does not include premiums or non-covered expenses.


How do insurance regulatory authorities promote competition?

They prevent monopolies, enforce anti-discrimination rules, ensure fair access to insurance products, and support market innovations like InsurTech solutions.


What is a contingent trust beneficiary?

A contingent trust beneficiary is someone who will receive the insurance proceeds through a trust only if the primary beneficiary cannot. This is often used for minors, ensuring responsible financial management and preventing direct access to large sums of money at a young age.


What should I do if I need to file a renters liability claim?

Contact your insurance company as soon as possible, provide details of the incident, gather evidence like photos or witness statements, and cooperate with the insurer during the claims process.


What is the difference between solvency ratio and liquidity ratio?

The solvency ratio measures long-term financial stability, while the liquidity ratio assesses an insurer’s ability to meet short-term financial obligations.


How do insurance companies assess hazards?

Insurance companies evaluate hazards to determine risk levels and premium costs. They assess property conditions, safety measures, past incidents, and compliance with regulations. For example, a home with outdated electrical wiring may receive higher premiums due to fire hazards. Taking preventive actions can help lower risk exposure and insurance costs.


How do gig workers insure their equipment?

Gig workers can purchase business property insurance or equipment insurance to protect essential tools, such as cameras, laptops, and vehicles, against theft, damage, or loss.


What are common riders in life insurance?

Common life insurance riders include accidental death benefits, waiver of premium, critical illness coverage, and return of premium options.


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