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Square Insurance Brokers Pvt. Ltd.

Insurance, India, Maharashtra, Mumbai

Square Insurance Brokers Pvt. Ltd. provides innovative risk management solutions for businesses across various industries, ensuring comprehensive coverage and peace of mind.

About Square Insurance Brokers Pvt. Ltd.

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Basics

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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.squareinsurance.in
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FAQs – Square Insurance Brokers Pvt. Ltd.

Is the CPCU designation recognized internationally?

While CPCU is primarily recognized in the United States, it is also valued in international insurance markets. Many multinational insurance companies recognize CPCU holders for their expertise. Professionals outside the U.S. pursuing the designation benefit from an in-depth understanding of insurance principles applicable across various jurisdictions.


How much does crop insurance cost?

The cost depends on factors like crop type, location, coverage level, historical yield data, and government subsidies. Premium rates vary, but subsidies often make policies affordable.


What should I consider when choosing collision coverage?

Consider your car’s value, repair costs, deductible options, financial situation, and whether you can afford to cover damages yourself.


How does RBC apply to property and casualty insurers?

RBC for property and casualty insurers emphasizes underwriting risks, catastrophe risks, and credit risks from reinsurance. These insurers deal with shorter-duration policies, so the focus is on claim reserves, premium adequacy, and potential losses from extreme events like natural disasters.


Are co-payments required for prescription medications?

Yes, co-payments are often required for prescription medications. The amount can vary based on the type of medication, whether it’s a generic or brand-name drug, and the insurance plan. For example, your co-pay for a generic drug might be lower (e.g., $10), while a brand-name drug may have a higher co-pay (e.g., $30). Your insurance plan will outline the co-payment amounts for different drug categories.


What is the future of Lloyd’s of London?

Lloyd’s is embracing digital transformation, insurtech, and global expansion to maintain its leadership in specialized insurance markets.


What is an accidental death benefit rider?

This rider provides an additional payout if the insured person dies due to an accident. The benefit is paid on top of the standard death benefit and is commonly chosen by individuals in high-risk occupations.


How can I lower my business property insurance premiums?

You can reduce premiums by installing security systems, choosing a higher deductible, bundling policies, and maintaining a good claims history. Reviewing coverage annually also helps.


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