A decision regarding which insurance company to go with is ultimately a matter of Trust.
The insurance company you choose plays a significant role in protecting your family's financial future, especially in a country like India without a social security system in place. Thus, it is imperative that you make a wise and informed decision by choosing a Trusted Insurance Company.
You can find a lot of insurance companies online as well as offline, it is sometimes difficult to determine which is the best option for you. Hence, in this article, we'll discuss how to consider different factors before buying an insurance policy, and why Future Generali India Life Insurance is a Trusted Life Insurance company in the market.
While insurance companies may advertise flashily, you must do your research and see how long the company has been in business. It is important to choose an insurance company that has a proven track record. Take into account things like how many branches the company owns, how many lives the company has secured, and the network of financial advisors and distributors the company has.
When it comes to Future Generali India Life Insurance Company here's what the numbers say:
#2. Size and Financial Capacity Matters
When it comes to choosing an insurance company, it's all about the numbers. Examine important numbers like the company's Assets Under Management (AUM), market share, and growth ratio for new business premiums to determine whether it has the financial capacity to pay out claims if you need to make one.
Future Generali India Life Insurance is considered Trusted and Reliable as the following numbers speak for themselves:
- ● 51,424 Million worth of Asset Under Management (AUM)
- ● ISO 10002:2014 certified for customer service
Future Generali India Life Insurance has also earned the following recognitions:
- ● Crowned as 'Life Insurance Company of the Year’ at the Golden Star Award – Sept 2018.
- ● Crowned as the ‘Best Company in Customer Engagement with AI’ in Dec 2019.
- ● Winner of the People Capital Index (PCI) Award 3rd time in a row
- ● Listed as the first 50 PCI companies of the year.
#3. Quality of Service
Selecting an insurance company also involves considering this factor. Based on the insurer's attitude toward potential customers like yourself, you should make a decision. If you call or go in person, will they be able to answer your questions? Does their approach seem patient or do they seem too busy to understand your financial needs before making a sales pitch? Before you make a final decision, ask yourself some of these questions.
#4. Research Policyholder Reviews
Internet research has become a powerful tool for policyholders, as almost everything is available online for review, including insurance policies. Before buying a policy from an insurance company, search the Internet and read reviews left by previous customers. A good insurance company will have positive reviews left by existing customers who are happy with the service. A good insurance policy will have favorable reviews online and be financially stable to settle policyholder claims. Individuals should research the insurance policies offered by the company and make sure that they align with their individual needs.
Want to know what Customers of Future Generali Life Insurance say? Have a look:
It may be a bit challenging today to choose an insurance company, given the variety of insurers available. In the event you are having difficulty choosing an insurance company on your own, seek the help of a Trusted Financial Advisor who can assist you in making an informed choice.