Ans. Insurance is a type of contact which transfers the risk of financial loss from a person (individual) or business to an insurance provider.
Ans. Divide the sum insured by the sum assured to get the premium rate. This means that if your sum insured is ₹20,000 and your sum assured is ₹2,000, your premium rate is 10%.
Ans. MyMeds247 health insurance is underwritten by Niva Bupa.
Ans. Aditya Birla is the underwriter of MyMeds247 in personal accidental cover.
Ans. You need to firstly signup on mymeds247 portal, then activate your free membership. After activationof the membership, you will get free personal accidental cover on mymeds247.
