Insurance

You might already know that health insurance plans pays for hospital stays, surgeries, and other medical emergencies that spring up out of the blue. You may not know this, but many of them now also offer health advantages. These benefits are not just for when you’re sick; they’re also for keeping you healthy. Getting treatment […]

Serious illnesses can bring health challenges and financial pressure at the same time. A critical illness plan is designed to pay a one-off amount if the insured person is diagnosed with a listed major condition. This guide explains the conditions that are commonly covered and the practical benefits of having critical illness insurance. In today’s

The insurance sector employs the vast majority of actuaries. An insurance actuary is someone who makes a livelihood by analyzing risk. This is accomplished by the application of statistics, and financial mathematics. Learn about what is insurance before starting off. It is the degree of risk that insurance firms are willing to accept and the

In this article we will have a detailed look at different types of actuaries and their roles and responsibilities but before that let’s find out what is the meaning of actuarial science and what its applications are. Actuarial science is a field of mathematics which studies and quantifies financial risk using probability and statistics. Students

With the strengthening of the country’s economy and the rapid expansion of its business sector, there is a significant demand for highly qualified professionals who are well-versed in actuarial science and are adept at forecasting market trends. Let us understand what is actuarial science, importance of actuarial science in insurance, social welfare and pension industries.