⟩ 1.Are the private insurance companies safe? 2.If any private insurance company all of suden close or meeting loss, What they should return the invest money to policy holders?3.What is defferance between govt insurance and private companies?4.Somebody saying ICICI produntial company met loss his property. The organization telling What we can do?share is down so you people will get very less amount? Is it true?
1) Yes Private company are safe . because all insurance
company are govern by the IRDA(Insurance regulation
developmnt authority )
2)If insurance compancy will be closed u will get all of ur
dues from the IRDA .
3) There is no big different between Private & Goverment
company .
4)No its not true at all