When you file a claim, the adjuster is not just glancing at photos and cutting a check. Before any money moves, they zero in on one critical detail: whether the loss you are claiming is actually covered under your policy,

CheapInsurance.com reports that many auto insurance policies may not cover major losses due to issues like depreciation, liability limits, and hidden exclusions.

This explains why choosing between lump sum and monthly payouts is as important as coverage amount. The right structure helps families manage expenses and plan confidently after a

Level term cover is one of the most popular options. It simply means that the sum insured remains the same, or it is ‘level’, and fixed for the duration of the policy. This kind of cover, with its fixed ‘term’, is intended to guard against the financial impact of your premature death.