1. What is the basic purpose of insurance?
Its aim is to reduce financial uncertainty and make accidental loss manageable. It does this substituting payment of a small, known fee-an insurance premium-to a professional insurer in exchange for the assumption of the risk a large loss, and a promise to pay in the event of such a loss.
2. Would it cost me more if I buy any of your services through your portal?
No, you will not be charged any extra amount. KKDG portal shows you the same amount of premium or investment amount across the web.
3. Are you just like another websites who sells investment products?
No, we are helping our customers to choose best suited investment products for them, not working as a middle-man for selling various products. Our priority is to suggest the right investment product for well-being financial lives of our customer.
4. Would KKDG helps in Claim Process and Maturity Claims?
Absolutely YES. KKDG is here with the motive to assist you at every phase. So you can count on us positively.
5. Would I get repeated calls from your Sales Team if I fill in my details on your website?
No. And that's a promise! We follow a complete non-intrusive approach. We respect your time and do not want to disturb you unnecessarily. We want to make all our offered services a pull product rather than a push product. You will receive a call only if you will request a call from us.
6. What are the five advantages of having credit cards?
- Earn rewards such as cash back or miles points.
- Protection against credit card fraud.
- Credit score information for free.
- Increased purchasing power.
- Not linked to checking or savings account.
7. How do Bonds work ?
Bonds are the debt securities issued by a government enterprise or a private entity to investors to raise funds for various purposes. Bonds are a sort of fixed-income security that works by paying back a certain amount to the bondholder regularly, known as the coupon rate until the borrowed amount is paid back.
8. What are mutual funds and how do they work?
A mutual fund is an investment scheme that pools money from many investors which is further invested by a professional fund manager. The fund manager can invest this pooled money to purchase securities like stocks, bonds, gold, or any combination of these. Every mutual fund works around certain investment objectives and attempts to achieve the same. The fund manager plans the investment accordingly and allocates the asset between stocks and bonds. Combining all, these securities form the portfolio composition of the selected scheme.
9. How does General Insurance benefit me?
Accidents, illnesses, fires... in the ups and downs of life, we are never prepared for the downsides. This is precisely the point where General Insurance can prove to be a boon. It provides the highly vital but often ignored protection against such unforeseen events. Unlike Life Insurance, General Insurance is not meant to offer returns, but is a protection against emergencies. Moreover, specific Acts of Parliament like certain types of insurance (e.g., Motor Insurance and Public Liability Insurance) have been made mandatory.
10. What is deductible?
In an insurance policy, the deductible or excess is the portion of any claim that is not covered by the insurance provider. It is normally quoted as a fixed amount and is a part of most policies covering losses to the policyholder. The deductible must be "met", that is, paid by the insured, before the benefits of the policy can apply.