The whole nature cycle in the present times are going for a toss with earthquakes and floods becoming too common, the water reserves are going down and animals becoming homeless due to a steadfast population. The natures balance is getting altered due to interferences like cloud seeding etc. Life is uncertain and there is a need to get insurance to be able to recuperate from untimely deaths, loss, destruction, damages, etc. So what is insurance?

Insurance is nothing but a cover that protects one against any sorts of risks and insecurities. The chief component of it being of sharing the risk. It can be referred as a contract where a stipulated amount is paid so that the insurer can help the insured people recuperate from the loss and after effects of a damage or risk, in case of any eventuality.

The establishment that helps to get this understanding is called the insurance company. Any individual who wants to get insurance done is known as Insured/Assured. The written contract between the two parties is referred to as the Policy.

After knowing in brief about the insurance, let us have a look at the different types which exists.

Types

Life Insurance- The amount gets paid under this cover only after the death of the assured, or when the policy expires, whichever happens first. However, this is not an indemnity bond as the loss of one’s life cannot be recompensed yet a particular sum of money can be paid.

Fire Insurance- This type of cover protects against all types of damages that result due to fire. It is considered as a contract of indemnity whereby the insurance companies pay off for the loss that takes place. Generally, this cover is only valid for a year’s time after which it needs to be renewed. One needs to keep just two aspects in mind to claim for this and they are:

• There should be a genuine loss

• The fire should be by accident and not done intentionally.

Marine Insurance- This kind is one of the oldest and covers all loss related to the marine exploration. In this type, the insurer pays off for the partial or the full loss to the owner of a ship or cargo. This again is a contract of indemnity where the assured can recover the real amount of coverage subject to the maximum limit that one is insured for.

After studying the various types, let us see their importance which leads to a secure tomorrow.

Importance

• Due to insurance, the international trade has started touching peaks as marine insurance gives a cover against all types of risks related to the sea.

• In today’s time, the life insurance policies are available in many forms and they can be used for accomplishing of one’s social obligations, educational loan or marriage loan etc.

• Large funds get accumulated by the help of premium paid by the “insured” and that helps as a significant factor for the capital foundation as well as the economic development of a country.

• Insurance does not only ensures protection but also is a great way of investment as the premium gets paid from time to time and after maturity, the lump sum is given to the insured.

Thus, it is always an astute step to get one insured and spare oneself from the horror of any loss, or damage which could be emotional or financial. Let’s save today for a thriving tomorrow.

Life Insurance Corporation is a part of Indian life right now. An LIC agent will offer life insurance in all forms. They have you covered right from when you start earning to the day you get ready to invest in a car or a house to the day you get married to the day your child is born to the day you retire and ultimately die.

LIC becomes a part of your life in a number of ways. It is helpful in a number of ways and the two prime reasons are security and savings which have been merged to create the concept of Secure Savings. It becomes very important if you have a family and they might need money after your demise for their survival.

Benefits of Life Insurance

Life Insurance is very beneficial for retired employees as well. They help you lead a smart and comfortable life, even when you are not draining away your energy to earn a plate of food at the end of the day.
It is very important in case you need future funding as well, such as funding your child’s college fund or the yacht that you had always dreamed of.
It is extremely beneficial in all ways. It provides appropriate and assured Income Benefits after the demise of the earning member of the family in whose name the life insurance had been issued.
It also helps you plan your retirement early in a better way and if time permits, you can easily retire at the age of fifty to fifty five.
It is a long term investment and hence, it can help you in cases of emergency as well as in cases involving large amounts of money.
The biggest advantage of Life Insurance lies in the fact that any policy holder can easily apply for a loan with a number of perks.
It is very flexible as well and can be altered according to the income and requirements of the customer.
It also provides optimum Risk Cover and helps the policy holder and his family recover from any unknown event.
Conclusion
In conclusion, Life Insurance is an amazing way to invest your income and generate revenue on your savings. A good lic insurance agent will be able to guide easily and help you get the best policy. There are many LIC top agents who can help you in this regard. These agents make it very easy for you to select the perfect policy for you. They will listen to all your financial details and take into consideration all your requirements and finally give you the correct policy for you and your family.

If you want to make a cosmetics line of products, you need to do a lot of tasks, such as making a list of ingredients, creating formulations, and then putting the product to test. But the most important step is to go for the best packaging for your products. According to experts, you may want to go through this process as soon as you can. The reason is that packaging is the first thing that attracts the attention of prospective customers. And we know that there is a lot of importance of making an impression on your customers and clients. In this article, we are going to talk about some common types of packaging material that you can use. Read on to find out more.

1. Glass

Glass is the safest material for cosmetic products. This material is an ideal choice for products that contain different types of oils and acids. Since glass is not affected by corrosion, it can stand the test of time.

Glass has great aesthetic appeal, which is why it attracts the attention of customers. This material makes products look upscale and sophisticated. Another good thing about glass is that it can be recycled. Therefore, this material can help reduce carbon footprint and keep our planet in good shape.

2. Polyethylene terephthalate (or PET)

Polyethylene terephthalate looks like glass. But in reality, these are transparent plastic bottles or jars. In most cases, it is used for beverages and cosmetic products. Over the years, they have gained a lot of popularity as they are shatter-resistant, inexpensive, and lightweight.

PET is one of the best cosmetic containers as it creates a strong barrier between the product and the solution inside it. So, the material does not react with plastic. PET is a perfect choice if you want to store essential oils and alcohol.

3. Polypropylene Plastic

Propylene plastic is also known as PP, which is another quite popular packaging solution for cosmetics and skincare brands. As far as sturdiness is concerned, it is better than PET. Some examples of these units include deodorant tubes, lotion square tubes, and hand cream jars, just to name a few.

4. High-Density Polyethylene (HDPE)

If you are looking for the safest packaging solution, High-Density Polyethylene is your best bet. Since it can be recycled, it is a green product.

5. Metal

Nowadays, skincare and cosmetics manufacturers make use of tin cans, such as balms, brow pomades, cream blushes, and scrubs. For these materials, metal is an ideal choice for its vintage look. However, you may want to be careful when it comes to making use of metal packaging.

In short, these are some of the most common options when it comes to cosmetics packaging material. You can choose from these options based on your product type and personal preferences.