Process of insurance:
• Selection of Product
When you are going for insurance first you should need to choose the product .There are so many products of insurance company which are mentioned above. So you should be confirmed which insurance should you going to be done.
• Proposal form
Every product have their own proposal form so when you select the product then you should need to fill the proposal form where it contains an insured person details and insured property details.
• Evidence of respectability
After proposal you should need to prove the insured person and properties with the required documents.
• Survey of property
Insurance Companies has their own surveyors who survey the insured properties and proved right or not?
• Acceptance of proposal
After all the above process is done then insurance company is ready to accept your proposal .It means insurance company gets all details about insured person and properties as well as all the necessary requirements.
• Issue of Debit note
A debit note is a document used by a vendor to inform the buyer of current debt obligations. So insurance company also issued the debit note first where all the details of premium, covered risk, contracted time period and other information are clearly defined.
•Payment
After received a debit note if you should be satisfied then you pay the total premium amount to the insurance company which is called payment process.

• Issue of insurance policy
Finally Insurance Company issued an insurance policy which is generally an integrated contract, includes all forms associated with the agreement between the insured and insurer.