Insurance refers to a contractual arrangement in which one party, i.e. insurance company or the insurer, agrees to compensate the loss or damage sustained to another party, i.e. the insured, by paying a definite amount, in exchange for an adequate consideration called as premium. The insured receives a contract, called the insurance policy, which details the conditions and circumstances under which the insurer will compensate the insured. The amount of money charged by the insurer to the Policyholder for the coverage set forth in the insurance policy is called the premium.

Peer to Peer lending is RBI regulated platform that uses technology that allow people to lend or borrow money from one another without going through bank. By eliminating middleman like bank Borrower gets loan at cheaper interest rate while lender gets interest higher than bank offers on fixed deposits. Risk of default is born by Lender and hence this is high risk high return debt product. Risk is minimized by giving small amounts loans to multiple borrowers of various risk categories ensuring yield much higher than fixed deposits. Selection of borrowers and recovery process is done by P2P Lending platform for which they charge fixed fees. Open P2P Lending account with us and start lending your money and earn interest higher than bank and company deposits. (*P2P Lending subject to default risks, investors and advised to read offer documents carefully before investing)