Category: Insurance
Insurance
Concepts of Personal selling in Insurance Among the various promotional strategies, personal selling occupies a place of outstanding significance. This is due to the fact that the insurance business …
Insurance
Procedure to be followed for effecting Life Insurance Policy The following procedure has to be followed to effect a life insurance policy: 1. Filling up a proposal form The …
Insurance
What is Principle of Causa Proxima? Proximate cause means the active, efficient cause that sets in motion a chain of events which brings about a result, without the intervention …
Insurance
Methods of Risk Classification Risk can be classified through following two methods in Insurance. 1. Judgement or Assessment method In Judgement or Assessment method, the insurer studies all the …
Insurance
Challenges to be encountered in the Indian Rural Insurance Market The task of providing insurance services to the people in rural areas will be major challenge for both public …
Insurance
Insurance is basically a contract, between the insurer and insured. The consideration for the contract is the premium paid by the insured. Therefore, the insurance contract must contain all …
Insurance
Introduction Man’s life is open to risks of varied nature. An individual’s life is subject to risks such as untimely death due to accidents, premature death, illness, disablement and …
Insurance
Terms used in Insurance There are certain common terms which are used very often in insurance. These terms need some explanation. 1. Who is Insurer in an Insurance? The …
Insurance
What are Captives? Captives are insurance companies formed by companies or associations for insuring their own requirements. The owners of the captive are also the insured and they take …
Insurance
Insurance provides a variety functions which are beneficial to the common man, business community and the nation as a whole, directly or indirectly. A few of them are discussed …
