Impact of Fdi in Life Insurance Sector

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Comprehensive Project

ON
“Impact of Foreign Direct Investment in life Insurance Industry” Submitted to
Gujarat Technological University

IN PARTIAL FULFILLMENT OF THE
REQUIREMENT OF THE AWARD FOR THE DEGREE OF

MASTER OF BUSINESS ADMINISTRATION

UNDER THE GUIDANCE OF
Prof. Himanshu Chauhan

Submitted by

Pratik PanchalEnrollment No.:117010592053
Ajay vajaEnrollment No.:117010592077

YEAR: 2011-2013
MBA SEMESTER III
Affiliated to Gujarat Technological University Ahmedabad|

DECLARATION

We, Panchal PRatik and Ajay Vaja student of AHMEDABAD INSTITUTE OF TECHNOLOGY hereby, declare that the Project report on “Impact of Foreign Direct Investment on Indian Insurance” is our original work and has not been published elsewhere. This has been undertaken for the purpose of partial fulfillment of GUJARAT TECHNOLOGICAL UNIVERSITY requirement for the award of the degree of Master of Business Administration.

(Signature)
Date: __/__/2012Pratik Panchal
Place: Ahmedabad Ajay Vaja

Acknowledgement

Perseverance, inspiration and motivation have played a great role in the success of any venture. We are thankful to our collage for giving us the opportunity to work with such an eminent section of Indian financial sector. We are grateful to our faculty mentor Prof. Himanshu Chauhan for guiding us throughout the project and for supporting us through his constant guidance and encouragement. For their immense help in making our project fruitful. Finally, not to miss anyone, we thank all the people who have directly or indirectly helped us a lot throughout the project time period and in completion of our project successfully.

Panchal Pratik P.
Ajay Vaja
MBA- III

Institute’s Certificate

“Certified that this Comprehensive Project Report Titled “Impact of Foreign Direct Investment inlife Insurance Industry” is the bonafide work of Mr. Pratik Panchal (Enrollment No- 117010592053.)& Ajay Vaja (Enrollment No- 117010592077.) who carried out the research under our supervision. We also certify further, that to the best of my knowledge the work reported herein does not form part of any other project report or dissertation on the basis of which a degree or award was conferred on an earlier occasion on this or any other candidate.

Signature of the Faculty Guide
(Prof. Himanshu Chauhan)

(Dr.NehaParashar)
(Certificate is to be countersigned by the HoD)

INDEX
CHAPTER NO.| NAME| PAGE NO.|
1.| INTRODUCTION Introduction of Life Insurance industryIntroduction of FDIImpact of FDI in INDIA| | 2. | LITERTURE REVIEW| |
3.| RESEARCH METHODOLOGY| |
| a) OBJECTIVES OF THE STUDY| |
| b) SCOPE OF THE STUDY:| |
| C)RESEARCH DESIGN| |
| c) RESEARCH SAMPLE| |
| d) SOURCES OF DATA :| |
| e) SAMPLING PLAN| |
| f) DATA ANALYSIS| |
| g) DATA COLLECTION :| |
| CONCLUSION| |
4.| REFERENCES| |

Life Insurance

Life insurance was initially designed to protect the income of families, particularly young families in the wealth accumulation phase, in the event of the head of household's death. Today, life insurance is used for many reasons, including wealth preservation and estate tax planning. Life insurance provides you with the opportunity to protect yourself and your family from personal risk exposures like repayment of debts after death, providing for a surviving spouse and children, fulfilling other economic goals (such as putting your kids through college), leaving a charitable legacy, paying for funeral expenses, etc. Life insurance protection is also important if you are a business owner or a key person in someone else's business, where your death (or your partner's death) might wreak financial havoc. Life insurance is a great financial planning tool, but should never be thought of as a savings vehicle. In general, there are often far better places to...
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