[Type the document subtitle] [Pick the date] myhome DECLARATION DECLARATION I hereby declare that the project entitled “LIFE INSURANCE at ING Vysya”which is submitted in partial fulfillment of the requirement for the award of the degree of MBA of Rani Durgavati Vishwavidyalaya‚Jabalpur(M.P.) is an authentic record and all the information published by me are true to my knowledge and information and facts furnished by me rrrrreeeeeeee on my own findings
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FINDINGS & SUGGESTION Some type of agent network is must. As insurance customers rely on personal interactions and a need a high level of service that can be very well maintained by these types of rural agents. The distribution channel need to be improved and new ideas and people are need to be discovered those can work as an insurance agents. The Gram Pradhan‚ doctors‚ school teachers‚ mandi samiti etc. may be good agents for this purpose. Villagers have high trust in banks and post office
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CHAPTER I INDIAN INSURANCE INDUSTRY “AN OVERVIEW” THE INSURANCE INDUSTRY IN INDIA AN OVERVIEW With the largest number of life insurance policies in force in the world‚ Insurance happens to be a mega opportunity in India. It’s a business growing at the rate of 15-20 per cent annually and presently is of the order of Rs 1560.41 billion (for the financial year 2006 – 2007). Together with banking services‚ it adds about 7% to the country’s Gross Domestic Product (GDP). The gross premium collection
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Aviva Life Insurance is a joint venture between Dabur and Aviva. Aviva has 26% stake and Dabur 74% stake in the JV partnership. Aviva India employs close to 5000 people‚ over 20‚000 Financial Advisers with 159 branches across the country. In 1999 the government opened the insurance sector by permitting FDI from private companies of up to 26%. The largest life-insurance company in India is still owned by the government (LIC). Insurance is also listed as the seventh Schedule to the Constitution of
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LIFE INSURANCE CORPORATION OF INDIA LIC’S JEEVAN VAIBHAV (PLAN NO. 809) FREQUENTLY ASKED QUESTIONS DURING A SALES TALK What are the highlights of LIC’s Jeevan Vaibhav? LIC’s Jeevan Vaibhav is a Life insurance Plan especially designed to meet needs of • Insurance • • Wealth creation and Liquidity What are the key features of LIC’s Jeevan Vaibhav? Single Premium non-linked endowment assurance plan. Maturity Benefit : Sum Assured and Loyalty Addition#. Liquidity : Facility for loan. Life Cover
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handling financial risk is insurance. Delta Life Insurance Company Limited was incorporated in November 10‚ 1986 and is mainly engaged in Ordinary Life (OL)‚ Group Insurance (GI)‚ Health Insurance (HI) business and non-traditional micro insurance business under the name of Gono-Grameen Bima (GN-GRB). The Company is a publicly traded Company and its shares are listed on the Dhaka Stock Exchange and Chittagong Stock Exchange. However‚ we have prepared this report on Delta Life Insurance Co. Ltd‚ which is one
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ASSIGNMENT ON PRINCIPLE OF INSURANCE ASSIGNMENT TOPIC “JIBAN BIMA CORPORATION” INTRODUCTION: The Jiban Bima Corporation (JBC) is the lone state-owned life Insurance company in Bangladesh‚ which started its maiden journey on 14 May‚ 1973 with assets and liabilities worth TK. 15.70 crore (157 million) of defunt 37 life Insurance companies. Since its inception‚ JBC is working among the people of Bangladesh with two basic objectives: firstly
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Wilder Whole life insurance There are many types of cash value insurance but the most important is type is “whole life” or “permanent life” insurance. Whole life insurance policies remain the same as long as the premiums are paid. However‚ whole life insurance differs from term insurance policies. First‚ the premiums for a whole life insurance policy are primarily much higher than for term insurance for the exact amount of insurance protection. Second‚ unlike the premiums for term insurance‚ whole life
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1. Introduction Today‚ life insurance actually the one of everybody needs. As we know‚ it is a type of financial protection to anyone who bought it. Basically‚ life insurance is an agreement between insurance policy holder and insurer‚ where the insurer promises to pay an amount of sum assured to beneficiary upon the death of the life insured. In other words‚ an individual’s pure risk is shifted to insurer in the consideration of premium paid by the policyholders. The premium is either paid regularly
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A 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 Panchal Enrollment No.:117010592053 Ajay vaja Enrollment No.:117010592077 YEAR: 2011-2013 MBA SEMESTER III Affiliated to Gujarat Technological
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