Introduction INDUSTRY PROFILE A) HISTORY OF INSURANCE Almost 4‚500 years ago‚ in the ancient land of Babylonia‚ traders used to bear risk of the caravan trade by giving loans that had to be later repaid with interest when the goods arrived safely. In 2100 BC‚ the Code of Hammurabi granted legal status to the practice. That‚ perhaps‚ was how insurance made its beginning. Life insurance had its origins in ancient Rome‚ where citizens formed burial clubs that would meet the funeral
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TRAINING REPORT aviva life insurnace co. ltd. SUBMITTED IN PARTIAL FULFILLMENT OF THE REQUIREMENT OF BACHELOR OF BUSINESS ADMINISTRATION (BBA) jagannath university‚ jaipur CHANNEL distribution OF aviva life INSURANCE CO. LTD. TRAINING SUPERVISOR SUBMITTED BY Branch Manager Enrollment No. SESSION 2007-2010 GURU JAMBHESHWAR UNIVERSITY HISAR - 125001 ACKNOWLEDGEMENT First of all I would like to thank the Management at Aviva Life Insurance Co. for giving me the
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…………………. DECLARATION I hereby declare that his project report entitled “A DETAILED STUDY OF RECRUITMENT AND RETNETION STRATEGIES OF FCs IN LIFE INSURANCE INDUSTRY WITH A SPECIAL FOCUS TO HDFC SLIC” held at ……………‚ is the result of Original work Carried out by me during 40 Days. (……………) in intensive study of the field‚ for the award of the Degree of MASTER’S OF BUSINESS ADMINISTRATION.
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Questions THE CHARTERED INSURANCE INSTITUTE IC-33 Pre-recruitment qualification for life agents Pre-recruitment qualification for life agents These are the key topics that will be assessed during the examination and therefore may not reflect all of the content from the study text‚ which contains additional background and reading material to aid learning. Summary of learning outcomes Number of questions in the examination* 1. Understand how the insurance market operates 3
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A COMPARATIVE STUDY ON LEVEL OF CUSTOMER PERCEPTION TO WARDS HDFC STANDARD LIFE INSURANCE AND BIRLA SUN LIFE INSURANCE [pic] [pic] An Final Report Submitted by: Soumik Dutta III SEM-MBA 7NBNL005 (2008-2010) Submitted To: Mr. SUNDEEP KUMAR FACULTY SUPERVISOR INC- NELLORE CERTIFICATE This is to certify that this Management Thesis Report Submitted in partial fulfillment of the requirement for the award of
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Having Life Insurance The value of life. What is it exactly? We will never know the true definition of the value of life because there are so many different perspectives in this world and everyone considers their perspective is right. The policy holder‚ the client that own the insurance policy may choose the type of policy that best suit their personal needs and wants‚ there are a few type of the policies such as the term insurance‚ whole life insurance‚ mortgage disability‚ permanent insurance‚ final
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Limitation 17 Research Mythology 19 Data Collection 22 Chapter 2: Life Insurance Industry 23 Industry profile 24 important milestones in the life insurance business 29 Insurance sector reforms 31 IRDA 32 Chapter 3: Contribution of Life Insurance Industry 36 Contribution of Life Insurance in the Economy 36 Flow of Insurance Industry in India 37 Structure of life Insurance Industry 40 Life Insurance industry 41 Aggregation of Long Term Savings 42 Spread of financial
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CONTENTS • What is Insurance • Purpose and its needs • History of Insurance • Fundamental Principles of Insurance. What is Insurance..??? Insurance is a system of providing financial protection against loss of or damage to an asset. In this system‚ a number of people who are exposed to similar kind of risk‚ agree to pay certain sums of money ( called premiums) to create a common pool of funds. This pool generates a compensation
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LIFE INSURANCE CORPORATION OF INDIA : COPING WITH UNCERTAINTY INTRODUCTION TO CASE The year 1996 was a significant one for the pension fund business in India. Till then‚ by virtue of Section 30 of LIC Act‚ 1956‚ only the Life Insurance Corporation (LIC) was authorized to transact life insurance business and the pension business was treated as a part of life insurance business according to the provision of the Insurance Act‚ 1938. In 1996 Government of India made a momentous decision to allow the
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Selection and Training of Life Insurance Advisors For Future Generali India Insurance Company Ltd By Bhaskar Jyoty Goswami C-14 In partial fulfillment for the award of the degree Post Graduate Diploma in Business Management July 2010-2012 NDIM New Delhi Institution of Management F-13‚ Okhla Industrial Area Phase-I New Delhi-110020 E-mail: info@ndimedu.com Website: www.ndimedu.com SUMMER TRAINING REPORT ON Recruitment‚ Selection and Training of Life Insurance Advisors For Future
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