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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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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e-crm practice in aviva life insurance AVIVA life insurance entered in 2002 and deployed Talisma e-CRM suite. AVIVA got the success by recognizing the potential customers and bringing out products and services tailored to the customer requirements. Also e-CRM developed multistep marketing campaign and superior services across multiple channels. With this CRM project the company aims to achieve the organized data base system‚ superior service standards‚ quick access to customers‚ upgrading offers
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Industry Profile * History of Insurance * Types of Insurance * Life Insurance * Non Life Insurance | * Development of Life Insurance in India * Development of Life Insurance in Rural India * IRDA (Insurance Regulatory Development Authority) * Advantage of Life Insurance * Limitation of Life Insurance | The History of Insurance Although insurance may have been used by the Babylonians‚ the Greeks and the Romans‚ insurance in the modern sense originated
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Introduction In general‚ life insurance is a type of coverage that pays benefits upon a person ’s death or disability. In exchange for relatively small premiums paid in the present‚ the policy holder receives the assurance that a larger amount of money will be available in the future to help his or her beneficiaries pay debts and funeral expenses. Some forms of life insurance can also be used as a tax-deferred investment to provide funds during a person ’s lifetime for retirement or everyday living
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CONTENTS SR NO | TOPIC | PAGE NO | 1 | INTRODUCTION | 4 | 2 | TYPES | 5 | 3 | ADVANTAGES AND DISADVANTAGES | 8 | 4 | LIFE INSURANCE IN INDIA | 10 | 5 | LIST OF INSURER | 11 | 6 | TOP 10 PRIVATE INSURANCE COMPANIES IN INDIA | 12 | INTRODUCTION Life insurance is a contract between an insurance policy holder and an insurer‚ where the insurer promises to pay a designated beneficiary sum of money (the "benefits") upon the death of the insured person. Depending on the contract
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1. A good way to reduce the cost of your car‚ home‚ and health insurance is to: a. Raise the deductibles on your policies b. Reduce your coverage to the minimum c. Keep your auto and home policies with different companies d. Suspend your coverage for a limited time 2. The four documents you must have to protect your family are: a. A will‚ an irrevocable trust‚ an advance directive‚ and a durable power of attorney b. A will‚ a living revocable trust‚ a durable power of attorney‚ and an advance
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An Assignment For Principle of Insurance (Life Insurance) Course Code: FIN-123 Submitted To : Course Leader: Farhana Rahman Designation: Lecturer (STAMFORD UNIVERSITY BANGLADESH) Submitted By: 1. Abdullah-Al-Mamun. ID NO: BBA 047-14571 2. Rumana Islam. ID NO: BBA 047-14591 3. Mahe Afroze. ID NO: BBA 047-14590 4. MD. Rayhen-Ur-Rubby ID NO: BBA 047-14617 5. Md. Shoriful Islam ID NO: BBA047-14544
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Analysis of Life Insurance Sector (Life Insurance Presented by Ashish Chandra (29041) C. Sudhir (29044) Parvati Singh (29055) Sharat Jha (29065) Institute of Rural Management‚ Anand Demographic environment India has‚ according to 2001 census‚ 65.38% literacy rate. The literacy rate varies across rural (59.4%) and urban (80.3%) India. These contrasts in literacy levels are significant and have important implications for insurers. Literacy and education increases employability of the person
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“A Discussion on the products of Pragati Life Insurance Ltd” Introduction: Life insurance or life assurance is a contract between the policy owner and the insurer‚ where the insurer agrees to pay a designated beneficiary a sum of money upon the occurrence of the insured individual’s or individuals’ death or other event‚ such as terminal illness or critical illness. In return‚ the policy owner agrees to pay a stipulated amount at regular intervals or in lump sums. There may be designs in some
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