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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o Questionnaire Bibliography NEED OF THE STUDY To analyze the concept of insurance better and for making customer awareness analysis towards insurance. First a sample survey should be done on these things to know the awareness level of customers in this regard and by this the satisfactory levels of the existing investors who have already invested in life insurance. There is more competition in this industry so there is a need to retain the customer with 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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Tata AIG Life Client Name Tata AIG Life Services Offered Technology Java/JSP‚ Oracle‚ Flash ActionScript‚ JavaScript‚ HTML/XHTML‚ CSS‚ jQuery. Website Development‚ Technology Development‚ SEO‚ Tools & Calculators‚ Forms‚ Portal Design. Revamp & Design Integration of Online Sales & Customer Portal. The Client Tata AIG Life Insurance Company Limited (Tata AIG Life) is a joint venture company‚ formed by Tata Sons and AIA Group Limited (AIA). Tata AIG Life combines Tata’s pre-eminent leadership position
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INTRODUCTION The new millennium has exposed the insurance sector to new challenges of competition and struggle for survival. The era of liberalization‚ privatization and globalisation has ended the monopolistic tendency in this sector. It has been over four years since the Indian insurance market has opened up and the new entrants into the market have set up their shops throughout the country. Until the late nineties‚ the Indian insurance industry was under State control with no private participation
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“POSITIONING OF BHARTI AXA LIFE INSURANCE PRODUCTS IN NCR” SUMMER INTERNSHIP REPORT Submitted for the Partial Fulfillment of MBA Degree Of AMITY UNIVERSITY‚ UTTAR PRADESH In the FACULTY OF MANAGEMENT By AMARDEEP SINGH A0102107004 [pic] Under the supervision of Mr. Jitendra Kumar Lecturer AMITY BUSINESS SCHOOL AMITY UNIVERSITY‚ UTTAR PRADESH SECTOR 125‚ NOIDA - 201303‚ UTTAR PRADESH‚ INDIA 2008 ACKNOWLEDGEMENT The project
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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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INSURANCE Every person wants happiness‚ profit and Security. He does not want adversity‚ Sorrow and risk. Hence he makes efforts to free from misshapenness‚ but his efforts fail before some happiness. He has to incur from general to serious losses due to different calamities. On the untimely death of the head of the family the dependents due to fire in the godown the industrialist‚ or shopkeeper‚ due to Sinking or looting of ship businessman has to incur financial loss. It means the whole
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TRAINING AND DEVELOPMENT IN RELIANCE LIFE INSURANCE DEFINATION Training and development refers to the practice of providing training‚ workshops‚ coaching‚ mentoring‚ or other learning opportunities to employees to inspire‚ challenge‚ and motivate them to perform the functions of their position to the best of their ability and within standards set by local‚ state‚ Tribal‚ Federal and licensing organization guidelines. Training and development activities provide all involved system of care parties
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