Life Insurance industry of India and what people believes about it.

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Issue:

Miscellaneous

 

Written by:

Krista V

 

Date added:

June 21, 2016

 

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Grade:

A

 

No of pages / words:

2 / 424

 

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8619 times

 

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Essay content:

Today the 2 uses or benefits for which the people take insurance are: 1. Protection for the family. 2. Tax deductions. Usually the person who owns the life insurance policy is the person who has to pay the premiums and 95% of the policy cases the owner of the policy has the right to exercise control over the policy...
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United Linked Insurance Plan and specially by private life insurance companies and when we talk about India still 90% of the population is uninsured which in itself tells that there is a huge potential in this sector. LIC is the most famous, far most and the oldest player in this sector which was formed by combining 245 small level companies of insurers or prudent societies and at the present moment its chairman is Mr...
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