UNIT 3 GENERAL INSURANCE General Insurance: Principles‚ products (Fire‚ Marine‚ Motor vehicles‚ public liability‚ third party insurance‚ medi-claim and health policies‚ group insurance‚ burglary insurance). 1 Sunil Kushwaha INTRODUCTION Insurance is an important aid to minimize the effect of uncertainties of life as well as property. With the increasing complexities in our personal and professional life‚ the range of risks that the insurance companies accept has also expended
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Tyler Freas Mr. Fiorentino Academic English January 7‚ 2013 Into the Fire Everywhere you go there are restaurants‚ bars and diners and everyone that goes there all have one thing in mind‚ food. There is a team of people in the kitchen who help prepare and cook your food to order but the person who runs the entire kitchen is the head chef. In ten years I will be a head chef at a restaurant. To be a head chef you have to be responsible and be able to work in high pressure situations
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Fire Safety : A Fire Safety Self-Inspection Checklist Introduction Structural fires can occur at any time. They don’t just happen to the “other guy.” The best way to ensure that NPS facilities are “fire safe” is through prevention and education. This includes inspections and education of employees‚ partners‚ and the public. Director’s Order #58: Structural Fire Management (DO #58) and its implementation manual‚ Reference Manual #58 (RM-58)‚ require your park’s Structural Fire Coordinator to schedule
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The Fire “Is this a dream?” I thought to myself. Looking off into the vast emptiness‚ the only thing surrounding me was darkness. It was a cold October night; all was hushed except for the gentle breeze sweeping through the trees whispering my name. The chillness of the stale air gave me shivers from head to toe and at that moment I felt unsafe. Suddenly‚ I spotted a glowing light off in the distance‚ and knowing it was my only chance of safety I ran towards it. As I approached this mysterious
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Reyes | Insurance Matrix | 6/30/2012 | ------------------------------------------------- University of Phoenix Material Insurance Matrix Directions – Matrix For each type of insurance listed in the matrix‚ identity three functions‚ three coverage characteristics‚ and three companies that offer this type of insurance. Type of Insurance | Functions | Coverage Characteristics | Companies That Offer It | Auto | 1.Loss2. Damage.3.Accident(Collision) | Liability insurance for those
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Supplemental insurance is extra insurance that covers specific things not covered by your standard major medical policy. It is a separate policy with separate benefits. A Medicare supplement may be a readily familiar example as it is one of the most common types. Medicare doesn’t cover prescription drugs‚ at home care‚ nursing homes‚ or long term care. Thus‚ many seniors buy additional insurance that does cover one or more of those items without competing directly with Medicare‚ thus sidestepping
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THE ROLE OF INSURANCE IN SOCIETY. ( 5 Pages) You will all appreciate that the subject of this talk is so wide so I will make a brief summary of some of the main salient points that personally strike me as important. For those listening who are not so well versed in insurance I hope that this will open your eyes to our industry and for my colleagues who have been practicing our profession for many years please consider it as an “ aide memoire “. As our lives progress
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DEFINES SALES SUCCESS IN TWO LEADING LIFE INSURANCE COMPANY Target companies: AVIVA Life Insurance Pvt Ltd. 1] Executive summary: The research is to be conduct how each company has performed in sales and the improve effectiveness of selling process. Research objectives and aims are to compare the performance of the AVIVA and HDFCSLI. As this research studying based on the Indian market‚ the research is proceeding in Bangalore‚ which is one of the main city in India. Research mythology is proceeding
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INDIAN INSURANCE INDUSTRY Size of the Industry | Fifth largest life insurance market with US$ 41-billion. According to IRDA‚ the insurers in the year 2009-2010 sold 10.55 million new policies with LIC selling 8.52 million and private companies 2.03 million policies | Geographical distribution | Delhi‚ Mumbai‚ Karnataka‚ Hyderabad‚ Pune‚ Banglore‚ Uttar Pradesh and all the major cities of India | Output per annum | Indian Insurance Industry is one of the booming Industries of the economy
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Case 11-6 Lessee Ltd. Lessee Ltd.‚ a British company that applies IFRSs‚ leased equipment from Lessor Inc. on January 1‚ 2007‚ for a period of three years. Lease payments of $100‚000 are due to Lessor Inc. each year. Other expenses (e.g.‚ insurance‚ taxes‚ maintenance) are also to be paid by Lessee Ltd. and amount to $2‚000 per year. The lessor did not incur any initial direct costs. The lease contains no purchase or renewal options and the equipment reverts back to Lessor Inc. on the expiration
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