GROWTH OF MOTOR INSURANCE Vehicle first appeared on the roads in United Kingdom (UK) during 1880’s‚ but the first motor insurance is issued during 1890’s. Therefore it is almost 10 years time people use a motor vehicle as a mode of transportation without insurance coverage. Therefore‚ through their (insurer) experiences on other classes of insurance such as fire‚ theft & liability‚ they introduce the motor insurance towards the use of transportation. Then they emphasis it (motor insurance) on the subject
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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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PAY SYSTEM Definition:‘Pay systems are sets of rules with which employers link pay rates not only to job descriptions‚ but also to any of a great variety of indicators related to issues such as employees’ competence‚ performance and career expectations’ (Brown et al. 2003:196) Equity theory: Inputs are defined as each participant’s contributions to the relational exchange and are viewed as entitling him/her to rewards or costs. The inputs that a participant contributes to a relationship can be
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FIRE INSURANCE Overview Fire insurance is a form of property insurance which protects people from the costs incurred by fires. When a structure is covered by fire insurance‚ the insurance policy will pay out in the event that the structure is damaged or destroyed by fire. A fire insurance policy involves an insurance company agreeing to pay a certain amount equivalent to the estimated loss caused by fire to the insured‚ within the time specified in the contract. The indemnity is subject to change
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Insurance Sector in India Last Updated: August 2013 Brief Introduction Currently India is a US$41 billion industry. Currently‚ in India only two million people (0.2% of the total population of 1 billion) are covered under Mediclaim‚ whereas in developed nations like USA about 75% of the total population are covered under some insurance scheme. A robust insurance sector is a boon to a country’s economy. The sector facilitates long-term funds for infrastructure development and simultaneously
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Stimulating Innovation Stimulating Innovation In this paper the author will discuss the techniques for stimulating innovation. A discussion will then take place that will describe how the organization that the author works for stimulates innovation. An evaluation of the effectiveness of the techniques employed will ensue and ways improve the process of stimulating innovation will be discussed. There are many ways to stimulate innovation in the workplace. In order to detail the process
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Souvik Guha Location : Mumbai ISB&M‚Kolkata(PGPBM 2011-13) April 23rd 2012 to September 23rd 2012 Topic: Research on Sales & Position of Insurance Products in India Institute Guide: This is to certify that the Project Work titled “Research on sales & position of Insurance Products in India” is a bonafide work of Souvik Guha (Roll No: P/MN/R/11/001) carried out in partial fulfillment for the award of PGPBM Trimester 4 of ISB&M‚
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DBQ With the era of American Reconstruction in America during the mid to late 1800’s came a sense of opportunity and hope for its people. America was on the move as nation‚ railroads being built faster than ever and the freedmen looking to find their niche in society. Although in the beginning the government provided support for these new citizens‚ efforts toward reconstruction faded as the years passed. Those efforts faded to a point where they were all but nonexistent‚ and with the unwritten Compromise
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17-Dec-11 Product innovation and Process Innovation Product innovation – the introduction of new types of goods and services for the external market and Process innovation – enhancement of internal production processes for goods and services [Perri 6‚ 1993]. UNESCO definitions for Product innovation and Process Innovation Product innovation: introduction of a good or service that is new or significantly improved with respect to its characteristics or intended uses. This includes significant
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Jimmy Woody Mrs. Sivils US History December 12‚ 2013 Progressive Presidents Essays These Presidents had similar and different political views and elements. They all wanted to expand American influence‚ but had different way of handling it. Progressive Presidents‚ Teddy Roosevelt William Taft‚ and Woodrow Wilson were all considered to be the first modern presidents they all progression toward better conditions in government and society. They also sought to expand the power of the federal government
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