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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COBRA Insurance Health Care Reimbursement Mrs. Watson‚ MBA Brittanee Johnson July 2‚ 2013 COBRA Insurance COBRA also known as Consolidated Omnibus Budget Reconciliation Act passed in 1986. The first and perhaps most important thing to know about COBRA insurance is that it is actually not a health insurance plan at all‚ it is a law. This protects families who would lose group health coverage because of serious life events by allowing continue their coverage under employee’s group
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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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Fire Insurance | | | | Fire insurance is a contract under which the insurer in return for a consideration (premium) agrees to indemnify the insured for the financial loss which the latter may suffer due to destruction of or damage to property or goods‚ caused by fire‚ during a specified period. The contract specifies the maximum amount‚ agreed to by the parties at the time of the contract‚ which the insured can claim in case of loss. This amount is not‚ however‚ the measure of the loss. The
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evaluate the merit of Mr. Clarke’s proposal that we establish and fund a new leadership development program for our junior insurance executives. 1.0 Background At the senior executive staff meeting of September 8‚ 2010‚ the director of operations suggested that Triad Insurance Company of Indianapolis (TICI) establish a leadership development program to prepare junior insurance executives for future advancement into executive positions. Specifically‚ the proposal was to send 20 employees off-site
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One of my weaknesses is being a charismatic leader‚ most of the employees say that if I leave the insurance agency it would fall apart. Sometimes I feel as though I can do no wrong and I am to important to the agency to be let go. I need to cross train more‚ I am the only person in the agency that is an expert in manufacturing risks and the only person that is an expert in surety bonds. This puts the agency in a very volnerable situation and if I should be removed or leave the agency it would be
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paper is going to cover what is supposed to be one of the happiest days in people’s lives‚ their wedding day. I spoke to my cousin who is a Farm Bureau insurance agent and asked her for some ideas on insurance that is out of the ordinary and she directed me to Wed-Sure‚ a specialized agency that covers wedding. When I think of that type of insurance‚ I was thinking that would be used when either the bride or groom backs out at the last minute. I was surprised to see how many different situations can
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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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Apartments‚ asking for damages of $1‚500‚000. George claims that the roof had rotten sections and that his fall could have been prevented if Mr. Munster had told Spacely Construction about the problem. Mr. Munster notified his insurance company‚ Dewey‚ Cheatem and Howe Insurance (DCH)‚ of the lawsuit. DCH must defend Mr. Munster and decide what action to take regarding the lawsuit. George Jetson offered to accept a settlement of $750‚000 which is one option. DCH is also considering a counteroffer of
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Insurance Development & Regulatory Authority Bangladesh List of Insurance Companies in Bangladesh | LIST OF NON-LIFE INSURANCE COMPANIES 1. Agrani Insurance Company Ltd. 2. Asia Insurance Ltd. 3. Asia Pacific Gen Insurance Co. Ltd. 4. Bangladesh Co-operatives Ins. Ltd. 5. Bangladesh General Insurance Co. Ltd. 6. Bangladesh National Insurance Co.Ltd. 7. Central Insurance Company Ltd. 8. City Gen. Insurance Company Ltd. 9. Continental Insurance Ltd. 10. Crystal
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