PROFILE OF INSURANCE COMPANIES IN INDIA It was in 1818 when the first Life Insurance Company was established in India by private and foreign insurers. In the twentieth century many medium and large sized foreign as well as Indian Insurance companies cropped up with different objectives all across India. The Government of India issued an Ordinance in 1956 on nationalizing the Life Insurance sector and Life Insurance Corporation (LIC) came into existence in the same year. The Life Insurance Corporation
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is lost. Since recreational vehicles aren’t cheap‚ it’s important that you protect yours. Read below to learn more about recreational vehicle insurance: Types of Recreational Vehicles Typically Covered: Of course‚ each insurance company differs slightly on what types of recreational vehicles they cover. Typically‚ the following are covered by most insurance companies: 5th Wheel: This is a type of trailer that you can camp in. Because it’s on the smaller side‚ many owners assume it doesn’t need its
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Issue VI The Chairman says... Editorial Page 2 Insurance Industry of Pakistan Development‚ Achievements & Initiatives he insurance sector‚ until end-2000‚ was under the regulatory purview of the Federal Ministry of Commerce. During that period‚ the private sector insurance industry was fragmented and suffered from operational inefficiencies‚ lack of professionalism and low unacceptable ethical standards‚ while the public sector insurance companies enjoyed their privileged status and captive
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2013 CAS Online Course 1 Risk Management and Insurance Operations Risk Management and Insurance Operations is called Online Course 1 by the CAS and CA1 by The Institutes. (Prometric lists this course as CAS1 on its Web site under The Institutes.) Online Course 1/CA1 prepares CAS candidates for a two-hour‚ seventy-five-point multiple-choice examination. The online course and exam were developed collaboratively with The Institutes. The online course is available through the CAS Online Courses
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IMPORTANCE OF INFORMATION TECHNOLOGY IN INSURANCE Obtaining of efficient and accurate information in minimum possible time is an integral feature of the insurance sector. The dynamic corporate landscape‚ along with progressively expanding legislation‚ calls for the constant improvement of information technology. Its role being vital in each sector of insurance. 1.Client Data Insurance requires accurate and regular updating of client data records. It is essential for Iformation technology
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"Keepers of traditions" The Marine Corps fighting force is well known all around the world. Each and every Marine wears the eagle globe and anchor on their uniform with pride and dignity. Throughout the decades the Marine Corps not only developed great warriors but also quality citizens. Regardless of our ethnicity we are the band of brothers and we share the same customs and traditions. Among traditions like; mess nights‚ Marine Corps birthday‚ uniform inspections‚ and field day
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savingSaving for the Future (579 words) The Life Insurance Corporation of India‚ which is the biggest Insurance Corporation of India‚ encourages people to save for the future. The habit of saving should be ingrained in man but there is more people nowadays squandering money than saving it. Even an ant has the sense of saving; a beaver in a forest saves food little by little for the rainy season. The rainy season for the animal indicates for man difficult times of need. If you go on saving you have
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Have you ever wondered if men and women who poses the same qualifications receive equal pay within the insurance industry? If so‚ do you believe that in the 21st century men still receive higher pay than women‚ even if a woman’s qualifications exceeds or are equal that of her male coworker? If you answered yes‚ you are correct. Gender inequality in the insurance agency has been an ongoing issue over many years and still exists today. Gender inequality began over time as a result of women becoming
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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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Mayelin Acevedo Paper #1 Assignment Insurance Fraud and PIP Automobile fraud has increased in the past years costing insurance companies millions of dollars in fraudulent claims. Further‚ this cost is being passed to consumers through increased insurance premiums. Insurance fraud is committed through staged accidents‚ fake medical treatment‚ and billing for services not rendered. PIP (Personal Injury Protection) is the primary target of auto insurance fraud in Florida. PIP was implemented
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