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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the impact of competition in the field of Insurance Industry Huge opportunity seen in pet life insurance Priya Sheth With rising veterinary costs‚ there is an increasing demand for health insurance for pets‚ although this product is currently not available. On the other hand‚ pet life insurance which is available‚ finds hardly any takers. “Pet health insurance as a product is not available in India today due to the small market size of pet insurance. Due to the high costs of maintaining a
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MARINE INSURANCE Marine insurance is the indemnity for the loss of cargo or damage to ships during the shipment. The risks that marine insurance covers are fire‚ seizures‚ wars‚ accidents or causalities which take place over the sea. The winds and waves are not included as risks in the marine insurance. The Indian Marine Insurance Act‚ 1963 is imbibed from the Marine Insurance Act‚ 1906. Though the Marine Insurance Act is deep in its insurance coverage‚ it does not provide for losses that occur
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Dental Insurance in India [pic] Introduction There are various kinds of health/medical insurance in modern times‚ and insurance for dental health is one of its significant aspects. Dentistry is a medical discipline that addresses the oral health of an individual. Dental insurance is offered to individuals and families who obtain their dental insurance coverage through large groups or through their employers or people go for Dental Insurance on individual basis. Dental Insurance covers
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Rural Insurance in India the untapped waters The real source of marketing promise is not wealthy few in the developing world‚ or even the emerging middle income consumers. It is the billions of aspiring poor who are joining the market economy for the first time. ---C.K.Prahlad Rural India is where the next ‘big’ opportunity is. Indian rural market constitutes
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PROGRESSIVE INSURANCE In Partial Fulfillment of the Requirements in MGT248 – Production and Operations Management Submitted to: Reynaldo C. Navacilla‚ MPA Professor Submitted by: Alvarez‚ Althea Grace Corda‚ Jennifer Maglinte‚ Kina Matuguina‚ John Oliver Rivera‚ Donita Marel Romea‚ Jonna Lynn Siblos‚ Quennie Jane BSA -3A MWF / 2:35-3:35pm / C405 November 21‚ 2011 INTRODUCTION The Progressive Insurance otherwise‚ known as the Progressive Casualty Insurance Company‚ provides
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6/4/2015 Ethiopian Insurance Coorpration About Us Financial Service Side Menu Background OrgStructure & Staff Development Vision & Mission Investment & Inteational Affiliation Reinsurance Publication Branches News Forms Contact Us Search Articles FAQ Company Profile HISTORICAL BACKGROUND Ethiopian Insurance Corporation (EIC) was established in 1976 by proclamation No.68/1975. The Corporation came into existence by taking over all the assets and liabilities of the thirteen nationalized private insurance
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Tort Scenario Paper Crystal Cunningham‚ Robert Harrison‚ Billie Miller‚ Tyler Pierce‚ and Jennifer Sorensen University of Phoenix Business Law BUS415 Page Beetem May 30‚ 2011 Scenario One What tort actions do see and the identity of potential plaintiffs? Intentional battery - (Plaintiff‚ Malik v. Ruben) Malik can file a claim against Ruben for pushing him. Ruben would be liable for any physical harm sustained due to the physical contact. Unintentional negligence- (Plaintiff‚ Malik
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Types of Life Insurance Policy Term Policy Term life insurance is the most affordable type of life insurance available. It is designed to meet temporary life insurance needs; providing protection for a specified period of time‚ the term. For example‚ a term of 10‚ 20 or 30 years. This type of life insurance makes sense if you have financial needs that will diminish over time‚ such as a home mortgage or a child’s tuition. Each year‚ a premium is paid to cover the risk of death during that year
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Health Insurance Attention Getter: Did you know that at least 50 million people in the US as of 2013 are without health insurance? What if you are one of these people and got seriously ill‚ you would want to be covered right? I believe everyone should have some form of health insurance. Specific Purpose: To persuade my audience that everyone should be entitled to or covered by health insurance. Overview: This morning‚ I’d like to talk to you first about the need of health insurance‚ second
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