The RISE & RISE of LIC
1)Â Â Â Definition of Globalisation. LPG--Liberalisation, Privatisation & Globalisation
World has become boundaryless. Mingling of cultures & customs of different regions. Read more
Life Insurance Today
Why Life Insurers Need Reinsurance Protection?
In life insurance business, India ranked 9th among the 156 countries. During 2010-11, the estimated life insurance premium in India grew by 4.2 per cent. However, during the same period, the global life insurance premium expanded by 3.2 per cent. Read more
Buying and Selling — Life Insurance
Buying and selling are two different, but simultaneous activities arising out of a single act and as a single ‘event’.
They are different because of the individuals involved are of different characters and ‘act’ with entirely different psychological attitudes. Read more
Customers awareness and Satisfaction – Key factors for successful marketing
“Marketing – A direction towards expansion of business activities A successful marketing – A direction towards progressive and prosperity of the business activities” Read more
Launching of Unit Linked Health Insurance by Life Insurers
Introduction:
Both non-life and life insurance companies are keen on cashing in on the growing opportunities in the health insurance segment. They are on course to offer a slew of products, other than Mediclaim, to give more choice to consumers. Read more
Third Party Administrator in Health Insurance?
Gone are the days of the bleak appearance of the health insurance programmes in the  insurance scenario. Now the Indian insurance market resurrects by giving a legal clothing by IRDA on its constitution of the Third Party Administrator Regulations. Read more
Develop Lifetime Ties
You can’t be content selling somebody something in one shot, if for the same time and effort you could position them and set the stage for them to want to come back every month and buy from you. Don’t set up a relationship with a customer unless you can set it up for a lifetime of purchasing transactions. Read more
Modern Market Driven strategies of LIC- an Overview
Introduction:Â
The development of mankind from Adam and Eve is customized to change. The change is a common phenomenon which originates from the destruction of one living being and ends with the introduction of another. Read more
Planning Investment Portfolio
Investment is the employment of funds with the aim of achieving additional income or growth in value. It is allocation of monetary resources to assets that are expected to yield some gain or positive return over a given period of time. Read more
The need to cover the death risk should be predominant of all the needs
Life Insurance Products cover the risk of financial losses due to premature death. They also cover the risk of living too long by making payment in lump sum or in installments at old age. But generally, the risk coverage in life insurance means ‘covering the risk of financial losses due to the death of the life insured’. Read more