Summary |
Future is uncertain and everybody wants to arrange his future in such a way that he, his family, and his assets will be certain in future. This is only achieved through insurance. Thus prosperity, success and future of business and individual depends upon the insurance. In this book every important aspect of the insurance, fire insurance, marine insurance and general insurance are discussed in detained way.
The language has been kept simple and entire discussion has been built on a logical and coherent outlines. The latest development in the field of insurance have all been incorporated at proper place in the book. Thus, this book will meet requirement of students papering at B.Com., BBA, M.Com., MBA examinations of Indian universities.
Contents
• Introduction
• Elements of insurance
• Evolution of insurance
• Role and importance of insurance
• Insurance contract
• Insurance agent
• Investment objectives and risks
• Linked life insurance products
• Annuity
• Principles of life assurance
• Insurance documents
• Classification of policies
• Policy conditions
• Life insurance products
• Premiums and bonuses
• Insurance claims
• Life insurance Corporation of India
• Proposal of Fire insurance
• Computation of premium,
Investment and distribution of profits
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