Role of Insurance in the development of economy
From very rudimentary beginnings, the concept of insurance has travelled a long distance as to become an effective engine for the development of economy. The present day economy, it is…
Insurance as a social security tool
Individual’s income is dependent upon the investment of his time. Over a period of time, he saves sufficiently to provide for the time, when he is too old to earn.…
What is Insurance?
The first preamble to the first English Marine Insurance Statute of 1601 observed that by means of insurance “it shall come to pass that loss lighteth lightly upon many rather…
Health Insurance Policies sold in India
Health Insurance sector has come a long way in India since the opening of the market. Earlier only 2 policies were available. Mediclaim and Personal Accident. However with arrival of…
How to become an Insurance Surveyor
Want to become a Licensed Insurance Surveyor. Read the article for the procedure of becoming a Insurance Surveyor.
Why health insurance is regarded as an imperfect market?
Economists often describe health insurance as an imperfect market. To understand the concept we have to dwelt in deep the features of an imperfect market.
How much health Insurance is required?
The need for medical insurance increases with age. Disease may affect persons of any age may be a child, grown ups, young man or a old man. Accidents and injuries…
Shame on Democracy
June 4 2011 will be remembered as a black day in the annals of the Independent India. The way the government behaved to crush the peaceful movement against corruptions shows…
Licentiate: Last Date of New Registration announced
The Insurance Institute of India has announced the last date of new registration for licentiate examination. The new candidates can register upto 31.1.2011 and by 28.2.2011 by payment of late…