1 lakh LIC employees protest against proposed IPO
Around one lakh employees of LIC staged a walk-out as the government has decided to sell a part of its stake in the life insurance major through an IPO. The…
DIGITAL PAYMENT REVOLUTION IN INDIAN LIFE INSURANCE SPACE- SYNOPSIS
Abstract Insurance Companies are coping with technological innovation to remain competitive which will boost profitability, enhance customer delight, streamline operations and reduce costs. Gone were the days when customer rush…
THE TIME HAS COME FOR IRDAI TO REVIEW IT’S INSURANCE DISTRIBUTION POLICY
The measure of insurance penetration and density reflects the level of development of the sector. While insurance penetration is measured as the percentage of the insurance premium to GDP, insurance…
STRATEGIES FOR THE LIFE INSURANCE AGENTS TO ACHIEVE TRIUMPH IN SELLING POLICIES
INTRODUCTION: Strategy is a term that comes from the Greek word ‘strategia’, meaning ‘generalship.’ In the military, strategy often refers to maneuvering troops into position before the enemy is actually…
NHPS- National Health Protection Scheme
The Government of India has announced a massive Health Scheme for the downtrodden people of India called the Ayushman Bharat National Protection Scheme to be launched from August 15 this…
CUSTOMER RETENTION MARKETING OF LIFE INSURANCE INDUSTRY
ABSTRACT Presently, marketers consider retaining of customers as a much more challenging job than acquiring customers in the context of growing competitive forces. Thus, the traditional transactional approach of marketing…
Limited Liability Partnership in India: A Hybrid Form of Business
Introduction: In the advent of globalization, ever growing competition in the world economy, it is necessary to integrate the knowledge capital with the risk capital. Cater to the ever growing…
EARLY DEATH OF LIFE INSURANCE POLICIES IN INDIA
Insurance is a long-term business in which customers and the industry benefits if the policies are held for long. But given the poor persistency performance, huge costs and fat commissions,…
A Financial Planning for Human Life Cycle
The potential of Indian life insurance sector is remarkable, though it is at very low level when compared with the global standard. It is call of the time that people…
LIC’s AADHAR SHILA IN THE CONTEXT OF WOMEN
Life insurance is one of the most important financial decisions. Many people die at prematurely every year from illness or accident and when it is the sole breadwinner in the…