What is health Insurance ?
Health Insurance is a way to distribute the financial risk associated with the variation of individual's health care expenditures by pooling costs over time (pre-payment) and over…
Problems involved in Risk Financing through the use of contingency fund
Sometimes, some organizations desire to retain risks internally to cope up with large and unpredictable losses and charge them against operating costs. The idea is to…
Steps of formulating Risk Management Program in a corporate enterprise
Regardless of the type of companies and the type of management, it is highly desirable that there be an overall corporate risk philosophy is agreed upon and a set of…
Effective risk management, depends to a large extent, on the use of probability concepts.
Effective risk management truly depends to a large extent on the use of probability concepts. Particularly, probability concepts are used to estimate: (i)the average number of losses…
CARRIAGE OF GOODS BY MULTIMODAL TRANSPORT
Introduction In International Trade the movement of cargo is frequently done through more than one carrier and more than one mode of transport. Normally, the consignor used to engage individual…
Tenders for Rs 100 crore farmers’ health insurance scheme soon
The state directorate for agriculture and food production, which has been appointed as the nodal agency for implementing the farmers' insurance scheme under the Biju Krushak Kalyan…
On-line selling of term plans & availing other effective forms of life insurance distribution in this new age
Introduction: Long-term disability insurance helps to replace the income if one is unable to work due to illness or injury. Illness and injury can happen at any…
Health Insurance in Rural India
Gandhiji said, "If you want to develop India, you should develop rural people as 80% of the Indian live in Villages". Ironically, so far no serious attempt has been made…
MATERIAL FACT – THE MOST IMPORTANT ASPECT OF UNDERWRITING THE PERSONAL LINE POLICIES COVERING HUMAN LIFE – IN CURRENT INDIAN INSURANCE MARKET
Generally all insurance contracts are contract of indemnity except contract of personal line insurance covering human life e.g. personal accident insurance policies, health related policies and…
Marketing Jinx and Techniques
Time and again, it is often-recalld that Marketing is only restricted to the business enterprises. But it is not so.