Insurance Concepts: Life Insurance

  1. What is Insurance Repository? “Insurance Repository” means a company formed and registered under the Companies Act, 1956 (1 of 1956) and which has been granted a certificate of…

This is a policy issued on the fire policy form with a Reinstatement Value Memorandum. The salient features are:

Always assign yourself just a little more work than you can comfortably fit into the course of a day. This practice makes one too busy to stop and lose time…

The 1988 Act requires issue of a Certificate of Insurance by the insurers as proof of Third party insurance to satisfy the requirements of Chapter XI of the Act.

Typically, all salespeople use one of the following types of sales presentations.

A typical day in a salesperson’s life includes making certain number of calls, opening of new accounts, analysing  the account lost, if any, sales presentation, closing of initiated sales preparing…

Some people say salesmen are born salesmen while others believe that training can help in making good salesmen. Irrespective of these opinions, good salesman has certain qualities and abilities as…

If your insurer labels you as a smoker, it places you in the smoker risk category. This means your premium will be higher than it is for nonsmokers

Japan’s Nippon Life has said it plans to bring the practice of post-sales services to the Indian insurance industry through its partnership with Reliance Life in the country.

Insurance in India was traditionally bought by customers more as a tax saving investment rather than to protect the family's future from adversities in life.