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How is the insurance industry growing in India?
With the introduction of globalisation and privatisation, insurance industry in India is grooving more than 15% per annum. It is second highest after IT industry. The GDP in expected to grow by 10.00 per cent agriculture by 4 per cent and industry by 12.00.
What was the role of insurance in ancient India?
The writings talk in terms of pooling of resources that could be re-distributed in times of calamities such as fire, floods, epidemics and famine. This was probably a pre-cursor to modern day insurance. Ancient Indian history has preserved the earliest traces of insurance in the form of marine trade loans and carriers’ contracts.
How many types of life insurance are there in India?
There are primarily seven different types of insurance policies when it comes to life insurance.
What should be included in an essay on insurance?
Essay on the Fundamental Principles or Features of an Insurance Contract Essay on the Advantages/Utilities/Importance of Insurance Essay # 1. Meaning of Insurance: Risk and uncertainty are incidental to life. These risks and uncertainties are increasing day by day due to increase in fastness of life. Man may meet an untimely death.
Last Update: Oct 2021
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Greeley
24.10.2021 08:28
The public health-care base in rural areas has been formulated as a three-tier system based on.
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27.10.2021 03:03
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It is the minimum required requirement for complete motorised vehicle owners, as per the motor vehicles enactment of 1988.
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