Insurance

CHAPTER 1 INTRODUCTOIN 1 1.1 INTRODUCTION TO THE STUDY Everyone is exposed to various stakes. Future is very uncertain, nevertheless there is way to protect ones family and exact ones childrens future safe. Life redress constitution companies help us to ensure that our familys future is non just secure but also prosperous. Life indemnification is particularly important if you ar the sole breadwinner for your family. The loss of you and your income could liquidate your family. Life insurance exit ensure that if anything happens to you, your loved ones will be able to manage financially. This study titled field of Consumers Perception about Life indemnity Policies enables the Life insurance policy Companies to understand how consumers perception differs from person to person. How a consumer selects, organizes and interprets the answer quality and the product quality of different Life Insurance Policies, offered by various Life Insurance Companies. Insurance is a tool by which fatalities of a small number be compensated out of funds (premium fabricatement) collected from plenteous. Insurance companies pay back for financial losings arising out of occurrence of assure events e.g.

in personal accident policy death cod to accident, in come off policy the insured events are fire and other allied perils like riot and strike, explosion and so on hence insurance safeguard against uncertainties. It provides financial recompense for losses suffered due to incident of unanticipated events, insured with in policy of insurance. Moreover, through a number of acts of parliament, specific types of insurance are legally enforced in our country e.g. third troupe insurance under motor vehicles Act, public liability insurance for handlers of hazardous substances under environment protection Act. Etc. 2 WHAT IS INSURANCE It is a usually acknowledged phenomenon that there are countless risks in any sphere of life .for property, there are fire risk; for shipment of goods. There are perils of sea; for... If you want to compensate a full essay, order it on our website: Ordercustompaper.com

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