Tuesday 27 November 2012

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Monday 22 October 2012

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We have to pay a premium to live after the death of freedom. "

Life insurance guarantee full protection against risk of death by saving saver. Life insurance, death, determination of costs and savings plans, the same amount (interest) (with bonus where applicable) will be saved when it is offered to be paid.

Life Insurance b) the total amount of the contract expire after a certain time, it is a human life, and c) provides, or provided as a security generally accepted way of life that death.A) features one commercial loan.

Non-life insurance

"Each property value, economic value and commercial property security-related public policy."

Non-life insurance, life insurance, such as fire, marine, accident, medical, motor vehicle and household insurance products other than insurance. Building owner, vehicles, machinery and other tangible assets, asset information can be in the form. Physical form, because it is a strong asset in the uniform, subject to many risks and dangers of fire, theft and robbery.
Some general insurance policies:

Property Insurance: This is the most valued possession. Under the policy, a policy designed to cope with various risks. It provides insurance and family property and a security interest.


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Catastrophe insurance to protect against financial disaster. "

The simplest type, insurance, offset the effects of their misfortune, someone may suffer a loss or accident. It's your body, and helps to protect the financial situation you are everyday hazards.

Insurance in India without any restriction began in the nineteenth century. Mostly in large urban centers, some British insurance companies dominating the market working: This is a typical story of the colonial period. After independence, it took a dramatic turn. Nationalized insurance. First, the life insurance companies in the nation after 1956, the nationalization of general insurance business in 1972. 1999 a maximum of 26% foreign holding private insurance companies would only be allowed to re-insurance business.


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The insurance industry is enormous and very threatening. Insurance sold nearly anything you can imagine everything. Determining what the right time, you can be the most difficult task."

Protection of the property has been extended beyond the insurance firm ideas. Now the sudden changes in currency exchange rates, political turmoil damages, liability due to negligence and even discussed.

State Bank of India Bank guarantee its plan to enter the game brings a new dynamics. The collective experience of other countries in Asia has already deregulated their markets and has allowed foreign companies to participate. The experience of other countries is any guide, the life insurance company and the insurance company is not going to disappear any time soon dominated.

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Otherwise insurance to protect you against financial disaster that brought a disaster. "

In the simplest type, insurance, offset the effects of their misfortune, suffer a loss or accident to anyone. It's your body, and the financial situation at home helps protect you against everyday hazards.

Insurance in India began in the nineteenth century without any control. Often working in large urban centers, some British insurance companies dominating the market: This is a typical story of a colonial era. After independence, it took a dramatic turn. Nationalized insurance. First, after the nationalization of life insurance companies in 1956, the general insurance business was nationalized in 1972. A maximum of 26% foreign holding private insurance companies should be allowed to re-insurance business that was only in 1999.


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