Life insurance by- jagruti godambe
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Transcript of Life insurance by- jagruti godambe
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Group members
1. Vijaya Dalvi- 7417
2. Jagruti Godambe 7434
3. Vaishali Khare 7448
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Professor - Neelam agarwal.
Guided by-
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What is insurance ?
Introduction to life insurance
Types of life insurance
Procedure of taking out life insurance policy
Claim settlement under life insurance policy
Surrender value and paid up value of life policy
conclusion
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What is insurance
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Introduction to life insurance
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Features of life insurance contract
General contract
Insurable interest
Utmost good faith
Warranties
Assignment and nomination
Return of premium
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Types of life insurance policies
Whole life policy
Double accident
policy
Convertible whole life
policy
Janta policy
Annuity policy
Endowment policy
Joint life policy
Group insurance
policy
Jeevan sathi policy
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Problems anek solution ek
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Procedure of taking out life insurance policy
1. Submission of proposal form2. Agent’s report3. Doctor’s report4. Certificate of age5. Scrutiny of documents6. Acceptance of proposal7. Payment of first premium
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Claim settlement under life insurance policy
Submission of claim form along with proof of death
Proof of title
Proof of age
Making payment
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Surrender value and paid-up value of life policy
Surrender valuePaid- up value
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conclusionLife is a precious gift given by god, so the prime
responsibility of eachAnd every individual is to safeguard their life by
taking out life insurance policy.
Safety is a cheap and effective
insurance policy.
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Sources
www.google.com www. Management paradise .com Lic.com Organization of commerce Banking and insurance vipul
prakashan.
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ceteris paribus
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ALL THE BEST !!!