COMPARATIVE STUDY OF INSURANCE POLICY
Keywords:
1. LIC - Life Insurance Policy, 2. IRDA - Insurance Regulating Development Authority, 3. HDFC – Housing Development Finance Corporation, 4. ICICI – Industrial Credit and Investment Corporation of India, 5. SBI - State Bank of IndiaAbstract
Before 1956 many insurance companies were in the field of Life Insurance Business. But between 1956 to 1999 there was no alternative of LIC of India to insurance businees. Recently after Insurance Regulating Development Authority (IRDA) act coming into existence some private companies are enter into this field. Due to this LIC of India will have to change in service rendered aspect and try to be more efficient.
In this article I have tried to compare some insurance plans which are recently treated as best plans in the market. From this one policy is covering the risk of policy holder only and another is for saving and getting some money during and after the time limit that is money back policy.
Downloads
References
BOOKS :
Shri. Kuwar A.D -2011, “ A text book of Insurance” for XI and XII Std Published by Vocational Board, Mumbai.
Shri R. C Patel (2010), “ All Life Insurance Products”, Bima Gyan, Ahemadabad
“ZEP” – 2010 , Anant Publication, Ahemadnagar.
“Abhikarta Mitra”, Anant Publication, Ahemadnagar.
MAGAZINES:
“Bima Gyan”, Monthly Magazine Dec. 2011 & May 2011
“Yogshem” from LIC
A study Note on Insurance – By Mr. Sunil Sharma (DO), LIC of India
Brochure of different insurance companies.
WEBSITE:
Life Insurance Coroporation of India http://www.licindia.in/term_assurance_001_benefits.htm
Life Insurance Coroporation of India http://www.licindia.in/periodic_moneyback_003_features.html
