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LIFE INSURANCE & PRODUCTS PRESENTED BY: Pratik Modi
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What Is Insurance ? ,[object Object]
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Kenneth Black (Jr.) and Harold Skipper (Jr.) have defined insurance under two different perspectives : ,[object Object]
Legal Perspective ,[object Object]
What Is Life Insurance ? ,[object Object]
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In India, Life Insurance business is defined under Section 2 (11) of Insurance Act, 1938, which reads : ,[object Object]
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Essentials of a Valid Contract ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Principles of Life Insurance ,[object Object],[object Object],[object Object]
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Doctrine of Adhesion ,[object Object]
Principle of Indemnity ,[object Object],[object Object]
Main Types Of Life Insurance ,[object Object],[object Object]
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Endowment Insurance ,[object Object],[object Object],[object Object],[object Object]
Term Insurance ,[object Object],[object Object],[object Object]
Annuities ,[object Object],[object Object]
Group Life Insurance ,[object Object]
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Conventional Groups ,[object Object],[object Object],[object Object]
Non-conventional Groups ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Life Insurance Products  ,[object Object],[object Object],[object Object],[object Object],[object Object]
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Life Insurance Products In India ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
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Endowment Plans ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
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Special Plans ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
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Unit Linked Insurance Plan ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],25 % 75 % Not less than 50% Risk 20 % 80 % Not less than 30% Balanced 20 % 80 % Not less than 10% Secured Liquid Debt Equity
[object Object],[object Object],[object Object]
Life Insurance Products of Private Companies ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
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ICICI Pru Forever Life ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
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Birla Sun Life Insurance Company Ltd. ,[object Object],[object Object],[object Object],[object Object],[object Object]
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[object Object],[object Object],[object Object],[object Object]
Bajaj Allianz Life Insurance Co. Ltd. ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
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[object Object],[object Object],[object Object],[object Object],[object Object]
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[object Object],[object Object],[object Object]
Products In Overseas Market ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Universal Life Insurance ,[object Object],[object Object],[object Object]
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Life Insurance

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