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What is the role of LIC in national buildings?
The LIC is the Life Insurance Corporation of India. The role of the LIC in nation building is to spread the message of life insurance in the country. Life insurance mobilizes and promotes saving in the country.
What is role of actuaries in life insurance?
Actuaries in life insurance play a crucial role in assessing risk and determining premium rates by analyzing statistical data related to mortality, morbidity, and other factors. They use mathematical models to project future claims and ensure the financial stability of insurance products. Additionally, actuaries help design insurance policies, evaluate reserves, and ensure compliance with regulatory requirements, ultimately contributing to the sustainability and profitability of the insurance company.
A law firm needs a geographer who can interpret historical data about mining claims and determine disputed versus non disputed boundaries. such a person might me a(n) who taps historical information?
historical mining claims data. A geographer with expertise in historical data analysis and interpretation would be the ideal professional for this role.
Is a life insurance company an example of financial intermediaries?
Though Life Insurance Company plays the role of financial intermediary, technically an Insurer is governed by Insurance Regulator of the country and has got separate entity of its own.
What type of life insurance sale does not include an agent?
When a person buys a policy online from an insurance company,there is no role of an agent in the whole process.
What is the role of auto insurance brokers?
The role of auto insurance brokers is to sell some type of insurance. For example, the role of insurance brokers is to sell insurance on behalf of different insurance companies.
What is the role of insurance in business world?
What is the role of insurance in business world
What is the role of a data administrator in system development life cycle?
Data Administration Guidelines for Institutional Data Resources http://www.mais.umich.edu/access/download/daguide_march2004.pdf
Role of computers in life insurance companies?
Using computers helps underwriters analyze information in insurance applications to determine whether a risk is acceptable and will not result in a loss.
What is a unique benefit life insurance has?
The unique benefit the life insurance policy provides is that though life cannot be substituted by monetary considerations, but the former plays a pivotal role in the event of the crisis period when the main bread winner of the family passes away.
What is the role of the California Insurance Commissioner?
The role of the California Insurance Commissioner is to oversee and direct the functions of the insurance department, to license, regulate and examine insurance companies.
Define the role of an buyer in short term insurance?
what is the role players in the short term insurance industry
