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Long term insurance sub sector definition?
The long-term insurance sub-sector refers to insurance products designed to provide financial protection over an extended period, typically covering risks associated with life, health, and disability. This includes life insurance policies, annuities, and long-term care insurance, which are often structured to support policyholders and their beneficiaries in the event of unforeseen circumstances. The focus is on managing risks that can have significant long-term financial implications, ensuring stability and security for individuals and families.
What are the Appliance repair firms tax consultants law firms and insurance companies are all business firms that are part of the?
Service Sector
Who bought out southwestern Life Insurance?
In 1998, Southwestern Life Insurance Company was acquired by the American National Insurance Company. This acquisition allowed American National to expand its portfolio and enhance its operations within the life insurance sector. Southwestern Life, originally established in 1900, had a long history prior to the buyout.
Examples Tertiary Sector businesses?
-Telecommunications -Banking and insurance -Publishing and broadcasting
What is meaning of Irda?
IRDA stands for the Insurance Regulatory and Development Authority of India. It is a statutory body established to regulate and promote the insurance industry in India, ensuring consumer protection and fair practices. The authority oversees the functioning of insurance companies, sets guidelines, and ensures that the industry operates in a transparent and efficient manner. Its primary aim is to facilitate the growth of the insurance sector while safeguarding the interests of policyholders.
What are the advantages of insurance sector in a country?
The insurance sector makes sure that people are willing to take risks. The insurance sector also employs a lot of people.
Who regulates the insurance sector in India?
Insurance sector in India is regulated by 'Insurance Regulatory Development Authority (IRDA).
Career objectives and goals for insurance sector?
career objectives in the insurance sector as claim handler
Which is grammatically correct - why are you against of insurance sector or why are you against the insurance sector?
"Against of" is not a good combination, so your second version is better. However, I would suggest "Why are you opposed to the insurance sector?" as a clearer question.
What is privatization of insurance sector?
Privatization of insurance sector means that the sector is transferred from the hands of the government to private individuals. The decisions and operations of a privatized sector are fully transferred to the new private owners.
What are the advantages in privatization of insurance sector?
Some of the advantages of privatization in the insurance sector are that diverse new products can come up as a result of competition. Competition in the insurance sector usually leads to the competitive pricing of various covers.
Growth in insurance sector in India?
the Indian insurance sector is projected to grow from about rs.28000 crores in 2006-07 to rs.50000 crores in 2012-13. describe the growth & evolution in the insurance sector in India.
What are the Name five private sector insurance companies?
Some private sector insurance companies aremet lifemax new yorkprudentialetc
What are finance topics on insurance sector?
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What is the wrp in insurance sector?
Weighted received premium
What is bfsi sector?
Banking Financial Services and Insurance
What is the meaning of SA in insurance sector?
Sum Assured
