Group members

1. Vijaya Dalvi- 7417

2. Jagruti Godambe 7434

3. Vaishali Khare 7448

Professor - Neelam agarwal.

Guided by-

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

What is insurance

Introduction to life insurance

Features of life insurance contract

General contract

Insurable interest

Utmost good faith

Warranties

Assignment and nomination

Return of premium

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

Problems anek solution ek

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

Claim settlement under life insurance policy

Submission of claim form along with proof of death

Proof of title

Proof of age

Making payment

Surrender value and paid-up value of life policy

Surrender valuePaid- up value

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.

Sources

www.google.com www. Management paradise .com Lic.com Organization of commerce Banking and insurance vipul

prakashan.

ceteris paribus

ALL THE BEST !!!