Professional Documents
Culture Documents
INSURANCE
shivali sareen
10808665
rr1804a12
contents
Objectives
What is insurance
Types of insurance
IRDA
Types of general insurance
4 I’s in general insurance
General insurance rules
Claims procedure
findings
Recommendations
conclusion
objectives
What is INSURANCE
Life insurance
Non - Life Insurance
(general insurance)
Types of Insurance
Auto insurance
Travel insurance
Health insurance
Assets insurance
IRDA
The Insurance Regulatory and Development Authority
(IRDA) is a national agency of the Government of
India, based in Hyderabad.
It was formed by an act of Indian Parliament known as
IRDA Act 1999.
Mission of IRDA
To protect the interests of the policyholders, to regulate,
promote and ensure orderly growth of the insurance
industry and for matters connected therewith or incidental
there to.
4 I’s of insURANCE service
General insurance
Insurance of Property
Insurance of
Auto
Insurance of
Travel
Insurance of Health
Auto insurance
Property coverage
Liability coverage
Medical coverage
Home insurance
additional coverage.
Health insurance
Theft
Accident
Uncertainty
Other Types of
Insurance Coverage
Product levels
Some of the General Rules
Reasonable care
Fraud
Miss-description
Risks of loss not covered under general
insurance
geNerAL INSURANCE COMPANIES
1. Bajaj Allianz
Documents required while making a
claim
Provide Protection
Collective bearing of risk
Assessment of risk
Prevention of Losses
Risk Free trade
Contemporary ISSUES IN INSURANCE
FINDINGS
RECOMMENDATIONS
CONCLUSION