After going through this unit you should be able to
Develop an understanding of life insurance basics and itsimportance
Understand various types of life insurance policies offered byinsurance companies
Mention the suitability of various life insurance policies todifferent persons with variety of needs.
Know various documents prepared by insurance company for a life insurance contract.
Explain the procedure to handle death claims and maturityclaims
Understand pricing objectives and elements of life insurance.
Understand procedure of underwriting of new business