A case study

presentation

Presented by:
Amit
Kumar Choudhury

Case fact
Vikram is a employ of Tryo corporation
Vikram join to this corporation because of their
aggressiveness and risk taking attitude.
He was having health insurances of Rs.50,000 for
himself & his wife
Ranjit one of the intimate friend of vikram has
suffering an accident and he died.
Ranjit having a whole life insurance policy for
their daughter priya 3 yrs ago.
This policy had some rider benefits which enabled
to get a total 30 lakh.

Various risks faced by Vikram?

Family health issues
At the age of 25 he felt quite comfortable through
not secure in his job
He had no insurance coverage, expect health
insurance
His old parent health risk
Children's higher education
Premature Death
Old age existence

How Vikram can be more responsible?

By doing insurance policy
Term plan
Life insurance
Joint life policy (for him & his spouse)
Children plan for his daughter
Health insurance plan for his family
Pension plan (self)

Risk reduce by vikram for his family

To get a secured job (as experience is with him)
Different type of insurance policy
Different type of pension plan
Rider benefit plan (Hospitality)

Several risk reducing components

No insurance is not the only way of reducing
risk
Various risk reducing component are: By having saving account
Fixed deposited plan
Investing in Recurring Deposited (RD)
Investing in Govt. bond
Investing in mutual fund
Investing In various fixed asset like (Gold, land,
etc)

YVal ue s

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