can insurance sector is grown up day by day in india?what is future in this sector i want to say work as a,?
491800
It depends on the economic growth of India seriously. Where are u staying exactly? R u willing to travel if u r given a good job oppurtunity? I dun thk that the insurance sector will improve withiin this two decades. Thats for sure. but twenty years down the road things might be difference. Thats juz my point of view, U can think abt it seriously. Good luck in yr decisions!!!
100788
DramaGuy is almost right.  A claim doesn't always increase the premium of the policy.  It depends on the type of claim and the company.
562451
1st, don't quit your day job just yet. Insurance does make really good money, but it takes time to build up your business. The harder and smarter you work, the bigger reward you will get. But before you get start it. you would need to get licensed.
679321
It depends what type of insurance you want to sell. You can major in Risk Management.
607908
India is still considered as a developing country. I think its gonna take a long time before it can be declared as a developed country.
560913
India is the only country in the world that in the last 5 years have over come as one of the main manufacturing sources of all industries (all Industries!)... India have 2 important and key facts... very qualify human resources at a very low cost... They have converted their industries into a very high quality standards and this have of course make them grow very significantly... Yes they have improved....and keep on improving...
171282
Looking at the global scenario, government will not able to implement it as foreign investors and industrialist in India will not support it. Also it will be very difficult to implement in practical. I feel its only a political issue and will die its own death after some time.
852917
You may contact the office of any of the general insurance company's in your area and ask them if they are recruiting agents. Now there are pvt general insurance cos, other than the govt Co's. If they are recruiting then you may apply. Most of the Co's offer free training while some may charge about Rs.1000 -1500 for a 15 day course (100 hours) from IRDA (Insurance Regulatory Development Authority). At the end of the course u have to appear for an exam - it may be on line - and pass the exam. If u pass the exam you'll be issued a license by IRDA for a period of three years (u have to renew after 3 years appearing again for an exam). \n\nYou can also take a combined license, i.e., one for Life Insurance and one for General Insurance. You have to appear for 150 hrs training if you opt for the combined license. Pls note that you can't be an agent for more then one Life and one General Insurance Co., \n\nAll the best..
240961
Future of all industries in India is going to be good. As the worlds attention is on this country.\n\nBut whatever industry you begin and where ever it is , you must always have enough extra cash for a good unique representation, and marketing.\n\nAdd a dash of honesty and a pinch of quality. And any industry will do well.
675822
This seems to be a sector with a lot of potential.\n\nThere is a pamphlet on the BLS website that goes into detail about the available jobs in the field.
369659
Dear Professor, \nGo and invest in ELSS schemens and some Good insurance for a proper cover and savings.Tax rebate can be your other step.\nYou can invest upto 1 Lacs to get 1 LAc(max) rebate under Sec80C out of which the interest you receive is taxable.\nI can Planout your investment as follows\n\nTerm Insuurance Cover: 25Lacs +10Lacs Accidental Insurance (Expenses Rs.5000, takign your age as 30)-MOST IMPORTANT\n \nELSS (Mutual Fund Special Scheme): Rs.5000*12 months=Rs.60000\n\nPension Plan: Franklin or UTI as it has got debt portion sas well.\n\nThe benefits are that you will eb saving taxes on one hand (nearly 20000 per yr and get a moderate interest.\n\nFurther you should get Medical Cashless insuurance, that also falls in the same category\n\ncontinue paying ur life insurance premia\n\nRemember NSC is a no no these days, no use 6.6% interest that is taxable cannot evenmeet rising inflation\n\nBest of luck\nromesh_model@yahoo.com
642102
biotecnology has loadzz of scope in India as well as abroad there is much to say the best thing u can do is visit the link below.
644865
Always rely on good old public sector insurers in India, I say.\n\nThe private guys have tied up with foreign insurers and they are in it only for the money. The foreigners will limit their losses and run, leaving with the mess for the govt to clean up, as they did in 1956, by nationalising the industry.\n\nThe public sector guys, well they have to put public service before profit, being govt. sponsored
233790
India is growing fast. Visit of International leaders, traders, burocrates, technocrates, tourists are increasing day by day in India. So, scope in the field of hotel management is bright.
18837
HDFC Standard Life launched its unit linked insurance and pension plans. The company has launched 2 products on the unit-linked platform – HDFC Unit Linked Endowment Plan and HDFC Unit Linked Pension Plan. Through their flexible features the plans can be structured according to an individual’s specific needs and risk appetite. The HDFC Unit Linked Endowment Plan will help an individual grow his savings in the long term while providing ongoing risk cover and the HDFC Unit Linked Pension Plan will help him in accumulating a corpus for post retirement life. These plans are targeted at individuals who want to make their own investment choice while choosing their insurance and pension plans. Moreover, the flexibility of increasing premium contributions in an existing account will be of particular help to the unorganised segment of the market in managing their cash flows. \n\nCommenting on the new plans, Mr Deepak Satwalekar, Managing Director & CEO, said, “With this launch we have a complete range of solutions to offer to customers. The unit linked plans will offer a choice of investment options to customers looking for the same. In addition, this launch will help us tap the emerging opportunity of the new pension scheme for the government employees” \n\nHDFC Standard Life is confident of delivering good long-term investment returns to its unit linked policyholders. The company has a good track record in managing policyholder funds and as a result has declared 3 consecutive bonuses in the last three years on its “with profit” products. The competitive charging structure for the newly launched unit linked plans is one of the lowest in the market and will help in delivering better long-term returns to policyholders. The recently launched gratuity plan funds have performed well in the short term, which too is a reflection of the company’s investment expertise. \n\n\nHDFC Standard Life sees its pre-sale advice as a clear differentiator and in pursuance of this strategy, the company is launching its unit-linked plan through specially trained and certified Financial Consultants. HDFC Standard Life Insurance is the only company to have a special training followed by a test before allowing Financials Consultants to advice customers on these products. While elaborating on this Mr. Satwalekar said, “With the flexibility and options offered under the unit linked platform, a well trained Financial Consultant will help a customer structure his plan and derive the maximum value from it. Since the customer will have to monitor his investments periodically, good advise and education by our Financial Consultant will be a key input for the customer to utilise the flexible feature of the plans.”\n\n\n\nThe newly launched plans offer a lot of flexibility to customers. The HDFC Unit Linked Endowment Plan comes with 5 fund options to match a customer’s risk profile. This plan allows the customer to choose the level of life insurance cover he needs and also a optional health cover. In addition the customer can switch monies between funds, re-direct future premiums and also top up premiums to invest additional income. The HDFC Unit Linked Pension Plan comes with 4 fund options and allows customers to switch between funds, re-direct future premiums and top up when needed.\n\nFor further information on HDFC Standard Life Insurance Co. Ltd, do visit www.hdfcinsurance.com.
433214
Should be done on a daily basis.  There is enough of that kind of crap to keep INS busy for years.  They need to make sure they really blast the companies though.
142308
Generally, Yes.\n\nWhole life is essentially a combination of Life Insurance and an Investment plan in one package. The rates of return ( due to higher costs) are usually lower than a similar investment without the insurance. So you could very likely get separate term insurance and a separate investment and do better.\n\nOne exception is the case where you do not meet the health requirements for the best term policies. The underwriting guidelines may be looser for the whole life policies. Some companies may also offer a plan where you start at one rating and are automatically upgrated to a better rate after some period of time (i.e. 2 years)