Spam Prats Jan 06, 2010 No Comments
Insurance policies are a huge sector in India that is growing rapidly at a speedy rate of 15-20%. The insurance sector is just about 450 billion yet 80 percent of the population in India is not assured. This gives you a glance into the vast growth chances that exists for this segment. The insurance industry in India mainly consists of two main kinds, the Life Insurance Corporation (LIC) and General Insurance Corporation (GIC). Approximately 100 divisional offices and 2000 branch offices are functional for LIC. As LIC provides to life insurance, health insurance, property and accident insurance it needs an increasing number of employees in these sectors. If you want to take any policies regarding to your life, vehicles, house, medical & others and you don’t get the sufficient information about these, then you must go through online services. It gives you more and more information related to insurance. And it can help you to get right policies in insurance sectors.
Thus insurance companies in India are growing vertically and horizontally bringing growth in insurance sectors and employment opportunities_
Finally, government monopoly of Insurance India for the last three decade, Insurance Regulatory and Development Authority (IRDA) issued certificates of registration to three private insurance companies. The three companies are respectively_ Reliance General Insurance Co. Ltd., HDFC Standard Life Insurance Co. Ltd., and Royal Sundaram Alliance Insurance Co. Ltd.
IRDA has also determined to fund ‘in-principle clearance’ for registration of three other companies – ICICI Prudential Life Insurance Co. Ltd., Max New York Life Insurance Co. Ltd. and IFFCO Tokio General Insurance Co. Ltd. – “subject to satisfaction of certain conditions.” The companies have been asked to presents more & extra information about their businesses.
There are numerous Insurance Companies in India which offer online facilities for registration. These are; Reliance Life Insurance Co., Kotak Mahindra Old Mutual Life Insurance, Tata-AIG (Life), Tata-AIG (non-life), Birla Sunlife and Bajaj Auto Ltd. Buy Insurance in India and make your life easy & safe.
Source: www.articlesbase.com
Leave a Reply