Importance of life insurance articles
[PDF File]Estate planning using life insurance
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Life insurance can be used to maximize your wealth and pass it on to the people or causes that are important to you with less risk and the potential for greater tax efficiency. One of the most common ways of using life insurance in a wealth transfer plan is by using it in conjunction with
[PDF File]HOW INSURANCE DRIVES ECONOMIC GROWTH
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Leading life insurers partner with a non-profit organization called Life Happens to educate consumers about life, disability and long-term care insurance. A few groups supported by the property/casualty industry include the Insurance Institute for Highway Safety (IIHS) and the Insurance Institute for Business & Home Safety (IBHS).
[PDF File]OVERCOMING BARRIERS TO LIFE INSURANCE COVERAGE: A ...
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There are three primary places individuals buy life insurance. The individual market for life insurance accounts for 57 percent of all life insurance dollars in force at the end of 2011. Group life insurance, typically offered through an employer, accounts for 42 percent of the dollars and almost 40 percent of the policies in-force in 2011.
[PDF File]Different Types of Insurance
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Explain the purpose and importance of different types of insurance protection as a risk management strategy (e.g., life, health, property, liability, disability, and ... The main purpose of life insurance is to insure against loss of income due to death and can also be used for retirement planning and investing. It is the one kind of insurance
[PDF File]Factors Affecting the Profitability of Insurance Companies ...
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The role and the importance of insurance companies in the economy Recent research (Naveed, Zulfqar, & Ahmad, 2011) have shown that the efficiency of financial intermediaries and risk transfer, may affect economic growth, while at the same time the lack of their solvability lead to systemic crisis, which bring
Customer Satisfaction Factors in Life Insurance Growth in ...
Life insurance business leaders need to give customer satisfaction strategic importance to increase the life insurance growth rate (Akotey & Adjasi, 2015; Kobylanski & Pawlowska, 2012). Although the life insurance business in Ghana seems to outperform nonlife business, at a sustainable growth rate of 35% in 2008 to 44% in
[PDF File]A STUDY ON FACTORS AFFECTING CUSTOMERS INVESTMENT …
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KEYWORDS: Customers, Life Insurance Policies, LIC, Investment, Socio-Economic Factors. _____ INTRODUCTION Life insurance is a must for everyone because life is very precious. With a population of over one billion, national and international life insurance companies, see india as a land of opportunities and a market for big business.
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