Bancassurance is the selling of insurance products via banks. Banks sell various types of bancassurance products and earn revenues. The concept of bancassurance originated in […]
Tag: insurance
What is a Combined Ratio? Definitions, Examples, Analysis
The combined ratio helps the insurance company measure operations and the daily performance. In other words, it measures the operational profitability of the insurance company. […]
Principles of Insurance – Definitions, Rules, Principles
Introduction The concept of insurance is built around 7 principles. These are the pillars on which insurance stands upon. To ensure the proper functioning of […]
Types of Life Insurance
Introduction A life insurance plan is a contract between an insurance policyholder and an insurance company, where the insurer promises to pay a sum of […]
LIC IPO Buy or Not – What is LIC’s Business Model?
The Union government is all set up to file DRHP (Draft Red Herring Prospectus) for the mega IPO of LIC with the market regulator SEBI. […]
Types of Treasury Bills – Definitions, Types, RBI, Highlights
The Government of India needs funds to meet its long and short-term financial obligations. To meet such requirements, they approach the general public. They offer […]