This document acknowledges and thanks the many people who helped complete an insurance project. It thanks the project coordinator for explaining the new concepts, as well as friends and family for their support and the librarian for helping find information. It also thanks two classmates specifically for guiding the project in the right direction and enriching it.

1. ACKNOWLEDGEMENT
Any project or the task requires the efforts of many
people without which it cannot be completed. We gratefully
acknowledge and appreciate those people who have helped us to
complete our project as without their help it won’t might have
been possible. Our family and friends who has accepted our total
negligence towards them while working on this project. Whole
heartedly the credit of this project goes to Mrs. Bhavika,
coordinator, B.Com (Banking and Insurance) who has spent time
for explaining the concept of this project which was totally new to
us. We are thankful of those people to provide us the best
possible information for our project. Lastly, we would like to
thank Prof. Anuja Jadhav the librarian of our college, who have
helped us lot to find out information about ‘UNDERWRITING
IN INSURANCE SECTOR’ from various books, magazine,
journals etc…
Also Thanks to T.Y.B com (B&I) friend’s pradnya and
Poonam who have shown us the right path to our project and
have enormously enriched our project.

2. INDEX
SR.NO TOPIC PAGE NO
1. INTRODUCTION 2-9
2. REVIEW OF LITERATURE 10 - 11
3. ABOUT INSURANCE AND IT’S WORKING 12 - 17
4. UNDERWRITING IN LIFE INSURANCE 18 - 25
5. UNDERWRITING IN FIRE INSURANCE 26 - 38
6. UNDERWRITING IN MOTOR INSURANCE 39 - 50
7. UNDERWRITING IN MARINE INSURANCE 51 - 62
8. OVERVIEW 63 - 68
9. CONCLUSION 69 - 70
10. SUGGESTIONS 71 - 72
11. BIBLIOGRAPHY 73 - 75