1. www.finerva.com | support@finerva.com | +91-9787-11-11-66
Insurance
Principles & Applications
J. Karthikeyan, Director, Finerva

2. www.finerva.com | support@finerva.com | +91-9787-11-11-66
History of Insurance
Insurance as a form originated during 13th and 14th
Century.
India…..
First Life Insurance company:
Sun Insurance Office Ltd. Kolkata (1710)
First Indian Insurance Company
Bombay Mutual Life Society Limited (1870)

3. www.finerva.com | support@finerva.com | +91-9787-11-11-66
Insurance
A Tool for Risk Management
Functions based on Principles
1. Law of Large Numbers
2. Law of Indemnity
3. Law of Utmost Good Faith
4. Law of Insurable Interest

4. www.finerva.com | support@finerva.com | +91-9787-11-11-66
Do I Need Insurance?
Do you love your loved ones till you are alive or
till they are alive?
Needs
1. Milestone Planning
2. Income Replacement
3. Retirement Planning

5. www.finerva.com | support@finerva.com | +91-9787-11-11-66
ULIPs – The Talk of Town (Industry)
Premium
MortalityAdmin Charges Investment

6. www.finerva.com | support@finerva.com | +91-9787-11-11-66
LifeTime Super
• Unique Selling Proposition
– Flexibility
• Premium Amount
• Life Cover
• Liquidity
• Premium Payment term

7. www.finerva.com | support@finerva.com | +91-9787-11-11-66
Closing Remarks
• Why I sell Insurance?
• What you can do?
– Be aware of risks
– Protect Yourself and Your Loved Ones
– Tell Others

8. www.finerva.com | support@finerva.com | +91-9787-11-11-66
Queries
• Thank you!!!
FINERVA TM

9. www.finerva.com | support@finerva.com | +91-9787-11-11-66