SlideShare a Scribd company logo
Guided by-

             Professor -   Neelam
                           agarwal.
What is insurance ?

        Introduction to life insurance

           Types of life insurance

Procedure of taking out life insurance policy

 Claim settlement under life insurance policy

Surrender value and paid up value of life policy

                  conclusion
 General   contract
 Insurable   interest
 Utmost   good faith
 Warranties

 Assignment    and nomination
 Return   of premium
Whole life    Endowment       Joint life
 policy         policy         policy


  Double                       Group
                Annuity
 accident                    insurance
                 policy
  policy                       policy


Convertible
                               Jeevan
 whole life   Janta policy
                             sathi policy
  policy
1.   Submission of proposal form
2.   Agent’s report
3.   Doctor’s report
4.   Certificate of age
5.   Scrutiny of documents
6.   Acceptance of proposal
7.   Payment of first premium
Submission of claim form
along with proof of death



    Proof of title



    Proof of age



 Making payment
Surrender
  value     Paid- up
             value
Safety is a cheap
   and effective
 insurance policy.
 www.google.com
 www.  Management paradise .com
 Lic.com
 Organization of commerce
 Banking and insurance vipul prakashan.
Life insurance by-   jagruti godambe
Life insurance by-   jagruti godambe

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Life insurance by- jagruti godambe

  • 1.
  • 2.
  • 3. Guided by- Professor - Neelam agarwal.
  • 4. What is insurance ? Introduction to life insurance Types of life insurance Procedure of taking out life insurance policy Claim settlement under life insurance policy Surrender value and paid up value of life policy conclusion
  • 5.
  • 6.
  • 7.  General contract  Insurable interest  Utmost good faith  Warranties  Assignment and nomination  Return of premium
  • 8. Whole life Endowment Joint life policy policy policy Double Group Annuity accident insurance policy policy policy Convertible Jeevan whole life Janta policy sathi policy policy
  • 9.
  • 10. 1. Submission of proposal form 2. Agent’s report 3. Doctor’s report 4. Certificate of age 5. Scrutiny of documents 6. Acceptance of proposal 7. Payment of first premium
  • 11. Submission of claim form along with proof of death Proof of title Proof of age Making payment
  • 12. Surrender value Paid- up value
  • 13. Safety is a cheap and effective insurance policy.
  • 14.
  • 15.  www.google.com  www. Management paradise .com  Lic.com  Organization of commerce  Banking and insurance vipul prakashan.