SlideShare a Scribd company logo
Dear students get fully solved assignments
Send your semester & Specialization name to our mail id :
help.mbaassignments@gmail.com
or
call us at : 08263069601
NMIMS Global Access
School for Continuing Education (NGA-SCE)
Course: Marketing of Financial Services
Internal Assignment Applicable for December 2016 Examination
Assignment Marks: 30
Instructions:
 All Questions carry equal marks.
 All Questions are compulsory
 All answers to be explained in not more than 1000 words for question 1 and 2 and for
question 3 in not more than 500 words for each subsection. Use relevant examples,
illustrations as far as possible.
 All answers to be written individually. Discussion and group work is not advisable.
 Students are free to refer to any books/reference material/website/internet for attempting
their assignments, but are not allowed to copy the matter as it is from the source of
reference.
 Studentsshould writethe assignmentin their own words.Copying of assignmentsfromother
students is not allowed.
Question. 1. One week ago you bought a ULIP from a private Life
Insurance company. On receiving the policy copy, you realize that
the Life Insurance policy was mis-sold. Would it be possible for you
to return the policy? What strategy would you follow to settle the
matter with the insurance company? (Marks 10)
Answer: Unit Linked Insurance Plan (ULIP) policy is always one of the best options for you to
consider but there are so many things that can make everything go to waste. And, the mis-sold
policyisone of such situationwheninsurerdoesn’tgetthe satisfactionfrompolicy even after doing
everything with the procedure.
Purchase of Unit Linked Insurance Plan (ULIP) should be done carefully. When you have purchased
Unit Linked Insurance Plan (ULIP) but soon realized that you have purchased a mis-sold insurance
policy from private Life Insurance organization then you would need to set up the best possible
technique that will permit you to settle the matter of
Question. 2. Develop a Public Relations campaign for a Life
Insurance company of your choice. (Marks 10)
Answer: Life insurance play very important role in our lives. Life insurance allows us to stay safe in
different circumstances. In this manner, the life insurance market is wider than anyone’s
expectations. The public relation campaign can offer you to gain endorsements from various third
party groups.It will alsoallow you to make new clients. This will make your business methodology
solidsince itwill make clientsfeel certainaboutthe reliability of the insurance agency. On the basis
of yourtargeted market, pressrelease distribution or a Public Relations campaign of Life Insurance
Company can permit you to increase goal
Question. 3. Gyan Joshi, aged 35 years, is employed with a MNC.
His wife Payal, aged 34 years, is also working part - time. The
couple has two children - daughter Rima aged 7 years and son Ansh
aged 4 years. Gyan and Payal require your help to make few
financial decisions. (Give justification and reasoning for the option
you would suggest to your client. You can make any assumptions to
further build up your case.
a) Children’s higher education: Child plan of an life insurance
company or a Mutual Fund SIP along with a Life Insurance term
plan (5 Marks)
Answer: Whenitis the matterof education of youngstersthenthe costsgets higherand higher. The
expensesof educationalcostsare goingincreasingly higheach year and when you are getting ready
for your child's higher education fund for
b) Retirement Planning: Fixed deposits or Mutual Fund SIPs in a
diversified equity fund (5 Marks)
Answer:
Retirementprocessis stressful butstillitcanbe a matterof joyfor youwhenyouwill really feel like
youare relieved atthe time of retirement. It can happen when you will take right insurance policy,
fixed deposit or mutual fund SIP.
Retirement planning is viewed as best idea since when you are planning for your retirement then
you can expect great after retirement
Dear students get fully solved assignments
Send your semester & Specialization name to our mail id :
help.mbaassignments@gmail.com
or
call us at : 08263069601

More Related Content

Viewers also liked

General management
General managementGeneral management
General management
smumbahelp
 
Operations management
Operations managementOperations management
Operations management
smumbahelp
 
Cost and management accounting (2) (1)
Cost and management accounting (2) (1)Cost and management accounting (2) (1)
Cost and management accounting (2) (1)
smumbahelp
 
Business administration
Business administrationBusiness administration
Business administration
smumbahelp
 
Performance management system
Performance management systemPerformance management system
Performance management system
smumbahelp
 
Taxation direct & indirect (3)
Taxation   direct & indirect (3)Taxation   direct & indirect (3)
Taxation direct & indirect (3)
smumbahelp
 
Consumer behaviour
Consumer behaviour Consumer behaviour
Consumer behaviour
smumbahelp
 
Bj0037 exercise 5
Bj0037 exercise 5Bj0037 exercise 5
Bj0037 exercise 5
smumbahelp
 
Bbr505 warehouse management
Bbr505 warehouse managementBbr505 warehouse management
Bbr505 warehouse management
smumbahelp
 
Operations management
Operations managementOperations management
Operations management
smumbahelp
 
Ms 51 operations research
Ms 51   operations researchMs 51   operations research
Ms 51 operations research
smumbahelp
 
Business law
Business lawBusiness law
Business law
smumbahelp
 
Organization behaviour
Organization behaviourOrganization behaviour
Organization behaviour
smumbahelp
 
Business ethics (1)
Business ethics (1)Business ethics (1)
Business ethics (1)
smumbahelp
 
Bj0037 exercise 2
Bj0037 exercise 2Bj0037 exercise 2
Bj0037 exercise 2
smumbahelp
 
Organisation behaviour
Organisation behaviourOrganisation behaviour
Organisation behaviour
smumbahelp
 
Corporate finance
Corporate finance Corporate finance
Corporate finance
smumbahelp
 
Financial and cost accounting
Financial and cost accountingFinancial and cost accounting
Financial and cost accounting
smumbahelp
 
Bbr502 – logistics management
Bbr502 – logistics managementBbr502 – logistics management
Bbr502 – logistics management
smumbahelp
 

Viewers also liked (19)

General management
General managementGeneral management
General management
 
Operations management
Operations managementOperations management
Operations management
 
Cost and management accounting (2) (1)
Cost and management accounting (2) (1)Cost and management accounting (2) (1)
Cost and management accounting (2) (1)
 
Business administration
Business administrationBusiness administration
Business administration
 
Performance management system
Performance management systemPerformance management system
Performance management system
 
Taxation direct & indirect (3)
Taxation   direct & indirect (3)Taxation   direct & indirect (3)
Taxation direct & indirect (3)
 
Consumer behaviour
Consumer behaviour Consumer behaviour
Consumer behaviour
 
Bj0037 exercise 5
Bj0037 exercise 5Bj0037 exercise 5
Bj0037 exercise 5
 
Bbr505 warehouse management
Bbr505 warehouse managementBbr505 warehouse management
Bbr505 warehouse management
 
Operations management
Operations managementOperations management
Operations management
 
Ms 51 operations research
Ms 51   operations researchMs 51   operations research
Ms 51 operations research
 
Business law
Business lawBusiness law
Business law
 
Organization behaviour
Organization behaviourOrganization behaviour
Organization behaviour
 
Business ethics (1)
Business ethics (1)Business ethics (1)
Business ethics (1)
 
Bj0037 exercise 2
Bj0037 exercise 2Bj0037 exercise 2
Bj0037 exercise 2
 
Organisation behaviour
Organisation behaviourOrganisation behaviour
Organisation behaviour
 
Corporate finance
Corporate finance Corporate finance
Corporate finance
 
Financial and cost accounting
Financial and cost accountingFinancial and cost accounting
Financial and cost accounting
 
Bbr502 – logistics management
Bbr502 – logistics managementBbr502 – logistics management
Bbr502 – logistics management
 

Similar to Marketing of financial services

The-Waterloo-Actuary-Winter-2015-Edition-2-10
The-Waterloo-Actuary-Winter-2015-Edition-2-10The-Waterloo-Actuary-Winter-2015-Edition-2-10
The-Waterloo-Actuary-Winter-2015-Edition-2-10
Karchie Trinh
 
Building A New Future Together
Building A New Future TogetherBuilding A New Future Together
Building A New Future Together
DeyeFinancialServies
 
Building A New Future Together
Building A New Future TogetherBuilding A New Future Together
Building A New Future Together
dougdeye
 
Financial literacyarticle 1302084
Financial literacyarticle 1302084Financial literacyarticle 1302084
Financial literacyarticle 1302084
Ronald M Jennings, Sr LUTCF
 
Insurance Basics
Insurance BasicsInsurance Basics
Insurance Basics
Tyler Squire
 
Gift of a Lifetime
Gift of a LifetimeGift of a Lifetime
Gift of a Lifetime
Migdal Eden
 
How to-be-your-own-financial-planner-in-10-steps-sample-chapter
How to-be-your-own-financial-planner-in-10-steps-sample-chapterHow to-be-your-own-financial-planner-in-10-steps-sample-chapter
How to-be-your-own-financial-planner-in-10-steps-sample-chapter
Jagoinvestor
 
257613_AGLC107568_REV0116_Policy_Review_FP_Presenation_withSpeaker_Notes_FINA...
257613_AGLC107568_REV0116_Policy_Review_FP_Presenation_withSpeaker_Notes_FINA...257613_AGLC107568_REV0116_Policy_Review_FP_Presenation_withSpeaker_Notes_FINA...
257613_AGLC107568_REV0116_Policy_Review_FP_Presenation_withSpeaker_Notes_FINA...
Al Bruce
 
Mendie p. dumaguit research
Mendie p. dumaguit  researchMendie p. dumaguit  research
Mendie p. dumaguit research
Mendie P. Dumaguit Pacaro
 
New Amsterdam Life
New Amsterdam LifeNew Amsterdam Life
New Amsterdam Life
New Amsterdam Life
 
Ethika e-book
Ethika e-bookEthika e-book
Ethika e-book
Susheel Agarwal
 
2 uses of life assurance products
2 uses  of life assurance products2 uses  of life assurance products
2 uses of life assurance products
0725846157
 
Insurance marketing report
Insurance marketing reportInsurance marketing report
Insurance marketing report
Muzammil Iqbal
 
Take charge
Take chargeTake charge
Take charge
Michael Blair
 
PROTECT YOUR FAMILY’S FINANCIAL SECURITY IN TOUGH TIMES
PROTECT YOUR FAMILY’S FINANCIAL SECURITY IN TOUGH TIMESPROTECT YOUR FAMILY’S FINANCIAL SECURITY IN TOUGH TIMES
PROTECT YOUR FAMILY’S FINANCIAL SECURITY IN TOUGH TIMES
cutickfinancial
 
Employee benefit Insurance policies guide for Indian Companies
Employee benefit Insurance policies guide for Indian CompaniesEmployee benefit Insurance policies guide for Indian Companies
Employee benefit Insurance policies guide for Indian Companies
Susheel Agarwal
 
Ed’s Innovation Ideas
Ed’s Innovation IdeasEd’s Innovation Ideas
Ed’s Innovation Ideas
Edward Merriman
 
Mf0018 insurance and risk management
Mf0018   insurance and risk managementMf0018   insurance and risk management
Mf0018 insurance and risk management
smumbahelp
 
Road map to your success MKG Insurance Marketing Organization
Road map to your success MKG Insurance Marketing OrganizationRoad map to your success MKG Insurance Marketing Organization
Road map to your success MKG Insurance Marketing Organization
MKG Enterprises Corp
 
Business statistics done
Business statistics doneBusiness statistics done
Business statistics done
smumbahelp
 

Similar to Marketing of financial services (20)

The-Waterloo-Actuary-Winter-2015-Edition-2-10
The-Waterloo-Actuary-Winter-2015-Edition-2-10The-Waterloo-Actuary-Winter-2015-Edition-2-10
The-Waterloo-Actuary-Winter-2015-Edition-2-10
 
Building A New Future Together
Building A New Future TogetherBuilding A New Future Together
Building A New Future Together
 
Building A New Future Together
Building A New Future TogetherBuilding A New Future Together
Building A New Future Together
 
Financial literacyarticle 1302084
Financial literacyarticle 1302084Financial literacyarticle 1302084
Financial literacyarticle 1302084
 
Insurance Basics
Insurance BasicsInsurance Basics
Insurance Basics
 
Gift of a Lifetime
Gift of a LifetimeGift of a Lifetime
Gift of a Lifetime
 
How to-be-your-own-financial-planner-in-10-steps-sample-chapter
How to-be-your-own-financial-planner-in-10-steps-sample-chapterHow to-be-your-own-financial-planner-in-10-steps-sample-chapter
How to-be-your-own-financial-planner-in-10-steps-sample-chapter
 
257613_AGLC107568_REV0116_Policy_Review_FP_Presenation_withSpeaker_Notes_FINA...
257613_AGLC107568_REV0116_Policy_Review_FP_Presenation_withSpeaker_Notes_FINA...257613_AGLC107568_REV0116_Policy_Review_FP_Presenation_withSpeaker_Notes_FINA...
257613_AGLC107568_REV0116_Policy_Review_FP_Presenation_withSpeaker_Notes_FINA...
 
Mendie p. dumaguit research
Mendie p. dumaguit  researchMendie p. dumaguit  research
Mendie p. dumaguit research
 
New Amsterdam Life
New Amsterdam LifeNew Amsterdam Life
New Amsterdam Life
 
Ethika e-book
Ethika e-bookEthika e-book
Ethika e-book
 
2 uses of life assurance products
2 uses  of life assurance products2 uses  of life assurance products
2 uses of life assurance products
 
Insurance marketing report
Insurance marketing reportInsurance marketing report
Insurance marketing report
 
Take charge
Take chargeTake charge
Take charge
 
PROTECT YOUR FAMILY’S FINANCIAL SECURITY IN TOUGH TIMES
PROTECT YOUR FAMILY’S FINANCIAL SECURITY IN TOUGH TIMESPROTECT YOUR FAMILY’S FINANCIAL SECURITY IN TOUGH TIMES
PROTECT YOUR FAMILY’S FINANCIAL SECURITY IN TOUGH TIMES
 
Employee benefit Insurance policies guide for Indian Companies
Employee benefit Insurance policies guide for Indian CompaniesEmployee benefit Insurance policies guide for Indian Companies
Employee benefit Insurance policies guide for Indian Companies
 
Ed’s Innovation Ideas
Ed’s Innovation IdeasEd’s Innovation Ideas
Ed’s Innovation Ideas
 
Mf0018 insurance and risk management
Mf0018   insurance and risk managementMf0018   insurance and risk management
Mf0018 insurance and risk management
 
Road map to your success MKG Insurance Marketing Organization
Road map to your success MKG Insurance Marketing OrganizationRoad map to your success MKG Insurance Marketing Organization
Road map to your success MKG Insurance Marketing Organization
 
Business statistics done
Business statistics doneBusiness statistics done
Business statistics done
 

Recently uploaded

S1-Introduction-Biopesticides in ICM.pptx
S1-Introduction-Biopesticides in ICM.pptxS1-Introduction-Biopesticides in ICM.pptx
S1-Introduction-Biopesticides in ICM.pptx
tarandeep35
 
ISO/IEC 27001, ISO/IEC 42001, and GDPR: Best Practices for Implementation and...
ISO/IEC 27001, ISO/IEC 42001, and GDPR: Best Practices for Implementation and...ISO/IEC 27001, ISO/IEC 42001, and GDPR: Best Practices for Implementation and...
ISO/IEC 27001, ISO/IEC 42001, and GDPR: Best Practices for Implementation and...
PECB
 
ANATOMY AND BIOMECHANICS OF HIP JOINT.pdf
ANATOMY AND BIOMECHANICS OF HIP JOINT.pdfANATOMY AND BIOMECHANICS OF HIP JOINT.pdf
ANATOMY AND BIOMECHANICS OF HIP JOINT.pdf
Priyankaranawat4
 
C1 Rubenstein AP HuG xxxxxxxxxxxxxx.pptx
C1 Rubenstein AP HuG xxxxxxxxxxxxxx.pptxC1 Rubenstein AP HuG xxxxxxxxxxxxxx.pptx
C1 Rubenstein AP HuG xxxxxxxxxxxxxx.pptx
mulvey2
 
Pride Month Slides 2024 David Douglas School District
Pride Month Slides 2024 David Douglas School DistrictPride Month Slides 2024 David Douglas School District
Pride Month Slides 2024 David Douglas School District
David Douglas School District
 
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...
Dr. Vinod Kumar Kanvaria
 
A Survey of Techniques for Maximizing LLM Performance.pptx
A Survey of Techniques for Maximizing LLM Performance.pptxA Survey of Techniques for Maximizing LLM Performance.pptx
A Survey of Techniques for Maximizing LLM Performance.pptx
thanhdowork
 
The basics of sentences session 6pptx.pptx
The basics of sentences session 6pptx.pptxThe basics of sentences session 6pptx.pptx
The basics of sentences session 6pptx.pptx
heathfieldcps1
 
Chapter 4 - Islamic Financial Institutions in Malaysia.pptx
Chapter 4 - Islamic Financial Institutions in Malaysia.pptxChapter 4 - Islamic Financial Institutions in Malaysia.pptx
Chapter 4 - Islamic Financial Institutions in Malaysia.pptx
Mohd Adib Abd Muin, Senior Lecturer at Universiti Utara Malaysia
 
Executive Directors Chat Leveraging AI for Diversity, Equity, and Inclusion
Executive Directors Chat  Leveraging AI for Diversity, Equity, and InclusionExecutive Directors Chat  Leveraging AI for Diversity, Equity, and Inclusion
Executive Directors Chat Leveraging AI for Diversity, Equity, and Inclusion
TechSoup
 
Pollock and Snow "DEIA in the Scholarly Landscape, Session One: Setting Expec...
Pollock and Snow "DEIA in the Scholarly Landscape, Session One: Setting Expec...Pollock and Snow "DEIA in the Scholarly Landscape, Session One: Setting Expec...
Pollock and Snow "DEIA in the Scholarly Landscape, Session One: Setting Expec...
National Information Standards Organization (NISO)
 
Azure Interview Questions and Answers PDF By ScholarHat
Azure Interview Questions and Answers PDF By ScholarHatAzure Interview Questions and Answers PDF By ScholarHat
Azure Interview Questions and Answers PDF By ScholarHat
Scholarhat
 
A Independência da América Espanhola LAPBOOK.pdf
A Independência da América Espanhola LAPBOOK.pdfA Independência da América Espanhola LAPBOOK.pdf
A Independência da América Espanhola LAPBOOK.pdf
Jean Carlos Nunes Paixão
 
Smart-Money for SMC traders good time and ICT
Smart-Money for SMC traders good time and ICTSmart-Money for SMC traders good time and ICT
Smart-Money for SMC traders good time and ICT
simonomuemu
 
Advanced Java[Extra Concepts, Not Difficult].docx
Advanced Java[Extra Concepts, Not Difficult].docxAdvanced Java[Extra Concepts, Not Difficult].docx
Advanced Java[Extra Concepts, Not Difficult].docx
adhitya5119
 
How to Build a Module in Odoo 17 Using the Scaffold Method
How to Build a Module in Odoo 17 Using the Scaffold MethodHow to Build a Module in Odoo 17 Using the Scaffold Method
How to Build a Module in Odoo 17 Using the Scaffold Method
Celine George
 
Hindi varnamala | hindi alphabet PPT.pdf
Hindi varnamala | hindi alphabet PPT.pdfHindi varnamala | hindi alphabet PPT.pdf
Hindi varnamala | hindi alphabet PPT.pdf
Dr. Mulla Adam Ali
 
Digital Artifact 1 - 10VCD Environments Unit
Digital Artifact 1 - 10VCD Environments UnitDigital Artifact 1 - 10VCD Environments Unit
Digital Artifact 1 - 10VCD Environments Unit
chanes7
 
DRUGS AND ITS classification slide share
DRUGS AND ITS classification slide shareDRUGS AND ITS classification slide share
DRUGS AND ITS classification slide share
taiba qazi
 
The simplified electron and muon model, Oscillating Spacetime: The Foundation...
The simplified electron and muon model, Oscillating Spacetime: The Foundation...The simplified electron and muon model, Oscillating Spacetime: The Foundation...
The simplified electron and muon model, Oscillating Spacetime: The Foundation...
RitikBhardwaj56
 

Recently uploaded (20)

S1-Introduction-Biopesticides in ICM.pptx
S1-Introduction-Biopesticides in ICM.pptxS1-Introduction-Biopesticides in ICM.pptx
S1-Introduction-Biopesticides in ICM.pptx
 
ISO/IEC 27001, ISO/IEC 42001, and GDPR: Best Practices for Implementation and...
ISO/IEC 27001, ISO/IEC 42001, and GDPR: Best Practices for Implementation and...ISO/IEC 27001, ISO/IEC 42001, and GDPR: Best Practices for Implementation and...
ISO/IEC 27001, ISO/IEC 42001, and GDPR: Best Practices for Implementation and...
 
ANATOMY AND BIOMECHANICS OF HIP JOINT.pdf
ANATOMY AND BIOMECHANICS OF HIP JOINT.pdfANATOMY AND BIOMECHANICS OF HIP JOINT.pdf
ANATOMY AND BIOMECHANICS OF HIP JOINT.pdf
 
C1 Rubenstein AP HuG xxxxxxxxxxxxxx.pptx
C1 Rubenstein AP HuG xxxxxxxxxxxxxx.pptxC1 Rubenstein AP HuG xxxxxxxxxxxxxx.pptx
C1 Rubenstein AP HuG xxxxxxxxxxxxxx.pptx
 
Pride Month Slides 2024 David Douglas School District
Pride Month Slides 2024 David Douglas School DistrictPride Month Slides 2024 David Douglas School District
Pride Month Slides 2024 David Douglas School District
 
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...
 
A Survey of Techniques for Maximizing LLM Performance.pptx
A Survey of Techniques for Maximizing LLM Performance.pptxA Survey of Techniques for Maximizing LLM Performance.pptx
A Survey of Techniques for Maximizing LLM Performance.pptx
 
The basics of sentences session 6pptx.pptx
The basics of sentences session 6pptx.pptxThe basics of sentences session 6pptx.pptx
The basics of sentences session 6pptx.pptx
 
Chapter 4 - Islamic Financial Institutions in Malaysia.pptx
Chapter 4 - Islamic Financial Institutions in Malaysia.pptxChapter 4 - Islamic Financial Institutions in Malaysia.pptx
Chapter 4 - Islamic Financial Institutions in Malaysia.pptx
 
Executive Directors Chat Leveraging AI for Diversity, Equity, and Inclusion
Executive Directors Chat  Leveraging AI for Diversity, Equity, and InclusionExecutive Directors Chat  Leveraging AI for Diversity, Equity, and Inclusion
Executive Directors Chat Leveraging AI for Diversity, Equity, and Inclusion
 
Pollock and Snow "DEIA in the Scholarly Landscape, Session One: Setting Expec...
Pollock and Snow "DEIA in the Scholarly Landscape, Session One: Setting Expec...Pollock and Snow "DEIA in the Scholarly Landscape, Session One: Setting Expec...
Pollock and Snow "DEIA in the Scholarly Landscape, Session One: Setting Expec...
 
Azure Interview Questions and Answers PDF By ScholarHat
Azure Interview Questions and Answers PDF By ScholarHatAzure Interview Questions and Answers PDF By ScholarHat
Azure Interview Questions and Answers PDF By ScholarHat
 
A Independência da América Espanhola LAPBOOK.pdf
A Independência da América Espanhola LAPBOOK.pdfA Independência da América Espanhola LAPBOOK.pdf
A Independência da América Espanhola LAPBOOK.pdf
 
Smart-Money for SMC traders good time and ICT
Smart-Money for SMC traders good time and ICTSmart-Money for SMC traders good time and ICT
Smart-Money for SMC traders good time and ICT
 
Advanced Java[Extra Concepts, Not Difficult].docx
Advanced Java[Extra Concepts, Not Difficult].docxAdvanced Java[Extra Concepts, Not Difficult].docx
Advanced Java[Extra Concepts, Not Difficult].docx
 
How to Build a Module in Odoo 17 Using the Scaffold Method
How to Build a Module in Odoo 17 Using the Scaffold MethodHow to Build a Module in Odoo 17 Using the Scaffold Method
How to Build a Module in Odoo 17 Using the Scaffold Method
 
Hindi varnamala | hindi alphabet PPT.pdf
Hindi varnamala | hindi alphabet PPT.pdfHindi varnamala | hindi alphabet PPT.pdf
Hindi varnamala | hindi alphabet PPT.pdf
 
Digital Artifact 1 - 10VCD Environments Unit
Digital Artifact 1 - 10VCD Environments UnitDigital Artifact 1 - 10VCD Environments Unit
Digital Artifact 1 - 10VCD Environments Unit
 
DRUGS AND ITS classification slide share
DRUGS AND ITS classification slide shareDRUGS AND ITS classification slide share
DRUGS AND ITS classification slide share
 
The simplified electron and muon model, Oscillating Spacetime: The Foundation...
The simplified electron and muon model, Oscillating Spacetime: The Foundation...The simplified electron and muon model, Oscillating Spacetime: The Foundation...
The simplified electron and muon model, Oscillating Spacetime: The Foundation...
 

Marketing of financial services

  • 1. Dear students get fully solved assignments Send your semester & Specialization name to our mail id : help.mbaassignments@gmail.com or call us at : 08263069601 NMIMS Global Access School for Continuing Education (NGA-SCE) Course: Marketing of Financial Services Internal Assignment Applicable for December 2016 Examination Assignment Marks: 30 Instructions:  All Questions carry equal marks.  All Questions are compulsory  All answers to be explained in not more than 1000 words for question 1 and 2 and for question 3 in not more than 500 words for each subsection. Use relevant examples, illustrations as far as possible.  All answers to be written individually. Discussion and group work is not advisable.  Students are free to refer to any books/reference material/website/internet for attempting their assignments, but are not allowed to copy the matter as it is from the source of reference.  Studentsshould writethe assignmentin their own words.Copying of assignmentsfromother students is not allowed. Question. 1. One week ago you bought a ULIP from a private Life Insurance company. On receiving the policy copy, you realize that
  • 2. the Life Insurance policy was mis-sold. Would it be possible for you to return the policy? What strategy would you follow to settle the matter with the insurance company? (Marks 10) Answer: Unit Linked Insurance Plan (ULIP) policy is always one of the best options for you to consider but there are so many things that can make everything go to waste. And, the mis-sold policyisone of such situationwheninsurerdoesn’tgetthe satisfactionfrompolicy even after doing everything with the procedure. Purchase of Unit Linked Insurance Plan (ULIP) should be done carefully. When you have purchased Unit Linked Insurance Plan (ULIP) but soon realized that you have purchased a mis-sold insurance policy from private Life Insurance organization then you would need to set up the best possible technique that will permit you to settle the matter of Question. 2. Develop a Public Relations campaign for a Life Insurance company of your choice. (Marks 10) Answer: Life insurance play very important role in our lives. Life insurance allows us to stay safe in different circumstances. In this manner, the life insurance market is wider than anyone’s expectations. The public relation campaign can offer you to gain endorsements from various third party groups.It will alsoallow you to make new clients. This will make your business methodology solidsince itwill make clientsfeel certainaboutthe reliability of the insurance agency. On the basis of yourtargeted market, pressrelease distribution or a Public Relations campaign of Life Insurance Company can permit you to increase goal Question. 3. Gyan Joshi, aged 35 years, is employed with a MNC. His wife Payal, aged 34 years, is also working part - time. The couple has two children - daughter Rima aged 7 years and son Ansh aged 4 years. Gyan and Payal require your help to make few financial decisions. (Give justification and reasoning for the option you would suggest to your client. You can make any assumptions to further build up your case. a) Children’s higher education: Child plan of an life insurance company or a Mutual Fund SIP along with a Life Insurance term plan (5 Marks) Answer: Whenitis the matterof education of youngstersthenthe costsgets higherand higher. The expensesof educationalcostsare goingincreasingly higheach year and when you are getting ready for your child's higher education fund for
  • 3. b) Retirement Planning: Fixed deposits or Mutual Fund SIPs in a diversified equity fund (5 Marks) Answer: Retirementprocessis stressful butstillitcanbe a matterof joyfor youwhenyouwill really feel like youare relieved atthe time of retirement. It can happen when you will take right insurance policy, fixed deposit or mutual fund SIP. Retirement planning is viewed as best idea since when you are planning for your retirement then you can expect great after retirement Dear students get fully solved assignments Send your semester & Specialization name to our mail id : help.mbaassignments@gmail.com or call us at : 08263069601