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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
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