Case Study of Lic

Moreover, since 2002 LT has never had a long-term debt while its Capital Expenditure expenses are low. When comparing its Capital Expenditure as a percentage of net income since 1992, it has had an average ratio of 22% while its competitors Maxim and Intel struggled with 57.45% and 177.11%.

Risk of financial ruin is an important factor of having insurance. You Might face some health problems in later months like a sudden accident, cancer, diabetes, kidney stones or a car accident, this will leave with staggering medical bills. And not paying

"Insurance is a legal contract that protects people from the financial costs that result from loss of life, loss of health, lawsuits or property damage."(Nielson.) This protection is given to the customer in exchange for a monthly payment to the company. This is a legal contract which is known as a policy, binds the customer to the insurance company for the duration of the policy. Insurance, whether it be life, health or auto, helps customers feel safe from everyday risks that can happen in life. Most insurance is optional, although some states enforce a law that automobile insurance must be purchased in order to register a car. Automobile insurance is very important. It helps the policy holder to protect their car

Consider what you have learned from assessments and tutoring in the LEC. What do Laredo school children struggle with as they develop their reading and writing skills?

- If you don’t have insurance you might have a accident and then you will have a bunch of expensive bills to pay for not having insurance. If you have children , if you die your insurance will go to your child but if you don’t have insurance your children will be left without any

 The reason that having insurance increases the likelihood of an accident is due to the moral hazard associated with car insurance. This is a situation in which one side of an economic relationship takes undesirable or costly actions that the other side cannot observe. For instance, Mary’s car insurance company doesn’t know that she occasionally texts while driving because they can’t physically see her driving. Mary does this because she assumes that if anything happens, she is insured and she will be able to financially cover the costs of any accident. It takes the responsibility off of Mary (slightly) and puts it on the insurance company which makes Mary act more recklessly. The person driving the vehicle is

Health insurance is protection against the risk of sustaining medical expenses among individuals. It provides financial protection in case of catastrophic illness and averts impoverishment.

This business provides insurance, mortgage loan, real state financial services and consultancy services to its

In the words of the erstwhile Finance Minister, Morarji Desai: Whereas Life Insurance Corporation will always bear in mind that its primary obligation is to its policy holders whose money it holds in trust, and will never lose sight of the fact that, as a single investor in India, it has to keep before it the investors of the community as a whole. It will, therefore, invest in ventures which further the social advancement of the country. Its funds will, as far as practicable, be invested for the entire good of the country. The following factors are essential for an ideal insurance policy:

The land in Stratford is being actively traded, rather than being held for income producing

Most of us understand that having insurance is about protecting the future. An unforeseen tragedy like the death of a spouse, a major auto accident or the loss of a home or business to fire can financially devastate a family or business and upend years of careful planning.

An insurance policy is a contract between two parties: you and the insurance company. Both of you have obligations that are laid out in the insurance policy. While many insurers often act like they can do what they want when it comes to paying claims, insurance companies still have contractual obligations laid out in the policy.

Health insurance is that insurance against the risk of incurring medical expenses among individuals. It includes insurance for losses from accident, medical expense, disability, or accidental death and dismemberment. As known, there are many possible insurance companies to choose among them. The important point is to make sure that you're comparing like-for-like cover. In other word, that if you're buying a policy it's the right one for you.Some policies may seem cheaper, but you may find you don't have the same level of cover when you have to make a claim.

Insurance provides protection against economic misfortune or ruin. Health insurance protects against financial loss due to sickness or accident, life insurance protects against financial loss due to death, property insurance protects against financial loss due to destruction of property, and casualty insurance protects against financial loss due to negligence or even crime. If citizens are not able to purchase insurance to protect their fortunes against these risks, many would suffer economically

Health insurance helps individuals prevent preexisting health conditions from worsen. An individual with an existing health condition and no health insurance could face many problems. This could avoid them from working, it could flood them with fiscal and financial burdens due to medical expenses. Having health insurance is a major key to living because your health affects your quality of life.