Life Insurance: Basic Concepts

Insurance

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IC & Managers
60 Mins

Overview

Life insurance is a protection for your life, business, investments and properties. It insures you and your family against all types of risks and unforeseen accidents or illnesses. Life insurance serves to be a financial support in the event of crisis, and also acts as a long-term investment.

Topics

This module will cover the following topics:

  1.  Insurance—An Overview
  2.  Insurance—Benefits and Process
  3.  How Insurance Works
  4.  Key Insurance Terms
  5. Regulatory Framework in India

Objectives

At the end of this module, your employees will be able to:

  1. Recognize the benefits of life insurance policies
  2. Describe the key departments in insurance organizations
  3. Explain actuary, underwriting and the claims process
  4. Identify risks, perils and hazards covered by life insurance

Interested in this module?

You can avail of this module with the Compliance bouquet. It can be purchased as part of an Individual or Enterprise plan. Sign up for a demo now!

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