Blog Posts - Role Of Insurance

Needs and Insurance

Risks arise because there are needs to be fulfilled. The risks attached to early death arise because of the need to maintain the family that is left behind. If there were no needs, there would be no risks. Insurance is therefore, related to the needs...
by Insurance World on Dec 7, 2011

Role of Insurance in Economic Development

For economic development, investments are necessary. Investment are made out of savings. A life insurance company is a major instrument for the mobilization of saving of people, particularly from the middle and lower income groups. These saving are c...
by Insurance World on Dec 2, 2011

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