Health & Life Insurance in India

 The first are stored in a set of debt and pay here. In general, and to contribute to this pool is much more than his wife claims.
It is expected to add insurance to the contractor based on indicators of their future. Premium is fixed based on the possibility to withdraw money politics. It is very important to have clear calls to preserve the history of statistical claims.
In India, started the first insurance company life insurance company does not East in 1818 in Calcutta, where the Europeans to deal with the community in Calcutta. During the day, and higher premiums for life insurance said he was assured the Indians, compared with strangers. In 1870 he came to Bombay Mutual Life insurance policy and community in providing a place for Indians saw first were charged a standard rate. Since then, insurance has begun to grow.
In 1906, he was the National Insurance Company, Ltd. was founded and is divided into two major insurance companies .. A Libyan company or life insurance company in India, General Insurance Corporation, or GIC to invest in India. In 1912, with the introduction of the Code of Life Insurance and Law Provident Fund rate scales of premiums for regular evaluations of the company was certified by an actuary.
Life insurance in India is increasingly the sector has great potential. Since its inception, this sector has gone through several stages, and is now in the growing market where almost all international companies that are part of this sector must be the most important part of it. Interestingly, the life insurance company in India, mostly occupied by the Indian government.
Health insurance in India is still a future concept, thus increasing access to quality health care for health care and other special treatments are expensive.
With the active participation of government, health insurance comes with a number of insurance policies with low rates of health insurance for every increase of the market in the country.