Wednesday, October 27, 2010

Children's Health Insurance Program

Children's Health Insurance Program Reauthorization Act of 2009 (CHIPRA or Public Law 111-3) reauthorized the Children's Health Insurance Program (CHIP).  CHIPRA finances CHIP through FY 2013.  It will preserve coverage for the millions of children who rely on CHIP today and provides the resources for States to reach millions of additional uninsured children.  This legislation...

Training Courses Offered for Marketing Executives

State Life Insurance Corporation of Pakistan provides adequate training to its marketing executives through the ‘Field Manpower Development’ (FMD) Department. There are four Regional Academies, one each in respective region, 26 FMD Centers, one in each zonal office to impart training, seminars and refresher courses to different levels of our marketing force. FMD department offers three courses...

Career Paths/Success Stories of few Marketing Executives

A Sales Representative having two years’ association and having fulfilled the laid down promotion criteria is elevated as Sales Officer. He has to pass in-house courses. The Sales Officers completing the laid down promotion criteria of Sales Manager are upgraded as Sales Managers. The field channel is paid basic commission and additional bonuses for quality and consistency. All the three...

Third Party Insurance

 This type of insurance covers damages caused by you (first party) to others (third party). Apart from these above mentioned insurance policies there are many other types of insurance policies in the market (and the list keeps on increasing) that are more or less related to these policies however providing benefits to the policy holders in a different and unique way. Tags: insurance...

Insurance at Amusement Points

6) Insurance at Amusement Points: This is a one of the new kinds of insurance policy (not very popular in India) where in you are insured against the equipments that you are using at the amusement joints. For example: if you are using boats for an independent boat ride , then they will charge you with some extra money for an property loss(say $5) and in case of any property damage you...

Travel Insurance

Travel Insurance: Loss of personal belongings while traveling, medical coverage, delays in the travel are all part of the travel insurance poli...

Property Insurance

Property Insurance: This insurance helps you to prevent the losses against theft, fire, burglary or any natural calamity like Earthquake, Floods etc. based on the points mentioned in the poli...

life

1) Life Insurance: In this policy, the insurance company pays in case of the demise of the policy holder or at the time of the maturity of the policy. Now a days a new policy has been launched by LIC in which you will be covered under the insurance policy even after the maturity of the pol...

Monday, October 25, 2010

House Insurance

Many people take insurance as some kind of financial obligation that must be avoided. Why an individual should pay a high monthly premium for house insurance? There are 3 very important reasons why you should always pay your monthly insurance premium. First, most states require that you insure your house, second, your insurance pays for damages on your vehicle and third, in case of acci...

Car Insurance - Reasons to update your car insurance-00-5269

Many people take insurance as some kind of financial obligation that must be avoided. Why an individual should pay a high monthly premium for car insurance? There are 3 very important reasons why you should always pay your monthly insurance premium. First, most states require that you insure your car, second, your insurance pays for damages on your vehicle and third, in case of accidents,...

Motor Insurance

Covers against accidental loss or damage to vehicles and/or legal liability arising out of third party accidental loss or damage to vehicles and/or legal liability arising out of third party. Cover is also available for Executive Scheme, High Valued Vehicles, Road Side Assistance, Extended Warranty and Car Replacement. Motor Insurance is a type of Insurance policy...

Sunday, October 24, 2010

The Second Condition of Average

Insurance - The Second Condition of Average The second condition of average is not strictly a condition of average at all, because it is essentially a contribution clause which apportions the loss in a particular manner. The key to its application lies in the determination by insurers of which policy is more specific. Clearly, if both policies are identical, then neither is more specific...