LIC India

LIC India Lic of india Insurance is the equitable transfer of the risk of a loss, from one entity to another in exchange for money.

It is a form of risk management primarily used to hedge against the risk of a contingent, uncertain loss. An insurer, or insurance carrier, is selling the insurance; the insured, or policyholder, is the person or entity buying the insurance policy. The amount of money to be charged for a certain amount of insurance coverage is called the premium. Risk management, the practice of appraising and con

trolling risk, has evolved as a discrete field of study and practice. The transaction involves the insured assuming a guaranteed and known relatively small loss in the form of payment to the insurer in exchange for the insurer's promise to compensate the insured in the case of a financial personal, loss. The insured receives a contract, called the insurance policy, which details the conditions and circumstances under which the insured will be financially compensated.

16/11/2015

Chhat pooja ki Hardik Shubh Kamnaye...

Address

Gate No 5 Steet No 2 Varunapuri Colony Phulwariya
Varanasi
221106

Telephone

8808377496

Website

Alerts

Be the first to know and let us send you an email when LIC India posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to LIC India:

Shortcuts

Share

Category