Insurance Company Meaning In India. Likewise, in life insurance, the company. Specializes in formulating special covers for large industrial projects.
The insurance is federal subject in india. The tangible assets are susceptible to damages and a need to protect the economic value of. The insurance sector has gone through a number of phases by allowing private companies to solicit insurance and also allowing foreign direct investment.
But the insurance buying process at toffee took literally less than 5 minutes and there i was, a happy, satisfied policy buyer.
Insurance contracts that do not come under the ambit of life insurance are called general insurance. The private insurance companies in india, especially the non life sector, have been performing well of late. Dictionary meaning of the word “insurance” is an undertaking by a company, society or the state, to provide or safeguard against loss, provisions against sickness, death etc. All shares of the oriental insurance co.