Hello Fin friendz
i m an MBA student of finanace
i want your help in my project work of my IV sem final project
Please help me out
if anyone of you have any information on
"Impact of Private Insurance Companies on LIC in India"
Please reply as soon as possible
Regards
Dhaval Dhumal

From India , Mumbai
Positives for LIC -
Competitiveness will increases
There will be accountability
Service will increase
Negatives -
Loss of Market share
Private players are very innovative compared to LIC which will have an effect on LIC's top line
Difficulty in getting financial advisors

From India , Bangalore
The income earning capacity of an individual citizen of a nation and the eagerness and awareness of the general public are the two key determinants of the growth of any insurance industry. For that they should provide wider and mass-employment opportunities and sound educational system. More over, the general public must be inculcated with more knowledge, awareness and importance about life insurance, and these steps help to boost the growth of insurance industries. In this Indian context, the insurance habit among the general public during the independence decade was quite rare and in the following decades, it slowly got increased.
Old Domain Insurance

From India , Madras
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