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In the last decade small and medium enterprises have grown to be one of the most important sectors for our country. In a developing country like ours with a huge population which is young too, this sector plays a crucial role in the development of economy by providing employment opportunities especially in rural areas and … Read more

This article provides insights of the subject for the candidates appearing for Associateship (Non-Life) examination conducted by Insurance Institute of India. This exam basically deals with financial accounting and investment regulations. With regards to financial accounting; candidates appearing for the IC 46 examination should be well versed with scope, concepts, principles & standards of accounting. … Read more

Insurance companies in India are regulated by the Insurance Regulatory & Development Authority of India (IRDAI). One of the main objectives of IRDAI is to protect the interest of the policyholders, i.e. the customers of insurance companies who end up buying insurance policies for consideration of money termed as premium. IRDAI strives to ensure that … Read more

Underwriting year basis accounting usually helps in recovering the losses which occur on a specific policy during the period of treaty. The claims are recovered from the reinsurer who received the premium of that particular original policy this accounting method will be best suitable for the following classes of business. Classes of Business Suitable for … Read more

Bad weather conditions may lead to flight delays due to which travellers are not able to fly on time. With the monsoon all set to begin, flight delays due to bad weather conditions are expected to rise. Severe weather conditions keep the passengers stranded on airports though all possible measures are taken by airlines to … Read more

Want to get Full Insurance – Full claim amount for your Motor Vehicle? – Consider opting Zero dep Add On. If you are worried about paying the part payment amount for the motor claim then you should consider buying the Motor Add On, which takes care of your out of pocket expenses. In a comprehensive … Read more

Health Insurance cover is much useful in an unfortunate event when one gets ill and needs a major surgery/treatment/hospitalization. It helps minimize hospitalization expenses that burn a big hole in the pocket reducing financial losses without affecting productive working years. It reduces the financial stress of providing quality medical treatment required while undergoing a treatment … Read more

“They say if you love what you do, you never have to work a day in your life.” To be lucky enough to be working in jobs that we really enjoy, it is necessary to choose the right career path in which one might fit in.  The key understanding behind choosing the right industry can … Read more

Two wheeler vehicles are considered in Indian homes just like another family member. It provides us ease and convenience to travel freely and cherish the city rides. For youngsters, their bikes and scooters are much more than a vehicle, it relates to their style and personality and considered to be their best friends without which … Read more