age) an insured person who lives to endowment date receives the face amount of the policy. It may not be offered in isolation. At the time of his retirement in 1788, the jurisdiction of the courts of insurance matters had been established. But as the main objective of this study is to analyze the life insurance business of Nile Insurance Company, we will try to give emphasis to life insurance business part into more detail. The Trend of Gross Written Premium in Life Insurance.2. The distinctive feature of insurance as a transferred device is that it involves some pooling of risks.e. Risks in life insurance like illness and death of individuals are frequent and certain.
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Credit Life Insurance This insurance protects leaders against the borrowers death prior to the repayment of a dept contact as mortgage or car load. The Performance of life Insurance in NIC in Term of sources of Revenue /Premium/ This subsection tries to give an insight into the sources revenue or premium of life insurance in NIC. Life insurance plays a great role in economic development and companys growth. Therefore, it needs investigation to indentify the problems and to address possible solutions to the problems before it is deep rooter. Credit Life Insurance.3. There have been a fair amount of case law development, notably on questions of non-disclosure and misrepresentation, warranties and conditions, co-insurance and indemnity and subrogation. Policies issue to substandard risks is often called rated policies. It usually involves weekly payments collected directly by representatives of the company. Scope of the study Our study will give more emphasizes on private insurance companies by giving more insight into life insurance business with regard to those insurance companies.
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