DBFI403 LIFE INSURANCE MANAGEMENT

Sale!

200.00

Scroll down for Match your  questions with Sample

Note- Students need to make Changes before uploading for Avoid similarity issue in turnitin.

Another Option

UNIQUE ASSIGNMENT

0-20% Similarity in turnitin

Price is 700 per assignment

Unique assignment buy via WhatsApp   8755555879

Quick Checkout

Description

SESSION JULY 2023
PROGRAM MASTER of business administration (MBA)
SEMESTER IV
course CODE & NAME DBFI403 – LIFE INSURANCE MANAGEMENT
CREDITS 4
nUMBER OF ASSIGNMENTS & Marks 02

30 Marks each

 

 

Assignment Set – 1

 

  1. Discuss the different risks in Insurance with examples for each type.

Ans 1.

Insurance involves the transfer of risk from an individual or entity to an insurance company in exchange for a premium. There are various types of risks in insurance, each with its own set of examples. Here are some common types of risks in insurance with examples for each:

  1. Underwriting Risk: Underwriting risk is the risk that the insurer may not accurately assess the risk associated

 

Its Half solved only

Buy Complete from our online store

 

https://smuassignment.in/online-store/

 

MUJ Fully solved assignment available for session July  2023.

 

Lowest price guarantee with quality.

Charges INR 200 only per assignment. For more information you can get via mail or Whats app also

Mail id is aapkieducation@gmail.com

 

Our website www.smuassignment.in

After mail, we will reply you instant or maximum

1 hour.

Otherwise you can also contact on our

whatsapp no 8791490301.

 

 

  1. Describe what is settlement option in Life Insurance.

Ans 2.

A settlement option in life insurance refers to the various methods or choices available to the beneficiary or policyholder for receiving the proceeds of a life insurance policy after the insured person has passed away. Instead of receiving a lump sum payment, the beneficiary can choose from different settlement options to receive the death benefit. The specific options available can vary

 

  1. What is Insurance Premium? Explain in brief the calculation for premium in Life Insurance with the help of an example.

Ans 3.

Insurance Premium:

An insurance premium is the amount of money that an individual or business pays to an insurance company in exchange for coverage and protection against specified risks. Insurance premiums are typically paid on a regular basis, such as monthly, quarterly, or annually, and they vary depending on

 

 

Assignment Set – 2

 

  1. Write a short note on Life Insurance Claims and its three major types.

Ans 4.

Introduction:

Life insurance is a financial product designed to provide financial security to beneficiaries in the event of the policyholder’s death. When the policyholder passes away, the insurance company disburses a payout, commonly known as a life insurance claim, to the beneficiaries named in the policy. Understanding the types of life insurance claims is essential for policyholders and

 

Top of Form

 

  1. Explain the alternatives to traditional reinsurance options. (Known as non-traditional Reinsurance methods)

Ans 5.

Reinsurance is a method by which insurers transfer portions of their risk portfolios to other parties. While traditional reinsurance methods, such as proportional and non-proportional treaties, have been widely used for decades, there are non-traditional or alternative reinsurance methods that have been developed to address specific needs or market conditions.

Here are some of

 

 

  1. What is Liability Insurance? Mention the types and explain in brief.

Ans 6.

Liability Insurance:

Liability insurance is a form of coverage that protects an individual or a business from the risk of being held legally responsible for accidents, injuries, or negligence. This type of insurance typically covers the policyholder’s legal costs and any payouts for which the insured party would be responsible if found legally liable. By acquiring liability insurance, businesses and individuals