Suchergebnisse

Intro -- LIFE INSURANCE SELECT PROGRAMS AND ANALYSES -- LIFE INSURANCE SELECT PROGRAMS AND ANALYSES -- CONTENTS -- PREFACE -- Chapter 1 FEDERAL EMPLOYEES' GROUP LIFE INSURANCE: RETIREMENT BENEFIT AND RETAINED ASSET ACCOUNT DISCLOSURES COULD BE IMPROVED* -- WHY GAO DID THIS STUDY -- WHAT GAO RECOMMENDS -- WHAT GAO FOUND -- ABBREVIATIONS -- BACKGROUND -- FEGLI Insurance Coverage and Costs -- Adding or Adjusting FEGLI Coverage -- Payment of FEGLI Benefits -- ALTHOUGH SIMILAR TO PRIVATE SECTOR PLANS, FEGLI HAS DISTINCT EMPLOYEE BENEFITS AND COSTS THAT ARE NOT CLEARLY DISCLOSED -- Some FEGLI Features Are Similar to Those of Private Sector Group Life Insurance -- Unlike Private Group Life Plans, FEGLI Assumes Most of the Insurance Risk -- Certain FEGLI Features and Benefits Can Result in Higher Costs for Employees Compared with Private Sector Group Term Insurance -- Although FEGLI's Disclosures Cover Key Aspects of the Program, They Do Not Cover Some Important Features -- IN OVERSEEING FEGLI, PROCESSES FOR SETTING PREMIUM RATES COULD BE IMPROVED -- OPM Performs Many of FEGLI's Administrative and Operational Functions and Works Closely with MetLife -- Under OPM's Administration, FEGLI Funding Has Been Sufficient to Pay Claims and Meet Program Liabilities -- OPM's Processes for Achieving the Goal of Providing a Low-Cost Benefit to Federal Employees Lacked Clarity -- OPM Lacked Clear, Documented Processes for Considering FEGLI Premium Rate Changes -- RAAS ARE NO LONGER THE DEFAULT SETTLEMENT OPTION, BUT BETTER DISCLOSURES ARE NEEDED -- RAAs Were the Default Option from 1994 to 2011 -- Industry Views Vary on the Benefits and Consumer Protection Concerns from RAAs -- Insurance Industry Organizations Have Issued Guidance to Improve RAA Regulation -- Recently Improved FEGLI RAA Disclosures Still Lack Important Information

Life insurance has over the years emerged as one of the drivers of financial sector development. The savings mobilisation and financial intermediation functions have backed the growing importance of this investment source. Low penetration levels in Zambia have pointed to a vast untapped market and a potential source of financial sector development. Life insurance growth prospects in the country remain optimistic on the back of a growing population and increasing urbanisation. This study examined the impact of selected macroeconomic variables, namely income, inflation and financial development on life insurance demand in Zambia using annual time series secondary data from the period 1995 to 2017. The study utilised the Augmented Dickey-Fuller (ADF) test, Vector Autoregressive model (VAR) Autoregressive Distributed Lag (ARDL) and the Error Correction Model (ECM) in conducting econometric investigations. Findings from the study show that financial development negatively influences life insurance, while inflation has a positive effect at a 5% significance level. Further, the study finds no significant long-term relationship between income and life insurance. However, in the shortrun, a unidirectional causal relationship between life penetration and income exist. In conclusion, the study recommends that the Government prioritises the expansion of the financial sector through the central bank and other regulators in the industry. Policy reforms should be aimed at increasing financial inclusion and deepening the financial sector, as well as increasing access to financial services and products. The study further recommends that life insurance companies should augment Government efforts by increasing sensitisation and marketing of life insurance products and services.

The study aimed at identifying and analysing the factors affecting the growth of life insurance business in Ethiopia. It was focused on growth of life insurance in respect of gross written premium of all life insurance companies in Ethiopia. There are 17 insurance companies in Ethiopia and out of these, 9 were composite insurance companies (offering both Life and general insurance) for the year 2014.The study was focused on all the 9 licensed and registered life insurance companies. Regarding the research methodology, purposive sampling technique was used in selecting respondents. Sales staffs were selected from each company and making a total of 135 respondents. A structured survey questionnaire was administered by the researcher to the respondents, who were required to complete them. Data were collected from respondents and the collected data were analyzed using descriptive and inferential statistics such as correlation and other descriptive statistics. In conclusion the dependent variable (Growth of life insurance) and the independent variables (professional sales staff training, promotion of life insurance, affordability of life insurance product, and government regulations) scored a positive significant correlation. This study concludes with a discussion of findings as well as recommendations for further research in the area. Key Words, Insurance, Life insurance, cash surrendered value, gross written premium, Growth of life insurance, Penetration of life insurance

Understanding Risk Management Introduction to Insurance Principles of Insurance Contract History and Development of Insurance Introduction to Life Insurance Mortality Tables Premium and Bonus Policy Conditions Life Insurance Products Annuity Settlement of Claims ULIP and Pension Plans Life Insurance Corporation of India (LlC) Introduction to Fire Insurance Principles of Fire Insurance Fire Insurance Policies Settlement of Claim in Fire Insurance Introduction to Marine Insurance Marine Insurance Policies Clauses in Marine Policies Premium Fixation Marine Losses and Claim Settlement Tariff Advisory Committee Registration of Insurance Company Protection of Policyholders' Interest Marketing of Insurance Products IRDA Rules and Regulations Governing Advertisements Bancassurance Reinsurance Loss Prevention and Control Health Insurance Agriculture Insurance Accident and Auto Insurance Micro Insurance Terrorism, Kidnap and Ransom Insurance Property Insurance Liability Insurance Critical Illness Insurance Rural and Social Sector Regulations Underwriting Tax Aspects of Insurance Insurance Need Analysis Insurance and Information Technology Competitive Environment Annexures Cases Specimen Copies of Forms and Policies Select Bibliography Glossary on Insurance Subject Index

"October 30, 1980"--1st prelim. p. ; Cover title. ; Mode of access: Internet.