General Insurance
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New answer posted
a year agoContributor-Level 10
Here are some top General Insurance colleges that offer great placement opportunities to students:
| General Insurance Colleges | Average Package Offered |
|---|---|
| National Insurance Academy Pune | INR 13 LPA |
| AIMS Bangalore | INR 5 LPA |
| R.K.S.D. (PG) College | INR 1.8 LPA |
Note: The information is sourced from the official/counselling body and may vary.
New answer posted
a year agoContributor-Level 10
AIMS Institute, Bangalore University is one of the top colleges for MBA in General Insurance course. It offers a full-time degree course of 2 years with the tuition fee ranging INR 9.15 Lakh. It is a private college with 240 seats in this MBA program.
New answer posted
a year agoContributor-Level 10
As a General Insurance student, you can opt for a variety of job roles in India under the Insurance, Banking, and Finance sectors. It is difficult to consider a single designation as the highest-paying as the salary package majorly depends on your employer, relevant experience, skills, location, etc. However, the average salary of a Regional Manager is INR 14.9 LPA in India.
New answer posted
a year agoContributor-Level 10
The public sector General Insurance companies include New India Assurance Company Limited (NIA), United India Insurance Company Limited (UIL), Oriental Insurance Company Limited (OICL) and National Insurance Company Limited (NICL). These companies are an apt option for General Insurance students seeking employment in the government sector.
New answer posted
a year agoContributor-Level 10
The general insurance sector covers a variety of fields, including:
- Health insurance: Covers health-related expenses
- Motor insurance: Covers vehicles, including cars and two-wheelers
- Home insurance: Covers homes against fire, floods, theft, and other disasters
- Travel insurance: Covers travel-related expenses
- Commercial general liability insurance: Covers businesses against personal injury, property damage, and advertising injury
- Business interruption insurance: Covers loss of income due to disasters, such as power or water supply failure
- Critical illness insurance: Covers diseases that are listed as critic
New answer posted
a year agoContributor-Level 10
General Insurance is an agreement between a policyholder and insurer wherein the insurance company protects your valuable assets from fire, theft, burglary, or any other unfortunate accident. General insurance should be your priority as your assets may get damaged due to an accident or theft.
New answer posted
a year agoContributor-Level 10
General Insurances provide cover to individuals against unforeseen or unexpected incidents such as accidents and natural calamities. Health insurance, car or motor insurance, home insurance, and travel insurance all come under this category.
New answer posted
a year agoContributor-Level 10
A General insurance policy has many benefits, such as:
- Reimbursement: General insurance policies reimburse the insured for financial losses caused by certain events.
- Peace of mind: General insurance policies can provide peace of mind during loss, covering a major portion or total loss.
- Tax Benefits: Premiums paid for insurance policies may be eligible for tax benefits under Section 80C of the Income Tax Act, 1961.
- Sum Insured: These policies work on the principle of indemnity, providing compensation or cover for damages, loss, or injury to the insured asset.
New answer posted
2 years ago
Scholar-Level 17
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New answer posted
2 years ago
Scholar-Level 17
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