Summer Internship in Lic


This really is to certify that the task work done about Consumer's attitude towards Investment is a bonafide work completed by Mr. Sandeep Singh Bhati under my personal supervision and guidance. The project statement is posted towards the incomplete fulfillment of two – yr, full time Post Graduate Degree or diploma in Management. This kind of work has not been submitted somewhere else for any various other degree/diploma. The first work was carried during 15th May to 15 06, 2010 in LIC OF INDIA, Balotra (Rajasthan)

Name & Signal of Faculty

Prof. Nupur Mishra



I are hearty grateful to Mrs. Renu Luthra (director). Your woman have always been an invaluable source of ideas had function, sincerity and dedication. It provides me enormous pleasure in submitting this project on " Card holder's attitude towards Investment”. I would like to express my own sincere ineptness to my Project Guide Prof. Nupur Mishra on her behalf constant guidance and important support during the project function. Encouragement and excellent guidance in the successful completion of the project job. And of course nothing at all could have becoming reality without the support of my family, friends and everything the classmates for their regular encouragement and useful tips throughout my project. I will always happy to these people.

College student name-


PGDM 2009-11


I, ………………………, Roll no…., student of PGDM of Galgotias Business School,, Better Noida, hereby declare the fact that project survey on " Consumer Attitude towards Investment”at Life Corporation Of India” is a pioneering and verified work done by me. My spouse and i further announce that it is not submitted else where by any other person in any of the institutes for being any degree or diploma.

Brand of the pupil

Sandeep Singh Bhati

Date – 18-06-10





Insurance is a form of risk management primarily used to hedge against the likelihood of a conditional, uncertain reduction. Insurance is identified as the fair transfer in the risk of a loss, from a single entity to a different, in exchange pertaining to payment. An insurer is a company providing the insurance; an insured or policyholder is the person or entity purchasing the insurance policy. The insurance rate is known as a factor used to determine the amount to be recharged for a specific amount of coverage, called the premium. Risikomanagement, the practice of appraising and controlling risk, has evolved as a under the radar field of study and practice. The transaction involves the insured assuming a guaranteed and known fairly small reduction in the form of payment to the insurance provider in exchange pertaining to the insurer's promise to compensate (indemnify) the insured when it comes to a large, possibly devastating reduction. The covered receives a contract called the policy which in turn details the conditions and situations under which the insured will be compensated. Rule of Insurance

Insurance consists of pooling money from various insured entities in order to purchase relatively unheard of but severely devastating loss which can occur to these agencies. The covered by insurance entities happen to be therefore guarded from risk for a fee, with all the fee being dependent upon the frequency and severity from the event taking place. In order to be insurable, the risk insured against need to meet certain characteristics to be an insurable risk. Insurance is a commercial enterprise and a major section of the financial services industry, but individual entities could also self-insure through saving money intended for possible long term losses.

Types of insurance

Any risk that can be quantified can potentially be insured. Certain kinds of risk that may produce claims happen to be known as " perils". An insurance policy will set out in detail which will perils will be covered by the policy and which is not. 1 ) Auto Insurance

2 . Home Insurance

3. Health care insurance

4. Life insurance coverage

5. Incident, Sickness and Unemployment Insurance

6. Credit Insurance

six. Marine Insurance




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