A Study on Business Environment of Life Insurance in India
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This article implicated the business environment of life insurance in India. There is a tremendous opportunity and highly resources are available for life insurance in the business environment. There is a need to educate the people for their future financial needs and their savings. The insurance is a touchstone of nation’s level of evolution. The life insurance principle now comes to be more and more useful with the passage of time. In other word, insurance is a great source of development of national savings. This is the law of nature that individuals need to live and play with perils. Regardless of the possibility that this is true, people of India still don’t have curiosity to insure them. The present study was intended to understand the business environment towards life insurance in India