Day: January 28, 2020

\’With Profit and Without Profit Plans in Life Insurance\’ (70 Words)

Plan of life insurance can be \’with\’ or \’without\’ profit. An insurance policy can be \’with\’ or \’without\’ profit. In the former, bonuses disclosed, if any, after periodical valuations are allotted to the policy and are payable along with the contracted amount.

In \’without\’ profit plan the contracted amount is paid without any addition. The premium rate charged for a \’with\’ profit policy is therefore higher than for a \’without\’ profit policy. 
 
https://www.youtube.com/channel/UCCzOJDJZHoBttdHAjJsnN9w?sub_confirmation=1

\’With Profit and Without Profit Plans in Life Insurance\’ (70 Words)

Plan of life insurance can be \’with\’ or \’without\’ profit. An insurance policy can be \’with\’ or \’without\’ profit. In the former, bonuses disclosed, if any, after periodical valuations are allotted to the policy and are payable along with the contracted amount.

In \’without\’ profit plan the contracted amount is paid without any addition. The premium rate charged for a \’with\’ profit policy is therefore higher than for a \’without\’ profit policy. 
 
https://www.youtube.com/channel/UCCzOJDJZHoBttdHAjJsnN9w?sub_confirmation=1

Short Essay on \’Gurpurab\’ (200 Words)

\’Gurpurab\’ is also known as Guru Nanak Jayanti. It is one of the biggest festivals of Sikhs. The birthday of Guru Nanak Dev is celebrated as Gurpurab. Gurpurab is celebrated in the month of Kartik on the day of full moon known as Kartik Purnima.

Guru Nanak was the founder of the Sikh religion. He was the first Sikh Guru. Guru Nanak Dev Ji was born on 15th April 1469 in Rai-Bhoi-di Talwandi in the present Shekhupura District of Pakistan, which is now known as Nankana Sahib.

On Gurpurab, Sikhs wear new clothes and go to the Gurudwaras. The morning of Gurpurab starts with Prabhat Feris in the Gurudwara followed by processions in localities singing hymns. Sikhs offer their prayers and pay homage to the Guru Granth Sahib. On this day, the holy book of Sikhs, the Guru Granth Sahib is continuously read and recited in the Gurudwaras. Lamps are lit, processions are taken out, free langars (meals) are arranged and a sweet prasad is distributed all over the country. The Nanakpanti Hindus and the other followers of Guru Nanak’s philosophy apart from the Sikhs also observe this sacred festival. 
https://www.youtube.com/channel/UCCzOJDJZHoBttdHAjJsnN9w?sub_confirmation=1

Short Essay on \’Gurpurab\’ (200 Words)

\’Gurpurab\’ is also known as Guru Nanak Jayanti. It is one of the biggest festivals of Sikhs. The birthday of Guru Nanak Dev is celebrated as Gurpurab. Gurpurab is celebrated in the month of Kartik on the day of full moon known as Kartik Purnima.

Guru Nanak was the founder of the Sikh religion. He was the first Sikh Guru. Guru Nanak Dev Ji was born on 15th April 1469 in Rai-Bhoi-di Talwandi in the present Shekhupura District of Pakistan, which is now known as Nankana Sahib.

On Gurpurab, Sikhs wear new clothes and go to the Gurudwaras. The morning of Gurpurab starts with Prabhat Feris in the Gurudwara followed by processions in localities singing hymns. Sikhs offer their prayers and pay homage to the Guru Granth Sahib. On this day, the holy book of Sikhs, the Guru Granth Sahib is continuously read and recited in the Gurudwaras. Lamps are lit, processions are taken out, free langars (meals) are arranged and a sweet prasad is distributed all over the country. The Nanakpanti Hindus and the other followers of Guru Nanak’s philosophy apart from the Sikhs also observe this sacred festival. 
https://www.youtube.com/channel/UCCzOJDJZHoBttdHAjJsnN9w?sub_confirmation=1

Short Essay on \’Gurpurab\’ (200 Words)

\’Gurpurab\’ is also known as Guru Nanak Jayanti. It is one of the biggest festivals of Sikhs. The birthday of Guru Nanak Dev is celebrated as Gurpurab. Gurpurab is celebrated in the month of Kartik on the day of full moon known as Kartik Purnima.

Guru Nanak was the founder of the Sikh religion. He was the first Sikh Guru. Guru Nanak Dev Ji was born on 15th April 1469 in Rai-Bhoi-di Talwandi in the present Shekhupura District of Pakistan, which is now known as Nankana Sahib.

On Gurpurab, Sikhs wear new clothes and go to the Gurudwaras. The morning of Gurpurab starts with Prabhat Feris in the Gurudwara followed by processions in localities singing hymns. Sikhs offer their prayers and pay homage to the Guru Granth Sahib. On this day, the holy book of Sikhs, the Guru Granth Sahib is continuously read and recited in the Gurudwaras. Lamps are lit, processions are taken out, free langars (meals) are arranged and a sweet prasad is distributed all over the country. The Nanakpanti Hindus and the other followers of Guru Nanak’s philosophy apart from the Sikhs also observe this sacred festival. 
https://www.youtube.com/channel/UCCzOJDJZHoBttdHAjJsnN9w?sub_confirmation=1

\’LIC Claims Review Committee\’ (150 Words)

The Life Insurance Corporation of India settles a large number of Death Claims every year. Only in case of fraudulent suppression of material information is the liability repudiated. This is to ensure that claims are not paid to fraudulent persons at the cost of honest policyholders.

The number of Death Claims repudiated is, however, very small. Even in these cases, an opportunity is given to the claimant to make a representation for consideration by the Review Committees of the Zonal office and the Central Office. As a result of such review, depending on the merits of each case, appropriate decisions are taken.

The Claims Review Committees of the Central and Zonal Offices have among their Members, a retired High Court/ District Court Judge. This has helped providing transparency and confidence in Corporation operations and has resulted in greater satisfaction among claimants, policyholders and public. 

https://www.youtube.com/channel/UCCzOJDJZHoBttdHAjJsnN9w?sub_confirmation=1

\’LIC Claims Review Committee\’ (150 Words)

The Life Insurance Corporation of India settles a large number of Death Claims every year. Only in case of fraudulent suppression of material information is the liability repudiated. This is to ensure that claims are not paid to fraudulent persons at the cost of honest policyholders.

The number of Death Claims repudiated is, however, very small. Even in these cases, an opportunity is given to the claimant to make a representation for consideration by the Review Committees of the Zonal office and the Central Office. As a result of such review, depending on the merits of each case, appropriate decisions are taken.

The Claims Review Committees of the Central and Zonal Offices have among their Members, a retired High Court/ District Court Judge. This has helped providing transparency and confidence in Corporation operations and has resulted in greater satisfaction among claimants, policyholders and public. 

https://www.youtube.com/channel/UCCzOJDJZHoBttdHAjJsnN9w?sub_confirmation=1

\’LIC Claims Review Committee\’ (150 Words)

The Life Insurance Corporation of India settles a large number of Death Claims every year. Only in case of fraudulent suppression of material information is the liability repudiated. This is to ensure that claims are not paid to fraudulent persons at the cost of honest policyholders.

The number of Death Claims repudiated is, however, very small. Even in these cases, an opportunity is given to the claimant to make a representation for consideration by the Review Committees of the Zonal office and the Central Office. As a result of such review, depending on the merits of each case, appropriate decisions are taken.

The Claims Review Committees of the Central and Zonal Offices have among their Members, a retired High Court/ District Court Judge. This has helped providing transparency and confidence in Corporation operations and has resulted in greater satisfaction among claimants, policyholders and public. 

https://www.youtube.com/channel/UCCzOJDJZHoBttdHAjJsnN9w?sub_confirmation=1