Insurance Introduction

There are large number of insurance companies throughout the world which boost the countries economy. Insurance companies give assurance both to the business establishments and individuals to safeguard their valuable properties against accidents, theft, fire, natural calamities and other unforeseen circumstances like strikes lockouts and other mass agitation.

 

Besides the above the insurance companies concentrate on individuals health. Life Insurance Corporation of India is very famous in India and abroad. Insurance companies collects amounts by the way of premium and utilize the collected amount for the country’s growth and prosperity.