WHY DO I NEED LIFE INSURANCE?
Isn't that what you ask yourself all the time? Here’s a small answer to that....
You need Life Insurance because typically the need for income continues for those who are financially dependent on you, but there is no guarantee of your ability to earn consistently and for the rest of your life. Life insurance can help you safeguard the financial needs of your family.
This need has become even more important due to steady disintegration of the prevalent joint family system, and emergence of nuclear families. The need to protect your family's ever growing needs is why you need Life Insurance.
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Bajaj Allianz Life Insurance is a popular insurance company in India now.
There are ample of opportunities in the market for insurance companies (resent data shows that still 60% of market are unsaturated for insurance companies).
- It is a very young company to birth in India in the year 2001. In spite of short period of working it gained ample of shares in the market.
- It is found that in future Bajaj Allianz Life Insurance will grow to the top point of the ladder in the market of insurance sector.
- It is obvious that the majority of Indian public prefer LIC in compare to private life insurance companies.
- While doing the field work it is observed that most of the people are not fully awarded towards the insurance plans of the Bajaj Allianz Life Insurance.
- Uncertain ups and downs in the share market affect the selling of investment plans of insurance companies.
- The final conclusions that we can draw is that Bajaj Allianz Life Insurance still have to mark its print on the minds of people by Increasing offices in remote areas, Proper advertisement strategy and General effective and potent Insurance Consultant.