SHS ADVISORY GROUP - the ways to effect life insurance

What are the ways to effect life insurance?

The ways to effect life insurance is as follows:
1. proposal
2. medical examination
3. acceptance of proposal
4. age proof
5. premium
6. insurance policy

*Proposal:
This proposal form contains a number of questions about the mode of paying premium, family background and also about the health of the person.

*Medical examination :
The medical report of the applicant is forwarded directly to the office of the company by the doctor.

*Acceptance of proposal:
The proposal form is examined by the company and it is accepted only if the company is satisfied.

*Age proof:

The applicant has to furnish proof of his age.
It can be furnished by many ways. for example:
- a certificate of high school or from municipal birth register
- service book

*Premium:
The applicant is intimated, once the proposal form is accepted and also he is asked to make the payment of premium.

*Insurance policy:
It carries the signatures of the officials of the insurance company.





                                                       

business consultant in Chennai

                      
                                                  

SHS ADVISORY GROUP - business consulting firm in Chennai.

Business consulting firms must be able to maintain financial balance and many other valuable services to its clients. Developing visibility to generate new leads in the business must be their main motive.
A good business consultancy must provide business consulting services across the globe. They must focus on their benefits as well as their clients benefits too. There are some business consultancy which also acts as an incubator and as an accelerator.

SHS ADVISORY GROUP over 15 years of varying industry experience, is one of the leading small business consultant in India having its local and international clients in more than 30 countries. Here we are providing tailor made solutions in financial services, marketing services, joint venture services and infrastructure services. 

With the advancement in available technology, it is easy to grow a business to a high level. Now-a-days, digital marketing (includes social media marketing, organic search marketing, running ad words) helps your business to grow fast in all platforms.

SHS ADVISORY GROUP - types of insurance

For life insurance- insurable interest must be present at the time when the insurance is effected.

Kinds of life insurance policy
- Whole life policy, endowment policy, Joint life policy, with or without profit profile, annuity policy, sinking fund policy, convertible whole life policy, group insurance policy.

For fire insurance
- insurable interest must be present at the time of insurance and at the time of loss.
- Here the insurance policy can not be transmitted without the permission of insurer.

Kinds of fire insurance policy
- valued policy, specific policy, floating policy, comprehensive policy, consequential loss policy, replacement policy, average policy, sprinkler leakage policy, blanket policy, declaration policy.

For marine insurance
- insurable interest must be present at the time of loss.
- Here the insurance policy can not be transmitted without the permission  of insurer.

Kinds of marine insurance policy
-valued policy, open policy, floating policy, voyage policy, time policy, mixed policy

for more info : SHS ADVISORY GROUP

Best business consultants in India - SHS advisory group

SHS advisory group is one of the leading business consultancies across the globe, dedicated to developing their clients business. It offers certain services -

• Business consulting services

• Joint venture services

• Marketing services

• Financial services

• Troubleshooting

• Infrastructure.

For more info: contact us

 

SHS advisory group - business to new heights.

SHS advisory group– a leading financial mentor with over 15 years of experience.

Provides tailor made solutions and do business research across the market standards.

Market research is done by the systematic gathering of interpretation of information which includes social and opinion research. It is done by using some statistical and analytical methods. It defines the analyzed report on products, markets, companies, and industries.

Responsibilities of a business consultant

                                                   The major work of a business consultant is to maintain the financial balance of his clients. His initial focus should be generating leads to his clients. Providing confidential, reliable, and trustworthy information is must for a good business consultant. He has to understand the market standards and move accordingly to generate visible leads for clients business. The ability to maintain five or more clients simultaneously will be a greater advantage for business consultant. Researching a number of  business opportunities, analyzing the changes needed, good decision making, providing better solutions for the business development are their main responsibilities. 

Business consultancy services in Chennai.