1. Life Insurance
Every year, the person insuring himself bets that he will not be living another year and the insurer is betting that he will. If the person lives, and loses the bet, he pays the insurer a small premium; if he dies, the insurer pays the lump sum jackpot to the person's nominee. While the person taking up the policy has only one life to bet on, his insurer is playing the same game with millions of other people like him. ... The Major Players in the Indian Life insurance industry include: Ÿ Life Insurance Corporation of India Ÿ ICICI Prudential Life Insurance Ÿ Birla Sun Life Ins...
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