MICRO INSURANCE
MICRO INSURANCE
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Description
MICRO INSURANCE - AN INTRODUCTIONSummaryIn this study, chapter 1 highlights the meaning of insurance, and its history at the world level wayback from 3rd million BC to till today and at the Indian level from 1818. The further chapterdiscussed the concept and environment of microinsurance, its structure, the necessity of microinsurance, Products, Development, major players, the role of government & present position ofmicroinsurance in India. The chapter also described how microinsurance provides socialsecurity to unprivileged people and makes social changes in society. In this chapter, the growthof microinsurance businesses at both individual & group levels in public and private insurancecompanies has been discussed and analyzed.