Arjun and salman
Monday, July 27, 2015
RILI
Rili is known as rainadevi international language insititue where all the people of butwal make there future
Sunday, August 11, 2013
Are you sure about your life and property
Please if you are not sure about your life do insurance of your and your property .
Friday, August 9, 2013
It increases borrowing capacity of business firms
while granting loan, banks and financial institutions perfer business firms
whose properties are insured. the insured properties work as good whose
collateral against borrowing, the landers grant adequate loan against such
collateral.thus it increases the borrowing capacity of business firms.
It increases business efficiency
uncertainty of loss may spoil the efficiency of business people.under non-
life insurance, the owner of the business guaranted a payment against
damage, destruction or dissappearance of property. as a result, the business
people can work with free of mind and wiyh increased efficiency.
It help in social property
Non-life insurance protect against the loss from damage property at fire,
accident etc. cattle, crop, profit , and machines are also protected against
their accidental and econamic losses. this help the people and businees to
prosper who are memeber of the society, the prosperity of the members of the
society contributes to the wellbeing of the society as a whole
It contributes to economic growth
Non-life insurance protects against loss of property and encourages people
to allocate more capital to produce more wealyh. for example, it promotes
agricultural development by offering protection against loss of cattle and
corps. it also promotes business growth by offering protection against loss of
businessproperty or by minimizing business liability created by accidents,
fire ans so on. As a result it contributes to yhe economic growth of the nations.
IMPORTANCE OF NON-LIFE INSURANCE
Non-life insurance is a contract of indemnity between insurance company
and the policyholder. as a contractof indemnity, it has gained increasing
popularity among business houses, industries, homeowners, international
traders ans so on. Non-life insurance is important is important in the following aspects:
Importance of non-life insurance
It offers safety and security.
It brings peace of mind to policyholder.
It reduces business losses.
It increases borrowing capacity of business firms.
It increases business efficiency.
it helps in social prosperity.
it contribute to economic growth.
It offers safety and security
Non-life insurance provides safety and security against losses on a particular
events. it offers safety and security against loss from fire ,
,damage, destruction or disappearance of property, machine etc.
It brings peace of mind to policyholders
If people feel more secured, they are motivated to work more ans efficiently.
The non-life insurance offers security against the event of fire,windstorm,accident
,damage so that people may work with the peace of mind.
it reduces business losses
business organizations, commercial enterprises and industrial establishment
own properties worth millions of rupeess. a slight negligence may damage these
properties causing huge amount of losses to the business. such losses can be transferred
to insurance company by purchasing property and liability insurance policies. therefore insurance of properties reduces the losses of business
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