- Insurance benefits society economically and socially
- It also provides employment
- The money raised from premium is invested in to the development of infrastructure needs.
- Removes the fear, worry and anxiety associated with one's future
Govt Sponsored Insurance Schemes
Employees state insurance corporation, Crop Insurance Schemes(RKBY). Rural insurance schemes.
Run by insurer and not supported by Govt schemes
Janata Personal Accident, Jan Arogya
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