Page 4 - Life Insurance Today January-June 2020

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Contents Focus

5 5 5 5 5 Societies keep on changing. The
Editorial 3

Comparative Method and the Non Life nature and the pace of changes
may vary from time to time and
Insurance Sector A few random thoughts from society to society. Twenty first
- S H Gejji 5 century changes are dominated by
huge developments in the areas of fi-
Best practices to Optimize your nancial inclusion and information &
work-from-home experience communication technology. This has
- Viviene Ly 13
led to wider participation of members
of society in the corporate life. Such
Titbits of Indian life insurance sector
in this current era participation has heightened the need
- Anabil Bhattacharya 15 for increased intelligence and vigi-
lance, particularly in the light of sev-
eral corporate failures witnessed in
Digitisation of product transactions
boosts insurance market growth the past.
- Jagendra Kumar 21 13 13 13 13 13 As a result of the viral COVID-

Grievance Redressal in Life Insurance companies 30 19 outbreak, many of us have
joined the millions of people
around the world working from
Names and Addresses of Ombudsman Centres 32
home, which has been declared a
global pandemic as of this week.
List of Life Insurance Companies in India 36 Many of the world's leading US-based
tech companies such as Apple,
IRDAI Circular 40 Google, Facebook, Intel, Salesforce,
Microsoft, LinkedIn, and Twitter have
LEGAL (Ombudsman) 44 implemented work from home
policies in an effort to keep their
Statistics 55 employees safe and slow the spread
of the virus.
Important Insurance Contacts 79
15 15 15 15 15 Indian economy is in transi-

Statistics - Life Insurance 80 tion over the last one decade
or more, owing to the initia-
Five financial mistakes you should avoid 82
tion of major economic reforms affect-
ing almost all sectors. The exemplar
LIC News 84
shift from a mixed economic organi-
zation to a market-oriented organiza-
Private Life News 86 tion has exposed all sectors to an in-
tense competition; the Life Insurance
IRDAI News 88 business is the most noteworthy one
among them. Life Insurance is an at-
Glossary & Poll 90 tractive option for investment.

4 January - June 2020 Life Insurance Today