Page 3 - Life Insurance Today March 2018

Vol. XIII No. 12 March 2018
ISSN - 0973-4813
Editor-in-Chief Editorial
Ram Gopal Agarwala
B.Com., L.L.B., F.C.A.
Editor
CA Rakesh Agarwal The Insurance Industry must take a leaf from banking
M.Com. (BIM), F.C.A., DISA, L.L.B.,
F.I.I.I., P.G.J.M.C., M.B.A., Ph.D industry to have proper check and balances to prevent
Associate Editor any fraud. Insurance Industry is handling huge
Shyam Agarwal
M.Com.(BIM), A.C.A., DISA, F.I.I.I., P.G.J.M.C. investment of public. As per an estimate the
Resident Editor investment in life Insurance industry was around 28
Dr. Abhijeet K. Chattoraj, Noida lakh crores in 2017 march. It is the duty of IRDAI to
Dr. B. K. Jha, Sultanpur
K. L. Madhok, New Delhi make the Regulations full proof so that chances of any
Shaik Gulam Afzal Biya Bani, Saudi Arabia
R. Venugopal, Bangalore anomaly may be reduced and the investment of
Correspondence Address public is safe.
25/1, Baranashi Ghosh Street, Kolkata - 700 007, India
Phone : 033-2269 6035 / 4007 8428
E-mail : insurance.kolkata@gmail.com IRDAI also needs to ramp up its audit department and
Website : www.sashipublications.com
Portal: www.bimabazaar.com conduct more frequent audits and submit reports in
Registered Office time. In current regime IRDAI takes lot of time in
31/1, Sadananda Road, P.S. Kalighat,
Kolkata - 700 026, India investigating and submitting the report. In case of any
Customer Help Line anomaly immediate corrective action must be taken
For non receipts/any other query please contact
E-mail : sashipublications@yahoo.com and in case of serious issues not only the companies
Phone : 033-4007 8378 / 2218 4184 should be penalised but action must be taken against
Mechanical Details
Oversall size : 27.5 x 21.5 cms. the person at the helm of affairs.
Print area : 24.5 x 18.5 cms
Rate of Subscription
Amount You By Regd. Surprise
Pay Post gift Govt. of India may consider establishing a new
Scheme Period mirco,crop and health Insurer to meet the growing
LIT - 1 1 Year 540 500 800 ----
LIT - 3 3 Years 1,620 1,300 2,200 ---- demand for expanding the insurance reach in India.
LIT - 5 5 Years 2,700 2,100 3,600 Yes
Bulk Subscription
LIT - 10 copies 1 Year 5,400 4,320 Free Yes
LIT - 25 copies 1 Year 13,500 10,125 Free Yes LIC is planning to start promotional exam for its
Single Copy `` `` ` 45/- officers to give them an opportunity to grow in the
All the payment must be made by DD favouring LIFE organisation.
INSURANCE TODAY payable at Kolkata, India.
Please do not make any cash payment for journal/books to any
person representing LIFE INSURANCE TODAY and we shall
not be responsible for the cash payments.
The contents of this journal are copyright of LIFE Government has appointed many new Insurance
INSURANCE TODAY whose permission is necessary for Ombudsman and few more recruitments need to be
reproduction in whole or in part. The views expressed by
contributors or reviewers in this journal do not necessarily done. Ombudsman decisions are fast and very cost
reflect the opinion of LIFE INSURANCE TODAY and the
journal can not be held responsible for them. All disputes effective. This also takes away the burden of cases
subject to Kolkata jurisdiction only.
Published by Sushil Kumar Agarwala & Printed by Satyajug from the existing judicial system which is
Employees Co-operative Industrial Society Ltd. 13,Prafulla overburdened with cases.
Sarkar Street, Kolkata - 700 072

Life Insurance Today March 2018 3