Page 3 - Insurance Times April 2020
P. 3
D ES
A C E D R U IN PUBLICATION
O
The YEARS
F
SINCE 1981
DEDICATED SERVICE
TO T O I T A N E H N
Insurance Times
Vol. XXXX, No. 04, April 2020 ISSN - 0971 - 4480
Editor-in-Chief’s Desk
Editor Associate Editor
CA Rakesh Agarwal Shyam Agarwal
M.Com (BIM), M.Com (BIM),
FCA, DISA, LLB, FIII, ACA, DISA,
PGJMC, MBA, FRMAI, PhD FIII, PGJMC Ram Gopal Agarwala
B.Com, LLB, FCA.
Editorial Advisory Board
Dr. B. K. Jha
Prof. (Dr.) Abhijeet K. Chattoraj Covid-19 one of the greatest epidemic of all times has
caused one of the biggest disruption in the human history.
Resident Editors
There has been a series of epidemics over centuries but no
Dr. K. L. Madhok, Gurgaon one was so strong to put the entire world under its feet,
Vazir Ahmed Khan, Secunderabad stop the economic activities, kill lakhs of people, put almost
V. K. Agarwal, Agra
R. K. Sharma, Jaipur entire world in home quarantine and what not.
Shaik Gulam Afzal Biya Bani, Saudi Arabia And the worst part is we do not have any vaccine, no
C. K.Bhatia, Delhi treatment and don't know when this agony will end. People
Ganesh Iyer, Mumbai
are really suffering from this.
R. Venugopal, Bangalore
Jaswanth Singh G , Mysore The whole economy is standstill and it will have cumulative
effect on economy as a whole. As it was said world has
become a global village. It is this concept that has caused
Correspondence Address the most destruction.
25/1, Baranashi Ghosh Street, Kolkata - 700 007, India
Phone : 91-33-2218 4184/2269 6035 Risk Managers were caught napping and they could not
Website : www.sashipublications.com
Portal : www.bimabazaar.com anticipate the fallout of the pandemic. It should be a good
E-mail : insurance.kolkata@gmail.com lesson for them to prepare for any such situation in future.
Registered Office IRDAI issued some guidelines for claim payment for health
31/1, Sadananda Road, Kolkata - 700 026, India and life insurance policies. It could have been more
Customer Help Line proactive to address the concern of business enterprises
where they did not have any answer whether if premises
For non receipts/any other query please contact
E-mail : sashipublications@yahoo.com remains unoccupied what would be the fate of coverage.
Phone : 033-40078428, 40078429
Life Insurance Industry has seen a decline of 32% in
Single Copy `85/- business. It may continue in near future also. Though the
Annual Subscription : `990/- (Ordinary Mail)
`1340/- (Regd.) Foreign air mail US$ 125 health insurance market may see an upsurge as people
would realize the importance of health insurance but still,
Payment may be made online by NEFT/ Credit card online now the first priority of people would be to save money for
or by cheque / DD favouring Sashi Publications Pvt. Ltd.
crisis situation rather than investing in insurance.
Tough times for all business activity ahead and this will also
impact the general insurance business. And this will have a
ripple effect on the whole economy.
With the current situation in sight it does not seems that
Publisher Sushil Kumar Agarwala, 31/1, Sadananda Road, P.S. Kalighat, the situation is going to improve in coming days. The only
Kolkata - 700 026, India.
Printed by Satyajug Employee Co Operative Industrial Ltd, solution I think is to learn to live with corona and take
13, Prafulla Sarkar Street, Kolkata - 700 072. utmost protection for safety of all.
The Insurance Times, April 2020 3
