Main Article Content

Abstract

Basically, Finance represents the management of money and the process of acquiring funds which are needed. Finance also includes activities which are related to process of money management like investing, borrowing, lending, budgeting, and forecasting.


In the finance there are various types of financial services which are credit unions, banks, credit card companies , foreign exchange services, investment services, insurance services, etc. and Insurance  is one of the services which has got huge importance.


Insurance is the arrangement which is made for any future uncertainty. Insurance has been   divided in to two parts i.eLife Insurance sector& General Insurance sector. In Life Insurance Term Plan, Money Back, Children’s Policy, Unit Linked (ULIP), etc. are their and in General insurance Health Insurance, Motor Insurance, Property Insurance and Fire Insurance.

Article Details