Thursday, July 21, 2011

Life insurance

Life Insurance, a time-proven financial instrument trusted globally, is one of the best options for social and financial security of an individual, a family and a community as a whole. It is not only a fundamental right of an individual but, more importantly, an indicator of civilization, well-being & socio-economic development of a society and a nation as well.
A bitter truth, however, is that on the root of some basic social factors, such as, lack of basic knowledge & awareness, fatalistic attitude, poor economic condition and low level of people's participation & access to productive sector of economy, a big chunk of population is being unable to enjoy the benefits of insurance. 
In this context, spreading knowledge & awareness on "Insurance & Its Inevitability" incorporating greater size of population all over the world, ensuring people's active participation in insurance sector so as to mitigate sudden & uncertain socio-economic risks and burdens arisen due to natural calamities and disasters stimulated by rapid climate change; diseases, accidents, violence and conflicts; hence, enabling people to take advantages of insurance can be considered our prime duty.

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