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Posted On : Jan-12-2010 | seen (291) times | Article Word Count : 372 |

India is the second most populous country in the world. With a population of around 1100 million, it leaves a lot of potential for life insurance companies to grow and prosper. The life insurance companies have brought in huge capital for investment and expansion. India is the second most populous country in the world. With a population of around 1100 million, it leaves a lot of potential for life insurance companies to grow and prosper. The life insurance companies have brought in huge capital for investment and expansion. They have generated good employment opportunities Wholesale MLB Baseball Jerseys , both direct and in-direct. In 1991, Insurance Regulatory and Development Authority (IRDA) was formed to regulate the business of the insurance sector. Life insurance is a contract that pledges payment of an w.wholesalemlbbaseballjerseysshop.com/]Wholesale Baseball Jerseys[/url] , speaking of life insurance is incomplete without Life Insurance Corporation (LIC) of India. Out of total 270 million individual policies serviced by various companies, LIC serviced a whopping 250 million. Their main objective is to spread life insurance across all dimensions of the country, concentrating on the economically backward and rural classes.

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