Skip to main content
Image
By

Life Insurance of India is a boon for low income and middle income group!
Do you agree with it or you don't !
The logic of pooling money from all and sharing it with persons whose certainty is affected is a very good social thought that was started sometime back in 1800.
Before its origin was to compensate the loss of ship in ocean due to strom and destruction due to various reasons.
It's good that it's extended to public by India in 1940's with a corpus fund of 5 crores that had grown to more than 2 lakh crores  with LIC.
Hence LIC can stand for any loss or natural disasters to compensate many lives which is certain.
Though it's mainly for  people with economic background for future risks many do not realise its value at earlier age and think this intangible assets as not being useful- specially younger aged people.
However! My concern is that it to serve more people in India who really need the premiums calculated though small yet many cannot afford to provide this little amount even as per insurance contract continuously.
When some learned breaucrats have even said that an Indian BPL ( below poverty line) can live with just 32 rupees may be right in their own perception.
The purpose of life insurance is to serve the majority of neatly 2 billion Indian .
Comment. !!!

In continuation to above write up like to question in a society of 2 billion people  very many are ignorant about this life saving great boon.


Secondly some Ads you see these days ! Harping on to spend just Rs 17 rs to 20 rs daily  for various policies.

Could these people even if are given a good awareness spend this so called little amount on a daily basis. I don't think so. Your comment on this!

Should LiC device methods to further reduce the premium on a daily basis with their Actuarial experts.

If one thinks of earning profits then even LIC cannot serve its people for what its inception was for.

You see these days businessmen are making money through loopholes in banking systems or circumventing it's processes.

The Government too is spending lot of money on projects which is meant for people but does not go to them.

Under such situations it's catch 22 for having LiC too in the name of benefitting people.

I feel the government can spend a small amount towards its BPL population for Government insurance schemes to allocate the poor and unaffordable people .

If it can open Jan Dhan accounts for so many this little premium for their future with LIC for them will be good.

What's your take on this thought.

I recommend this for all Indians whether they are Rich or poor. Sometimes the rich live with super confidential belief that rusks won't affect them because they can afford it.
Again many rich suffer .
Do you agree!!!

This logic is valid for any developing country where Government or influencing people can bring in  for the benefit if their own people.

Comments

Post a Comment

Popular posts from this blog

Ulcer and food recipes

By
Hi all its been a week since i update my blog. I thought of giving some info on ulcer and foods that can cure, how to prevent, symptoms of ulcer,etc. My brother who is staying away from home was talking to me lately that he feels like eating often and a burning sensation. I was scolding him for not having food in time and not a nutritious food. He was asking me what to do as i cdnt regulate my food habits. So i was telling him some food changes and habits that he needs to change. Then suddenly when i thought of writing i immediately thought why dont i write about ulcer. So lets give a change..... ULCER..... What is a stomach ulcer? Stomach ulcers are painful sores that can be found in the stomach lining or small intestine. Stomach ulcers are the most visible sign of  peptic ulcer disease. They occur when  the thick layer of mucus that protects your stomach from digestive juices is reduced, thus enabling the digestive acids to eat away at the lining tiss...
Post a Comment
Read more

SALAD-STIR FRY SALAD2

By
Salads generally served in room temperature or chilled. BUt for this weather we cant have it chilled so for a change lets have warm or hot salad..... STIR FRY SALAD2 Ingredients: carrot-1 fresh green peas-3tbsp beans-4nos black sesame seeds-1tsp olive oil or sesame oil-1tbsp salt a pinch pepper or chilli flakes a pinch optional onion-1 Method: Using the peeler peel the carrots after cleaning it. cut bean into thin stripes. cut onion into thin pieces. You can use any type of vegetables in thin strips. Heat oil and stir fry all the vegetables by tossing it. Make sure the vegetables are just heated but not cooked more than half. Once done add fried sesame seeds salt and pinch of pepper powder or chilli powder. Nutritional Info: Has all the goodness of veggies....vitamin A, fibers, calcium, folate, protein, carbohydrate, etc
Post a Comment
Read more

MUDAKATHAN KEERAI / BALOON VINE PLANT

By
MUDAKATHAN KEERAI / BALOON VINE PLANT RECIPES The Tamil system of medicine has incorporated Ayurveda, Unani and Siddha system to treat a number of everyday problems with natural herbs and minimal side effects. One such herb is the Mudakathan keerai. The botanical name is Cardiospermum halicacabum, but it is commonly known as the balloon vine. Found locally in villages and peripheries of Tamil Nadu, it can be identified as a climber having balloon like fruits. The leaves, roots, seeds and the baby leaves of this plant are all used for kaleidoscopic medicinal purposes. It can be used both internally and externally. Mudakathan keerai or leaves has strong  anti-inflammatory  properties. It gives noticeable relief in patients of arthritis, joint pain and even gout patients. The oil made out of this herb can be used externally. The powder obtained from the leaves is mixed in popular south Indian dishes and is used for internal consumption. A combination of the two g...
Post a Comment
Read more