The banking and insurance industry have changed rapidly in the changing economic environment throughout the world. Together Banking and Insurance Industry contributes about seven percent GDP of our economy. The increased pace of market competition due to liberalization and privatization forced...

Micro insurance is one of the unique and important segments of insurance which provides financial assistance to the poor people in the country. Reaching the micro insurance to all is also a part of financial inclusion. The IRDA on 30th November 2005 regulation act micro insurance products was...