Investment pattern of ICICI Prudential Life Insurance Company

Pages :

50 pages

Format :

.doc

Published date :

03/13/2009

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Summary :

 
 

Table of Contents Investment pattern of ICICI Prudential Life Insurance Company Table of Contents

 
  1. Introduction
  2. Industry profile
  3. Company profile
  4. Research methodology
  5. Data collection & interpretation
  6. Suggestions & recommendations
  7. Summary
  8. Bibliography
  9. Appendix

Abstract

Since the evolution of mankind, the need for biological and physical fulfillment has emerged. Over the long span of development of mankind there is a very high advancement in technological and industrial growth. In the beginning of 20th century, World has faced two major revolutionary wars World War I and World War II. These have gradually changed the world into global village. Due to advancement and growth in population simultaneously there has been an increase in the demand for physical need. Availability of options has increased competition among people. These have led to the need of proper financial planning. The emergence of investment option is mainly driven by people's social and demographic variables as described below. Needs are generally classified into protection needs and investment needs. Protection needs refers to the needs that have to be primarily taken care of, to protect the living standard , current requirements and survival requirements of investors. Need for regular incomes, need for retirement income and need for insurance cover are protection need. investment needs are additional financial needs that have to be served through saving and investment. These are needs for children's education, hosing and children's professional growth.

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