Insurance and you
Samudra Mitra RKMV (1994)
Samrat Ghosh RKMV (1994)
Insurance has evolved as a process of safeguarding people’s interests from loss and uncertainty. It is a social device to reduce or eliminate the risk of loss to life and property. Insurance also contributes a lot as an emergency fund and reduces uncertainties by improving financial resources.
There is always a fear of sudden loss. Insurance provides a cover against any sudden loss. For example, in the case of life insurance, financial assistance is offered to the insured’s family on one’s death. In the case of other insurance, security is provided against the loss due to fire, marine, accidents etc.
In modern times, different policies provided by licensed agencies have become more of a necessity than a choice. The session of the Praktani Adda deliberated on the importance of insurance and the nitty-gritty of an industry, which is as old as the history of humankind itself. The session was jointly conducted by Samrat Ghosh (Batch of 1994) and Samudra Mitra (Batch of 1994). Both these alumni have been a stalwart in the field of insurance.
The session covered the need for insurance, products available in the market and guided on the kind of insurance one should avail to delve into the feeling of securing the future and living in the present with peace and poise. The session carried the trademark of Samrat Ghosh laden with trivia from the master itself and a detailed ride into the fabrics of the industry from Samudra Mitra, who has been meddling with the industry since childhood watching his father dealing in the industry.
A detailed and quirky Adda answered all the doubts that one suffers from the onset of a dilemma before procuring insurance. It educated about the industry and dealt with the hidden condition applied Asterix marks that most of us tend to ignore initially and suffer later while trying to get a claim. In a nutshell, this Adda is a must for people planning to insure various aspects of their lives and start young into the sector.
