Puratchi Thalaivi Amma’s Medical Insurance Scheme – A Boon for the Despondent Unorganized Sector – A Preliminary Case Study on The Penetration of Private Insurance Companies on the Unorganized Sector of Chennai City

α
P. Sarvaharana
P. Sarvaharana
σ
M. Mohan Kumar
M. Mohan Kumar
ρ
Dr. P. Thiyagarajan
Dr. P. Thiyagarajan
α Tamil Nadu Open University

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Puratchi Thalaivi Amma’s Medical Insurance Scheme – A Boon for the Despondent Unorganized Sector – A Preliminary Case Study on The Penetration of Private Insurance Companies on the Unorganized Sector of Chennai City

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Puratchi Thalaivi Amma’s Medical Insurance Scheme – A Boon for the Despondent Unorganized Sector – A Preliminary Case Study on The Penetration of Private Insurance Companies on the Unorganized Sector of Chennai City Banner

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Abstract

The Insurance sector plays a vital role in the planned economic development, as it not only aims to boost saving habit; but also become a safety-net both for the rural and urban sector. It also aims to generate long-term funds for infrastructural development. Besides, Insurance protects enterprises against risks such as fire and natural calamities. For the general public insurance comes to their aid towards health care, life, property and pension. Therefore, insurance growth and development is synonymous to the growth of an economy wherein it not only safeguards the interest of the industry but the general public as well.

References

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Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

How to Cite This Article

P. Sarvaharana. 2019. \u201cPuratchi Thalaivi Amma’s Medical Insurance Scheme – A Boon for the Despondent Unorganized Sector – A Preliminary Case Study on The Penetration of Private Insurance Companies on the Unorganized Sector of Chennai City\u201d. Global Journal of Human-Social Science - E: Economics GJHSS-E Volume 19 (GJHSS Volume 19 Issue E7): .

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Issue Cover
GJHSS Volume 19 Issue E7
Pg. 35- 44
Journal Specifications

Crossref Journal DOI 10.17406/GJHSS

Print ISSN 0975-587X

e-ISSN 2249-460X

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GJHSS-E Classification: FOR Code: 149999
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v1.2

Issue date

September 24, 2019

Language
en
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The Insurance sector plays a vital role in the planned economic development, as it not only aims to boost saving habit; but also become a safety-net both for the rural and urban sector. It also aims to generate long-term funds for infrastructural development. Besides, Insurance protects enterprises against risks such as fire and natural calamities. For the general public insurance comes to their aid towards health care, life, property and pension. Therefore, insurance growth and development is synonymous to the growth of an economy wherein it not only safeguards the interest of the industry but the general public as well.

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Puratchi Thalaivi Amma’s Medical Insurance Scheme – A Boon for the Despondent Unorganized Sector – A Preliminary Case Study on The Penetration of Private Insurance Companies on the Unorganized Sector of Chennai City

M. Mohan Kumar
M. Mohan Kumar
Dr. P. Thiyagarajan
Dr. P. Thiyagarajan
P. Sarvaharana
P. Sarvaharana Tamil Nadu Open University

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