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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.
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): .
Crossref Journal DOI 10.17406/GJHSS
Print ISSN 0975-587X
e-ISSN 2249-460X
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Total Score: 108
Country: India
Subject: Global Journal of Human-Social Science - E: Economics
Authors: M. Mohan Kumar, Dr. P. Thiyagarajan, P. Sarvaharana (PhD/Dr. count: 1)
View Count (all-time): 170
Total Views (Real + Logic): 2739
Total Downloads (simulated): 1290
Publish Date: 2019 09, Tue
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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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