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Nov 29 2011 12:38PM
Awareness on insurance benefits needed

There was a time when life insurance agents were feared by society. Times have changed now, but the insurance sector is still is not reaching out to the community, said Mysore MP H Vishwanath, asking insurance agents to create awareness about the benefits of insurance. When I was a kid, people used to be afraid when insurance agents visited them. This was because insurance was seen as something that came into play when somebody died. This has changed now. But still for a county of the size of India, with a population of over one billion, hardly one-forth are in the insurance net,the MP said at the divisional level LIC agents convention, hosted by the Life Insurance Agents Federation of India ( LIAFI). Lauding the efforts of the agents in extending insurance cover to the public, he said In Western nations, even electronic goods are insured when purchased. The benefits of the insurance sector needs to be communicated effectively to the community. Referring to services extended by the LIC of India to the nation, he said basic facilities like road and potable drinking water are extended to lakhs of people by funds extended by the LIC. The agents have strengthened the democratic norms of the nation by pooling resources for the nation building, he said.
 
 
 
 
 
 
 
 
 
     
 
     
 
 
 
 
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