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Group Name-Panache

Insurance risk management

Group Members Mentor: Ms. Faizia

Siddiqui

Ravi Kant Shukla

Ashish Kumar Tiwari

Amit Kumar Chaurasia

Durga Dutt Chauhan

Akmal Siddiqui

Seema

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Introduction

A general term insurance related toservice sector. Insurance is concerned withthe protection of economic value of assets.

For example in case of a factory or a cow,the product generated by it is sold andincome is generated.

For creating strong relationship and for asuccess full business every insurancecompany required financial planner.

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History of Bharti Axa Life

InsuranceBharti AXA Life Insurance is a joint

venture between Bharti, one of Indiasleading business groups with interests in

telecom, agri business and retail, and AXA,world leader in financial protection andwealth management.

The joint venture company has a 74%stake from Bharti and 26%stake of AXA.

The company launched national operationsin Sep 2006. Today, company have over

8000 employees across over 12 states in

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Company profile

Company Name: Bharti Axa Life Insurance Co. Ltd.q Established: Sep,2006

q Joint Venture: Bharti Group & Axa(FrenchInsurance)

q In 1816,it was listed as one of the worlds largestinsurance company in Fortune 500 companies.

q CEO (Asia pacific region): Mike Bishop.

q CEO(India):Sandeep Ghosh

q Branches:More than 120 branches in India

q Headquarter: Mumbai Raheja Titanium,

Gore aon East,Mumbai.

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Haldwani(Nanital Branch)

Established: 28 Nov, 2008

Address: Hall-3,Phase-I,Durga City Center

Haldwani,Nanital

Branch Manager:Mrs. Preeti Goel

Total Managers:7Branch Turnover: Approximately 6-

8lac(C.P.)

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Designation Hierarchies

Bharti Group

Bharti Axa Life Company

Chief Executive Officer

Chief Distribution Officer

Head Agency

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Advisors

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ULIP(Unit Linked Insurance Plan)

It offers four type of ULIP

A. Future Investment ULIP

B. Power Kid ULIP

C. Wealth one ULIP

D. True wealth ULIP

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- Future InvestmentULIP

Power Kid ULIP

Min premium 50,000 26000

Age validation Min Age-18yrsMax age-70yrs

Min Age-18yrsMax Age- 50yrs

S.A 1time 20 times

Premium 5yrs 5yrs

Maturity 10yrs 10yrs

Advisors Commission 4% 5%

Allocation Charges 0% 8%

Fund Allocation 100% 92%

Service Tax 2.5% or Rs.6000 tax:10.2% and 12.5%

Death Benefit S.A + Fund

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Wealth One ULIP True Wealth ULIP

Min Premium 100000 25000

Age validation Min Age- 18 yrs

Max Age- 60 yrs

Min Age- 18 yrs

Max Age- 50yrs

Premium Single (1 time) 5 yrs

Maturity 10 yrs 10 yrs

Allocation Charges 8% 20%

Fund Allocation 92% 80%

Tax deduction 80(c) and 10(10d)

Advisors commission 10% and 5% renewablecommission

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Other features offered by insurersalong with ULIP

Partial withdrawal:

It is allowed after 3 yrs of ULIPplan with 120% of C.P.

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SIP(Systematic Investment Plan)

It is a vehicle offered by mutual funds tohelp investors save regularly.

It includesq Save money through minimum risk and

return.

q Grow money through maximum risk andreturn.

q Save and grow

q Build India through government bonds and

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Thank

you