Reforms in Life Insurance Sector
A Seminar on ‘Reforms in Insurance Sector’ was conducted by the Department of Commerce, CMS College, Kottayam on 19th October 2017.
167 students participated in the programme.
The meeting was started at 2 PM with a prayer song. Mr. Vishnu Prakash, Faculty of the department delivered welcome speech.
Dr. Samkutty George, HOD delivered Presidential address. Inauguration of the meeting was performed by Dr. Roy Sam Daniel, Principal CMS College Kottayam.
Mr. Georgy Oommen (Principal, Divisional Training Centre LIC of India, Kottayam) was the resource person. He took an excellent session on Reforms in Life Insurance Sector. He explained the principles of life insurance, term and conditions and so on with the help of real-life examples. He explained the benefits of newly introduced Schemes of Life Insurance Corporation of India, the largest Life insurance company in India.
He taught the students the fact “insurance is not for making profit but for mitigating loss and covering risk”.
He also explained the career opportunities in Insurance sector.
The Vote of thanks was delivered by Mrs. Elsa Daniel, Faculty, CMS College Kottayam. The meeting Came to an close at 4 PM.