Insurance Law – An Indian Perspective


“Insurance should be bought to protect you against a calamity that would otherwise be financially devastating.”

In simple terms, insurance allows someone who suffers a loss or accident to be compensated for the effects of their misfortune. It lets you protect yourself against everyday risks to your health, home and financial situation.

Insurance in India started without any regulation in the Nineteenth Century. It was a typical story of a colonial epoch: few British insurance companies dominating the market serving mostly large urban centers. After the independence, it took a theatrical turn. Insurance was nationalized. First, the life insurance companies were nationalized in 1956, and then the general insurance business was nationalized in 1972. It was only in 1999 that the private insurance companies have been allowed back into the business of insurance with a maximum of 26{512b763ef340c1c7e529c41476c7e03bc66d8daea696e1162822661d30dde056} of foreign holding.

“The insurance industry is enormous and can be quite intimidating. Insurance is being sold for almost anything and everything you can imagine. Determining what’s right for you can be a very daunting task.”

Concepts of insurance have been extended beyond the coverage of tangible asset. Now the risk of losses due to sudden changes in currency exchange rates, political disturbance, negligence and liability for the damages can also be covered.

But if a person thoughtfully invests in insurance for his property prior to any unexpected contingency then he will be suitably compensated for his loss as soon as the extent of damage is ascertained.

The entry of the State Bank of India with its proposal of bank assurance brings a new dynamics in the game. The collective experience of the other countries in Asia has already deregulated their markets and has allowed foreign companies to participate. If the experience of the other countries is any guide, the dominance of the Life Insurance Corporation and the General Insurance Corporation is not going to disappear any time soon.

The aim of all insurance is to compensate the owner against loss arising from a variety of risks, which he anticipates, to his life, property and business. Insurance is mainly of two types: life insurance and general insurance. General insurance means Fire, Marine and Miscellaneous insurance which includes insurance against burglary or theft, fidelity guarantee, insurance for employer’s liability, and insurance of motor vehicles, livestock and crops.


“Life insurance is the heartfelt love letter ever written.

It calms down the crying of a hungry baby at night. It relieves the heart of a bereaved widow.

It is the comforting whisper in the dark silent hours of the night.”

Life insurance made its debut in India well over 100 years ago. Its salient features are not as widely understood in our country as they ought to be. There is no statutory definition of life insurance, but it has been defined as a contract of insurance whereby the insured agrees to pay certain sums called premiums, at specified time, and in consideration thereof the insurer agreed to pay certain sums …

The Great Masculine Renunciation of the 19th Century

There was an intense period of change in social, political, and fashion spheres during the 19th Century. Men increasingly adopted a penchant for dark coloured attire; most notably black emerged as a favoured choice of colour among all sectors of the male population. Trends in clothing towards functional simplicity became prominent in the early 1800s. The turn of the century also brought along an up-and-coming group of ultra-fashionable males known as ‘dandies’, the most renown being Beau Brummell. The de facto first English dandy said that pretentious apparel and the wearing of outstanding colours and fabrics for the purpose of drawing attention was an improper way to participate in society.

“Rather he should exercise rigorous restraint in his dress,” as Baudelaire suggests. Another important factor to consider is the bourgeois ethic which surfaced against a backdrop of gender equality struggle. Cultural theorist Flugel supports Baudelaire in his argument that there was a dramatic cutback in the male sartorial wardrobe. Men renounced the desire to be beautifully and elaborately dressed, endeavouring instead to be merely practical and functional. The emergence of the three-piece suit was an example of such changes in sartorial ideology. The austere and ascetic forms of sombre attire were deemed socially ‘correct’. The advancement of aesthetic fashion was left almost entirely to the female population.

In a previous era, royalty signalled their proximity to power through expensive jewels and fabrics. Later on, simplicity and minimalism became a fixture of American ideological discourse. The mass produced suit progressed to symbolise virtuous American polity. A very important phenomenon which took place during the great masculine renunciation was the transformation from brightly coloured sartorial garments to dark and undistinguished clothing. Black was originally only used for ecclesiastical attire or military uniforms. However by around 1830, black trousers and pantaloons were the rule. The result was a 19th Century that bore close resemblance to a perpetual funeral. Nevertheless, black was powerful. There was a close association of black dress with democracy, a bourgeois ethic, and potentially more equality between different classes through the elimination of individuality.

The key idea behind the great masculine renunciation is the desire by all to give an impression of sober propriety, an illusion for gaining respect. An important development which affected fashion was the Industrial Revolution. The inescapable fact of social emulation led to a copying in dress sense of families which prospered in manufacturing industries, caricatured as tall dingy men with a look of hostility behind black hair, clothes and faces. Moreover, clothes were made to a greater extent by machinery rather than labour, facilitated by the mechanization of the sewing machine; this instigated the standardization of male attire.

Breward points to the notion that during the great masculine renunciation, men embraced a sexual, psychological and physical release of the body from Victorian constraints, a denial of human nature. The endeavour for utility over style was predominantly caused by political changes in the period. The tendency towards more indistinctive dress was a result of a new …

The Influence of Bollywood on Hollywood Continues to Grow

Bollywood is the term given to movies in Hindi that are produced in Mumbai, India. It is a mixture of Bombay, which is what Mumbai used to be called, and Hollywood. For years, Bollywood cinema was largely ignored by the rest of the world outside of India and surrounding countries, but that is simply not the case anymore. Bollywood’s influence on Hollywood and other film making countries is now so strong that it can no longer be denied or ignored.

For years, the government of India forbade banks and other large investors from pouring money into film making, claiming it was not a real industry. Some aspiring directors who were fortunate enough to have some money would finance their own endeavors, but that was not an option for most. Instead, they looked towards smaller investors, which in some cases meant using crime syndicate money from underground gangs. The use of mob money to finance movies gave Bollywood a bad name, which is why so many in the western world dismissed the industry altogether for so many years.

In 2000, the Indian government finally lifted their ban on banks loaning money for films and recognized movie making as a viable industry. It didn’t happen overnight, but, after several months, some of the larger banks began investing in the industry, allowing Bollywood to distance itself from the illegal money. When this happened, more movies began production, and ticket sales and revenues shot to billions of dollars every year. Hollywood began to take notice, since some very influential filmmakers began to tell how past Bollywood films influenced their mainstream films.

One of the most famous directors to claim a Bollywood influence is Australian filmmaker Baz Luhrmann, who won acclaim for “Moulin Rouge” in 2001. The musical was wildly successful, and it was influenced by the song and dance numbers that permeate Bollywood films. “Moulin Rouge” was such a hit that it spurred a renaissance of sorts in Hollywood for musicals. In the next few years, musicals like the Oscar-winning adaptation of “Chicago,” “The Phantom of the Opera,” “Rent,” and “The Producers” were all made into mainstream movies that earned big box office revenues. “Moulin Rouge” was widely credited with spurring this musical revival, with Bollywood being the inspiration to bring musicals back to western movie theaters. This is arguably the biggest contribution that Bollywood has made to the movie industry.

Bollywood also has a big influence over the financial aspect of the film industry. Once the Indian government allowed banks to finance films, the executives of the banks saw how profitable the films could be. With low production costs and high ticket sales, the profit margin was through the roof on many films, and bankers recognized the potential of the industry. Soon, they began to not only invest in Bollywood, but in Hollywood as well. Director M. Night Shyamalan, a native Indian who was raised in the United States, got roughly half the financing for “The Happening” from Indian banks. This kind of …

How to Layout an Effective Palm Card Design For Your Political Campaign

The ultimate goal of your palm card layout and design is to deliver a candidate image and message that is clear and consistent to voters. Also called push cards, palm cards are an effective form of campaign advertisement. You should communicate your main talking points as well as background, education and such other relevant information all while being visually appealing to your desired demographic.

Designing a campaign palm card consists of several facets. First is the use of color. When ordering your push cards, remember to use the colors that are specific to your campaign. Red, white and blue are traditionally the most popular colors among political hopefuls, but if you have a pre-existing color scheme use those colors.

This leads us into our second design point; be consistent. Do not change your color scheme or election slogan halfway through the campaign. It is important to be consistent with all of your campaign materials in regards to color, font and style of design. When building a campaign image, or brand if you will, uniformity is key to accomplishing this successfully.

Third, choose palettes of colors that are complementary to each other. In the age of digital printing, voters expect to see full color printing, and an appealing palm card. Be creative with your color choices. Also make the text, especially your name, easy to read. Your name should be the first thing that the voter sees in respect to your push card. The font you select should be clear and large. Gothic and fancy script-type fonts should be avoided due to their lack of clarity.

The fourth facet of designing your campaign palm card is presenting your message. Make sure your message is clear and simple. Don’t confuse your voters by throwing legal jargon or complex phrases at them. Use simple words and concise sentences to get your point across. There should be a natural flow of information that is easy to follow. Remember, if the voter does not read your message, you have wasted your time and money.

Pictures are an essential staple to have on your palm card. It is important to have a headshot of the front on your palm card so your voter can put a face with a name. For local offices, this may be the only time the voter sees you. You might also include a nice family photo on your palm card under the family section. If available, include some action shots of the candidate in the community. Choose the best quality pictures available. Most printers will not accept anything less than 300 dpi at print size (4″ x 6″). If you are unsure about the terminology used here, your photographer or printer should be able to help you. Remember, a picture is worth 1000 words!

There are many layout and design options available when designing your push card, but you must take your quantity of information into account when deciding which layout works best for you.…

Caregivers Confusion: Explaining "In Home Care" to Caregivers

Many of us speak of obtaining care for our loved ones or clients so that they can remain in their homes. This is the ideal setting for people in most circumstances.

The concept of “in home” care has gained universal awareness and acceptance. Indeed, the term “home care” has become a part of our vernacular or lexicon. We use the term “home care” to represent all services that an individual may receive while living at home. This is like saying that all facial tissues are Kleenex brand or all cotton swabs are q-tips.

When determining the appropriate type of care for home based services, the overarching question goes first to client choice and then, immediately to the payer source.

“Home care” is a fee for service, out of pocket, expense which is the responsibility of the person receiving those benefits. Under a true “home care” plan, the client, patient (or their caregiver) is the person who decides when, where and how much service shall be offered.

“Home health care” is government subsidized care, typically through medicare or medicaid and, in some instances, some private insurance companies. Under “home health care”, the “government” essentially, makes the determination as to when, where and how much care a person will be eligible to receive before they are required to reach into their own pocket.

There are three basic levels of care that are provided under in home services: companion, personal and skilled.

Companion care is typically non-physical contact by the provider and is typically thought of as “sitting” services. Companion care is provided by non-licensed personnel who receive basic training from the agency they are employed with. Services offered under this heading may include but need not be limited to: meal planning, lighthouse keeping, general companionship (companion/sitter)

Personal care includes all of the elements of companion care but may go further to include limited physical contact and work with activities of daily living (bathing, dressing, grooming), transferring, stand by assist with walking. This level of care is typically provided by nurse assistants.

Skilled care is more invasive medical treatment. It includes general medical assessment and treatment. Typically, licensed providers are the only individuals providing skilled care. Here is where we may see therapy and medications administered.

A comprehensive care plan must consider the specific care needed, services available through home health care and, finally, the supplementation of care through home care services.…

Getting an Ex Girlfriend Back Using the Law of Attraction – Is it Even Possible?

Getting an ex girlfriend back is what many guys search for following a breakup. Do not feel bad if you're one of them; This is quite common and normal. Many breakups are not meant to be; They happen because people act based on emotions when they're angry and they later regret it.

The law of attraction has become quite popular in the last few years since the introduction of the movie and book "The Secret." In various forums the question often comes up even if someone can get their ex back using this law.

You must realize that the law of attraction has its limits. First, it's not the answer to every problem as many are led to believe. Second, it does not allow you to control others. It's just not possible. It does allow you to attract what you want into your life.

So if getting an ex girlfriend back is what you want, there are certain things you can do to attract her back to you. Remember though, you can not manipulate her mind to change the way she feels about you. You can attract others to you by becoming an attractive person. In order to do so you need to have a positive outlook on life and feel good about yourself.

Feeling good about yourself creates the vibration of joy, peace, and love about you. Those are the most powerful attractors. Here are a few things you can do to accomplish that:

Keep yourself healthy and physically attractive by eating right, getting enough sleep, and exercising.

Be more relaxed and calm. Learning relaxation techniques as well as meditation and yoga can help you achieve this.

Have an attitude of gratitude. Be appreciative and thankful for the things you have and are available around you. This is one of the most powerful aspects of the law of attraction.

Read a book, watch a video or attend a seminar on personal development that can take you a step further into becoming that attractive person.

After you have made all the positive changes in your life, you will automatically attract others to you, and getting your ex girlfriend back will be easy. Just show her what a wonderful person you are and subtly remember your ex girlfriend of the things that made her love you in the beginning. …

Characteristics of Civilization in Ancient China

I was once instructed to find examples that show that China had the characteristics of civilization, and also to show how Chinese civilization was different from that of Mesopotamia and Egypt. Examples demonstrating that China possessed the characteristics of civilization are numerous. When one considers their ceremonial temples, their Book of Wisdom, the I-Ching, their world renown poetry and cuisine, the simple longevity of their society, and their over crowded cities, it is apparent that the Chinese knew just as much about civilization as did the Mesopotamians and the Egyptians. Conversely, however, the Chinese also differed in their experience of a civil society. We’ll explore the commonalities and differences herein. As you may know, the main five characteristics of a civilization are large population centers in cities, writing, ritual centers, continuity, and the arts.

China had a highly developed cultural core which was used to promote a moral order for its people. As the text “China: The Mandate of Heaven” (Wood) discloses, Confucius proposed that the “state is a moral order sustained by virtue, ritual, and reverence for ancestors.” (Wood) Every aspect of the Chinese civilization was initially imbued with these values. The ceremonial temples, and shrines throughout China were a large part of this. These ritual centers drew millions to China’s major cities. Of note are the famed Taoist temple atop the sacred mountain, Tai Shan, in the Shandong province, and the monument to Confucius in Suzhou, China.

The Chinese Book of Wisdom, the I-Ching, was another example of the presence of the characteristics of civilization in China. Considered one of the benchmarks of Eastern writing, it testified to the importance of the written word in Chinese society. This is a vital document for anyone studying the history of ancient civilization.

Additionally, there were the arts of China. Arts, as we know, are one of the fundamental characteristics of civilization. The poets, Li Po and Du Fu, headed the list of a long tradition of the Chinese arts. If cuisine were allowed to be classified among the arts, then Chinese cuisine would lead the world. It was one of the earliest known, and most sought after cuisines. Their centuries old, famous dishes have evolved into a literal art form.

It is common knowledge that China boasts the world’s largest population. Much of this populous resided and still resides in China’s cities. While the details of the particular living arrangements and standards of living among the millions of residents of cities like Kai Thanks, Shanghai, Beijing, Hong Kong and Tianjin are the topic of another setting, none can doubt China’s commitment to living in cities. This is one of the most obvious characteristics of civilization that China demonstrates well.

Finally, China is one of the oldest civilizations on Earth. Their culture and traditions impressively span several millennia, as those who’ve studied any ancient civilization of the world well know. They have demonstrated the type of inter-generational continuity that few other civilizations have enjoyed. While parallels to all of these examples …

Effects Of Poor Parental Care On Child Development

Parental intervention and application of moral principles can do much to mitigate these potential effects. One can then consider some of the possible effects a poorly brought up child can face. Research clearly shows that a child who lacks adequate parental instruction stands the risk of recalcitrance. A dependable study who reveals that out of ninety-four thousand cases of child delinquent behavior, about eighty percent stems from children in a household with poor parental counseling.

Relatively, the escalating risk of childhood sexual abuse in our society today results primarily from ineffective parental training and supervision. Generally, this psychological development drifts through life with no set objectives, very low sense of direction and low self-esteem as well as delinquent attitude among many children of minimal parental care.

Every Christian home must bring up a child in the way acceptable to God so that when the child grows up, he will not depart from it. This is a responsibility many biological parents deride. It therefore means that child from such irresponsible parental background may grow above his jacket and subsequently becomes a nuisance not only to the immediate community but the entire society.

Indeed, a child without adequate and sustained parental instruction or counseling is worthless and may slowly or rapidly grow into marijuana addiction, vandalism and armed robbery as well as other social vices. Little wonder why child delinquency in many developing societies is always blamed on in-effective parental upbringing.

Sometimes, these parental responsibilities are abandoned due to one reason or the other. Cases abound where some children are considered and seen as very fragile and so to be handled with care resulting, unfortunately, in over pampering. Attempting by fathers to instill discipline in such children receives negative reactions from the mothers especially when they remember and consider the labour they passed through during delivery.

Candidly speaking, this shoddy home training bestowed on a child does not usually augur well for his development. This in turn helps to promote moral decadence, which is a cog in the mechanical wheel of development of any society.

Another causative factor of poor parental care in many homes is the issue of housemaids. Apparently parental care and moral instruction are now being concentrated on the housemaids to the detriment of the biological child. There is absolute denial of basic parental training of the child from birth.To get rid of this psychological impact of poor child up bringing on the society, every biological parent must properly groom his or her children to become useful citizens by not sparing the rod and spoiling the child.…

Newton’s Third Law and The Secret Physics of Drumming

Dating back to 4000 BC in Egypt, drums are the oldest known instrument in the world. Not only have people been using drums for a long time, but Macaque monkeys also use drumming to show dominance and communicate. Drums have been used all over the world as a means of communication or a way to create music. People who play the drums heavily rely on the physics behind them, but many people never truly realize how much newton’s third law takes place in their activity. When a person plays drums, to simply put it, they are just hitting drums in different ways at different times. The main thing they are doing is bouncing a stick, a hand, a mallet or something similar off of a drum. Without being able to bounce something off the drum, drumming would be drastically different, or even non-existent in this day and age.

Both the sticks, mallets, hands, etc., and the makeup of the drum itself have major roles in the physics of drumming. For example, without Newton’s Third Law, the drumstick would never bounce off the drum, leaving drums having a dull and bland smacking noise. Newton’s Third Law states that every action has an equal and opposite reaction. The action would be the sticks hitting the drum, and the equal and opposite reaction are the sticks bouncing off the drum. As the sticks push against the drumhead, the drumhead also pushes against the sticks with an equal and opposite force, leaving the drum resonating with sound and the sticks back up in the air. This is possible because of the tension in the circular membrane of the drumhead. The tension makes it easier for the sticks to apply more force to the drumhead and make a louder sound while being pushed back up to hit again. Different drums also have different ways they need to be hit. For example, the snare drum needs to be hit in the center, whereas the timpani drum needs to be hit near the sides.

The ideal circular membrane has a fundamental frequency of ƒ1=0.765((√ T/σ)/D), where ƒ = frequency, T = membrane tension, σ = mass per unit, and D = the diameter of membrane. With this ideal frequency, it is easiest and most efficient to hit the drumstick off of the drum. Leading back to Newton’s Third Law, when it is most efficient to hit the drumstick off of the drumhead the forces of the sticks and the drum are completely equal and the drum leaves a resonating sound as the stick goes back up the be used to hit the drum again.…

Law of Attraction – How I Lost 20 Kg (44 Lbs) Of Fat in 90 Days With LOA and How You Can Too

Three years ago, I went through a very hard period of my life. But I managed to turn it around and gain a positive result from it.

One of the goals I obtained was to lose quite a lot of weight. 20 kg (44 lbs) over a period of only three months, and most of the weight loss stayed off permanently.

I have the Law of Attraction to thank for this victory, and if you are in a fight against your weight, you can win, too.

First of all, I decided to lose weight. I decided to lose a lot of fat in a short period of time, and to become good looking and attractive as fast as possible. I even put a time limit on my goal.

Then I took action. I cut down my food intake from large portions to small portions. Since I was going through this bad period, I didn’t want to enjoy myself. Not even when I was eating. So instead of eating for lust, I only ate enough to survive.

Every single day I also took a good walk. For at least 30 minutes I walked in a fast pace, whether it was raining, or the sun was shining. I did that to get away from my problems, to let the air in and clear my mind from negative thoughts. Through movements, I improved my mood.

I also did lots of meditations daily. Not about the weight loss, but about my problems. I feel certain, though, that breathing consciously and meditating contributed a lot to solve my weight problem, too.

Every morning I stood up on the scale, and I expected it to show 1 kg less than the day before. It wasn’t something I hoped for or wished for. It was something I expected.

Some mornings the weight hadn’t changed. Some mornings it was almost 2 kg’s less than before. Always the weight kept going in the right direction, which didn’t surprise me at all. I took it for granted, and never doubted it for a second.

After three months, I had lost 20 kg, which obviously is less than one kg per day, but I was satisfied with the result. The weight loss made me feel well, and that showed. As by a miracle, my bad times were over, things changed, and life was good again.

If you want to obtain a permanent weight loss with the help of the Law of Attraction, I recommend that you set a goal, do lots of meditations and visualizations, take action, and expect miracles to happen. They do, you know.…