Re: small doubt in insuarance

1 view

Skip to first unread message

Moksha Kalyan Ram Abhiramula

unread,

Sep 25, 2010, 4:35:14 AM9/25/10

to sreehari, cfp_...@googlegroups.com

Life insurance is not acceptable.

Reason:

The people are well aware of the existence of the volcano hill which is an indication of risk retention. They can choose to change the location and approach the insurance company for coverage.

On Sat, Sep 25, 2010 at 9:17 AM, sreehari <hari...@gmail.com> wrote:

Dear sir
this is sreehari, i am having doubt in RMIP

1.In one village there is 1000 people are there, they want to take life insurance on their lives but the thing is they are residing beside to volcano hills( it blowout at any time)

they came to insurance company they need life-insurance on their lives is it acceptable

1. it it acceptable

2. accept with high premium

3. not acceptable

4. not satisfy insurance characteristics