Insurance

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Narayana Reddy

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Oct 23, 2015, 9:17:57 PM10/23/15
to Nitw -bangalore
FYI-


Dear Ravikeshav,
Thanks for the clarification.
I don't understand this magic number 10!
Are you saying you won't help the 11th person?
I think there shouldn't be funny strings like this.
With best rgds n tks... Saradhi.
Sent by Outlook for Android
Dear Saradhi
We are discussing with various insurance company. On these lines as mentioned . Blanket Aprroval  for 10 Alumni per year . Claim to be processed by two bodies  namely the registrar certifying the candidate was a student of the college.
Secondly by Alumni .
That's all . 
We are looking at all options. 
Will Still need u r advice on how to close.
Regards
Ravi keshav


Sent from Samsung Mobile

Dear Iyer ji,
You should not create a policy with a detailed list. For many reasons if you have missed one and that missed one meets an unfortunate event, then the policy doesn't help, as good as not having in the first place.
In the industry there is an option for blanket policy. At the point of raising a claim, NITWA needs to show that individual is a genuine alumni, that's all.
I am glad to help the authorised team. If  you provide contact  details, I can call you from Sydney.
I currently in SFO, will be back to home on 26Oct. Any time, after that is fine for me.
Do let me if you need my help.
With best rgds n tks... Saradhi.
Sent by Outlook for Android


On Fri, Oct 23, 2015 at 7:17 AM -0700, "P.R.Iyer" <rajam...@gmail.com> wrote:
Dear All 
Much as I would like NOT want  to don the the mantle "I told you" I now appeal to all of you to put your heads and get the following information at the earliest 
Every student has paid the Alumni fund fee . It is our moral duty to provide a back up for those whose family lose a bread winner ;; at least in the case of those who have not done as well as many of us ??
Quote 
.
T he normal fields of information required to incept an Group Term Life Insurance policy under a normal scheme are:
 
1.       Name
2.       Gender
3.       Date of Birth in DD/MM/YYYY format
4.       Sum Assured in Rs
5.       Designation
6.       Location
 
In addition to this , the information required are:
 
1.       Retirement age or the cease age in this scheme, say 60 years
2.       Expected inflow of members at the end of one year
3.       Number of deaths during the last 3 year, separately for accidental and natural reasons
4.       It is important to mention the total group size and the number of death so that the probability of future deaths per 1000 group members can be assumed in future
The more the information gathered, the finer can be the underwriting process and pricing. Else he underwriter will put it on a higher risk matrix.
These member data is required in an excel sheet.
 Unquote 
My attempt to visit Warangal on 24th was not possible . I cancelled my tickets just now.
With regards
At least by end Dec 2015  I want an insurance policy  in place to take care of such deserving cases . It is possible with the support of all  
--
P.R.Iyer
 
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