LIC HFL & NIACL Assistant Interview Capsule – Download PDF

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Dear Bank & Insurance Exam Aspirants,

LIC Housing Finance Limited & NIACL Assistant Recruitments are about to finalize the list of shortlisted candidates by conducting the last and final phase called Personal Interview.

LIC HFL & NIACL Organizations which are under Insurance Category are to conduct Interview in November 2018 is the hottest among the candidates cleared these Examinations.

We have developed an Interview Capsule Material consisting of “All about Insurance Sector”.

The 36 Page Material strongly describes the differences between Life Insurance & General Insurance. History of Life and General Insurance, Recent updates in Insurance Sectors, Important Terms that are expected to be questioned in the Interview are provided.

Interview Capsule Material consisting of “All about Insurance Sector”.

TYPES OF INSURANCE

There are two main types of insurance, which covers different aspects of your life:

LIFE INSURANCE

GENERAL INSURANCE

DIFFERENCE BETWEEN LIFE INSURANCE AND GENERAL INSURANCE

Life Insurance	General Insurance
Amount assured becomes payable on death or maturity	An actual financial loss suffered becomes payable subject to the limit of sum assured
It is for whole life or for a specified period	Usually for a period of one year
It promotes savings along with financial protection	It provides financial protection only
Often used a form on investment	Usually serves it purpose
Premium usually paid annually	Premium Can be paid annually or lump sum at one time

Download LIC HFL & NIACL Assistant Interview Capsule

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